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SOMA TEXTILES & INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of SOMA TEXTILES & INDUSTRIES is 1.53.

Share Price ₹34.9May 18,2024
Market Cap ₹115.0 Cr
Book Value₹75.1 CrMar2023 - Consolidated Results
Price/Book 1.53xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SOMA TEXTILES & 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 SOMA TEXTILES & INDUSTRIES is calculated as :

Current Market Cap [ ₹115.0 Cr] as on May 18,2024

(/) Book Value [ ₹75.1 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.53x ]

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

Thus, for SOMA TEXTILES & INDUSTRIES , the investors are currently willing to pay '1.53 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 SOMA TEXTILES & INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of SOMA TEXTILES & INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of SOMA TEXTILES & INDUSTRIES


PB Ratio Performance Analysis for SOMA TEXTILES & INDUSTRIES

- SOMA TEXTILES & INDUSTRIES 's latest p/b ratio is 1.53x.

- SOMA TEXTILES & INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.10x.

- SOMA TEXTILES & INDUSTRIES 's operated at median p/b ratio of -0.27x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SOMA TEXTILES & INDUSTRIES 's p/b ratio peaked in Mar2023 at 1.62x.

- SOMA TEXTILES & INDUSTRIES 's p/b ratio hit its five-year low in Mar2019 of -0.4x.


How does SOMA TEXTILES & INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
SOMA TEXTILES & INDUSTRIES 75.151.53115.0
PAGE INDUSTRIES LTD1,371.0529.1239,925.7
KPR MILL LTD4,358.236.5528,536.3
VEDANT FASHIONS LTD1,601.8815.5624,923.6
SWAN ENERGY LTD2,283.688.2418,807.4
WELSPUN LIVING LTD4,515.813.1314,125.2
ALOK INDUSTRIES LTD-19,775.90-0.6713,237.3
VARDHMAN TEXTILES LTD9,100.131.4713,365.7
ARVIND LTD3,542.752.799,900.1
GARWARE TECHNICAL FIBRES LTD1,016.406.306,408.1
JINDAL WORLDWIDE LTD649.9810.917,091.4

Textile Industry Benchmark (Top 10) PB Analysis vs SOMA TEXTILES & INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.67x
Max industry PB 29.12x
Median industry PB 6.30x
Average industry PB 7.72x



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