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Asahi India Glass Ltd PB Ratio

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Asahi India Glass Ltd

NSE: ASAHIINDIA

PB

6.3

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Asahi India Glass Ltd is 6.3.
  • The PB ratio of the Asahi India Glass Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Asahi India Glass Ltd changed from 5.2 on March 2019 to 5.5 on March 2024 . This represents a CAGR of 0.94% over 6 years.

Historical P/B Ratio of Asahi India Glass Ltd

No data available

Company Fundamentals for Asahi India Glass Ltd

Market Cap

15,671 Cr

EPS

12.8

P/E Ratio (TTM)

50.4

P/B Ratio (TTM)

6.3

Day’s High

655.7

Day’s Low

640.2

DTE

0.9

ROE

12.5

52 Week High

833.0

52 Week Low

502.2

ROCE

11.7

Market Price of Asahi India Glass Ltd

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 Market Price

Date
leftPrice (₹)right
22 Nov 2024644.65
21 Nov 2024653.75
19 Nov 2024656.05
18 Nov 2024650
14 Nov 2024665.4

SWOT Analysis Of Asahi India Glass Ltd

Strength

4

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Asahi India Glass Ltd

Asset Value vs Market Value of Asahi India Glass Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Asahi India Glass Ltd6.33
Borosil Renewables Ltd66.7
Borosil Ltd63.5
La Opala RG Ltd73.6
Borosil Scientific Ltd44.8

Historical Market Cap of Asahi India Glass Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Asahi India Glass Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 6.33. 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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