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PAGE INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of PAGE INDUSTRIES is 28.88.

Share Price ₹35,355.9Apr 19,2024
Market Cap ₹39,598.6 Cr
Book Value₹1,371.1 CrMar2023 - Standalone Results
Price/Book 28.88xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of PAGE INDUSTRIES

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 PAGE INDUSTRIES is calculated as :

Current Market Cap [ ₹39,598.6 Cr] as on Apr 19,2024

(/) Book Value [ ₹1,371.1 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 28.88x ]

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

Thus, for PAGE INDUSTRIES , the investors are currently willing to pay '28.88 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 PAGE INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of PAGE INDUSTRIES


PB Ratio Performance Analysis for PAGE INDUSTRIES

- PAGE INDUSTRIES 's latest p/b ratio is 28.88x.

- PAGE INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 34.44x.

- PAGE INDUSTRIES 's operated at median p/b ratio of 35.83x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PAGE INDUSTRIES 's p/b ratio peaked in Mar2022 at 44.25x.

- PAGE INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 23.03x.


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

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
PAGE INDUSTRIES 1,371.0528.8839,598.6
KPR MILL LTD3,706.697.7828,840.6
VEDANT FASHIONS LTD1,392.2216.0522,344.0
SWAN ENERGY LTD2,283.688.4719,341.9
WELSPUN LIVING LTD4,083.443.4814,212.7
ALOK INDUSTRIES LTD-18,900.40-0.7313,803.4
VARDHMAN TEXTILES LTD8,562.771.5513,258.7
ARVIND LTD3,344.492.408,015.1
GARWARE TECHNICAL FIBRES LTD1,016.406.336,436.8
JINDAL WORLDWIDE LTD649.9810.086,553.0
INDO COUNT INDUSTRIES LTD1,792.704.137,412.2

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

Top 10 Industry PeersPB Ratio
Min industry PB -0.73x
Max industry PB 28.88x
Median industry PB 6.33x
Average industry PB 8.04x



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