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Cil Nova Petrochemicals Ltd PB Ratio

Cil Nova Petrochemicals Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 12, 2024)

stocks purchased

2.5 K

Stocks Traded

(Nov 12, 2024)

Last Updated on: Nov 13, 2024

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CIL Nova Petrochemicals Ltd

NSE: CNOVAPETRO

PB

2.8

Last updated on: Nov 12, 2024

Key Highlights

  • The P/B Ratio of CIL Nova Petrochemicals Ltd is 2.8 as of 12 Nov 24.
  • The P/B Ratio of CIL Nova Petrochemicals Ltd changed from 1.2 on March 2022 to 0.9 on March 2024 . This represents a CAGR of -9.14% over 3 years. .

Historical P/B Ratio of CIL Nova Petrochemicals Ltd

No data available

Company Fundamentals for CIL Nova Petrochemicals Ltd

Market Cap

247 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

2.8

Day’s High *

91.32

Day’s Low

91.3

DTE *

1.1

ROE *

-2.1

52 Week High

103.32

52 Week Low

25.02

ROCE *

-0.8

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring CIL Nova Petrochemicals 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
12 Nov 202491.3
11 Nov 202493.16
08 Nov 202495.06
07 Nov 202497
06 Nov 202498.25
05 Nov 202496.33
04 Nov 202494.45
31 Oct 202492.6
30 Oct 202491.54
29 Oct 202493.4

BlinkX Score for CIL Nova Petrochemicals Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of CIL Nova Petrochemicals Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
CIL Nova Petrochemicals Ltd2247
Grasim Industries Ltd7911,69,442
Trident Ltd716,674
Welspun Living Ltd3814,995
Vardhman Textiles Ltd31614,012
Raymond Lifestyle Ltd38613,375

Key Valuation Metric of CIL Nova Petrochemicals Ltd

Share Price

₹91

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 CIL Nova Petrochemicals Ltd

No data available

* All values are in crore

Historical Revenue of CIL Nova Petrochemicals Ltd

No data available

* All values are in crore

Historical EBITDA of CIL Nova Petrochemicals Ltd

No data available

* All values are in crore

Historical Net Profit of CIL Nova Petrochemicals Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

CIL Nova Petrochemicals Ltd News Hub

News

CIL Nova Petrochemicals to table results

CIL Nova Petrochemicals will hold a meeting of the Board of Directors of the Company on 26...

Read more

19 Oct 202410:14

News

CIL Nova Petrochemicals to hold board meeting

CIL Nova Petrochemicals will hold a meeting of the Board of Directors of the Company on 15...

Read more

17 Oct 202410:27

News

CIL Nova Petrochemicals AGM scheduled

CIL Nova Petrochemicals announced that the 20th Annual General Meeting (AGM) of the compan...

Read more

18 Sep 202410:59

News

CIL Nova Petrochemicals to convene board meeting

CIL Nova Petrochemicals will hold a meeting of the Board of Directors of the Company on 4 ...

Read more

31 Aug 202410:42

News

CIL Nova Petrochemicals to hold board meeting

CIL Nova Petrochemicals will hold a meeting of the Board of Directors of the Company on 14...

Read more

08 Aug 202410:59

News

CIL Nova Petrochemicals announces board meeting date

CIL Nova Petrochemicals will hold a meeting of the Board of Directors of the Company on 29...

Read more

25 May 202414:35

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Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of CIL Nova Petrochemicals Ltd

What is the PB ratio of CIL Nova Petrochemicals Ltd?

The current PB ratio of CIL Nova Petrochemicals Ltd is 2.79. 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 CIL Nova Petrochemicals Ltd stocks?

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

The PB ratio of CIL Nova Petrochemicals 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 CIL Nova Petrochemicals Ltd?

A high PB ratio suggests that CIL Nova Petrochemicals 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 CIL Nova Petrochemicals Ltd?

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

Can CIL Nova Petrochemicals Ltd PB Ratio change over time?

Yes, the PB ratio of CIL Nova Petrochemicals 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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