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Asahi Songwon Colors Ltd PB Ratio

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Asahi Songwon Colors Ltd

NSE: ASAHISONG

PB

1.8

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Asahi Songwon Colors Ltd is 1.8.
  • The PB ratio of the Asahi Songwon Colors 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 Songwon Colors Ltd changed from 1 on March 2019 to 1.6 on March 2024 . This represents a CAGR of 8.15% over 6 years.

Historical P/B Ratio of Asahi Songwon Colors Ltd

No data available

Company Fundamentals for Asahi Songwon Colors Ltd

Market Cap

445 Cr

EPS

8.7

P/E Ratio (TTM)

43.3

P/B Ratio (TTM)

1.8

Day’s High

383.95

Day’s Low

372.25

DTE

0.8

ROE

4.2

52 Week High

588.85

52 Week Low

261.1

ROCE

5.9

Market Price of Asahi Songwon Colors Ltd

1M

1Y

3Y

5Y

Monitoring Asahi Songwon Colors 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 2024378
21 Nov 2024369.1
19 Nov 2024383.85
18 Nov 2024385
14 Nov 2024370.45

SWOT Analysis Of Asahi Songwon Colors Ltd

Strength

4

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Asahi Songwon Colors Ltd

Asset Value vs Market Value of Asahi Songwon Colors Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Asahi Songwon Colors Ltd1.83
Pidilite Industries Ltd169.8
SRF Ltd367.6
Linde India Ltd416.1
Gujarat Fluorochemicals Ltd559.2

Historical Market Cap of Asahi Songwon Colors Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Asahi Songwon Colors Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Asahi Songwon Colors Ltd

What is the PB ratio of Asahi Songwon Colors Ltd?

The current PB ratio of Asahi Songwon Colors Ltd is 1.83. 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 Songwon Colors Ltd stocks?

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

The PB ratio of Asahi Songwon Colors 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 Songwon Colors Ltd?

A high PB ratio suggests that Asahi Songwon Colors 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 Songwon Colors Ltd?

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

Can Asahi Songwon Colors Ltd PB Ratio change over time?

Yes, the PB ratio of Asahi Songwon Colors 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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