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IRIS CLOTHINGS
PB (Price/Book ) Ratio

The Current P/B Ratio of IRIS CLOTHINGS is 11.14.

Share Price ₹77.8Apr 19,2024
Market Cap ₹634.4 Cr
Book Value₹57.0 CrMar2023 - Standalone Results
Price/Book 11.14xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of IRIS CLOTHINGS

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 IRIS CLOTHINGS is calculated as :

Current Market Cap [ ₹634.4 Cr] as on Apr 19,2024

(/) Book Value [ ₹57.0 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 11.14x ]

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

Thus, for IRIS CLOTHINGS , the investors are currently willing to pay '11.14 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 IRIS CLOTHINGS !

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

Historical PB (Price/Book ) ratio chart of IRIS CLOTHINGS


PB Ratio Performance Analysis for IRIS CLOTHINGS

- IRIS CLOTHINGS 's latest p/b ratio is 11.14x.

- IRIS CLOTHINGS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.73x.

- IRIS CLOTHINGS 's operated at median p/b ratio of 3.76x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, IRIS CLOTHINGS 's p/b ratio peaked in Mar2023 at 9.09x.

- IRIS CLOTHINGS 's p/b ratio hit its five-year low in Mar2020 of 2.03x.


How does IRIS CLOTHINGS 's P/B Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
IRIS CLOTHINGS 56.9511.14634.4
PAGE INDUSTRIES LTD1,371.0528.7639,435.5
KPR MILL LTD3,706.697.7828,840.6
VEDANT FASHIONS LTD1,392.2216.0522,344.0
SWAN ENERGY LTD2,283.688.4719,341.9
WELSPUN LIVING LTD4,083.443.4814,212.7
ALOK INDUSTRIES LTD-18,900.40-0.7313,803.4
VARDHMAN TEXTILES LTD8,562.771.5513,258.7
ARVIND LTD3,344.492.408,015.1
GARWARE TECHNICAL FIBRES LTD1,016.406.336,436.8
JINDAL WORLDWIDE LTD649.9810.086,553.0

Textile Industry Benchmark (Top 10) PB Analysis vs IRIS CLOTHINGS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.73x
Max industry PB 28.76x
Median industry PB 7.78x
Average industry PB 8.66x



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