SURYALATA SPINNING MILLS
|
The Current P/B Ratio of SURYALATA SPINNING MILLS is 0.50.
Share Price | ₹289.7 | May 09,2025 |
Market Cap | ₹124.5 Cr | |
Book Value | ₹247.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 0.50x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SURYALATA SPINNING MILLS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹124.5 Cr] as on May 09,2025
(/) Book Value [ ₹247.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 0.50x ]
Thus, for SURYALATA SPINNING MILLS , the investors are currently willing to pay '0.50 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 SURYALATA SPINNING MILLS !
The chart below summarizes the trend in P/B Ratio of SURYALATA SPINNING MILLS over the last five years.
Historical PB (Price/Book ) ratio chart of SURYALATA SPINNING MILLS
PB Ratio Performance Analysis for SURYALATA SPINNING MILLS
- SURYALATA SPINNING MILLS 's p/b ratio for fiscal years ending Mar2024 to Mar2023 averaged 0.85x.
- SURYALATA SPINNING MILLS 's operated at median p/b ratio of 1.08x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, SURYALATA SPINNING MILLS 's p/b ratio peaked in Mar2023 at 1.08x.
- SURYALATA SPINNING MILLS 's p/b ratio hit its five-year low in Mar2024 of 0.61x.
How does SURYALATA SPINNING MILLS 's P/B Ratio benchmark against top 10 peers in Textile - Spinning Industry?
Peer Comparison (Textile - Spinning Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SURYALATA SPINNING MILLS | 247.48 | 0.50 | 124.5 |
TRIDENT LTD | 4,314.15 | 3.16 | 13,641.9 |
SANATHAN TEXTILES LTD | 1,272.93 | 2.77 | 3,528.1 |
NITIN SPINNERS LTD | 1,146.33 | 1.82 | 2,086.9 |
FILATEX INDIA LTD | 1,331.05 | 1.44 | 1,913.0 |
JAYBHARAT TEXTILES & REAL ESTATE LTD | -458.84 | -2.07 | 949.4 |
AMBIKA COTTON MILLS LTD | 858.89 | 0.92 | 793.5 |
RAJAPALAYAM MILLS LTD | 2,301.63 | 0.36 | 835.4 |
NAHAR SPINNING MILLS LTD | 1,481.18 | 0.60 | 884.3 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | 894.79 | 0.67 | 598.0 |
PRECOT LTD | 418.21 | 1.32 | 553.2 |
Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs SURYALATA SPINNING MILLS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -2.07x |
Max industry PB | 3.16x |
Median industry PB | 0.92x |
Average industry PB | 1.05x |
You may also like the below Video Courses