Home

PB Ratio of Kitex Garments Ltd

Image

Kitex Garments Ltd

NSE: KITEX

PB Ratio

4

Last updated on: Jan 30, 2025

Key Highlights

  • The latest PB Ratio of Kitex Garments Ltd is 4.
  • The PB ratio of the Kitex Garments Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Kitex Garments Ltd changed from 0.9 on March 2020 to 1.3 on March 2024 . This represents a CAGR of 7.63% over 5 years.

Historical P/B Ratio of Kitex Garments Ltd

No data available

Company Fundamentals for Kitex Garments Ltd

Market Cap

3,816 Cr

EPS

5.0

P/E Ratio (TTM)

38.2

P/B Ratio (TTM)

4.0

Day’s High

201.35

Day’s Low

191.3

DTE

0.9

ROE

10.4

52 Week High

300.0

52 Week Low

58.93

ROCE

7.9

Market Price of Kitex Garments Ltd

1M

1Y

3Y

5Y

Monitoring Kitex Garments Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
30 Jan 2025191.3
29 Jan 2025201.35
28 Jan 2025194.95
27 Jan 2025205.2
24 Jan 2025215.95
23 Jan 2025227.3
22 Jan 2025235.3
21 Jan 2025247.65
20 Jan 2025256.35
17 Jan 2025244.15

SWOT Analysis Of Kitex Garments Ltd

Strength

2

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Kitex Garments Ltd

Asset Value vs Market Value of Kitex Garments Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Kitex Garments Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Kitex Garments Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

PB Ratio of Kitex Garments Ltd Explained

3816

Market cap

48

Book Value per Share

4.0X

PB Ratio

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

FAQs for PB Ratio of Kitex Garments Ltd

What is the PB ratio of Kitex Garments Ltd?

The current PB ratio of Kitex Garments Ltd is 3.98. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Kitex Garments Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Kitex Garments Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Kitex Garments Ltd calculated?

The PB ratio of Kitex Garments Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Kitex Garments Ltd?

A high PB ratio suggests that Kitex Garments Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Kitex Garments Ltd?

A low PB ratio of Kitex Garments Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Kitex Garments Ltd PB Ratio change over time?

Yes, the PB ratio of Kitex Garments Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

Join the

Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions