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PREMCO GLOBAL
PB (Price/Book ) Ratio

The Current P/B Ratio of PREMCO GLOBAL is 1.22.

Share Price ₹402.1Apr 18,2024
Market Cap ₹132.7 Cr
Book Value₹108.7 CrMar2023 - Consolidated Results
Price/Book 1.22xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of PREMCO GLOBAL

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 PREMCO GLOBAL is calculated as :

Current Market Cap [ ₹132.7 Cr] as on Apr 18,2024

(/) Book Value [ ₹108.7 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.22x ]

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

Thus, for PREMCO GLOBAL , the investors are currently willing to pay '1.22 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 PREMCO GLOBAL !

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

Historical PB (Price/Book ) ratio chart of PREMCO GLOBAL


PB Ratio Performance Analysis for PREMCO GLOBAL

- PREMCO GLOBAL 's latest p/b ratio is 1.22x.

- PREMCO GLOBAL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.87x.

- PREMCO GLOBAL 's operated at median p/b ratio of 0.98x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PREMCO GLOBAL 's p/b ratio peaked in Mar2021 at 1.3x.

- PREMCO GLOBAL 's p/b ratio hit its five-year low in Mar2020 of 0.21x.


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

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
PREMCO GLOBAL 108.671.22132.7
PAGE INDUSTRIES LTD1,371.0528.7939,467.5
KPR MILL LTD3,706.697.6628,409.9
VEDANT FASHIONS LTD1,392.2215.7521,931.2
SWAN ENERGY LTD2,283.688.4719,346.6
WELSPUN LIVING LTD4,083.443.5014,300.2
ALOK INDUSTRIES LTD-18,900.40-0.7614,275.1
VARDHMAN TEXTILES LTD8,562.771.5913,599.9
ARVIND LTD3,344.492.428,090.9
GARWARE TECHNICAL FIBRES LTD1,016.406.396,498.5
JINDAL WORLDWIDE LTD649.9810.086,550.0

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

Top 10 Industry PeersPB Ratio
Min industry PB -0.76x
Max industry PB 28.79x
Median industry PB 6.39x
Average industry PB 7.74x



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