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SUTLEJ TEXTILES AND INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of SUTLEJ TEXTILES AND INDUSTRIES is 0.87.

Share Price ₹59.1Apr 26,2024
Market Cap ₹967.4 Cr
Book Value₹1,109.4 CrMar2023 - Consolidated Results
Price/Book 0.87xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of SUTLEJ TEXTILES AND 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 SUTLEJ TEXTILES AND INDUSTRIES is calculated as :

Current Market Cap [ ₹967.4 Cr] as on Apr 26,2024

(/) Book Value [ ₹1,109.4 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 0.87x ]

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

Thus, for SUTLEJ TEXTILES AND INDUSTRIES , the investors are currently willing to pay '0.87 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 SUTLEJ TEXTILES AND INDUSTRIES !

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

Historical PB (Price/Book ) ratio chart of SUTLEJ TEXTILES AND INDUSTRIES


PB Ratio Performance Analysis for SUTLEJ TEXTILES AND INDUSTRIES

- SUTLEJ TEXTILES AND INDUSTRIES 's latest p/b ratio is 0.87x.

- SUTLEJ TEXTILES AND INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.67x.

- SUTLEJ TEXTILES AND INDUSTRIES 's operated at median p/b ratio of 0.68x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SUTLEJ TEXTILES AND INDUSTRIES 's p/b ratio peaked in Mar2022 at 1.06x.

- SUTLEJ TEXTILES AND INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.33x.


How does SUTLEJ TEXTILES AND INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Textile - Spinning Industry?

Peer Comparison (Textile - Spinning Industry)Book ValuePB RatioMarket Cap
SUTLEJ TEXTILES AND INDUSTRIES 1,109.400.87967.4
TRIDENT LTD4,192.024.8420,281.9
FILATEX INDIA LTD1,098.372.562,809.2
NITIN SPINNERS LTD1,028.901.941,993.0
NAHAR SPINNING MILLS LTD1,553.890.661,029.5
AMBIKA COTTON MILLS LTD816.621.08880.1
RAJAPALAYAM MILLS LTD2,241.720.41914.0
NAHAR INDUSTRIAL ENTERPRISES LTD959.710.59562.5
SUPER SALES INDIA LTD434.361.24539.5
PRECOT LTD405.711.21491.9
MARAL OVERSEAS LTD140.992.22312.6

Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs SUTLEJ TEXTILES AND INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.41x
Max industry PB 4.84x
Median industry PB 1.21x
Average industry PB 1.60x



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