Vippy Spinpro (BOM:514302) PB Ratio : 1.09 (As of Jun. 05, 2024)

View and export this data going back to 2001. Start your Free Trial

What is Vippy Spinpro 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 (2024-06-05), Vippy Spinpro's share price is ₹141.40. Vippy Spinpro's Book Value per Share for the quarter that ended in Mar. 2024 was ₹129.55. Hence, Vippy Spinpro's PB Ratio of today is 1.09.

Good Sign:

Vippy Spinpro Ltd stock PB Ratio (=1.21) is close to 1-year low of 1.14

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

BOM:514302' s PB Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.6 Max: 1.59
Current: 1.21

During the past 13 years, Vippy Spinpro's highest PB Ratio was 1.59. The lowest was 0.20. And the median was 0.60.

BOM:514302's PB Ratio is ranked better than
50.6% of 1004 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.22 vs BOM:514302: 1.21

During the past 12 months, Vippy Spinpro's average Book Value Per Share Growth Rate was 6.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Vippy Spinpro was 17.40% per year. The lowest was 10.20% per year. And the median was 14.30% per year.

Back to Basics: PB Ratio

Vippy Spinpro PB Ratio Historical Data

The historical data trend for Vippy Spinpro'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.

Vippy Spinpro PB Ratio Chart

Vippy Spinpro Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

Get a 7-Day Free Trial

0.47

0.56

1.10

1.42

1.08

Vippy Spinpro Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															1.42	-	1.16	-	1.08

Competitive Comparison of Vippy Spinpro's PB Ratio

For the Textile Manufacturing subindustry, Vippy Spinpro'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.

Vippy Spinpro's PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Vippy Spinpro's PB Ratio falls into.

Vippy Spinpro 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.

Vippy Spinpro's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	141.40	/	129.552
	=	1.09

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.

Vippy Spinpro (BOM:514302) 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.

Vippy Spinpro PB Ratio Related Terms

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

Vippy Spinpro (BOM:514302) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vippy Spinpro Ltd (BOM:514302) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

570, M.G. Road, 414, City Centre, Indore, MP, IND, 452001

Website

https://www.vippyspinpro.com

Vippy Spinpro Ltd is engaged in the manufacturing of cotton yarn. The company specializes in slub yarns, fancy yarns, multi-count yarns, and multi twist yarns, waxed yarn plied yarn, and others. Its products are used in applications such as terry towels, bottom-weight, home furnishing, Bed linen, knitting, surgical cloth, artistic canvas, industrial fabric, sheeting, and Home textiles. It is also engaged in the generation of power through Wind Mill and Solar Panels for captive consumption.

Vippy Spinpro (BOM:514302) Headlines

No Headlines