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R&B DENIMS
PB (Price/Book ) Ratio

The Current P/B Ratio of R&B DENIMS is 6.55.

Share Price ₹57.7Apr 22,2024
Market Cap ₹519.3 Cr
Book Value₹79.3 CrMar2023 - Consolidated Results
Price/Book 6.55xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of R&B DENIMS

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 R&B DENIMS is calculated as :

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 ]

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

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 latest p/b ratio is 6.55x.

- 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 ValuePB RatioMarket Cap
R&B DENIMS 79.286.55519.3
PAGE INDUSTRIES LTD1,371.0528.8639,573.4
KPR MILL LTD3,706.697.7728,814.9
VEDANT FASHIONS LTD1,392.2216.2622,641.5
SWAN ENERGY LTD2,283.688.5319,484.5
WELSPUN LIVING LTD4,083.443.5414,460.5
ALOK INDUSTRIES LTD-19,775.90-0.6913,599.8
VARDHMAN TEXTILES LTD8,562.771.5313,137.2
ARVIND LTD3,344.492.387,953.6
GARWARE TECHNICAL FIBRES LTD1,016.406.386,482.3
JINDAL WORLDWIDE LTD649.9810.036,518.9

Textile Industry Benchmark (Top 10) PB Analysis vs R&B DENIMS 's P/B Ratio

Top 10 Industry PeersPB 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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