JCT
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The Current P/B Ratio of JCT is 0.89.
Share Price | ₹2.8 | May 06,2024 |
Market Cap | ₹239.7 Cr | |
Book Value | ₹270.2 Cr | Mar2023 - Standalone Results |
Price/Book | 0.89x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of JCT
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹239.7 Cr] as on May 06,2024
(/) Book Value [ ₹270.2 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 0.89x ]
Thus, for JCT , the investors are currently willing to pay '0.89 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 JCT !
The chart below summarizes the trend in P/B Ratio of JCT over the last five years.
Historical PB (Price/Book ) ratio chart of JCT
PB Ratio Performance Analysis for JCT
- JCT 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.76x.
- JCT 's operated at median p/b ratio of 2.47x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, JCT 's p/b ratio peaked in Mar2022 at 6.36x.
- JCT 's p/b ratio hit its five-year low in Mar2023 of -5.43x.
How does JCT 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
JCT | 270.22 | 0.89 | 239.7 |
PAGE INDUSTRIES LTD | 1,371.05 | 27.99 | 38,373.1 |
KPR MILL LTD | 4,358.23 | 6.58 | 28,683.3 |
VEDANT FASHIONS LTD | 1,601.88 | 14.04 | 22,488.8 |
SWAN ENERGY LTD | 2,283.68 | 7.84 | 17,898.4 |
WELSPUN LIVING LTD | 4,515.81 | 3.24 | 14,625.7 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.67 | 13,202.6 |
VARDHMAN TEXTILES LTD | 8,562.77 | 1.48 | 12,689.0 |
ARVIND LTD | 3,542.75 | 2.45 | 8,691.4 |
GARWARE TECHNICAL FIBRES LTD | 1,016.40 | 6.24 | 6,346.8 |
JINDAL WORLDWIDE LTD | 649.98 | 10.50 | 6,826.7 |
Textile Industry Benchmark (Top 10) PB Analysis vs JCT 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.67x |
Max industry PB | 27.99x |
Median industry PB | 6.24x |
Average industry PB | 7.33x |
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