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INDO COUNT INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of INDO COUNT INDUSTRIES is 4.42.

Share Price ₹400.2Apr 24,2024
Market Cap ₹7,928.0 Cr
Book Value₹1,792.7 CrMar2023 - Consolidated Results
Price/Book 4.42xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of INDO COUNT INDUSTRIES

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 INDO COUNT INDUSTRIES is calculated as :

Current Market Cap [ ₹7,928.0 Cr] as on Apr 24,2024

(/) Book Value [ ₹1,792.7 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 4.42x ]

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

Thus, for INDO COUNT INDUSTRIES , the investors are currently willing to pay '4.42 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 INDO COUNT INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of INDO COUNT INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of INDO COUNT INDUSTRIES


PB Ratio Performance Analysis for INDO COUNT INDUSTRIES

- INDO COUNT INDUSTRIES 's latest p/b ratio is 4.42x.

- INDO COUNT INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.34x.

- INDO COUNT INDUSTRIES 's operated at median p/b ratio of 1.24x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDO COUNT INDUSTRIES 's p/b ratio peaked in Mar2021 at 2.03x.

- INDO COUNT INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.48x.


How does INDO COUNT INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
INDO COUNT INDUSTRIES 1,792.704.427,928.0
PAGE INDUSTRIES LTD1,371.0529.5040,442.8
KPR MILL LTD3,706.698.1830,327.4
VEDANT FASHIONS LTD1,392.2216.3622,783.6
SWAN ENERGY LTD2,283.688.3719,117.7
WELSPUN LIVING LTD4,083.443.7915,476.0
ALOK INDUSTRIES LTD-19,775.90-0.7013,763.7
VARDHMAN TEXTILES LTD8,562.771.5513,276.0
ARVIND LTD3,344.492.508,346.0
GARWARE TECHNICAL FIBRES LTD1,016.406.446,541.5
JINDAL WORLDWIDE LTD649.9810.356,728.5

Textile Industry Benchmark (Top 10) PB Analysis vs INDO COUNT INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.70x
Max industry PB 29.50x
Median industry PB 6.44x
Average industry PB 8.25x



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