Home > PB Ratio > CENTURY TEXTILES & INDUSTRIES

CENTURY TEXTILES & INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of CENTURY TEXTILES & INDUSTRIES is 5.73.

Share Price ₹1,993.8Apr 26,2024
Market Cap ₹22,270.2 Cr
Book Value₹3,886.8 CrMar2023 - Consolidated Results
Price/Book 5.73xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for CENTURY TEXTILES & INDUSTRIES
Please provide your vote to see the results
CENTURY TEXTILES & INDUSTRIES is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of CENTURY TEXTILES & INDUSTRIES

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of CENTURY TEXTILES & INDUSTRIES is calculated as :

Current Market Cap [ ₹22,270.2 Cr] as on Apr 26,2024

(/) Book Value [ ₹3,886.8 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 5.73x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for CENTURY TEXTILES & INDUSTRIES , the investors are currently willing to pay '5.73 times book value' to own 1 share of the company.

PB Multiples are one of the most widely used valuation multiple in industry.

Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.

In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of CENTURY TEXTILES & INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of CENTURY TEXTILES & INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of CENTURY TEXTILES & INDUSTRIES


PB Ratio Performance Analysis for CENTURY TEXTILES & INDUSTRIES

- CENTURY TEXTILES & INDUSTRIES 's latest p/b ratio is 5.73x.

- CENTURY TEXTILES & INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.99x.

- CENTURY TEXTILES & INDUSTRIES 's operated at median p/b ratio of 1.82x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, CENTURY TEXTILES & INDUSTRIES 's p/b ratio peaked in Mar2019 at 3.16x.

- CENTURY TEXTILES & INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.95x.


How does CENTURY TEXTILES & INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Diversified Industry?

Peer Comparison (Diversified Industry)Book ValuePB RatioMarket Cap
CENTURY TEXTILES & INDUSTRIES 3,886.835.7322,270.2
GRASIM INDUSTRIES LTD78,331.402.04159,615.0
3M INDIA LTD1,677.4720.0633,654.8
DCM SHRIRAM LTD6,193.752.4114,938.5
BIRLA CORPORATION LTD5,980.801.8711,160.4
SURYA ROSHNI LTD1,848.693.586,616.1
BALMER LAWRIE & COMPANY LTD1,680.732.824,739.4
ASPINWALL AND COMPANY LTD176.761.31231.2
GILLANDERS ARBUTHNOT & COMPANY LTD276.790.66182.0

Diversified Industry Benchmark (Top 10) PB Analysis vs CENTURY TEXTILES & INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.66x
Max industry PB 20.06x
Median industry PB 2.41x
Average industry PB 4.50x



You may also like the below Video Courses