LOYAL TEXTILE MILLS
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The Current P/B Ratio of LOYAL TEXTILE MILLS is 0.77.
Share Price | ₹575.8 | Apr 24,2024 |
Market Cap | ₹276.4 Cr | |
Book Value | ₹360.3 Cr | Mar2023 - Consolidated Results |
Price/Book | 0.77x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of LOYAL TEXTILE MILLS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹276.4 Cr] as on Apr 24,2024
(/) Book Value [ ₹360.3 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 0.77x ]
Thus, for LOYAL TEXTILE MILLS , the investors are currently willing to pay '0.77 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 LOYAL TEXTILE MILLS !
The chart below summarizes the trend in P/B Ratio of LOYAL TEXTILE MILLS over the last five years.
Historical PB (Price/Book ) ratio chart of LOYAL TEXTILE MILLS
PB Ratio Performance Analysis for LOYAL TEXTILE MILLS
- LOYAL TEXTILE MILLS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.86x.
- LOYAL TEXTILE MILLS 's operated at median p/b ratio of 0.86x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LOYAL TEXTILE MILLS 's p/b ratio peaked in Mar2022 at 1.44x.
- LOYAL TEXTILE MILLS 's p/b ratio hit its five-year low in Mar2020 of 0.38x.
How does LOYAL TEXTILE MILLS 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
LOYAL TEXTILE MILLS | 360.27 | 0.77 | 276.4 |
PAGE INDUSTRIES LTD | 1,371.05 | 29.50 | 40,442.8 |
KPR MILL LTD | 3,706.69 | 8.18 | 30,327.4 |
VEDANT FASHIONS LTD | 1,392.22 | 16.36 | 22,783.6 |
SWAN ENERGY LTD | 2,283.68 | 8.37 | 19,117.7 |
WELSPUN LIVING LTD | 4,083.44 | 3.79 | 15,476.0 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.70 | 13,763.7 |
VARDHMAN TEXTILES LTD | 8,562.77 | 1.55 | 13,276.0 |
ARVIND LTD | 3,344.49 | 2.50 | 8,346.0 |
GARWARE TECHNICAL FIBRES LTD | 1,016.40 | 6.44 | 6,541.5 |
JINDAL WORLDWIDE LTD | 649.98 | 10.35 | 6,728.5 |
Textile Industry Benchmark (Top 10) PB Analysis vs LOYAL TEXTILE MILLS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.70x |
Max industry PB | 29.50x |
Median industry PB | 6.44x |
Average industry PB | 7.92x |
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