TRIDENT
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The Current P/B Ratio of TRIDENT is 3.13.
Share Price | ₹26.5 | Apr 30,2025 |
Market Cap | ₹13,504.4 Cr | |
Book Value | ₹4,314.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.13x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TRIDENT
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹13,504.4 Cr] as on Apr 30,2025
(/) Book Value [ ₹4,314.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.13x ]
Thus, for TRIDENT , the investors are currently willing to pay '3.13 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 TRIDENT !
The chart below summarizes the trend in P/B Ratio of TRIDENT over the last five years.
Historical PB (Price/Book ) ratio chart of TRIDENT
PB Ratio Performance Analysis for TRIDENT
- TRIDENT 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.52x.
- TRIDENT 's operated at median p/b ratio of 3.4x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TRIDENT 's p/b ratio peaked in Mar2022 at 7.04x.
- TRIDENT 's p/b ratio hit its five-year low in Mar2020 of 0.7x.
How does TRIDENT 's P/B Ratio benchmark against top 10 peers in Textile - Spinning Industry?
Peer Comparison (Textile - Spinning Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TRIDENT | 4,314.15 | 3.13 | 13,504.4 |
SANATHAN TEXTILES LTD | 1,272.93 | 2.77 | 3,531.0 |
NITIN SPINNERS LTD | 1,146.33 | 1.73 | 1,978.7 |
FILATEX INDIA LTD | 1,331.05 | 1.42 | 1,888.6 |
JAYBHARAT TEXTILES & REAL ESTATE LTD | -458.84 | -2.11 | 967.4 |
AMBIKA COTTON MILLS LTD | 858.89 | 0.90 | 769.0 |
RAJAPALAYAM MILLS LTD | 2,301.63 | 0.37 | 852.2 |
NAHAR SPINNING MILLS LTD | 1,481.18 | 0.52 | 772.9 |
SUTLEJ TEXTILES AND INDUSTRIES LTD | 961.10 | 0.63 | 609.6 |
PRECOT LTD | 418.21 | 1.21 | 504.2 |
NAHAR INDUSTRIAL ENTERPRISES LTD | 970.54 | 0.43 | 419.5 |
Textile - Spinning Industry Benchmark (Top 10) PB Analysis vs TRIDENT 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -2.11x |
Max industry PB | 3.13x |
Median industry PB | 0.90x |
Average industry PB | 1.00x |
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