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Bluechip Tex Industries Ltd PB Ratio

Bluechip Tex Industries Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.1 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Bluechip Tex Industries Ltd

NSE: BLUECHIPTEXIND

PB

1.2

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Bluechip Tex Industries Ltd is 1.2 as of 07 Nov 24.
  • The P/B Ratio of Bluechip Tex Industries Ltd changed from 1.1 on March 2022 to 1.3 on March 2024 . This represents a CAGR of 5.73% over 3 years. .

Historical P/B Ratio of Bluechip Tex Industries Ltd

No data available

Company Fundamentals for Bluechip Tex Industries Ltd

Market Cap

31 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

1.2

Day’s High *

159.0

Day’s Low

159.0

DTE *

0.1

ROE *

-6.7

52 Week High

225.85

52 Week Low

135.0

ROCE *

-7.0

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Bluechip Tex Industries 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 2024159.05
06 Nov 2024162.7
05 Nov 2024157
04 Nov 2024159.9
01 Nov 2024162.45
31 Oct 2024159.15
30 Oct 2024151
29 Oct 2024149.3
28 Oct 2024149.3
25 Oct 2024149.3

BlinkX Score for Bluechip Tex Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Bluechip Tex Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Bluechip Tex Industries Ltd131
Grasim Industries Ltd7951,72,288
Trident Ltd717,342
Welspun Living Ltd3715,797
Vardhman Textiles Ltd31513,999
Raymond Lifestyle Ltd37813,312

Key Valuation Metric of Bluechip Tex Industries Ltd

Share Price

₹159

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 Bluechip Tex Industries Ltd

No data available

* All values are in crore

Historical Revenue of Bluechip Tex Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Bluechip Tex Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Bluechip Tex Industries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Bluechip Tex Industries Ltd News Hub

News

Bluechip Tex Industries to announce Quarterly Result

Bluechip Tex Industries will hold a meeting of the Board of Directors of the Company on 6 ...

Read more

31 Oct 202411:51

News

Board of Bluechip Tex Industries recommends final dividend

Bluechip Tex Industries announced that the Board of Directors of the Company at its meetin...

Read more

07 Aug 202417:45

News

Bluechip Tex Industries to hold AGM

Bluechip Tex Industries announced that the 39th Annual General Meeting (AGM) of the compan...

Read more

07 Aug 202417:45

News

Bluechip Tex Industries to announce Quarterly Result

Bluechip Tex Industries will hold a meeting of the Board of Directors of the Company on 7 ...

Read more

31 Jul 202411:19

News

Bluechip Tex Industries to discuss results

Bluechip Tex Industries will hold a meeting of the Board of Directors of the Company on 29...

Read more

20 May 202416:32

News

Bluechip Tex Industries schedules board meeting

Bluechip Tex Industries will hold a meeting of the Board of Directors of the Company on 5 ...

Read more

29 Feb 202410:36

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Bluechip Tex Industries Ltd

What is the PB ratio of Bluechip Tex Industries Ltd?

The current PB ratio of Bluechip Tex Industries Ltd is 1.17. 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 Bluechip Tex Industries Ltd stocks?

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

The PB ratio of Bluechip Tex Industries 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 Bluechip Tex Industries Ltd?

A high PB ratio suggests that Bluechip Tex Industries 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 Bluechip Tex Industries Ltd?

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

Can Bluechip Tex Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Bluechip Tex Industries 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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