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Ashapuri Gold Ornament Ltd PB Ratio

Ashapuri Gold Ornament Ltd PB Ratio

stocks purchased

₹ 1.2 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

1352.6 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Ashapuri Gold Ornament Ltd

NSE: ASHAPURIGOLD

PB

2.1

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Ashapuri Gold Ornament Ltd is 2.1 as of 07 Nov 24.
  • The P/B Ratio of Ashapuri Gold Ornament Ltd changed from 2.2 on March 2022 to 3.1 on March 2024 . This represents a CAGR of 12.11% over 3 years. .

Historical P/B Ratio of Ashapuri Gold Ornament Ltd

No data available

Company Fundamentals for Ashapuri Gold Ornament Ltd

Market Cap

296 Cr

EPS

0.3

P/E Ratio (TTM) *

26.2

P/B Ratio (TTM) *

2.1

Day’s High *

9.2

Day’s Low

8.56

DTE *

0.1

ROE *

7.9

52 Week High

16.27

52 Week Low

6.64

ROCE *

10.4

Market Price Over Time

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
07 Nov 20248.91
06 Nov 20249.07
05 Nov 20248.81
04 Nov 20248.79
01 Nov 20248.99
31 Oct 20248.81
30 Oct 20248.42
29 Oct 20248.04
28 Oct 20248.14
25 Oct 20248.39

SWOT Analysis Of Ashapuri Gold Ornament Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Ashapuri Gold Ornament Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Ashapuri Gold Ornament Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Ashapuri Gold Ornament Ltd

Share Price

₹9

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 Ashapuri Gold Ornament Ltd

No data available

* All values are in crore

Historical Revenue of Ashapuri Gold Ornament Ltd

No data available

* All values are in crore

Historical EBITDA of Ashapuri Gold Ornament Ltd

No data available

* All values are in crore

Historical Net Profit of Ashapuri Gold Ornament Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Ashapuri Gold Ornament Ltd News Hub

News

Ashapuri Gold Ornament wins order of Rs 15 cr from Titan Company

Ashapuri Gold Ornament has received an order from Titan Company for supply of antique gold...

Read more

11 Oct 202409:41

News

Ashapuri Gold Ornament schedules board meeting

Ashapuri Gold Ornament will hold a meeting of the Board of Directors of the Company on 18 ...

Read more

01 Oct 202417:38

News

Ashapuri Gold Ornament adjourns AGM

Ashapuri Gold Ornament has adjourned the Annual General Meeting of the company which was s...

Read more

26 Sep 202410:25

News

Ashapuri Gold Ornament to hold AGM

Ashapuri Gold Ornament announced that the Annual General Meeting (AGM) of the company will...

Read more

06 Sep 202417:38

News

Ashapuri Gold Ornament AGM scheduled

Ashapuri Gold Ornament announced that the Annual General Meeting (AGM) of the company will...

Read more

06 Sep 202416:35

News

Ashapuri Gold Ornament wins orders of Rs 105 cr

Ashapuri Gold Ornament has received orders worth Rs 105 crore for supply of gold jewellery...

Read more

17 Aug 202412:19

Document

Annual Reports

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Credit Ratings

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Concalls

Data not available

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 2.09. 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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