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PB Ratio of Ashoka Metcast Ltd

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Ashoka Metcast Ltd

NSE: ASHOKAMETCAST

PB Ratio

0.4

Last updated on: Apr 01, 2025

Key Highlights

  • The latest PB Ratio of Ashoka Metcast Ltd is 0.4.
  • The PB ratio of the Ashoka Metcast Ltd is below 1 which indicates that the stock is undervalued.
  • The P/B Ratio of Ashoka Metcast Ltd changed from 0.1 on March 2020 to 0.4 on March 2024 . This represents a CAGR of 31.95% over 5 years.

Historical P/B Ratio of Ashoka Metcast Ltd

No data available

Company Fundamentals for Ashoka Metcast Ltd

Market Cap

43 Cr

EPS

4.2

P/E Ratio (TTM)

4.2

P/B Ratio (TTM)

0.4

Day’s High

17.76

Day’s Low

17.12

DTE

0.1

ROE

8.3

52 Week High

35.34

52 Week Low

14.0

ROCE

11.0

Market Price of Ashoka Metcast Ltd

1M

1Y

3Y

5Y

Monitoring Ashoka Metcast 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
01 Apr 202517.31
28 Mar 202515.48
27 Mar 202516.41
26 Mar 202516.76
25 Mar 202517.01
24 Mar 202517.55
21 Mar 202517.23
20 Mar 202517.17
19 Mar 202517.16
18 Mar 202517.11

SWOT Analysis Of Ashoka Metcast Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Ashoka Metcast Ltd

Asset Value vs Market Value of Ashoka Metcast Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

PB Ratio of Ashoka Metcast Ltd Explained

43.27

Market cap

43

Book Value per Share

0.4X

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 Ashoka Metcast Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Ashoka Metcast Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Ashoka Metcast Ltd News Hub

Ashoka Metcast to hold AGM

Ashoka Metcast announced that the Annual General Meeting (AGM) of the company will be held on 12 Sep

Read more

17 Aug 24

Ashoka Metcast AGM scheduled

Ashoka Metcast announced that the Annual General Meeting (AGM) of the company will be held on 12 Sep

Read more

16 Aug 24

Ashoka Metcast consolidated net profit rises 114.08% in the June 2024 quarter

Net profit of Ashoka Metcast rose 114.08% to Rs 1.52 crore in the quarter ended June 2024 as against

Read more

13 Aug 24

Ashoka Metcast to hold board meeting

Ashoka Metcast will hold a meeting of the Board of Directors of the Company on 12 August 2024. Power

Read more

10 Aug 24

Document

Annual Reports

Annual Report 2024

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Credit Ratings

N/A

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Concalls

Data not available

FAQs for PB Ratio of Ashoka Metcast Ltd

What is the PB ratio of Ashoka Metcast Ltd?

The current PB ratio of Ashoka Metcast Ltd is 0.4. 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 Ashoka Metcast Ltd stocks?

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

The PB ratio of Ashoka Metcast 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 Ashoka Metcast Ltd?

A high PB ratio suggests that Ashoka Metcast 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 Ashoka Metcast Ltd?

A low PB ratio of Ashoka Metcast Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Ashoka Metcast Ltd PB Ratio change over time?

Yes, the PB ratio of Ashoka Metcast 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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