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Vardhman Textiles Ltd PB Ratio

Vardhman Textiles Ltd PB Ratio

stocks purchased

₹ 0.2 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

5.1 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Vardhman Textiles Ltd

NSE: VTL

PB

1.5

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Vardhman Textiles Ltd is 1.5 as of 07 Nov 24.
  • The P/B Ratio of Vardhman Textiles Ltd changed from 1.6 on March 2022 to 1.4 on March 2024 . This represents a CAGR of -4.35% over 3 years. .

Historical P/B Ratio of Vardhman Textiles Ltd

No data available

Company Fundamentals for Vardhman Textiles Ltd

Market Cap

13,998 Cr

EPS

27.5

P/E Ratio (TTM) *

17.6

P/B Ratio (TTM) *

1.5

Day’s High *

488.0

Day’s Low

472.5

DTE *

0.1

ROE *

8.4

52 Week High

592.25

52 Week Low

357.0

ROCE *

11.2

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Vardhman Textiles 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
07 Nov 2024484.1
06 Nov 2024477.85
05 Nov 2024475.85
04 Nov 2024471.6
01 Nov 2024472.35
31 Oct 2024470.45
30 Oct 2024457.05
29 Oct 2024437.95
28 Oct 2024433.45
25 Oct 2024427.6

SWOT Analysis Of Vardhman Textiles Ltd

Strength

4

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Vardhman Textiles Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Vardhman Textiles Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Vardhman Textiles Ltd113,998
Grasim Industries Ltd7911,72,288
Trident Ltd717,342
Welspun Living Ltd3815,797
Raymond Lifestyle Ltd38613,312
Alok Industries Ltd-3711,212

Key Valuation Metric of Vardhman Textiles Ltd

Share Price

₹484

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

Historical Market Cap of Vardhman Textiles Ltd

No data available

* All values are in crore

Historical Revenue of Vardhman Textiles Ltd

No data available

* All values are in crore

Historical EBITDA of Vardhman Textiles Ltd

No data available

* All values are in crore

Historical Net Profit of Vardhman Textiles Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Vardhman Textiles Ltd News Hub

News

Vardhman Textiles to conduct board meeting

Vardhman Textiles will hold a meeting of the Board of Directors of the Company on 30 Octob...

Read more

23 Oct 202416:16

News

Vardhman Textiles to hold AGM

Vardhman Textiles announced that the Annual General Meeting (AGM) of the company will be h...

Read more

31 Aug 202416:39

News

Vardhman Textiles to convene board meeting

Vardhman Textiles will hold a meeting of the Board of Directors of the Company on 30 July ...

Read more

24 Jul 202416:05

News

Board of Vardhman Textiles approves capex of Rs 2,000 cr for capacity addition and green power generation

The Board of Vardhman Textiles at its meeting held on 09 April 2024 has approved the enhan...

Read more

09 May 202415:25

News

Board of Vardhman Textiles recommends final dividend

Vardhman Textiles announced that the Board of Directors of the Company at its meeting held...

Read more

09 May 202414:56

News

Vardhman Textiles to table results

Vardhman Textiles will hold a meeting of the Board of Directors of the Company on 9 May 20...

Read more

03 May 202418:32

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FAQs for PB Ratio of Vardhman Textiles Ltd

What is the PB ratio of Vardhman Textiles Ltd?

The current PB ratio of Vardhman Textiles Ltd is 1.49. 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 Vardhman Textiles Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Vardhman Textiles 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 Vardhman Textiles Ltd calculated?

The PB ratio of Vardhman Textiles 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 Vardhman Textiles Ltd?

A high PB ratio suggests that Vardhman Textiles 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 Vardhman Textiles Ltd?

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

Can Vardhman Textiles Ltd PB Ratio change over time?

Yes, the PB ratio of Vardhman Textiles Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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