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Comrade Appliances Ltd PB Ratio

Comrade Appliances Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

2.0 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Comrade Appliances Ltd

NSE: ComradeApplian.

PB

5.6

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Comrade Appliances Ltd is 5.6 as of 07 Nov 24.
  • The P/B Ratio of Comrade Appliances Ltd changed from 3.4 on March 2024 to 3.4 on March 2024 . This represents a CAGR of 0.00% over 1 years. .

Historical P/B Ratio of Comrade Appliances Ltd

No data available

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Comrade Appliances 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 2024125.15
06 Nov 2024126.25
05 Nov 2024123.3
04 Nov 2024126
01 Nov 2024127
31 Oct 2024125
30 Oct 2024124
29 Oct 2024125
28 Oct 2024123
25 Oct 2024129

SWOT Analysis Of Comrade Appliances Ltd

Strength

0

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Comrade Appliances Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Comrade Appliances Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Comrade Appliances Ltd

Share Price

₹125

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 Comrade Appliances Ltd

No data available

* All values are in crore

Historical Revenue of Comrade Appliances Ltd

No data available

* All values are in crore

Historical EBITDA of Comrade Appliances Ltd

No data available

* All values are in crore

Historical Net Profit of Comrade Appliances Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Comrade Appliances Ltd News Hub

News

Comrade Appliances to conduct AGM

Comrade Appliances announced that the Annual General Meeting (AGM) of the company will be ...

Read more

18 Sep 202411:07

News

Comrade Appliances to convene AGM

Comrade Appliances announced that the Annual General Meeting (AGM) of the company will be ...

Read more

17 Sep 202417:17

News

Comrade Appliances to hold EGM

Comrade Appliances announced that an Extra Ordinary General Meeting (EGM) of the Company w...

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10 Jun 202417:36

News

Comrade Appliances to discuss results

Comrade Appliances will hold a meeting of the Board of Directors of the Company on 30 May ...

Read more

24 May 202412:59

News

Comrade Appliances postpones board meeting

Comrade Appliances has postponed the meeting of the Board of Directors which was scheduled...

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27 Jan 202417:21

News

Comrade Appliances to hold board meeting

Comrade Appliances will hold a meeting of the Board of Directors of the Company on 25 Janu...

Read more

22 Jan 202412:01

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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 Comrade Appliances Ltd

What is the PB ratio of Comrade Appliances Ltd?

The current PB ratio of Comrade Appliances Ltd is 0.0. 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 Comrade Appliances Ltd stocks?

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

The PB ratio of Comrade Appliances 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 Comrade Appliances Ltd?

A high PB ratio suggests that Comrade Appliances 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 Comrade Appliances Ltd?

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

Can Comrade Appliances Ltd PB Ratio change over time?

Yes, the PB ratio of Comrade Appliances 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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