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Ashika Credit Capital Ltd PB Ratio

Ashika Credit Capital Ltd PB Ratio

stocks purchased

₹ 0.2 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

3.9 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Ashika Credit Capital Ltd

NSE: ASHIKA

PB

7.4

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Ashika Credit Capital Ltd is 7.4 as of 07 Nov 24.
  • The P/B Ratio of Ashika Credit Capital Ltd changed from 0.9 on March 2022 to 1.2 on March 2024 . This represents a CAGR of 10.06% over 3 years. .

Historical P/B Ratio of Ashika Credit Capital Ltd

No data available

Company Fundamentals for Ashika Credit Capital Ltd

Market Cap

1,336 Cr

EPS

9.8

P/E Ratio (TTM) *

63.8

P/B Ratio (TTM) *

7.4

Day’s High *

623.8

Day’s Low

623.8

DTE *

0.4

ROE *

15.7

52 Week High

623.8

52 Week Low

41.2

ROCE *

14.5

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Ashika Credit Capital 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 2024623.8
06 Nov 2024611.6
05 Nov 2024599.65
04 Nov 2024587.9
31 Oct 2024576.4
30 Oct 2024565.1
29 Oct 2024554.05
28 Oct 2024543.2
25 Oct 2024532.55
24 Oct 2024522.15

SWOT Analysis Of Ashika Credit Capital Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Ashika Credit Capital Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Ashika Credit Capital Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Ashika Credit Capital Ltd

Share Price

₹624

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 Ashika Credit Capital Ltd

No data available

* All values are in crore

Historical Revenue of Ashika Credit Capital Ltd

No data available

* All values are in crore

Historical EBITDA of Ashika Credit Capital Ltd

No data available

* All values are in crore

Historical Net Profit of Ashika Credit Capital Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Ashika Credit Capital Ltd News Hub

News

Ashika Credit Capital to conduct EGM

Ashika Credit Capital announced that an Extra Ordinary General Meeting (EGM) of the Compan...

Read more

27 Sep 202409:56

News

Ashika Credit Capital to convene board meeting

Ashika Credit Capital will hold a meeting of the Board of Directors of the Company on 17 S...

Read more

12 Sep 202414:17

News

Ashika Credit Capital to convene EGM

Ashika Credit Capital announced that an Extra Ordinary General Meeting (EGM) of the Compan...

Read more

12 Aug 202413:43

News

Ashika Credit Capital to conduct board meeting

Ashika Credit Capital will hold a meeting of the Board of Directors of the Company on 31 J...

Read more

25 Jul 202418:02

News

Ashika Credit Capital to hold board meeting

Ashika Credit Capital will hold a meeting of the Board of Directors of the Company on 20 J...

Read more

16 Jul 202410:39

News

Ashika Credit Capital to hold AGM

Ashika Credit Capital announced that the 31th Annual General Meeting (AGM) of the company ...

Read more

05 Jul 202410:29

Document

Annual Reports

N/A

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Credit Ratings

N/A

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Concalls

Data not available

FAQs for PB Ratio of Ashika Credit Capital Ltd

What is the PB ratio of Ashika Credit Capital Ltd?

The current PB ratio of Ashika Credit Capital Ltd is 7.4. 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 Ashika Credit Capital Ltd stocks?

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

The PB ratio of Ashika Credit Capital 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 Ashika Credit Capital Ltd?

A high PB ratio suggests that Ashika Credit Capital 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 Ashika Credit Capital Ltd?

A low PB ratio of Ashika Credit Capital Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Ashika Credit Capital Ltd PB Ratio change over time?

Yes, the PB ratio of Ashika Credit Capital 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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