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FLEXITUFF VENTURES INTERNATIONAL
PB (Price/Book ) Ratio

The Current P/B Ratio of FLEXITUFF VENTURES INTERNATIONAL is -1.49.

Share Price ₹31.5May 18,2024
Market Cap ₹96.6 Cr
Book Value₹-65.0 CrMar2023 - Consolidated Results
Price/Book -1.49xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of FLEXITUFF VENTURES INTERNATIONAL

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 FLEXITUFF VENTURES INTERNATIONAL is calculated as :

Current Market Cap [ ₹96.6 Cr] as on May 18,2024

(/) Book Value [ ₹-65.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ -1.49x ]

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

Thus, for FLEXITUFF VENTURES INTERNATIONAL , the investors are currently willing to pay '-1.49 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 FLEXITUFF VENTURES INTERNATIONAL !

The chart below summarizes the trend in P/B Ratio of FLEXITUFF VENTURES INTERNATIONAL over the last five years.

Historical PB (Price/Book ) ratio chart of FLEXITUFF VENTURES INTERNATIONAL


PB Ratio Performance Analysis for FLEXITUFF VENTURES INTERNATIONAL

- FLEXITUFF VENTURES INTERNATIONAL 's latest p/b ratio is -1.49x.

- FLEXITUFF VENTURES INTERNATIONAL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.14x.

- FLEXITUFF VENTURES INTERNATIONAL 's operated at median p/b ratio of 0.29x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, FLEXITUFF VENTURES INTERNATIONAL 's p/b ratio peaked in Mar2022 at 1.13x.

- FLEXITUFF VENTURES INTERNATIONAL 's p/b ratio hit its five-year low in Mar2023 of -1.14x.


How does FLEXITUFF VENTURES INTERNATIONAL 's P/B Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
FLEXITUFF VENTURES INTERNATIONAL -65.03-1.4996.6
PAGE INDUSTRIES LTD1,371.0529.1239,925.7
KPR MILL LTD4,358.236.5528,536.3
VEDANT FASHIONS LTD1,601.8815.5624,923.6
SWAN ENERGY LTD2,283.688.2418,807.4
WELSPUN LIVING LTD4,515.813.1314,125.2
ALOK INDUSTRIES LTD-19,775.90-0.6713,237.3
VARDHMAN TEXTILES LTD9,100.131.4713,365.7
ARVIND LTD3,542.752.799,900.1
GARWARE TECHNICAL FIBRES LTD1,016.406.306,408.1
JINDAL WORLDWIDE LTD649.9810.917,091.4

Textile Industry Benchmark (Top 10) PB Analysis vs FLEXITUFF VENTURES INTERNATIONAL 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -1.49x
Max industry PB 29.12x
Median industry PB 6.30x
Average industry PB 7.45x



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