GOKALDAS EXPORTS
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The Current P/B Ratio of GOKALDAS EXPORTS is 5.89.
Share Price | ₹801.5 | Apr 24,2024 |
Market Cap | ₹5,081.2 Cr | |
Book Value | ₹862.5 Cr | Mar2023 - Consolidated Results |
Price/Book | 5.89x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of GOKALDAS EXPORTS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹5,081.2 Cr] as on Apr 24,2024
(/) Book Value [ ₹862.5 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 5.89x ]
Thus, for GOKALDAS EXPORTS , the investors are currently willing to pay '5.89 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 GOKALDAS EXPORTS !
The chart below summarizes the trend in P/B Ratio of GOKALDAS EXPORTS over the last five years.
Historical PB (Price/Book ) ratio chart of GOKALDAS EXPORTS
PB Ratio Performance Analysis for GOKALDAS EXPORTS
- GOKALDAS EXPORTS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.90x.
- GOKALDAS EXPORTS 's operated at median p/b ratio of 1.7x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GOKALDAS EXPORTS 's p/b ratio peaked in Mar2022 at 3.43x.
- GOKALDAS EXPORTS 's p/b ratio hit its five-year low in Mar2020 of 0.65x.
How does GOKALDAS EXPORTS 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GOKALDAS EXPORTS | 862.52 | 5.89 | 5,081.2 |
PAGE INDUSTRIES LTD | 1,371.05 | 29.50 | 40,442.8 |
KPR MILL LTD | 3,706.69 | 8.18 | 30,327.4 |
VEDANT FASHIONS LTD | 1,392.22 | 16.36 | 22,783.6 |
SWAN ENERGY LTD | 2,283.68 | 8.37 | 19,117.7 |
WELSPUN LIVING LTD | 4,083.44 | 3.79 | 15,476.0 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.70 | 13,763.7 |
VARDHMAN TEXTILES LTD | 8,562.77 | 1.55 | 13,276.0 |
ARVIND LTD | 3,344.49 | 2.50 | 8,346.0 |
GARWARE TECHNICAL FIBRES LTD | 1,016.40 | 6.44 | 6,541.5 |
JINDAL WORLDWIDE LTD | 649.98 | 10.35 | 6,728.5 |
Textile Industry Benchmark (Top 10) PB Analysis vs GOKALDAS EXPORTS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.70x |
Max industry PB | 29.50x |
Median industry PB | 6.44x |
Average industry PB | 8.38x |
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