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Ashika Credit Capital Ltd PB Ratio

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Ashika Credit Capital Ltd

NSE: ASHIKA

PB

6.1

Last updated on: 25 Nov 24

Key Highlights

  • The latest PB Ratio of Ashika Credit Capital Ltd is 6.1.
  • The PB ratio of the Ashika Credit Capital Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Ashika Credit Capital Ltd changed from 0.5 on March 2020 to 1.2 on March 2024 . This represents a CAGR of 19.14% over 5 years.

Historical P/B Ratio of Ashika Credit Capital Ltd

No data available

Company Fundamentals for Ashika Credit Capital Ltd

Market Cap

1,592 Cr

EPS

11.5

P/E Ratio (TTM)

61.1

P/B Ratio (TTM)

6.1

Day’s High

701.8

Day’s Low

701.8

DTE

0.2

ROE

11.8

52 Week High

701.8

52 Week Low

45.6

ROCE

13.4

Market Price of Ashika Credit Capital Ltd

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
25 Nov 2024701.8
22 Nov 2024688.05
21 Nov 2024674.6
19 Nov 2024661.4
18 Nov 2024648.45

SWOT Analysis Of Ashika Credit Capital Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Ashika Credit Capital Ltd

Asset Value vs Market Value of Ashika Credit Capital Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Ashika Credit Capital Ltd6.12
Bajaj Finance Ltd1279.6
Bajaj Finserv Ltd52.0
Jio Financial Services Ltd39.1
Indian Railway Finance Corporation Ltd39.4

Historical Market Cap of Ashika Credit Capital Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Ashika Credit Capital Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 6.12. 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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