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Care Ratings Ltd PB Ratio

Care Ratings Ltd PB Ratio

stocks purchased

₹ 0.5 Cr

Volume transacted

stocks purchased

4.8 K

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Last Updated time: 18 Sep 9.00 AM

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CARE Ratings Ltd

NSE: CARERATING

PB

4.3

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of CARE Ratings Ltd is 4.3 as of 18 Sep 24.
  • The P/B Ratio of CARE Ratings Ltd changed from 2.3 on March 2022 to 4.7 on March 2024 . This represents a CAGR of 26.90% over 3 years. .

Historical P/B Ratio of CARE Ratings Ltd

No data available

Company Fundamentals for CARE Ratings Ltd

Market Cap

3,051 Cr

EPS

34.6

P/E Ratio (TTM) *

29.5

P/B Ratio (TTM) *

4.3

Day’s High *

1037.0

Day’s Low

1004.3

DTE *

0.0

ROE *

14.0

52 Week High

1265.0

52 Week Low

810.0

ROCE *

20.1

Share price Over Time

1M

1Y

3Y

5Y

Monitoring CARE Ratings 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 20241020.4
17 Sep 2024997.1
16 Sep 20241010.8
13 Sep 20241004.65
12 Sep 20241011.05
11 Sep 20241001.65
10 Sep 2024973.5
09 Sep 2024978.35
06 Sep 2024998
05 Sep 2024975.95

SWOT Analysis Of CARE Ratings Ltd

Strength

5

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for CARE Ratings Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of CARE Ratings Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
CARE Ratings Ltd43,051
CRISIL Ltd20134,254
ICRA Ltd7686,939

Key Valuation Metric of CARE Ratings 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 CARE Ratings Ltd

No data available

* All values are in crore

Historical Revenue of CARE Ratings Ltd

No data available

* All values are in crore

Historical EBITDA of CARE Ratings Ltd

No data available

* All values are in crore

Historical Net Profit of CARE Ratings Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

CARE Ratings Ltd News Hub

News

CARE Ratings to declare Quarterly Result

CARE Ratings will hold a meeting of the Board of Directors of the Company on 7 August 2024...

Read more

24 Jul 202409:45

News

Board of CARE Ratings recommends final dividend

CARE Ratings announced that the Board of Directors of the Company at its meeting held on 9...

Read more

10 May 202409:44

News

CARE Ratings to hold AGM

CARE Ratings announced that the 31th Annual General Meeting(AGM) of the company will be he...

Read more

10 May 202409:44

News

CARE ESG Ratings receives SEBI nod to offer ESG ratings

CARE ESG Ratings (CareEdge-ESG) (formerly known as CARE Advisory Research & Training Limit...

Read more

03 May 202412:27

News

CARE Ratings to announce Quarterly Result

CARE Ratings will hold a meeting of the Board of Directors of the Company on 9 May 2024. P...

Read more

24 Apr 202411:32

News

CARE Ratings allots 15,801 equity shares under ESOS

CARE Ratings has allotted 15,801 equity shares under ESOS on 12 April 2024. The paid up eq...

Read more

12 Apr 202413:25

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FAQs for PB Ratio of CARE Ratings Ltd

What is the PB ratio of CARE Ratings Ltd?

The current PB ratio of CARE Ratings Ltd is 4.25. 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 CARE Ratings Ltd stocks?

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

The PB ratio of CARE Ratings 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 CARE Ratings Ltd?

A high PB ratio suggests that CARE Ratings 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 CARE Ratings Ltd?

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

Can CARE Ratings Ltd PB Ratio change over time?

Yes, the PB ratio of CARE Ratings 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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