R&B DENIMS
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The Current P/B Ratio of R&B DENIMS is 6.55.
Share Price | ₹57.7 | Apr 22,2024 |
Market Cap | ₹519.3 Cr | |
Book Value | ₹79.3 Cr | Mar2023 - Consolidated Results |
Price/Book | 6.55x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of R&B DENIMS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹519.3 Cr] as on Apr 22,2024
(/) Book Value [ ₹79.3 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 6.55x ]
Thus, for R&B DENIMS , the investors are currently willing to pay '6.55 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 R&B DENIMS !
The chart below summarizes the trend in P/B Ratio of R&B DENIMS over the last five years.
Historical PB (Price/Book ) ratio chart of R&B DENIMS
PB Ratio Performance Analysis for R&B DENIMS
- R&B DENIMS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.94x.
- R&B DENIMS 's operated at median p/b ratio of 1.5x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, R&B DENIMS 's p/b ratio peaked in Mar2022 at 9x.
- R&B DENIMS 's p/b ratio hit its five-year low in Mar2020 of 1.3x.
How does R&B DENIMS 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
R&B DENIMS | 79.28 | 6.55 | 519.3 |
PAGE INDUSTRIES LTD | 1,371.05 | 28.86 | 39,573.4 |
KPR MILL LTD | 3,706.69 | 7.77 | 28,814.9 |
VEDANT FASHIONS LTD | 1,392.22 | 16.26 | 22,641.5 |
SWAN ENERGY LTD | 2,283.68 | 8.53 | 19,484.5 |
WELSPUN LIVING LTD | 4,083.44 | 3.54 | 14,460.5 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.69 | 13,599.8 |
VARDHMAN TEXTILES LTD | 8,562.77 | 1.53 | 13,137.2 |
ARVIND LTD | 3,344.49 | 2.38 | 7,953.6 |
GARWARE TECHNICAL FIBRES LTD | 1,016.40 | 6.38 | 6,482.3 |
JINDAL WORLDWIDE LTD | 649.98 | 10.03 | 6,518.9 |
Textile Industry Benchmark (Top 10) PB Analysis vs R&B DENIMS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.69x |
Max industry PB | 28.86x |
Median industry PB | 6.55x |
Average industry PB | 8.29x |
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