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TITAN INTECH
PB (Price/Book ) Ratio

The Current P/B Ratio of TITAN INTECH is 16.97.

Share Price ₹69.6May 18,2024
Market Cap ₹164.3 Cr
Book Value₹9.7 CrMar2023 - Standalone Results
Price/Book 16.97xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TITAN INTECH

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 TITAN INTECH is calculated as :

Current Market Cap [ ₹164.3 Cr] as on May 18,2024

(/) Book Value [ ₹9.7 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 16.97x ]

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

Thus, for TITAN INTECH , the investors are currently willing to pay '16.97 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 TITAN INTECH !

The chart below summarizes the trend in P/B Ratio of TITAN INTECH over the last five years.

Historical PB (Price/Book ) ratio chart of TITAN INTECH


PB Ratio Performance Analysis for TITAN INTECH

- TITAN INTECH 's latest p/b ratio is 16.97x.

- TITAN INTECH 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.47x.

- TITAN INTECH 's operated at median p/b ratio of 2.03x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TITAN INTECH 's p/b ratio peaked in Mar2021 at 5.12x.

- TITAN INTECH 's p/b ratio hit its five-year low in Mar2020 of 1.26x.


How does TITAN INTECH 's P/B Ratio benchmark against top 10 peers in Textile Industry?

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
TITAN INTECH 9.6816.97164.3
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 TITAN INTECH 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.67x
Max industry PB 29.12x
Median industry PB 6.55x
Average industry PB 9.12x



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