LUX INDUSTRIES
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The Current P/B Ratio of LUX INDUSTRIES is 2.84.
Share Price | ₹1,370.5 | Apr 24,2024 |
Market Cap | ₹4,125.1 Cr | |
Book Value | ₹1,451.8 Cr | Mar2023 - Consolidated Results |
Price/Book | 2.84x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of LUX INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹4,125.1 Cr] as on Apr 24,2024
(/) Book Value [ ₹1,451.8 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 2.84x ]
Thus, for LUX INDUSTRIES , the investors are currently willing to pay '2.84 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 LUX INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of LUX INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of LUX INDUSTRIES
PB Ratio Performance Analysis for LUX INDUSTRIES
- LUX INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.98x.
- LUX INDUSTRIES 's operated at median p/b ratio of 5.04x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, LUX INDUSTRIES 's p/b ratio peaked in Mar2019 at 8.45x.
- LUX INDUSTRIES 's p/b ratio hit its five-year low in Mar2023 of 2.41x.
How does LUX INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
LUX INDUSTRIES | 1,451.76 | 2.84 | 4,125.1 |
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 LUX INDUSTRIES '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 | 8.11x |
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