GLOSTER
|
The Current P/B Ratio of GLOSTER is 0.90.
Share Price | ₹894.8 | Apr 30,2024 |
Market Cap | ₹975.3 Cr | |
Book Value | ₹1,079.0 Cr | Mar2023 - Consolidated Results |
Price/Book | 0.90x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of GLOSTER
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹975.3 Cr] as on Apr 30,2024
(/) Book Value [ ₹1,079.0 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 0.90x ]
Thus, for GLOSTER , the investors are currently willing to pay '0.90 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 GLOSTER !
The chart below summarizes the trend in P/B Ratio of GLOSTER over the last five years.
Historical PB (Price/Book ) ratio chart of GLOSTER
PB Ratio Performance Analysis for GLOSTER
- GLOSTER 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.44x.
- GLOSTER 's operated at median p/b ratio of 0.54x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GLOSTER 's p/b ratio peaked in Mar2023 at 0.56x.
- GLOSTER 's p/b ratio hit its five-year low in Mar2020 of 0.22x.
How does GLOSTER 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GLOSTER | 1,078.96 | 0.90 | 975.3 |
PAGE INDUSTRIES LTD | 1,371.05 | 28.30 | 38,795.1 |
KPR MILL LTD | 3,706.69 | 7.80 | 28,908.9 |
VEDANT FASHIONS LTD | 1,601.88 | 14.46 | 23,168.6 |
SWAN ENERGY LTD | 2,283.68 | 8.51 | 19,443.7 |
WELSPUN LIVING LTD | 4,515.81 | 3.23 | 14,567.4 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.69 | 13,555.1 |
VARDHMAN TEXTILES LTD | 8,562.77 | 1.50 | 12,875.5 |
ARVIND LTD | 3,344.49 | 2.46 | 8,244.0 |
GARWARE TECHNICAL FIBRES LTD | 1,016.40 | 6.32 | 6,424.1 |
JINDAL WORLDWIDE LTD | 649.98 | 10.54 | 6,849.8 |
Textile Industry Benchmark (Top 10) PB Analysis vs GLOSTER 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.69x |
Max industry PB | 28.30x |
Median industry PB | 6.32x |
Average industry PB | 7.58x |
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