SHAHLON SILK INDUSTRIES
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The Current P/B Ratio of SHAHLON SILK INDUSTRIES is 2.31.
Share Price | ₹25.6 | Apr 18,2024 |
Market Cap | ₹228.5 Cr | |
Book Value | ₹98.9 Cr | Mar2023 - Standalone Results |
Price/Book | 2.31x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SHAHLON SILK INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
SHAHLON SILK INDUSTRIES | 98.88 | 2.31 | 228.5 |
PAGE INDUSTRIES LTD | 1,371.05 | 28.79 | 39,467.5 |
KPR MILL LTD | 3,706.69 | 7.66 | 28,409.9 |
VEDANT FASHIONS LTD | 1,392.22 | 15.75 | 21,931.2 |
SWAN ENERGY LTD | 2,283.68 | 8.47 | 19,346.6 |
WELSPUN LIVING LTD | 4,083.44 | 3.50 | 14,300.2 |
ALOK INDUSTRIES LTD | -18,900.40 | -0.76 | 14,275.1 |
VARDHMAN TEXTILES LTD | 8,562.77 | 1.59 | 13,599.9 |
ARVIND LTD | 3,344.49 | 2.42 | 8,090.9 |
GARWARE TECHNICAL FIBRES LTD | 1,016.40 | 6.39 | 6,498.5 |
JINDAL WORLDWIDE LTD | 649.98 | 10.08 | 6,550.0 |
Textile Industry Benchmark (Top 10) PB Analysis vs SHAHLON SILK INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB 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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