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PBM Polytex (BOM:514087) PB Ratio : 0.54 (As of May. 01, 2024)


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What is PBM Polytex 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 (2024-05-01), PBM Polytex's share price is ₹93.04. PBM Polytex's Book Value per Share for the quarter that ended in Dec. 2023 was ₹172.76. Hence, PBM Polytex's PB Ratio of today is 0.54.

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

BOM:514087' s PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.58   Max: 1.03
Current: 0.53

During the past 13 years, PBM Polytex's highest PB Ratio was 1.03. The lowest was 0.20. And the median was 0.58.

BOM:514087's PB Ratio is ranked better than
83.71% of 1007 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.25 vs BOM:514087: 0.53

During the past 12 months, PBM Polytex's average Book Value Per Share Growth Rate was -6.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PBM Polytex was 20.50% per year. The lowest was 0.60% per year. And the median was 7.85% per year.

Back to Basics: PB Ratio


PBM Polytex PB Ratio Historical Data

The historical data trend for PBM Polytex'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.

PBM Polytex PB Ratio Chart

PBM Polytex Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.20 0.35 0.73 0.50

PBM Polytex 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.50 - 0.59 -

Competitive Comparison of PBM Polytex's PB Ratio

For the Textile Manufacturing subindustry, PBM Polytex'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.


PBM Polytex's PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PBM Polytex's PB Ratio distribution charts can be found below:

* The bar in red indicates where PBM Polytex's PB Ratio falls into.



PBM Polytex 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.

PBM Polytex's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=93.04/172.759
=0.54

* 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.

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

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.


PBM Polytex  (BOM:514087) 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.


PBM Polytex PB Ratio Related Terms

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


PBM Polytex (BOM:514087) Business Description

Traded in Other Exchanges
N/A
Address
Productivity Road, Alkapuri, 8th Floor, Ramakrishna Chambers, Vadodara, GJ, IND, 390 007
PBM Polytex Ltd is a yarn manufacturing company. The company is engaged in the manufacturing and processing of cotton yarn and having two cotton spinning units one at Petlad (Gujarat) and another at Borgaon (Madhya Pradesh). It has also four Windmills generating electricity. The company offers raw cotton, such as Shankar 6, and imported varieties, such as Egyptian-Giza, Californian Acala SJV, USA Pima, Israel Pima, Peruvian PIMA, Sudan VS, Australian, Central American SJV, West African and Turkish. Its yarns are used in applications, such as knitting, weaving, gassing, and mercerizing.

PBM Polytex (BOM:514087) Headlines

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