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Betex India Ltd PB Ratio

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Betex India Ltd

NSE: BETEXINDIA

PB

1.6

Last updated on: 26 Nov 24

Key Highlights

  • The latest PB Ratio of Betex India Ltd is 1.6.
  • The PB ratio of the Betex India Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Betex India Ltd changed from 0.2 on March 2019 to 1.3 on March 2024 . This represents a CAGR of 36.61% over 6 years.

Historical P/B Ratio of Betex India Ltd

No data available

Company Fundamentals for Betex India Ltd

Market Cap

54 Cr

EPS

28.2

P/E Ratio (TTM)

12.8

P/B Ratio (TTM)

1.6

Day’s High

354.5

Day’s Low

354.5

DTE

0.2

ROE

12.5

52 Week High

475.0

52 Week Low

198.0

ROCE

16.9

Market Price of Betex India Ltd

1M

1Y

3Y

5Y

Monitoring Betex India 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
26 Nov 2024361.7
25 Nov 2024369.05
22 Nov 2024376.55
21 Nov 2024376.6
19 Nov 2024369.3

SWOT Analysis Of Betex India Ltd

Strength

0

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Betex India Ltd

Asset Value vs Market Value of Betex India Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Betex India Ltd1.63
Grasim Industries Ltd839.3
Trident Ltd7.1
Welspun Living Ltd39.4
Vardhman Textiles Ltd318.8

Historical Market Cap of Betex India Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Betex India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Betex India Ltd

What is the PB ratio of Betex India Ltd?

The current PB ratio of Betex India Ltd is 1.63. 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 Betex India Ltd stocks?

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

The PB ratio of Betex India 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 Betex India Ltd?

A high PB ratio suggests that Betex India 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 Betex India Ltd?

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

Can Betex India Ltd PB Ratio change over time?

Yes, the PB ratio of Betex India 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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