VTM
|
The Current P/B Ratio of VTM is 1.11.
Share Price | ₹67.9 | Apr 26,2024 |
Market Cap | ₹272.8 Cr | |
Book Value | ₹245.2 Cr | Mar2023 - Standalone Results |
Price/Book | 1.11x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of VTM
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
VTM | 245.21 | 1.11 | 272.8 |
RAYMOND LTD | 2,897.15 | 4.84 | 14,025.4 |
SIYARAM SILK MILLS LTD | 1,136.89 | 1.89 | 2,146.0 |
MANOMAY TEX INDIA LTD | 115.94 | 3.13 | 362.7 |
UNITED POLYFAB GUJARAT LTD | 60.59 | 3.71 | 225.0 |
DIGJAM LTD | 28.07 | 6.24 | 175.2 |
BSL LTD | 104.07 | 1.85 | 192.3 |
AI CHAMPDANY INDUSTRIES LTD | 78.02 | 2.08 | 162.7 |
JASCH INDUSTRIES LTD | 109.88 | 1.24 | 136.2 |
Textile - Weaving Industry Benchmark (Top 10) PB Analysis vs VTM 's P/B Ratio
Top 10 Industry Peers | PB 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