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Binayak Tex Processors (BOM:523054) PB Ratio : 0.86 (As of Jun. 05, 2024)


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What is Binayak Tex Processors 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), Binayak Tex Processors's share price is ₹1080.00. Binayak Tex Processors's Book Value per Share for the quarter that ended in Dec. 2023 was ₹1,252.51. Hence, Binayak Tex Processors's PB Ratio of today is 0.86.

The historical rank and industry rank for Binayak Tex Processors's PB Ratio or its related term are showing as below:

BOM:523054' s PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.54   Max: 0.97
Current: 0.86

During the past 13 years, Binayak Tex Processors's highest PB Ratio was 0.97. The lowest was 0.31. And the median was 0.54.

BOM:523054's PB Ratio is ranked better than
66.04% of 1004 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.22 vs BOM:523054: 0.86

During the past 12 months, Binayak Tex Processors's average Book Value Per Share Growth Rate was 4.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Binayak Tex Processors was 10.80% per year. The lowest was 2.20% per year. And the median was 6.25% per year.

Back to Basics: PB Ratio


Binayak Tex Processors PB Ratio Historical Data

The historical data trend for Binayak Tex Processors'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.

Binayak Tex Processors PB Ratio Chart

Binayak Tex Processors 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 0.45 0.44 0.60 0.57 0.53

Binayak Tex Processors 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 - 0.53 - 0.67 -

Competitive Comparison of Binayak Tex Processors's PB Ratio

For the Textile Manufacturing subindustry, Binayak Tex Processors'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.


Binayak Tex Processors's PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Binayak Tex Processors's PB Ratio falls into.



Binayak Tex Processors 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.

Binayak Tex Processors's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1080.00/1252.507
=0.86

* 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.


Binayak Tex Processors  (BOM:523054) 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.


Binayak Tex Processors PB Ratio Related Terms

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


Binayak Tex Processors (BOM:523054) Business Description

Traded in Other Exchanges
N/A
Address
Kalbadevi Road, 5th Floor, 384-M, Dhabolkar Wadi, Mumbai, MH, IND, 400002
Binayak Tex Processors Ltd engaged in the manufacturing of textile fabrics. It operates through the Textile Business and Finance Business segments. The firm is also engaged in the business of manufacturing and processing of textile fabrics. Its products include prints, such as wax print, all-over print, reactive print, discharge print and single color dye, and home-textile, such as bed sets and quilts. The company offers bed sheets, towels, kitchen apron, curtains, pillows, and cushions. The company has two segments Textile business and Finance business segment.

Binayak Tex Processors (BOM:523054) Headlines

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