Home > PB Ratio > LAKSHMI MILLS COMPANY

LAKSHMI MILLS COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of LAKSHMI MILLS COMPANY is 0.56.

Share Price ₹5,158.1Apr 24,2024
Market Cap ₹361.1 Cr
Book Value₹641.0 CrMar2023 - Standalone Results
Price/Book 0.56xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for LAKSHMI MILLS COMPANY
Please provide your vote to see the results
LAKSHMI MILLS COMPANY is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of LAKSHMI MILLS COMPANY

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 LAKSHMI MILLS COMPANY is calculated as :

Current Market Cap [ ₹361.1 Cr] as on Apr 24,2024

(/) Book Value [ ₹641.0 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 0.56x ]

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

Thus, for LAKSHMI MILLS COMPANY , the investors are currently willing to pay '0.56 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 LAKSHMI MILLS COMPANY !

The chart below summarizes the trend in P/B Ratio of LAKSHMI MILLS COMPANY over the last five years.

Historical PB (Price/Book ) ratio chart of LAKSHMI MILLS COMPANY


PB Ratio Performance Analysis for LAKSHMI MILLS COMPANY

- LAKSHMI MILLS COMPANY 's latest p/b ratio is 0.56x.

- LAKSHMI MILLS COMPANY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.40x.

- LAKSHMI MILLS COMPANY 's operated at median p/b ratio of 0.41x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LAKSHMI MILLS COMPANY 's p/b ratio peaked in Mar2022 at 0.43x.

- LAKSHMI MILLS COMPANY 's p/b ratio hit its five-year low in Mar2021 of 0.34x.


How does LAKSHMI MILLS COMPANY 's P/B Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
LAKSHMI MILLS COMPANY 641.030.56361.1
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 LAKSHMI MILLS COMPANY '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 7.90x



You may also like the below Video Courses