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ROYAL CUSHION VINYL PRODUCTS
PB (Price/Book ) Ratio

The Current P/B Ratio of ROYAL CUSHION VINYL PRODUCTS is -0.36.

Share Price ₹39.4May 31,2024
Market Cap ₹144.2 Cr
Book Value₹-403.6 CrMar2023 - Standalone Results
Price/Book -0.36xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ROYAL CUSHION VINYL PRODUCTS

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 ROYAL CUSHION VINYL PRODUCTS is calculated as :

Current Market Cap [ ₹144.2 Cr] as on May 31,2024

(/) Book Value [ ₹-403.6 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ -0.36x ]

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

Thus, for ROYAL CUSHION VINYL PRODUCTS , the investors are currently willing to pay '-0.36 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 ROYAL CUSHION VINYL PRODUCTS !

The chart below summarizes the trend in P/B Ratio of ROYAL CUSHION VINYL PRODUCTS over the last five years.

Historical PB (Price/Book ) ratio chart of ROYAL CUSHION VINYL PRODUCTS


PB Ratio Performance Analysis for ROYAL CUSHION VINYL PRODUCTS

- ROYAL CUSHION VINYL PRODUCTS 's latest p/b ratio is -0.36x.

- ROYAL CUSHION VINYL PRODUCTS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -0.02x.

- ROYAL CUSHION VINYL PRODUCTS 's operated at median p/b ratio of -0.02x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ROYAL CUSHION VINYL PRODUCTS 's p/b ratio peaked in Mar2020 at -0.01x.

- ROYAL CUSHION VINYL PRODUCTS 's p/b ratio hit its five-year low in Mar2023 of -0.03x.


How does ROYAL CUSHION VINYL PRODUCTS 's P/B Ratio benchmark against top 10 peers in Plastic Products Industry?

Peer Comparison (Plastic Products Industry)Book ValuePB RatioMarket Cap
ROYAL CUSHION VINYL PRODUCTS -403.59-0.36144.2
ASTRAL LTD3,186.9017.6756,308.2
SUPREME INDUSTRIES LTD5,108.8313.1567,155.9
FINOLEX INDUSTRIES LTD5,634.273.4419,383.7
RESPONSIVE INDUSTRIES LTD1,137.067.188,160.9
PRINCE PIPES AND FITTINGS LTD1,544.404.366,740.9
EPL LTD2,091.502.785,807.2
JAI CORP LTD1,486.143.435,101.0
TIME TECHNOPLAST LTD2,550.442.456,253.0
GARWARE HITECH FILMS LTD2,044.802.054,201.4
JAIN IRRIGATION SYSTEMS LTD5,441.630.744,042.9

Plastic Products Industry Benchmark (Top 10) PB Analysis vs ROYAL CUSHION VINYL PRODUCTS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.36x
Max industry PB 17.67x
Median industry PB 3.43x
Average industry PB 5.17x



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