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Asit C Mehta Financial Services Ltd PB Ratio

Asit C Mehta Financial Services Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

0.9 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Asit C Mehta Financial Services ltd

NSE: ASITCMEHTAFIN

PB

4.1

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Asit C Mehta Financial Services ltd is 4.1 as of 07 Nov 24.
  • The P/B Ratio of Asit C Mehta Financial Services ltd changed from 4.3 on March 2022 to 4 on March 2024 . This represents a CAGR of -2.38% over 3 years. .

Historical P/B Ratio of Asit C Mehta Financial Services ltd

No data available

Company Fundamentals for Asit C Mehta Financial Services ltd

Market Cap

122 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

4.1

Day’s High *

150.0

Day’s Low

142.45

DTE *

3.4

ROE *

-21.6

52 Week High

215.8

52 Week Low

99.62

ROCE *

2.6

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Asit C Mehta Financial Services 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 2024148.55
06 Nov 2024146.05
05 Nov 2024145.5
04 Nov 2024145.05
01 Nov 2024145.3
31 Oct 2024142
30 Oct 2024142.1
29 Oct 2024140
28 Oct 2024145.25
25 Oct 2024146.9

BlinkX Score for Asit C Mehta Financial Services ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Asit C Mehta Financial Services ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Asit C Mehta Financial Services ltd

Share Price

₹149

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 Asit C Mehta Financial Services ltd

No data available

* All values are in crore

Historical Revenue of Asit C Mehta Financial Services ltd

No data available

* All values are in crore

Historical EBITDA of Asit C Mehta Financial Services ltd

No data available

* All values are in crore

Historical Net Profit of Asit C Mehta Financial Services ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Asit C Mehta Financial Services ltd News Hub

News

Asit C Mehta Financial Services announces board meeting date

Asit C Mehta Financial Services will hold a meeting of the Board of Directors of the Compa...

Read more

22 Oct 202411:32

News

Asit C Mehta Financial Services to conduct AGM

Asit C Mehta Financial Services announced that the 40th Annual General Meeting (AGM) of th...

Read more

09 Sep 202417:43

News

Asit C Mehta Financial Services to declare Quarterly Result

Asit C Mehta Financial Services will hold a meeting of the Board of Directors of the Compa...

Read more

10 Aug 202413:55

News

Asit C Mehta Financial Services to conduct board meeting

Asit C Mehta Financial Services will hold a meeting of the Board of Directors of the Compa...

Read more

13 May 202414:49

News

Asit C Mehta Financial Services cancels board meeting

Asit C Mehta Financial Services has cancelled the board meeting which was scheduled to be ...

Read more

31 Jan 202410:53

News

Asit C Mehta Financial Services to convene board meeting

Asit C Mehta Financial Services will hold a meeting of the Board of Directors of the Compa...

Read more

25 Jan 202414:29

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Annual Reports

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Concalls

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FAQs for PB Ratio of Asit C Mehta Financial Services ltd

What is the PB ratio of Asit C Mehta Financial Services ltd?

The current PB ratio of Asit C Mehta Financial Services ltd is 4.07. 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 Asit C Mehta Financial Services ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Asit C Mehta Financial Services 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 Asit C Mehta Financial Services ltd calculated?

The PB ratio of Asit C Mehta Financial Services 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 Asit C Mehta Financial Services ltd?

A high PB ratio suggests that Asit C Mehta Financial Services 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 Asit C Mehta Financial Services ltd?

A low PB ratio of Asit C Mehta Financial Services ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Asit C Mehta Financial Services ltd PB Ratio change over time?

Yes, the PB ratio of Asit C Mehta Financial Services 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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