Polyspin Exports (BOM:539354) PB Ratio : 0.79 (As of May. 25, 2024)

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What is Polyspin Exports PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-25), Polyspin Exports's share price is ₹48.80. Polyspin Exports's Book Value per Share for the quarter that ended in Dec. 2023 was ₹61.49. Hence, Polyspin Exports's PB Ratio of today is 0.79.

Good Sign:

Polyspin Exports Ltd stock PB Ratio (=0.81) is close to 3-year low of 0.77

The historical rank and industry rank for Polyspin Exports's PB Ratio or its related term are showing as below:

BOM:539354' s PB Ratio Range Over the Past 10 Years
Min: 0.54 Med: 1.02 Max: 2.14
Current: 0.79

During the past 13 years, Polyspin Exports's highest PB Ratio was 2.14. The lowest was 0.54. And the median was 1.02.

BOM:539354's PB Ratio is ranked better than
72.75% of 378 companies
in the Packaging & Containers industry
Industry Median: 1.35 vs BOM:539354: 0.79

During the past 12 months, Polyspin Exports's average Book Value Per Share Growth Rate was 1.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 18.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 20.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Polyspin Exports was 23.30% per year. The lowest was 11.20% per year. And the median was 20.10% per year.

Back to Basics: PB Ratio

Polyspin Exports PB Ratio Historical Data

The historical data trend for Polyspin Exports's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Polyspin Exports PB Ratio Chart

Polyspin Exports Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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1.73

0.69

1.04

1.12

0.79

Polyspin Exports Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															-	0.79	-	0.80	-

Competitive Comparison of Polyspin Exports's PB Ratio

For the Packaging & Containers subindustry, Polyspin Exports's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Polyspin Exports's PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Polyspin Exports's PB Ratio distribution charts can be found below:

* The bar in red indicates where Polyspin Exports's PB Ratio falls into.

Polyspin Exports PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Polyspin Exports's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	48.80	/	61.491
	=	0.79

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Polyspin Exports (BOM:539354) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Polyspin Exports PB Ratio Related Terms

Thank you for viewing the detailed overview of Polyspin Exports's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Polyspin Exports (BOM:539354) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Polyspin Exports Ltd (BOM:539354) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Railway Feeder Road, Cholapuram South, Rajapalayam, TN, IND, 626139

Website

http://www.polyspin.org

Polyspin Exports Ltd is engaged in the manufacturing, selling, and export of polypropylene woven flexible intermediate bulk container bags. It offers products, such as Baffle/Q bags, Tubular coated bags, Asbestos plate bags, Normal u-panel bags, Container bags, Full discharge bags, One/two-loop bags, Single/double/triple sift-proof bags, UN certified bags, Under sling bags, and Circular bulk bags. The segments of the group are FIBC Bags, Fabric, Yarn, which is the prime revenue driver; and Cotton Yarn. The group sells its products in India and also exports it to the other countries.

Polyspin Exports (BOM:539354) Headlines

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