SIYARAM SILK MILLS
|
The Current P/B Ratio of SIYARAM SILK MILLS is 1.84.
Share Price | ₹460.6 | May 06,2024 |
Market Cap | ₹2,090.9 Cr | |
Book Value | ₹1,136.9 Cr | Mar2023 - Consolidated Results |
Price/Book | 1.84x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SIYARAM SILK MILLS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,090.9 Cr] as on May 06,2024
(/) Book Value [ ₹1,136.9 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.84x ]
Thus, for SIYARAM SILK MILLS , the investors are currently willing to pay '1.84 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 SIYARAM SILK MILLS !
The chart below summarizes the trend in P/B Ratio of SIYARAM SILK MILLS over the last five years.
Historical PB (Price/Book ) ratio chart of SIYARAM SILK MILLS
PB Ratio Performance Analysis for SIYARAM SILK MILLS
- SIYARAM SILK MILLS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.72x.
- SIYARAM SILK MILLS 's operated at median p/b ratio of 1.72x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SIYARAM SILK MILLS 's p/b ratio peaked in Mar2019 at 2.77x.
- SIYARAM SILK MILLS 's p/b ratio hit its five-year low in Mar2020 of 0.86x.
How does SIYARAM SILK MILLS 's P/B Ratio benchmark against top 10 peers in Textile - Weaving Industry?
Peer Comparison (Textile - Weaving Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SIYARAM SILK MILLS | 1,136.89 | 1.84 | 2,090.9 |
RAYMOND LTD | 4,617.34 | 3.16 | 14,604.6 |
MANOMAY TEX INDIA LTD | 115.94 | 2.91 | 337.6 |
VTM LTD | 245.21 | 1.11 | 272.7 |
UNITED POLYFAB GUJARAT LTD | 60.59 | 3.65 | 221.4 |
DIGJAM LTD | 28.07 | 6.27 | 176.0 |
BSL LTD | 104.07 | 1.76 | 183.2 |
AI CHAMPDANY INDUSTRIES LTD | 78.02 | 2.04 | 159.3 |
JASCH INDUSTRIES LTD | 109.88 | 1.38 | 151.4 |
Textile - Weaving Industry Benchmark (Top 10) PB Analysis vs SIYARAM SILK MILLS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.11x |
Max industry PB | 6.27x |
Median industry PB | 2.04x |
Average industry PB | 2.68x |
You may also like the below Video Courses