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Bits Ltd PB Ratio

Bits Ltd PB Ratio

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Last Updated time: 18 Sep 9.00 AM

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BITS Ltd

NSE: BITS

PB

6.9

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of BITS Ltd is 6.9 as of 18 Sep 24.
  • The P/B Ratio of BITS Ltd changed from 1.9 on March 2022 to 1.9 on March 2024 . This represents a CAGR of 0.00% over 1 years. .

Historical P/B Ratio of BITS Ltd

No data available

Company Fundamentals for BITS Ltd

Market Cap

137 Cr

EPS

0.2

P/E Ratio (TTM) *

56.0

P/B Ratio (TTM) *

6.9

Day’s High *

12.32

Day’s Low

12.32

DTE *

0.0

ROE *

12.1

52 Week High

12.32

52 Week Low

0.54

ROCE *

0.7

Share price Over Time

1M

1Y

3Y

5Y

Monitoring BITS Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 202412.32
17 Sep 202412.08
16 Sep 202411.85
13 Sep 202411.62
12 Sep 202411.4
11 Sep 202411.18
10 Sep 202410.97
09 Sep 202410.76
06 Sep 202410.56
05 Sep 202410.36

BlinkX Score for BITS Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of BITS Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
BITS Ltd6137
NIIT Ltd732,458
Aptech Ltd451,304
Zee Learn Ltd3298
Compucom Software Ltd17283
Jetking Infotrain Ltd6639

Key Valuation Metric of BITS Ltd

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 BITS Ltd

No data available

* All values are in crore

Historical Revenue of BITS Ltd

No data available

* All values are in crore

Historical EBITDA of BITS Ltd

No data available

* All values are in crore

Historical Net Profit of BITS Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

BITS Ltd News Hub

News

BITS to conduct AGM

BITS announced that the Annual General Meeting (AGM) of the company will be held on 22 Sep...

Read more

28 Aug 202412:11

News

BITS to table results

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

Read more

07 Aug 202414:02

News

BITS to declare Quarterly Result

BITS will hold a meeting of the Board of Directors of the Company on 29 May 2024 Powered b...

Read more

27 May 202411:44

News

BITS announces board meeting date

BITS will hold a meeting of the Board of Directors of the Company on 29 January 2024. Powe...

Read more

17 Jan 202409:47

News

BITS to hold board meeting

BITS will hold a meeting of the Board of Directors of the Company on 7 November 2023. Powe...

Read more

02 Nov 202320:22

News

BITS to convene board meeting

BITS will hold a meeting of the Board of Directors of the Company on 12 August 2023. Power...

Read more

08 Aug 202317:05

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FAQs for PB Ratio of BITS Ltd

What is the PB ratio of BITS Ltd?

The current PB ratio of BITS Ltd is 6.89. 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 BITS Ltd stocks?

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

The PB ratio of BITS 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 BITS Ltd?

A high PB ratio suggests that BITS 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 BITS Ltd?

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

Can BITS Ltd PB Ratio change over time?

Yes, the PB ratio of BITS 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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