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Gatron Industries (KAR:GATI) PB Ratio : 1.88 (As of May. 28, 2024)


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What is Gatron Industries 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 (2024-05-28), Gatron Industries's share price is ₨249.43. Gatron Industries's Book Value per Share for the quarter that ended in Mar. 2024 was ₨132.56. Hence, Gatron Industries's PB Ratio of today is 1.88.

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

KAR:GATI' s PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 1.48   Max: 3.89
Current: 1.91

During the past 8 years, Gatron Industries's highest PB Ratio was 3.89. The lowest was 0.39. And the median was 1.48.

KAR:GATI's PB Ratio is ranked worse than
66.07% of 1008 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.23 vs KAR:GATI: 1.91

During the past 12 months, Gatron Industries's average Book Value Per Share Growth Rate was 11.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.80% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Gatron Industries was 22.50% per year. The lowest was -9.90% per year. And the median was -7.80% per year.

Back to Basics: PB Ratio


Gatron Industries PB Ratio Historical Data

The historical data trend for Gatron Industries'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.

Gatron Industries PB Ratio Chart

Gatron Industries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial 0.89 1.68 2.37 1.59 1.80

Gatron Industries 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 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 1.01 1.80 1.72 2.16 1.43

Competitive Comparison of Gatron Industries's PB Ratio

For the Textile Manufacturing subindustry, Gatron Industries'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.


Gatron Industries's PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Gatron Industries's PB Ratio falls into.



Gatron Industries 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.

Gatron Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=249.43/132.555
=1.88

* 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.


Gatron Industries  (KAR:GATI) 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.


Gatron Industries PB Ratio Related Terms

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


Gatron Industries (KAR:GATI) Business Description

Traded in Other Exchanges
N/A
Address
Jinnah Road, 1st Floor, Ahmed Complex, Room No. 32, Quetta, PAK
Gatron Industries Ltd is involved in the manufacturing of Polyester Filament Yarn along with its raw material Yarn Grade Polyester Chips. The company also produces other varieties of Polyester Chips, Bottle Grade as well as PET Preforms. It operates in two segments: Polyester Filament Yarn and Polyester PET Preforms. Substantial revenue is generated from the Polyester Filament Yarn segment.

Gatron Industries (KAR:GATI) Headlines

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