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SIYARAM SILK MILLS
PB (Price/Book ) Ratio

The Current P/B Ratio of SIYARAM SILK MILLS is 1.84.

Share Price ₹460.6May 06,2024
Market Cap ₹2,090.9 Cr
Book Value₹1,136.9 CrMar2023 - Consolidated Results
Price/Book 1.84xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SIYARAM SILK MILLS

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 SIYARAM SILK MILLS is calculated as :

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 ]

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

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 latest p/b ratio is 1.84x.

- 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 ValuePB RatioMarket Cap
SIYARAM SILK MILLS 1,136.891.842,090.9
RAYMOND LTD4,617.343.1614,604.6
MANOMAY TEX INDIA LTD115.942.91337.6
VTM LTD245.211.11272.7
UNITED POLYFAB GUJARAT LTD60.593.65221.4
DIGJAM LTD28.076.27176.0
BSL LTD104.071.76183.2
AI CHAMPDANY INDUSTRIES LTD78.022.04159.3
JASCH INDUSTRIES LTD109.881.38151.4

Textile - Weaving Industry Benchmark (Top 10) PB Analysis vs SIYARAM SILK MILLS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.11x
Max industry PB 6.27x
Median industry PB 2.04x
Average industry PB 2.68x



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