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VEDANT FASHIONS
PB (Price/Book ) Ratio

The Current P/B Ratio of VEDANT FASHIONS is 16.05.

Share Price ₹920.0Apr 19,2024
Market Cap ₹22,346.8 Cr
Book Value₹1,392.2 CrMar2023 - Consolidated Results
Price/Book 16.05xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of VEDANT FASHIONS

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 VEDANT FASHIONS is calculated as :

Current Market Cap [ ₹22,346.8 Cr] as on Apr 19,2024

(/) Book Value [ ₹1,392.2 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 16.05x ]

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

Thus, for VEDANT FASHIONS , the investors are currently willing to pay '16.05 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 VEDANT FASHIONS !

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

Historical PB (Price/Book ) ratio chart of VEDANT FASHIONS


PB Ratio Performance Analysis for VEDANT FASHIONS

- VEDANT FASHIONS 's latest p/b ratio is 16.05x.

- VEDANT FASHIONS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.32x.

- VEDANT FASHIONS 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VEDANT FASHIONS 's p/b ratio peaked in Mar2022 at 21.73x.

- VEDANT FASHIONS 's p/b ratio hit its five-year low in Mar2021 of 0x.


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

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
VEDANT FASHIONS 1,392.2216.0522,346.8
PAGE INDUSTRIES LTD1,371.0528.7639,435.5
KPR MILL LTD3,706.697.7828,840.6
SWAN ENERGY LTD2,283.688.4719,341.9
WELSPUN LIVING LTD4,083.443.4814,212.7
ALOK INDUSTRIES LTD-18,900.40-0.7313,803.4
VARDHMAN TEXTILES LTD8,562.771.5513,258.7
ARVIND LTD3,344.492.408,015.1
GARWARE TECHNICAL FIBRES LTD1,016.406.336,436.8
JINDAL WORLDWIDE LTD649.9810.086,553.0
INDO COUNT INDUSTRIES LTD1,792.704.137,412.2

Textile Industry Benchmark (Top 10) PB Analysis vs VEDANT FASHIONS 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.73x
Max industry PB 28.76x
Median industry PB 6.33x
Average industry PB 8.03x



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