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Oswal Yarns (BOM:514460) PB Ratio : 2.97 (As of May. 12, 2024)


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What is Oswal Yarns 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 (2024-05-12), Oswal Yarns's share price is ₹23.97. Oswal Yarns's Book Value per Share for the quarter that ended in Dec. 2023 was ₹8.07. Hence, Oswal Yarns's PB Ratio of today is 2.97.

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

BOM:514460' s PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.41   Max: 2.97
Current: 2.97

During the past 13 years, Oswal Yarns's highest PB Ratio was 2.97. The lowest was 0.14. And the median was 0.41.

BOM:514460's PB Ratio is ranked worse than
79.44% of 1007 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.24 vs BOM:514460: 2.97

During the past 3 years, the average Book Value Per Share Growth Rate was -2.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Oswal Yarns was -0.10% per year. The lowest was -2.80% per year. And the median was -1.35% per year.

Back to Basics: PB Ratio


Oswal Yarns PB Ratio Historical Data

The historical data trend for Oswal Yarns'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.

Oswal Yarns PB Ratio Chart

Oswal Yarns 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 0.32 0.52 0.42 0.88 0.82

Oswal Yarns Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.68 - 0.82 0.73 -

Competitive Comparison of Oswal Yarns's PB Ratio

For the Textile Manufacturing subindustry, Oswal Yarns'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.


Oswal Yarns's PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Oswal Yarns's PB Ratio falls into.



Oswal Yarns 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.

Oswal Yarns's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=23.97/8.066
=2.97

* 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.


Oswal Yarns  (BOM:514460) 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.


Oswal Yarns PB Ratio Related Terms

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


Oswal Yarns (BOM:514460) Business Description

Traded in Other Exchanges
N/A
Address
Link Road, Industrial Area - A, Oswal House, Ludhiana, PB, IND, 141 003
Oswal Yarns Ltd is an Indian-based company operating in the Textile industry. It is engaged in the manufacturing and trading of knitted clothes.

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