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Sree Jayalakshmi Autospin (BOM:530037) PB Ratio : 2.17 (As of May. 11, 2024)


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What is Sree Jayalakshmi Autospin 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 (2024-05-11), Sree Jayalakshmi Autospin's share price is ₹6.80. Sree Jayalakshmi Autospin's Book Value per Share for the quarter that ended in Dec. 2023 was ₹3.14. Hence, Sree Jayalakshmi Autospin's PB Ratio of today is 2.17.

The historical rank and industry rank for Sree Jayalakshmi Autospin's PB Ratio or its related term are showing as below:

BOM:530037' s PB Ratio Range Over the Past 10 Years
Min: 2.17   Med: 3.3   Max: 19.16
Current: 2.17

During the past 13 years, Sree Jayalakshmi Autospin's highest PB Ratio was 19.16. The lowest was 2.17. And the median was 3.30.

BOM:530037's PB Ratio is ranked worse than
71.2% of 1007 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.24 vs BOM:530037: 2.17

During the past 3 years, the average Book Value Per Share Growth Rate was -15.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -15.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sree Jayalakshmi Autospin was 0.30% per year. The lowest was -270.50% per year. And the median was -17.70% per year.

Back to Basics: PB Ratio


Sree Jayalakshmi Autospin PB Ratio Historical Data

The historical data trend for Sree Jayalakshmi Autospin'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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Sree Jayalakshmi Autospin PB Ratio Chart

Sree Jayalakshmi Autospin Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
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Sree Jayalakshmi Autospin 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 - - - - 1.24

Competitive Comparison of Sree Jayalakshmi Autospin's PB Ratio

For the Textile Manufacturing subindustry, Sree Jayalakshmi Autospin'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.


Sree Jayalakshmi Autospin's PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Sree Jayalakshmi Autospin's PB Ratio falls into.



Sree Jayalakshmi Autospin 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.

Sree Jayalakshmi Autospin's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=6.80/3.138
=2.17

* 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.


Sree Jayalakshmi Autospin  (BOM:530037) 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.


Sree Jayalakshmi Autospin PB Ratio Related Terms

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Sree Jayalakshmi Autospin (BOM:530037) Business Description

Traded in Other Exchanges
N/A
Address
Sanjana Davangere Road, Chitradurga, KA, IND, 577501
Sree Jayalakshmi Autospin Ltd is an India-based company engaged in the business of Cotton Trading, and Cotton Seeds. The main activities of the company are Ginning and Cotton Trading. Company has three segments Cotton Yarns, Cotton Lint, Others. The cotton is purchased from farmers from APMC yards and sold to spinning mills in South India and cotton seeds are sold to oil units in Karnataka and other states.

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