SHIVA TEXYARN
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The Current P/B Ratio of SHIVA TEXYARN is 2.02.
| Share Price | ₹191.1 | May 13,2025 |
| Market Cap | ₹248.4 Cr | |
| Book Value | ₹123.2 Cr | Mar2024 - Consolidated Results |
| Price/Book | 2.02x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of SHIVA TEXYARN
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
Current Market Cap [ ₹248.4 Cr] as on May 13,2025
(/) Book Value [ ₹123.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.02x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for SHIVA TEXYARN , the investors are currently willing to pay '2.02 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 SHIVA TEXYARN !
The chart below summarizes the trend in P/B Ratio of SHIVA TEXYARN over the last five years.
Thus, for SHIVA TEXYARN , the investors are currently willing to pay '2.02 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 SHIVA TEXYARN !
The chart below summarizes the trend in P/B Ratio of SHIVA TEXYARN over the last five years.
Historical PB (Price/Book ) ratio chart of SHIVA TEXYARN
PB Ratio Performance Analysis for SHIVA TEXYARN
- SHIVA TEXYARN 's latest p/b ratio is 2.02x.
- SHIVA TEXYARN 's p/b ratio for fiscal years ending Mar2024 to Mar2016 averaged 2.48x.
- SHIVA TEXYARN 's operated at median p/b ratio of 1.51x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, SHIVA TEXYARN 's p/b ratio peaked in Mar2017 at 4.53x.
- SHIVA TEXYARN 's p/b ratio hit its five-year low in Mar2016 of 1.41x.
- SHIVA TEXYARN 's p/b ratio for fiscal years ending Mar2024 to Mar2016 averaged 2.48x.
- SHIVA TEXYARN 's operated at median p/b ratio of 1.51x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, SHIVA TEXYARN 's p/b ratio peaked in Mar2017 at 4.53x.
- SHIVA TEXYARN 's p/b ratio hit its five-year low in Mar2016 of 1.41x.
How does SHIVA TEXYARN 's P/B Ratio benchmark against top 10 peers in Textile - Spinning Industry?
| Peer Comparison (Textile - Spinning Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| SHIVA TEXYARN | 123.18 | 2.02 | 248.4 |
| TRIDENT LTD | 4,314.15 | 3.35 | 14,452.1 |
| SANATHAN TEXTILES LTD | 1,272.93 | 3.02 | 3,843.8 |
| NITIN SPINNERS LTD | 1,311.20 | 1.66 | 2,181.3 |
| FILATEX INDIA LTD | 1,331.05 | 1.56 | 2,072.8 |
| JAYBHARAT TEXTILES & REAL ESTATE LTD | -458.84 | -2.07 | 949.4 |
| AMBIKA COTTON MILLS LTD | 858.89 | 0.95 | 815.8 |
| RAJAPALAYAM MILLS LTD | 2,301.63 | 0.37 | 850.9 |
| NAHAR SPINNING MILLS LTD | 1,481.18 | 0.63 | 932.1 |
| SUTLEJ TEXTILES AND INDUSTRIES LTD | 894.79 | 0.74 | 658.8 |
| PRECOT LTD | 418.21 | 1.36 | 570.3 |
Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs SHIVA TEXYARN 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | -2.07x |
| Max industry PB | 3.35x |
| Median industry PB | 1.36x |
| Average industry PB | 1.24x |
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