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GANESHA ECOSPHERE
PB (Price/Book ) Ratio

The Current P/B Ratio of GANESHA ECOSPHERE is 4.26.

Share Price ₹1,073.1Apr 23,2024
Market Cap ₹2,714.8 Cr
Book Value₹637.9 CrMar2023 - Consolidated Results
Price/Book 4.26xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of GANESHA ECOSPHERE

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 GANESHA ECOSPHERE is calculated as :

Current Market Cap [ ₹2,714.8 Cr] as on Apr 23,2024

(/) Book Value [ ₹637.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 4.26x ]

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

Thus, for GANESHA ECOSPHERE , the investors are currently willing to pay '4.26 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 GANESHA ECOSPHERE !

The chart below summarizes the trend in P/B Ratio of GANESHA ECOSPHERE over the last five years.

Historical PB (Price/Book ) ratio chart of GANESHA ECOSPHERE


PB Ratio Performance Analysis for GANESHA ECOSPHERE

- GANESHA ECOSPHERE 's latest p/b ratio is 4.26x.

- GANESHA ECOSPHERE 's p/b ratio for fiscal years ending Mar2023 to Mar2020 averaged 2.23x.

- GANESHA ECOSPHERE 's operated at median p/b ratio of 2.77x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, GANESHA ECOSPHERE 's p/b ratio peaked in Mar2023 at 2.9x.

- GANESHA ECOSPHERE 's p/b ratio hit its five-year low in Mar2020 of 0.77x.


How does GANESHA ECOSPHERE 's P/B Ratio benchmark against top 10 peers in Textile - Manmade Fibres Industry?

Peer Comparison (Textile - Manmade Fibres Industry)Book ValuePB RatioMarket Cap
GANESHA ECOSPHERE 637.884.262,714.8
INDO RAMA SYNTHETICS (INDIA) LTD572.662.091,194.3
BANSWARA SYNTEX LTD509.071.00509.7
SARLA PERFORMANCE FIBERS LTD394.921.23484.6
VARDHMAN ACRYLICS LTD245.351.90466.5
PASUPATI ACRYLON LTD315.691.09344.1

Textile - Manmade Fibres Industry Benchmark (Top 10) PB Analysis vs GANESHA ECOSPHERE 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.00x
Max industry PB 4.26x
Median industry PB 1.90x
Average industry PB 1.93x



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