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PB Ratio of Amit Spinning Industries Ltd

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Amit Spinning Industries Ltd

NSE: ASIL

PB Ratio

0.3

Last updated on: Sep 04, 2024

Key Highlights

  • The latest PB Ratio of Amit Spinning Industries Ltd is 0.3.
  • The PB ratio of the Amit Spinning Industries Ltd is below 1 which indicates that the stock is undervalued.
  • The P/B Ratio of Amit Spinning Industries Ltd changed from 0 on March 2019 to 0 on March 2024 . This represents a CAGR of 0.0% over 6 years.

Historical P/B Ratio of Amit Spinning Industries Ltd

No data available

Company Fundamentals for Amit Spinning Industries Ltd

Market Cap

2 Cr

EPS

0.0

P/E Ratio (TTM)

0.0

P/B Ratio (TTM)

0.3

Day’s High

0.69

Day’s Low

0.69

DTE

1.1

ROE

-10.1

52 Week High

0.69

52 Week Low

0.0

ROCE

0.7

Market Price of Amit Spinning Industries Ltd

1M

1Y

3Y

5Y

Monitoring Amit Spinning Industries 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
04 Sep 20170.69
02 Aug 20170.72
24 Jul 20170.75
21 Jul 20170.75
14 Jul 20170.75

SWOT Analysis Of Amit Spinning Industries Ltd

Strength

0

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Amit Spinning Industries Ltd

Asset Value vs Market Value of Amit Spinning Industries Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Amit Spinning Industries Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Amit Spinning Industries Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Amit Spinning Industries Ltd

What is the PB ratio of Amit Spinning Industries Ltd?

The current PB ratio of Amit Spinning Industries Ltd is 0.31. 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 Amit Spinning Industries Ltd stocks?

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

The PB ratio of Amit Spinning Industries 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 Amit Spinning Industries Ltd?

A high PB ratio suggests that Amit Spinning Industries 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 Amit Spinning Industries Ltd?

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

Can Amit Spinning Industries Ltd PB Ratio change over time?

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

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