AKM Creations (BOM:540718) PB Ratio : 3.35 (As of May. 23, 2024)

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What is AKM Creations 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 (2024-05-23), AKM Creations's share price is ₹111.30. AKM Creations's Book Value per Share for the quarter that ended in Sep. 2023 was ₹33.21. Hence, AKM Creations's PB Ratio of today is 3.35.

Warning Sign:

AKM Creations Ltd stock PB Ratio (=3.37) is close to 10-year high of 3.44

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

BOM:540718' s PB Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.95 Max: 3.44
Current: 3.35

During the past 11 years, AKM Creations's highest PB Ratio was 3.44. The lowest was 0.47. And the median was 0.95.

BOM:540718's PB Ratio is ranked worse than
83.55% of 1009 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.25 vs BOM:540718: 3.35

During the past 12 months, AKM Creations's average Book Value Per Share Growth Rate was 38.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 18.60% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of AKM Creations was 42.40% per year. The lowest was -2.90% per year. And the median was 12.60% per year.

Back to Basics: PB Ratio

AKM Creations PB Ratio Historical Data

The historical data trend for AKM Creations'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.

AKM Creations PB Ratio Chart

AKM Creations Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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0.75

0.61

0.68

1.20

1.84

AKM Creations Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial														0.97	1.20	1.41	1.84	1.23

Competitive Comparison of AKM Creations's PB Ratio

For the Textile Manufacturing subindustry, AKM Creations'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.

AKM Creations's PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where AKM Creations's PB Ratio falls into.

AKM Creations 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.

AKM Creations's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	111.30	/	33.206
	=	3.35

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.

AKM Creations (BOM:540718) 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.

AKM Creations PB Ratio Related Terms

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

AKM Creations (BOM:540718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » AKM Creations Ltd (BOM:540718) » Definitions » PB Ratio

Traded in Other Exchanges

N/A

Address

Bhole Nath Nagar, C-110, Ground Floor, Shahdhara, East Delhi, New Delhi, IND, 110032

Website

http://www.akmlace.com

AKM Creations Ltd formerly, AKM Lace & Embrotex Ltd is a manufacturer and dealer in all types of embrotex goods, laces, fabrics, clothing, and wearing apparel for personal, commercial, and industrial use. It also supplies customized lace and embroidered work items. The company offers services such as Mirror lace, Needle cut work laces, Zari border, Stitching lace, Jhalar lace, and Crochet lace, among others.

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