Home > PB Ratio > RUDRA ECOVATION

RUDRA ECOVATION
PB (Price/Book ) Ratio

The Current P/B Ratio of RUDRA ECOVATION is 18.99.

Share Price ₹49.0May 15,2024
Market Cap ₹422.6 Cr
Book Value₹22.3 CrMar2023 - Standalone Results
Price/Book 18.99xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for RUDRA ECOVATION
Please provide your vote to see the results
RUDRA ECOVATION is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of RUDRA ECOVATION

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 RUDRA ECOVATION is calculated as :

Current Market Cap [ ₹422.6 Cr] as on May 15,2024

(/) Book Value [ ₹22.3 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 18.99x ]

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

Thus, for RUDRA ECOVATION , the investors are currently willing to pay '18.99 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 RUDRA ECOVATION !

The chart below summarizes the trend in P/B Ratio of RUDRA ECOVATION over the last five years.

Historical PB (Price/Book ) ratio chart of RUDRA ECOVATION


PB Ratio Performance Analysis for RUDRA ECOVATION

- RUDRA ECOVATION 's latest p/b ratio is 18.99x.

- RUDRA ECOVATION 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.03x.

- RUDRA ECOVATION 's operated at median p/b ratio of 1.17x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RUDRA ECOVATION 's p/b ratio peaked in Mar2022 at 4.77x.

- RUDRA ECOVATION 's p/b ratio hit its five-year low in Mar2020 of 0.46x.


How does RUDRA ECOVATION 's P/B Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
RUDRA ECOVATION 22.2618.99422.6
PAGE INDUSTRIES LTD1,371.0528.4939,057.4
KPR MILL LTD4,358.236.4528,107.4
VEDANT FASHIONS LTD1,601.8815.8025,315.8
SWAN ENERGY LTD2,283.688.0118,291.8
WELSPUN LIVING LTD4,515.813.0513,765.7
ALOK INDUSTRIES LTD-19,775.90-0.6713,232.4
VARDHMAN TEXTILES LTD9,100.131.4513,156.0
ARVIND LTD3,542.752.709,579.6
GARWARE TECHNICAL FIBRES LTD1,016.406.446,544.3
JINDAL WORLDWIDE LTD649.9810.736,973.1

Textile Industry Benchmark (Top 10) PB Analysis vs RUDRA ECOVATION 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.67x
Max industry PB 28.49x
Median industry PB 6.45x
Average industry PB 9.22x



You may also like the below Video Courses