RAYMOND
|
The Current P/B Ratio of RAYMOND is 4.62.
Share Price | ₹2,011.3 | Apr 19,2024 |
Market Cap | ₹13,394.9 Cr | |
Book Value | ₹2,897.2 Cr | Mar2023 - Consolidated Results |
Price/Book | 4.62x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of RAYMOND
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹13,394.9 Cr] as on Apr 19,2024
(/) Book Value [ ₹2,897.2 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 4.62x ]
Thus, for RAYMOND , the investors are currently willing to pay '4.62 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 RAYMOND !
The chart below summarizes the trend in P/B Ratio of RAYMOND over the last five years.
Historical PB (Price/Book ) ratio chart of RAYMOND
PB Ratio Performance Analysis for RAYMOND
- RAYMOND 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.90x.
- RAYMOND 's operated at median p/b ratio of 2.41x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAYMOND 's p/b ratio peaked in Mar2023 at 2.81x.
- RAYMOND 's p/b ratio hit its five-year low in Mar2020 of 0.61x.
How does RAYMOND 's P/B Ratio benchmark against top 10 peers in Textile - Weaving Industry?
Peer Comparison (Textile - Weaving Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
RAYMOND | 2,897.15 | 4.62 | 13,394.9 |
SIYARAM SILK MILLS LTD | 1,136.89 | 1.87 | 2,127.0 |
MANOMAY TEX INDIA LTD | 115.94 | 2.96 | 342.8 |
VTM LTD | 245.21 | 1.15 | 282.6 |
UNITED POLYFAB GUJARAT LTD | 60.59 | 3.57 | 216.2 |
DIGJAM LTD | 28.07 | 6.59 | 185.0 |
BSL LTD | 104.07 | 1.80 | 187.1 |
AI CHAMPDANY INDUSTRIES LTD | 78.02 | 2.09 | 163.0 |
JASCH INDUSTRIES LTD | 109.88 | 1.12 | 123.4 |
Textile - Weaving Industry Benchmark (Top 10) PB Analysis vs RAYMOND 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.12x |
Max industry PB | 6.59x |
Median industry PB | 2.09x |
Average industry PB | 2.86x |
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