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Candour Techtex Ltd PB Ratio

Candour Techtex Ltd PB Ratio

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₹ 0.3 Cr

Volume transacted

stocks purchased

49.4 K

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Last Updated time: 18 Sep 9.00 AM

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Candour Techtex Ltd

NSE: CANDOURTECHTEX

PB

3.8

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Candour Techtex Ltd is 3.8 as of 18 Sep 24.
  • The P/B Ratio of Candour Techtex Ltd changed from 2.7 on March 2022 to 2.3 on March 2024 . This represents a CAGR of -5.20% over 3 years. .

Historical P/B Ratio of Candour Techtex Ltd

No data available

Company Fundamentals for Candour Techtex Ltd

Market Cap

103 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

3.8

Day’s High *

62.2

Day’s Low

58.58

DTE *

1.4

ROE *

-3.8

52 Week High

62.2

52 Week Low

31.07

ROCE *

1.7

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Candour Techtex 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 202461.22
17 Sep 202460.56
16 Sep 202460.01
13 Sep 202458.34
12 Sep 202457.82
11 Sep 202457.26
10 Sep 202456.87
09 Sep 202455.75
06 Sep 202455.55
05 Sep 202456.4

SWOT Analysis Of Candour Techtex Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Candour Techtex Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Candour Techtex Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Candour Techtex Ltd3103
Adani Enterprises Ltd1463,36,768
Aegis Logistics Ltd6727,073
Cello World Ltd6519,436
Honasa Consumer Ltd3415,275
Redington Ltd4614,908

Key Valuation Metric of Candour Techtex 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 Candour Techtex Ltd

No data available

* All values are in crore

Historical Revenue of Candour Techtex Ltd

No data available

* All values are in crore

Historical EBITDA of Candour Techtex Ltd

No data available

* All values are in crore

Historical Net Profit of Candour Techtex Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Candour Techtex Ltd News Hub

News

Candour Techtex to discuss results

Candour Techtex will hold a meeting of the Board of Directors of the Company on 12 August ...

Read more

10 Aug 202416:56

News

Candour Techtex to discuss results

Candour Techtex will hold a meeting of the Board of Directors of the Company on 30 May 202...

Read more

28 May 202415:38

News

Candour Techtex to conduct board meeting

Candour Techtex will hold a meeting of the Board of Directors of the Company on 13 Februar...

Read more

07 Feb 202416:32

News

Candour Techtex to table results

Candour Techtex will hold a meeting of the Board of Directors of the Company on 10 Novembe...

Read more

06 Nov 202311:10

News

Candour Techtex to convene AGM

Candour Techtex announced that the 37th Annual General Meeting (AGM) of the company will b...

Read more

13 Sep 202312:13

News

Candour Techtex to hold board meeting

Candour Techtex will hold a meeting of the Board of Directors of the Company on 14 August ...

Read more

09 Aug 202311:43

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FAQs for PB Ratio of Candour Techtex Ltd

What is the PB ratio of Candour Techtex Ltd?

The current PB ratio of Candour Techtex Ltd is 3.75. 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 Candour Techtex Ltd stocks?

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

The PB ratio of Candour Techtex 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 Candour Techtex Ltd?

A high PB ratio suggests that Candour Techtex 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 Candour Techtex Ltd?

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

Can Candour Techtex Ltd PB Ratio change over time?

Yes, the PB ratio of Candour Techtex 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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