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Ashapura Minechem Ltd PB Ratio

Ashapura Minechem Ltd PB Ratio

stocks purchased

₹ 0.2 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

8.7 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Ashapura Minechem Ltd

NSE: ASHAPURMIN

PB

2.6

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Ashapura Minechem Ltd is 2.6 as of 07 Nov 24.
  • The P/B Ratio of Ashapura Minechem Ltd changed from 2.2 on March 2022 to 3.7 on March 2024 . This represents a CAGR of 18.92% over 3 years. .

Historical P/B Ratio of Ashapura Minechem Ltd

No data available

Company Fundamentals for Ashapura Minechem Ltd

Market Cap

2,473 Cr

EPS

16.9

P/E Ratio (TTM) *

15.4

P/B Ratio (TTM) *

2.6

Day’s High *

264.95

Day’s Low

253.55

DTE *

1.1

ROE *

21.9

52 Week High

483.25

52 Week Low

199.95

ROCE *

11.1

Market Price Over Time

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
07 Nov 2024258.9
06 Nov 2024262.75
05 Nov 2024254.1
04 Nov 2024249.05
01 Nov 2024247.65
31 Oct 2024238.2
30 Oct 2024245.4
29 Oct 2024216.5
28 Oct 2024243.3
25 Oct 2024302.6

SWOT Analysis Of Ashapura Minechem Ltd

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Ashapura Minechem Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Ashapura Minechem Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Ashapura Minechem Ltd22,473
Coal India Ltd292,68,294
Vedanta Ltd1921,79,018
NMDC Ltd8769,998
Lloyds Metals & Energy Ltd11152,075
KIOCL Ltd2823,645

Key Valuation Metric of Ashapura Minechem Ltd

Share Price

₹256

PB Ratio

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 Ashapura Minechem Ltd

No data available

* All values are in crore

Historical Revenue of Ashapura Minechem Ltd

No data available

* All values are in crore

Historical EBITDA of Ashapura Minechem Ltd

No data available

* All values are in crore

Historical Net Profit of Ashapura Minechem Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Ashapura Minechem Ltd News Hub

News

Ashapura Minechem to declare Quarterly Result

Ashapura Minechem will hold a meeting of the Board of Directors of the Company on 14 Novem...

Read more

08 Nov 202410:02

News

Ashapura Minechem Ltd leads losers in 'A' group

Voltamp Transformers Ltd, CMS Info Systems Ltd, Interglobe Aviation Ltd and Go Fashion (In...

Read more

28 Oct 202415:00

News

Ashapura Minechem to hold AGM

Ashapura Minechem announced that the Annual General Meeting (AGM) of the company will be h...

Read more

11 Sep 202410:35

News

Ashapura Minechem to conduct AGM

Ashapura Minechem announced that the Annual General Meeting (AGM) of the company will be h...

Read more

11 Sep 202409:53

News

Ashapura Minechem to convene board meeting

Ashapura Minechem will hold a meeting of the Board of Directors of the Company on 13 Augus...

Read more

07 Aug 202412:42

News

Ashapura Minechem to convene board meeting

Ashapura Minechem will hold a meeting of the Board of Directors of the Company on 29 May 2...

Read more

24 May 202416:35

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Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

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 2.58. 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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