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LORENZINI APPARELS
PB (Price/Book ) Ratio

The Current P/B Ratio of LORENZINI APPARELS is 24.54.

Share Price ₹24.1May 03,2024
Market Cap ₹378.1 Cr
Book Value₹15.4 CrMar2023 - Standalone Results
Price/Book 24.54xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of LORENZINI APPARELS

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 LORENZINI APPARELS is calculated as :

Current Market Cap [ ₹378.1 Cr] as on May 03,2024

(/) Book Value [ ₹15.4 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 24.54x ]

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

Thus, for LORENZINI APPARELS , the investors are currently willing to pay '24.54 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 LORENZINI APPARELS !

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

Historical PB (Price/Book ) ratio chart of LORENZINI APPARELS


PB Ratio Performance Analysis for LORENZINI APPARELS

- LORENZINI APPARELS 's latest p/b ratio is 24.54x.

- LORENZINI APPARELS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.72x.

- LORENZINI APPARELS 's operated at median p/b ratio of 0.68x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LORENZINI APPARELS 's p/b ratio peaked in Mar2023 at 6.24x.

- LORENZINI APPARELS 's p/b ratio hit its five-year low in Mar2020 of 0.38x.


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

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
LORENZINI APPARELS 15.4124.54378.1
PAGE INDUSTRIES LTD1,371.0528.2538,727.5
KPR MILL LTD4,358.236.6528,990.9
VEDANT FASHIONS LTD1,601.8814.1222,619.9
SWAN ENERGY LTD2,283.688.1618,639.7
WELSPUN LIVING LTD4,515.813.2014,470.2
ALOK INDUSTRIES LTD-19,775.90-0.6813,406.2
VARDHMAN TEXTILES LTD8,562.771.4812,689.0
ARVIND LTD3,344.492.618,737.2
GARWARE TECHNICAL FIBRES LTD1,016.406.266,360.6
JINDAL WORLDWIDE LTD649.9810.596,885.9

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

Top 10 Industry PeersPB Ratio
Min industry PB -0.68x
Max industry PB 28.25x
Median industry PB 6.65x
Average industry PB 9.56x



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