Garware Technical Fibres Ltd
NSE:GARFIBRES

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Garware Technical Fibres Ltd
NSE:GARFIBRES
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Price: 613.85 INR -0.43% Market Closed
Market Cap: ₹60.9B

P/B

4.7
Current
24%
Cheaper
vs 3-y average of 6.2

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
4.7
=
Market Cap
₹63.7B
/
Total Equity
₹13B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
4.7
=
Market Cap
₹63.7B
/
Total Equity
₹13B

Valuation Scenarios

Garware Technical Fibres Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (6.2), the stock would be worth ₹810.58 (32% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-49%
Maximum Upside
+38%
Average Downside
2%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 4.7 ₹613.85
0%
3-Year Average 6.2 ₹810.58
+32%
5-Year Average 6.4 ₹845.07
+38%
Industry Average 2.4 ₹315.74
-49%
Country Average 3.3 ₹425.99
-31%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in India
Percentile
63nd
Based on 2 820 companies
63nd percentile
4.7
Low
0 — 2.1
Typical Range
2.1 — 5.5
High
5.5 —
Distribution Statistics
India
Min 0
30th Percentile 2.1
Median 3.3
70th Percentile 5.5
Max 4 699.1

Garware Technical Fibres Ltd
Glance View

Nestled in the vibrantly industrial landscape of India, Garware Technical Fibres Ltd. weaves together the threads of innovation and tradition, crafting an enterprise that thrives on creating solutions for a myriad of industries. Born from a lineage of textile expertise, the company has evolved to become a global leader in technical textiles, where its reputation is built upon delivering robust and intelligent fibre solutions. It caters to diverse sectors such as agriculture, aquaculture, sports, shipping, and even defense, offering specialized products like fishing nets, ropes, and geosynthetics. The ingenuity of Garware's offerings lies in their strength and adaptability, seamlessly integrating cutting-edge technology and advanced materials to serve the intricate needs of their varied clientele. Garware Technical Fibres Ltd. operates through a strategic blend of innovation-driven product development and expansive distribution networks. The company derives its revenue predominantly through manufacturing and distributing high-performance products that meet critical applications in demanding environments. By aligning closely with customer needs and leveraging decades of technical expertise, Garware not only provides reliable products but also collaborative solutions that enhance productivity and efficiency across industries. The firm invests in research and development to stay at the forefront of technology while engaging in sustainable practices, ensuring lasting relationships with stakeholders and contributing to economic growth. In the bustling tapestry of the global market, Garware stands as a testament to how focused innovation and customer dedication can thread a path to success.

GARFIBRES Intrinsic Value
477.06 INR
Overvaluation 22%
Intrinsic Value
Price ₹613.85
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