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Ashapuri Gold Ornament Ltd PB Ratio

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Ashapuri Gold Ornament Ltd

NSE: ASHAPURIGOLD

PB

2.3

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Ashapuri Gold Ornament Ltd is 2.3.
  • The PB ratio of the Ashapuri Gold Ornament Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Ashapuri Gold Ornament Ltd changed from 2.4 on March 2019 to 3.1 on March 2024 . This represents a CAGR of 4.36% over 6 years.

Historical P/B Ratio of Ashapuri Gold Ornament Ltd

No data available

Company Fundamentals for Ashapuri Gold Ornament Ltd

Market Cap

334 Cr

EPS

0.3

P/E Ratio (TTM)

29.5

P/B Ratio (TTM)

2.3

Day’s High

10.93

Day’s Low

9.99

DTE

0.1

ROE

7.9

52 Week High

16.27

52 Week Low

6.64

ROCE

10.4

Market Price of Ashapuri Gold Ornament Ltd

1M

1Y

3Y

5Y

Monitoring Ashapuri Gold Ornament 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 202410.04
21 Nov 202410.41
19 Nov 20249.92
18 Nov 20249.45
14 Nov 20249

SWOT Analysis Of Ashapuri Gold Ornament Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Ashapuri Gold Ornament Ltd

Asset Value vs Market Value of Ashapuri Gold Ornament Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Ashapuri Gold Ornament Ltd2.35
Titan Company Ltd168.6
Kalyan Jewellers India Ltd42.1
Senco Gold Ltd185.3
P N Gadgil Jewellers Ltd104.7

Historical Market Cap of Ashapuri Gold Ornament Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Ashapuri Gold Ornament Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Ashapuri Gold Ornament Ltd

What is the PB ratio of Ashapuri Gold Ornament Ltd?

The current PB ratio of Ashapuri Gold Ornament Ltd is 2.35. 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 Ashapuri Gold Ornament Ltd stocks?

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

The PB ratio of Ashapuri Gold Ornament 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 Ashapuri Gold Ornament Ltd?

A high PB ratio suggests that Ashapuri Gold Ornament 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 Ashapuri Gold Ornament Ltd?

A low PB ratio of Ashapuri Gold Ornament Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Ashapuri Gold Ornament Ltd PB Ratio change over time?

Yes, the PB ratio of Ashapuri Gold Ornament 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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