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SHAHLON SILK INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of SHAHLON SILK INDUSTRIES is 2.31.

Share Price ₹25.6Apr 18,2024
Market Cap ₹228.5 Cr
Book Value₹98.9 CrMar2023 - Standalone Results
Price/Book 2.31xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SHAHLON SILK INDUSTRIES

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 SHAHLON SILK INDUSTRIES is calculated as :

Current Market Cap [ ₹228.5 Cr] as on Apr 18,2024

(/) Book Value [ ₹98.9 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 2.31x ]

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

Thus, for SHAHLON SILK INDUSTRIES , the investors are currently willing to pay '2.31 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 SHAHLON SILK INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of SHAHLON SILK INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of SHAHLON SILK INDUSTRIES


PB Ratio Performance Analysis for SHAHLON SILK INDUSTRIES

- SHAHLON SILK INDUSTRIES 's latest p/b ratio is 2.31x.

- SHAHLON SILK INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.04x.

- SHAHLON SILK INDUSTRIES 's operated at median p/b ratio of 1.11x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SHAHLON SILK INDUSTRIES 's p/b ratio peaked in Mar2022 at 1.58x.

- SHAHLON SILK INDUSTRIES 's p/b ratio hit its five-year low in Mar2019 of 0x.


How does SHAHLON SILK INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
SHAHLON SILK INDUSTRIES 98.882.31228.5
PAGE INDUSTRIES LTD1,371.0528.7939,467.5
KPR MILL LTD3,706.697.6628,409.9
VEDANT FASHIONS LTD1,392.2215.7521,931.2
SWAN ENERGY LTD2,283.688.4719,346.6
WELSPUN LIVING LTD4,083.443.5014,300.2
ALOK INDUSTRIES LTD-18,900.40-0.7614,275.1
VARDHMAN TEXTILES LTD8,562.771.5913,599.9
ARVIND LTD3,344.492.428,090.9
GARWARE TECHNICAL FIBRES LTD1,016.406.396,498.5
JINDAL WORLDWIDE LTD649.9810.086,550.0

Textile Industry Benchmark (Top 10) PB Analysis vs SHAHLON SILK INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.76x
Max industry PB 28.79x
Median industry PB 6.39x
Average industry PB 7.84x



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