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Asahi India Glass Ltd PB Ratio

Asahi India Glass Ltd PB Ratio

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₹ 0.3 Cr

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4.0 K

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Last Updated time: 18 Sep 9.00 AM

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Asahi India Glass Ltd

NSE: ASAHIINDIA

PB

7

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Asahi India Glass Ltd is 7 as of 18 Sep 24.
  • The P/B Ratio of Asahi India Glass Ltd changed from 5.9 on March 2022 to 5.5 on March 2024 . This represents a CAGR of -2.31% over 3 years. .

Historical P/B Ratio of Asahi India Glass Ltd

No data available

Company Fundamentals for Asahi India Glass Ltd

Market Cap

16,405 Cr

EPS

12.4

P/E Ratio (TTM) *

54.3

P/B Ratio (TTM) *

7.0

Day’s High *

685.0

Day’s Low

664.2

DTE *

0.8

ROE *

13.9

52 Week High

721.4

52 Week Low

502.2

ROCE *

13.3

Share price Over Time

1M

1Y

3Y

5Y

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

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 2024674.85
17 Sep 2024665.65
16 Sep 2024682.65
13 Sep 2024685.8
12 Sep 2024678.75
11 Sep 2024692.45
10 Sep 2024705.4
09 Sep 2024703.05
06 Sep 2024685.75
05 Sep 2024684.3

SWOT Analysis Of Asahi India Glass Ltd

Strength

4

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Asahi India Glass Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Asahi India Glass Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Asahi India Glass Ltd

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 Asahi India Glass Ltd

No data available

* All values are in crore

Historical Revenue of Asahi India Glass Ltd

No data available

* All values are in crore

Historical EBITDA of Asahi India Glass Ltd

No data available

* All values are in crore

Historical Net Profit of Asahi India Glass Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Asahi India Glass Ltd News Hub

News

Asahi India Glass announces cessation of director

Asahi India Glass announced that Rahul Rana (DIN: 00476406), has completed his second term...

Read more

05 Aug 202415:40

News

Board of Asahi India Glass approves change in directorate

The board of Asahi India Glass at its meeting held on 31 July 2024 has approved the appoin...

Read more

31 Jul 202416:44

News

Asahi India Glass to table results

Asahi India Glass will hold a meeting of the Board of Directors of the Company on 31 July ...

Read more

25 Jul 202410:21

News

Volumes spurt at Asahi India Glass Ltd counter

Doms Industries Ltd, Cera Sanitaryware Ltd, Alembic Pharmaceuticals Ltd, Tata Investment C...

Read more

18 Jun 202414:30

News

Asahi India Glass AGM scheduled

Asahi India Glass announced that the 39th Annual General Meeting(AGM) of the company will ...

Read more

16 May 202411:17

News

Board of Asahi India Glass recommends Final Dividend

Asahi India Glass announced that the Board of Directors of the Company at its meeting held...

Read more

15 May 202416:18

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FAQs for PB Ratio of Asahi India Glass Ltd

What is the PB ratio of Asahi India Glass Ltd?

The current PB ratio of Asahi India Glass Ltd is 6.97. 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 Asahi India Glass Ltd stocks?

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

The PB ratio of Asahi India Glass 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 Asahi India Glass Ltd?

A high PB ratio suggests that Asahi India Glass 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 Asahi India Glass Ltd?

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

Can Asahi India Glass Ltd PB Ratio change over time?

Yes, the PB ratio of Asahi India Glass 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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