Home

Ankit Metal & Power Ltd PB Ratio

Image

Ankit Metal & Power Ltd

NSE: ANKITMETAL

PB

0

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Ankit Metal & Power Ltd is 0.
  • The PB ratio of the Ankit Metal & Power Ltd is below 1 which indicates that the stock is undervalued.
  • The P/B Ratio of Ankit Metal & Power Ltd changed from -0.2 on March 2022 to -0.1 on March 2023 . This represents a CAGR of -29.29% over 2 years.

Historical P/B Ratio of Ankit Metal & Power Ltd

No data available

Company Fundamentals for Ankit Metal & Power Ltd

Market Cap

48 Cr

EPS

0.0

P/E Ratio (TTM)

0.0

P/B Ratio (TTM)

0.0

Day’s High

3.44

Day’s Low

3.12

DTE

-1.1

ROE

21.7

52 Week High

5.62

52 Week Low

3.1

ROCE

-307.6

Market Price of Ankit Metal & Power Ltd

1M

1Y

3Y

5Y

Monitoring Ankit Metal & Power 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
22 Nov 20243.44
21 Nov 20243.28
19 Nov 20243.45
18 Nov 20243.32
14 Nov 20243.35

SWOT Analysis Of Ankit Metal & Power Ltd

Strength

0

che

Weakness

0

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Ankit Metal & Power Ltd

Asset Value vs Market Value of Ankit Metal & Power Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Ankit Metal & Power Ltd0
JSW Steel Ltd319.8
Tata Steel Ltd112.7
Jindal Steel & Power Ltd475.6
Tube Investments of India Ltd220.3

Historical Market Cap of Ankit Metal & Power Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Ankit Metal & Power Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Ankit Metal & Power Ltd

What is the PB ratio of Ankit Metal & Power Ltd?

The current PB ratio of Ankit Metal & Power Ltd is 0.0. 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 Ankit Metal & Power Ltd stocks?

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

The PB ratio of Ankit Metal & Power 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 Ankit Metal & Power Ltd?

A high PB ratio suggests that Ankit Metal & Power 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 Ankit Metal & Power Ltd?

A low PB ratio of Ankit Metal & Power Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Ankit Metal & Power Ltd PB Ratio change over time?

Yes, the PB ratio of Ankit Metal & Power 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.
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*