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Ashapura Minechem Ltd PB Ratio

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Ashapura Minechem Ltd

NSE: ASHAPURMIN

PB

2.3

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Ashapura Minechem Ltd is 2.3.
  • The PB ratio of the Ashapura Minechem Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Ashapura Minechem Ltd changed from -0.7 on March 2019 to 3.7 on March 2024 . This represents a CAGR of NaN% over 6 years.

Historical P/B Ratio of Ashapura Minechem Ltd

No data available

Company Fundamentals for Ashapura Minechem Ltd

Market Cap

2,379 Cr

EPS

16.2

P/E Ratio (TTM)

15.4

P/B Ratio (TTM)

2.3

Day’s High

252.5

Day’s Low

244.0

DTE

1.1

ROE

14.6

52 Week High

483.25

52 Week Low

199.95

ROCE

8.1

Market Price of Ashapura Minechem Ltd

1M

1Y

3Y

5Y

Monitoring Ashapura Minechem 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
21 Nov 2024249.1
19 Nov 2024249.85
18 Nov 2024247.6
14 Nov 2024253.95
13 Nov 2024238.95

SWOT Analysis Of Ashapura Minechem Ltd

Strength

3

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Ashapura Minechem Ltd

Asset Value vs Market Value of Ashapura Minechem Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Ashapura Minechem Ltd2.25
Coal India Ltd30.1
Vedanta Ltd193.1
NMDC Ltd97.0
Lloyds Metals & Energy Ltd112.0

Historical Market Cap of Ashapura Minechem Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Ashapura Minechem Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Ashapura Minechem Ltd

What is the PB ratio of Ashapura Minechem Ltd?

The current PB ratio of Ashapura Minechem Ltd is 2.25. 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 Ashapura Minechem Ltd stocks?

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

The PB ratio of Ashapura Minechem 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 Ashapura Minechem Ltd?

A high PB ratio suggests that Ashapura Minechem 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 Ashapura Minechem Ltd?

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

Can Ashapura Minechem Ltd PB Ratio change over time?

Yes, the PB ratio of Ashapura Minechem 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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