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Alankit Ltd PB Ratio

Alankit Ltd PB Ratio

stocks purchased

₹ 0.3 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

148.2 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Alankit Ltd

NSE: ALANKIT

PB

2.2

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Alankit Ltd is 2.2 as of 07 Nov 24.
  • The P/B Ratio of Alankit Ltd changed from 1.4 on March 2022 to 1.7 on March 2024 . This represents a CAGR of 6.69% over 3 years. .

Historical P/B Ratio of Alankit Ltd

No data available

Company Fundamentals for Alankit Ltd

Market Cap

628 Cr

EPS

0.9

P/E Ratio (TTM) *

24.9

P/B Ratio (TTM) *

2.2

Day’s High *

23.85

Day’s Low

23.0

DTE *

0.1

ROE *

8.8

52 Week High

29.67

52 Week Low

11.06

ROCE *

10.5

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Alankit 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
07 Nov 202423.18
06 Nov 202422.7
05 Nov 202422.19
04 Nov 202422.16
01 Nov 202422.77
31 Oct 202422.37
30 Oct 202422.41
29 Oct 202421.79
28 Oct 202421.24
25 Oct 202421.83

SWOT Analysis Of Alankit Ltd

Strength

2

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Alankit Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Alankit Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Alankit Ltd2628
Tata Consultancy Services Ltd23015,01,289
Infosys Ltd1997,48,487
HCL Technologies Ltd1344,96,886
Wipro Ltd1202,94,671
LTIMindtree Ltd6841,74,196

Key Valuation Metric of Alankit Ltd

Share Price

₹23

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

Historical Market Cap of Alankit Ltd

No data available

* All values are in crore

Historical Revenue of Alankit Ltd

No data available

* All values are in crore

Historical EBITDA of Alankit Ltd

No data available

* All values are in crore

Historical Net Profit of Alankit Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Alankit Ltd News Hub

News

Alankit to announce Quarterly Result

Alankit will hold a meeting of the Board of Directors of the Company on 25 October 2024. P...

Read more

18 Oct 202410:29

News

Alankit to convene AGM

Alankit announced that the 35th Annual General Meeting (AGM) of the company will be held o...

Read more

29 Jul 202417:07

News

Alankit to conduct board meeting

Alankit will hold a meeting of the Board of Directors of the Company on 27 July 2024. Powe...

Read more

20 Jul 202420:01

News

Alankit to conduct board meeting

Alankit will hold a meeting of the Board of Directors of the Company on 2 July 2024. Power...

Read more

26 Jun 202410:01

News

Board of Alankit appoints director

The Board of Alankit at its meeting held on 23 May 2024 has appointed Ashok Kumar Sinha (D...

Read more

23 May 202415:56

News

Alankit to table results

Alankit will hold a meeting of the Board of Directors of the Company on 23 May 2024 Powere...

Read more

17 May 202411:51

Document

Annual Reports

N/A

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Credit Ratings

N/A

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Concalls

Data not available

FAQs for PB Ratio of Alankit Ltd

What is the PB ratio of Alankit Ltd?

The current PB ratio of Alankit Ltd is 2.19. 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 Alankit Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Alankit 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 Alankit Ltd calculated?

The PB ratio of Alankit 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 Alankit Ltd?

A high PB ratio suggests that Alankit 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 Alankit Ltd?

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

Can Alankit Ltd PB Ratio change over time?

Yes, the PB ratio of Alankit Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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