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PB Ratio of Akshar Spintex Ltd

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Akshar Spintex Ltd

NSE: AKSHAR

PB Ratio

0.6

Last updated on: Jan 06, 2025

Key Highlights

  • The latest PB Ratio of Akshar Spintex Ltd is 0.6.
  • The PB ratio of the Akshar Spintex Ltd is below 1 which indicates that the stock is undervalued.
  • The P/B Ratio of Akshar Spintex Ltd changed from 0.5 on March 2020 to 1.5 on March 2024 . This represents a CAGR of 24.57% over 5 years.

Historical P/B Ratio of Akshar Spintex Ltd

No data available

Company Fundamentals for Akshar Spintex Ltd

Market Cap

57 Cr

EPS

0.0

P/E Ratio (TTM)

73.0

P/B Ratio (TTM)

0.6

Day’s High

0.74

Day’s Low

0.72

DTE

0.4

ROE

1.6

52 Week High

2.86

52 Week Low

0.67

ROCE

4.2

Market Price of Akshar Spintex Ltd

1M

1Y

3Y

5Y

Monitoring Akshar Spintex Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
06 Jan 20250.73
03 Jan 20250.75
02 Jan 20250.75
01 Jan 20250.75
31 Dec 20240.75

SWOT Analysis Of Akshar Spintex Ltd

Strength

1

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Akshar Spintex Ltd

Asset Value vs Market Value of Akshar Spintex Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Akshar Spintex Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Akshar Spintex Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

PB Ratio of Akshar Spintex Ltd Explained

57.49

Market cap

1

Book Value per Share

0.6X

PB Ratio

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

FAQs for PB Ratio of Akshar Spintex Ltd

What is the PB ratio of Akshar Spintex Ltd?

The current PB ratio of Akshar Spintex Ltd is 0.63. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Akshar Spintex Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Akshar Spintex Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Akshar Spintex Ltd calculated?

The PB ratio of Akshar Spintex Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Akshar Spintex Ltd?

A high PB ratio suggests that Akshar Spintex Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Akshar Spintex Ltd?

A low PB ratio of Akshar Spintex Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Akshar Spintex Ltd PB Ratio change over time?

Yes, the PB ratio of Akshar Spintex Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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