THE RUBY MILLS
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The Current P/B Ratio of THE RUBY MILLS is 1.21.
Share Price | ₹202.9 | Apr 25,2024 |
Market Cap | ₹677.5 Cr | |
Book Value | ₹559.7 Cr | Mar2023 - Standalone Results |
Price/Book | 1.21x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of THE RUBY MILLS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹677.5 Cr] as on Apr 25,2024
(/) Book Value [ ₹559.7 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 1.21x ]
Thus, for THE RUBY MILLS , the investors are currently willing to pay '1.21 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 THE RUBY MILLS !
The chart below summarizes the trend in P/B Ratio of THE RUBY MILLS over the last five years.
Historical PB (Price/Book ) ratio chart of THE RUBY MILLS
PB Ratio Performance Analysis for THE RUBY MILLS
- THE RUBY MILLS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.79x.
- THE RUBY MILLS 's operated at median p/b ratio of 0.89x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, THE RUBY MILLS 's p/b ratio peaked in Mar2019 at 1.05x.
- THE RUBY MILLS 's p/b ratio hit its five-year low in Mar2020 of 0.44x.
How does THE RUBY MILLS 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
THE RUBY MILLS | 559.67 | 1.21 | 677.5 |
PAGE INDUSTRIES LTD | 1,371.05 | 28.91 | 39,641.6 |
KPR MILL LTD | 3,706.69 | 8.00 | 29,652.4 |
VEDANT FASHIONS LTD | 1,392.22 | 16.16 | 22,497.0 |
SWAN ENERGY LTD | 2,283.68 | 8.46 | 19,330.9 |
WELSPUN LIVING LTD | 4,515.81 | 3.34 | 15,087.3 |
ALOK INDUSTRIES LTD | -19,775.90 | -0.69 | 13,699.1 |
VARDHMAN TEXTILES LTD | 8,562.77 | 1.56 | 13,326.6 |
ARVIND LTD | 3,344.49 | 2.51 | 8,403.6 |
GARWARE TECHNICAL FIBRES LTD | 1,016.40 | 6.40 | 6,504.1 |
JINDAL WORLDWIDE LTD | 649.98 | 10.32 | 6,709.4 |
Textile Industry Benchmark (Top 10) PB Analysis vs THE RUBY MILLS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.69x |
Max industry PB | 28.91x |
Median industry PB | 6.40x |
Average industry PB | 7.84x |
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