Home > PB Ratio > VTM

VTM
PB (Price/Book ) Ratio

The Current P/B Ratio of VTM is 1.11.

Share Price ₹67.9Apr 26,2024
Market Cap ₹272.8 Cr
Book Value₹245.2 CrMar2023 - Standalone Results
Price/Book 1.11xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for VTM
Please provide your vote to see the results

Definition & Calculation of PB (Price/Book ) ratio of VTM

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 VTM is calculated as :

Current Market Cap [ ₹272.8 Cr] as on Apr 26,2024

(/) Book Value [ ₹245.2 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 1.11x ]

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

Thus, for VTM , the investors are currently willing to pay '1.11 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 VTM !

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

Historical PB (Price/Book ) ratio chart of VTM


PB Ratio Performance Analysis for VTM

- VTM 's latest p/b ratio is 1.11x.

- VTM 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.56x.

- VTM 's operated at median p/b ratio of 0.54x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, VTM 's p/b ratio peaked in Mar2023 at 0.75x.

- VTM 's p/b ratio hit its five-year low in Mar2020 of 0.38x.


How does VTM 's P/B Ratio benchmark against top 10 peers in Textile - Weaving Industry?

Peer Comparison (Textile - Weaving Industry)Book ValuePB RatioMarket Cap
VTM 245.211.11272.8
RAYMOND LTD2,897.154.8414,025.4
SIYARAM SILK MILLS LTD1,136.891.892,146.0
MANOMAY TEX INDIA LTD115.943.13362.7
UNITED POLYFAB GUJARAT LTD60.593.71225.0
DIGJAM LTD28.076.24175.2
BSL LTD104.071.85192.3
AI CHAMPDANY INDUSTRIES LTD78.022.08162.7
JASCH INDUSTRIES LTD109.881.24136.2

Textile - Weaving Industry Benchmark (Top 10) PB Analysis vs VTM 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.11x
Max industry PB 6.24x
Median industry PB 2.08x
Average industry PB 2.90x



You may also like the below Video Courses