RRIL
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The Current P/B Ratio of RRIL is 2.82.
Share Price | ₹21.5 | May 10,2024 |
Market Cap | ₹260.7 Cr | |
Book Value | ₹92.6 Cr | Mar2023 - Consolidated Results |
Price/Book | 2.82x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of RRIL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹260.7 Cr] as on May 10,2024
(/) Book Value [ ₹92.6 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 2.82x ]
Thus, for RRIL , the investors are currently willing to pay '2.82 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 RRIL !
The chart below summarizes the trend in P/B Ratio of RRIL over the last five years.
Historical PB (Price/Book ) ratio chart of RRIL
PB Ratio Performance Analysis for RRIL
- RRIL 's p/b ratio for fiscal years ending Mar2023 to Mar2021 averaged 1.98x.
- RRIL 's operated at median p/b ratio of 1.96x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, RRIL 's p/b ratio peaked in Mar2022 at 2.05x.
- RRIL 's p/b ratio hit its five-year low in Mar2023 of 1.94x.
How does RRIL 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
RRIL | 92.55 | 2.82 | 260.7 |
PAGE INDUSTRIES LTD | 1,371.05 | 28.11 | 38,533.7 |
KPR MILL LTD | 4,358.23 | 6.30 | 27,469.9 |
VEDANT FASHIONS LTD | 1,601.88 | 14.90 | 23,862.2 |
SWAN ENERGY LTD | 2,283.68 | 7.27 | 16,594.4 |
WELSPUN LIVING LTD | 4,515.81 | 3.01 | 13,605.3 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.65 | 12,894.7 |
VARDHMAN TEXTILES LTD | 9,100.13 | 1.39 | 12,641.3 |
ARVIND LTD | 3,542.75 | 2.66 | 9,434.4 |
GARWARE TECHNICAL FIBRES LTD | 1,016.40 | 6.22 | 6,323.4 |
JINDAL WORLDWIDE LTD | 649.98 | 10.88 | 7,071.4 |
Textile Industry Benchmark (Top 10) PB Analysis vs RRIL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.65x |
Max industry PB | 28.11x |
Median industry PB | 6.22x |
Average industry PB | 7.54x |
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