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Anik Industries Ltd PB Ratio

Anik Industries Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 13, 2024)

stocks purchased

1.8 K

Stocks Traded

(Nov 13, 2024)

Last Updated on: Nov 14, 2024

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Anik Industries Ltd

NSE: ANIKINDS

PB

0.7

Last updated on: Nov 13, 2024

Key Highlights

  • The P/B Ratio of Anik Industries Ltd is 0.7 as of 13 Nov 24.
  • The P/B Ratio of Anik Industries Ltd changed from 0.2 on March 2022 to 0.3 on March 2024 . This represents a CAGR of 14.47% over 3 years. .

Historical P/B Ratio of Anik Industries Ltd

No data available

Company Fundamentals for Anik Industries Ltd

Market Cap

274 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

0.7

Day’s High *

99.4

Day’s Low

99.09

DTE *

0.0

ROE *

0.7

52 Week High

105.27

52 Week Low

41.44

ROCE *

3.0

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Anik 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
13 Nov 202499.09
12 Nov 2024101.11
11 Nov 2024103.17
08 Nov 2024105.27
07 Nov 2024103.21
06 Nov 2024101.19
05 Nov 202499.21
04 Nov 202497.27
01 Nov 202492.64
31 Oct 202488.23

SWOT Analysis Of Anik Industries Ltd

Strength

2

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Anik Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Anik Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Anik Industries Ltd0274
Adani Enterprises Ltd1903,25,254
Aegis Logistics Ltd7127,424
Cello World Ltd6518,034
Redington Ltd5014,549
Honasa Consumer Ltd3411,835

Key Valuation Metric of Anik Industries Ltd

Share Price

₹99

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 Anik Industries Ltd

No data available

* All values are in crore

Historical Revenue of Anik Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Anik Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Anik Industries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Anik Industries Ltd News Hub

News

Anik Industries to hold board meeting

Anik Industries will hold a meeting of the Board of Directors of the Company on 14 Novembe...

Read more

06 Nov 202412:45

News

Anik Industries to conduct AGM

Anik Industries announced that the 48th Annual General Meeting (AGM) of the company will b...

Read more

12 Sep 202416:01

News

Anik Industries to discuss results

Anik Industries will hold a meeting of the Board of Directors of the Company on 13 August ...

Read more

07 Aug 202414:02

News

Anik Industries to discuss results

Anik Industries will hold a meeting of the Board of Directors of the Company on 30 May 202...

Read more

22 May 202415:17

News

Anik Industries revises board meeting date

Anik Industries has revised the meeting of the Board of Directors which was scheduled to b...

Read more

10 Feb 202411:12

News

Anik Industries to discuss results

Anik Industries will hold a meeting of the Board of Directors of the Company on 12 Februar...

Read more

06 Feb 202415:40

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Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Anik Industries Ltd

What is the PB ratio of Anik Industries Ltd?

The current PB ratio of Anik Industries Ltd is 0.72. 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 Anik Industries Ltd stocks?

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

The PB ratio of Anik 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 Anik Industries Ltd?

A high PB ratio suggests that Anik 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 Anik Industries Ltd?

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

Can Anik Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Anik Industries 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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