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WELSPUN LIVING
PB (Price/Book ) Ratio

The Current P/B Ratio of WELSPUN LIVING is 3.29.

Share Price ₹153.1Apr 26,2024
Market Cap ₹14,873.4 Cr
Book Value₹4,515.8 CrMar2024 - Consolidated Results
Price/Book 3.29xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of WELSPUN LIVING

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 WELSPUN LIVING is calculated as :

Current Market Cap [ ₹14,873.4 Cr] as on Apr 26,2024

(/) Book Value [ ₹4,515.8 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 3.29x ]

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

Thus, for WELSPUN LIVING , the investors are currently willing to pay '3.29 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 WELSPUN LIVING !

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

Historical PB (Price/Book ) ratio chart of WELSPUN LIVING


PB Ratio Performance Analysis for WELSPUN LIVING

- WELSPUN LIVING 's latest p/b ratio is 3.29x.

- WELSPUN LIVING 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.79x.

- WELSPUN LIVING 's operated at median p/b ratio of 2.16x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, WELSPUN LIVING 's p/b ratio peaked in Mar2022 at 2.26x.

- WELSPUN LIVING 's p/b ratio hit its five-year low in Mar2020 of 0.74x.


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

Peer Comparison (Textile Industry)Book ValuePB RatioMarket Cap
WELSPUN LIVING 4,515.813.2914,873.4
PAGE INDUSTRIES LTD1,371.0528.6639,290.4
KPR MILL LTD3,706.697.9729,551.5
VEDANT FASHIONS LTD1,392.2216.3322,732.6
SWAN ENERGY LTD2,283.688.4219,232.2
ALOK INDUSTRIES LTD-19,775.90-0.6913,674.3
VARDHMAN TEXTILES LTD8,562.771.5213,050.5
ARVIND LTD3,344.492.468,219.1
GARWARE TECHNICAL FIBRES LTD1,016.406.366,468.2
JINDAL WORLDWIDE LTD649.9810.386,746.5
INDO COUNT INDUSTRIES LTD1,792.704.397,862.8

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

Top 10 Industry PeersPB Ratio
Min industry PB -0.69x
Max industry PB 28.66x
Median industry PB 6.36x
Average industry PB 8.10x



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