Alstone Textiles (India) (BOM:539277) PB Ratio : 0.61 (As of May. 25, 2024)

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What is Alstone Textiles (India) 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), Alstone Textiles (India)'s share price is ₹0.72. Alstone Textiles (India)'s Book Value per Share for the quarter that ended in Dec. 2023 was ₹1.18. Hence, Alstone Textiles (India)'s PB Ratio of today is 0.61.

The historical rank and industry rank for Alstone Textiles (India)'s PB Ratio or its related term are showing as below:

BOM:539277' s PB Ratio Range Over the Past 10 Years
Min: 0.52 Med: 0.64 Max: 2.87
Current: 0.61

During the past 10 years, Alstone Textiles (India)'s highest PB Ratio was 2.87. The lowest was 0.52. And the median was 0.64.

BOM:539277's PB Ratio is ranked better than
79.9% of 1010 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.24 vs BOM:539277: 0.61

During the past 12 months, Alstone Textiles (India)'s average Book Value Per Share Growth Rate was 13.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.50% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Alstone Textiles (India) was 6.10% per year. The lowest was -0.10% per year. And the median was -0.10% per year.

Back to Basics: PB Ratio

Alstone Textiles (India) PB Ratio Historical Data

The historical data trend for Alstone Textiles (India)'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.

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Alstone Textiles (India) PB Ratio Chart

Alstone Textiles (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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0.64

Alstone Textiles (India) 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															-	0.64	-	0.54	-

Competitive Comparison of Alstone Textiles (India)'s PB Ratio

For the Textile Manufacturing subindustry, Alstone Textiles (India)'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.

Alstone Textiles (India)'s PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Alstone Textiles (India)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Alstone Textiles (India)'s PB Ratio falls into.

Alstone Textiles (India) 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.

Alstone Textiles (India)'s PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.72	/	1.183
	=	0.61

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.

Alstone Textiles (India) (BOM:539277) 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.

Alstone Textiles (India) PB Ratio Related Terms

Thank you for viewing the detailed overview of Alstone Textiles (India)'s PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Alstone Textiles (India) (BOM:539277) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Alstone Textiles (India) Ltd (BOM:539277) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

47/18, Basement, Rajendra Place Metro Station, New Delhi, IND, 110060

Website

http://www.alstonetextiles.in

Alstone Textiles (India) Ltd is an India based company. It is engaged in supplying and trading. The company also focuses on third-party product distributions to originating unsecured personal loans and corporate loans. The company's business activity falls within single business segment viz. Finance Activity. The fabric line of the company consists of cotton, woolen, art silk, natural silk, readymade garments, hosiery, synthetics fiber and fabric, and mixed fabrics.

Alstone Textiles (India) (BOM:539277) Headlines

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