PIONEER EMBROIDERIES
|
The Current P/B Ratio of PIONEER EMBROIDERIES is 1.00.
| Share Price | ₹43.4 | Apr 19,2024 |
| Market Cap | ₹127.9 Cr | |
| Book Value | ₹128.2 Cr | Mar2023 - Consolidated Results |
| Price/Book | 1.00x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of PIONEER EMBROIDERIES
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
Current Market Cap [ ₹127.9 Cr] as on Apr 19,2024
(/) Book Value [ ₹128.2 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.00x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for PIONEER EMBROIDERIES , the investors are currently willing to pay '1.00 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 PIONEER EMBROIDERIES !
The chart below summarizes the trend in P/B Ratio of PIONEER EMBROIDERIES over the last five years.
Thus, for PIONEER EMBROIDERIES , the investors are currently willing to pay '1.00 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 PIONEER EMBROIDERIES !
The chart below summarizes the trend in P/B Ratio of PIONEER EMBROIDERIES over the last five years.
Historical PB (Price/Book ) ratio chart of PIONEER EMBROIDERIES
PB Ratio Performance Analysis for PIONEER EMBROIDERIES
- PIONEER EMBROIDERIES 's latest p/b ratio is 1.00x.
- PIONEER EMBROIDERIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.80x.
- PIONEER EMBROIDERIES 's operated at median p/b ratio of 0.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PIONEER EMBROIDERIES 's p/b ratio peaked in Mar2022 at 1.09x.
- PIONEER EMBROIDERIES 's p/b ratio hit its five-year low in Mar2020 of 0.53x.
- PIONEER EMBROIDERIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.80x.
- PIONEER EMBROIDERIES 's operated at median p/b ratio of 0.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PIONEER EMBROIDERIES 's p/b ratio peaked in Mar2022 at 1.09x.
- PIONEER EMBROIDERIES 's p/b ratio hit its five-year low in Mar2020 of 0.53x.
How does PIONEER EMBROIDERIES 's P/B Ratio benchmark against top 10 peers in Textile - Spinning Industry?
| Peer Comparison (Textile - Spinning Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| PIONEER EMBROIDERIES | 128.20 | 1.00 | 127.9 |
| TRIDENT LTD | 4,192.02 | 4.69 | 19,675.5 |
| FILATEX INDIA LTD | 1,098.37 | 2.34 | 2,573.5 |
| NITIN SPINNERS LTD | 1,028.90 | 1.89 | 1,943.5 |
| NAHAR SPINNING MILLS LTD | 1,553.89 | 0.65 | 1,014.9 |
| SUTLEJ TEXTILES AND INDUSTRIES LTD | 1,109.40 | 0.82 | 914.8 |
| AMBIKA COTTON MILLS LTD | 816.62 | 1.09 | 888.4 |
| RAJAPALAYAM MILLS LTD | 2,241.72 | 0.38 | 852.6 |
| NAHAR INDUSTRIAL ENTERPRISES LTD | 959.71 | 0.55 | 532.5 |
| SUPER SALES INDIA LTD | 434.36 | 1.21 | 526.7 |
| PRECOT LTD | 405.71 | 1.12 | 454.5 |
Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs PIONEER EMBROIDERIES 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.38x |
| Max industry PB | 4.69x |
| Median industry PB | 1.09x |
| Average industry PB | 1.43x |
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