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GO FASHION (INDIA)
PB (Price/Book ) Ratio

The Current P/B Ratio of GO FASHION (INDIA) is 12.04.

Share Price ₹1,160.6Apr 19,2024
Market Cap ₹6,267.2 Cr
Book Value₹520.4 CrMar2023 - Standalone Results
Price/Book 12.04xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of GO FASHION (INDIA)

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 GO FASHION (INDIA) is calculated as :

Current Market Cap [ ₹6,267.2 Cr] as on Apr 19,2024

(/) Book Value [ ₹520.4 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 12.04x ]

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

Thus, for GO FASHION (INDIA) , the investors are currently willing to pay '12.04 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 GO FASHION (INDIA) !

The chart below summarizes the trend in P/B Ratio of GO FASHION (INDIA) over the last five years.

Historical PB (Price/Book ) ratio chart of GO FASHION (INDIA)


PB Ratio Performance Analysis for GO FASHION (INDIA)

- GO FASHION (INDIA) 's latest p/b ratio is 12.04x.

- GO FASHION (INDIA) 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.58x.

- GO FASHION (INDIA) 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GO FASHION (INDIA) 's p/b ratio peaked in Mar2022 at 12.51x.

- GO FASHION (INDIA) 's p/b ratio hit its five-year low in Mar2021 of 0x.


How does GO FASHION (INDIA) 's P/B Ratio benchmark against top 10 peers in Retailing Industry?

Peer Comparison (Retailing Industry)Book ValuePB RatioMarket Cap
GO FASHION (INDIA) 520.4512.046,267.2
AVENUE SUPERMARTS LTD16,031.9019.08305,968.0
TRENT LTD2,595.4956.87147,618.0
METRO BRANDS LTD1,536.9118.8728,997.6
ADITYA BIRLA FASHION AND RETAIL LTD2,800.908.3923,487.3
BATA INDIA LTD1,438.2111.8016,973.3
REDTAPE LTD476.7620.369,706.6
SHOPPERS STOP LTD193.0140.427,801.5
ELECTRONICS MART INDIA LTD1,604.034.777,654.6
ETHOS LTD631.509.155,775.6
VAIBHAV GLOBAL LTD1,186.185.256,225.9

Retailing Industry Benchmark (Top 10) PB Analysis vs GO FASHION (INDIA) 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 4.77x
Max industry PB 56.87x
Median industry PB 12.04x
Average industry PB 18.82x



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