WEIZMANN
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The Current P/B Ratio of WEIZMANN is 2.72.
Share Price | ₹110.9 | Mar 28,2024 |
Market Cap | ₹176.3 Cr | |
Book Value | ₹64.7 Cr | Mar2023 - Consolidated Results |
Price/Book | 2.72x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of WEIZMANN
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹176.3 Cr] as on Mar 28,2024
(/) Book Value [ ₹64.7 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 2.72x ]
Thus, for WEIZMANN , the investors are currently willing to pay '2.72 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 WEIZMANN !
The chart below summarizes the trend in P/B Ratio of WEIZMANN over the last five years.
Historical PB (Price/Book ) ratio chart of WEIZMANN
PB Ratio Performance Analysis for WEIZMANN
- WEIZMANN 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.15x.
- WEIZMANN 's operated at median p/b ratio of 1x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, WEIZMANN 's p/b ratio peaked in Mar2023 at 2.01x.
- WEIZMANN 's p/b ratio hit its five-year low in Mar2020 of 0.6x.
How does WEIZMANN 's P/B Ratio benchmark against top 10 peers in Textile Industry?
Peer Comparison (Textile Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
WEIZMANN | 64.73 | 2.72 | 176.3 |
PAGE INDUSTRIES LTD | 1,371.05 | 28.01 | 38,400.5 |
KPR MILL LTD | 3,706.69 | 7.68 | 28,459.4 |
VEDANT FASHIONS LTD | 1,392.22 | 16.19 | 22,546.8 |
SWAN ENERGY LTD | 2,283.68 | 9.19 | 20,978.1 |
WELSPUN LIVING LTD | 4,083.44 | 3.28 | 13,376.9 |
ALOK INDUSTRIES LTD | -18,900.40 | -0.68 | 12,785.5 |
VARDHMAN TEXTILES LTD | 8,562.77 | 1.50 | 12,827.8 |
ARVIND LTD | 3,344.49 | 2.11 | 7,068.0 |
GARWARE TECHNICAL FIBRES LTD | 1,016.40 | 6.66 | 6,772.2 |
JINDAL WORLDWIDE LTD | 649.98 | 9.59 | 6,234.2 |
Textile Industry Benchmark (Top 10) PB Analysis vs WEIZMANN 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.68x |
Max industry PB | 28.01x |
Median industry PB | 6.66x |
Average industry PB | 7.84x |
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