Aviva Industries (BOM:512109) PB Ratio : 1.16 (As of Jun. 05, 2024)

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What is Aviva 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 (2024-06-05), Aviva Industries's share price is ₹24.45. Aviva Industries's Book Value per Share for the quarter that ended in Dec. 2023 was ₹21.01. Hence, Aviva Industries's PB Ratio of today is 1.16.

Good Sign:

Aviva Industries Ltd stock PB Ratio (=1.16) is close to 2-year low of 1.16

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

BOM:512109' s PB Ratio Range Over the Past 10 Years
Min: 0.28 Med: 0.42 Max: 1.83
Current: 1.16

During the past 13 years, Aviva Industries's highest PB Ratio was 1.83. The lowest was 0.28. And the median was 0.42.

BOM:512109's PB Ratio is ranked better than
52.39% of 1004 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.22 vs BOM:512109: 1.16

During the past 12 months, Aviva Industries's average Book Value Per Share Growth Rate was 1.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -11.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Aviva Industries was 0.90% per year. The lowest was -11.20% per year. And the median was -0.30% per year.

Back to Basics: PB Ratio

Aviva Industries PB Ratio Historical Data

The historical data trend for Aviva 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.

Aviva Industries PB Ratio Chart

Aviva Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

Get a 7-Day Free Trial

0.40

0.41

0.37

1.07

1.50

Aviva Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															-	1.50	-	1.45	-

Competitive Comparison of Aviva Industries's PB Ratio

For the Textile Manufacturing subindustry, Aviva 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.

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

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

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

Aviva 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	24.45	/	21.007
	=	1.16

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Aviva Industries (BOM:512109) 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.

Aviva Industries PB Ratio Related Terms

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

Aviva Industries (BOM:512109) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Aviva Industries Ltd (BOM:512109) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

Near Thaltej Cross Road, S. G. Highway, C-3/1001, Anushruti Tower, Near Jain Temple, Opposite New York Tower, Ahmedabad, GJ, IND, 380054

Website

https://www.avivaindustries.com

Aviva Industries Ltd is engaged in manufacturing and trading of glass in primary and semi-manufactured forms. The company's core business of the company is the business of manufacturing and trading of Glass Mosaic and Glass mosaic products and constructions chemicals and products. It also trades in textile.

Aviva Industries (BOM:512109) Headlines

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