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PB Ratio of Confidence Petroleum India Ltd

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Confidence Petroleum India Ltd

NSE: CONFIPET

PB Ratio

1.8

Last updated on: Dec 26, 2024

Key Highlights

  • The latest PB Ratio of Confidence Petroleum India Ltd is 1.8.
  • The PB ratio of the Confidence Petroleum India Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Confidence Petroleum India Ltd changed from 2.8 on March 2019 to 2.3 on March 2024 . This represents a CAGR of -3.23% over 6 years.

Historical P/B Ratio of Confidence Petroleum India Ltd

No data available

Company Fundamentals for Confidence Petroleum India Ltd

Market Cap

2,304 Cr

EPS

2.2

P/E Ratio (TTM)

33.1

P/B Ratio (TTM)

1.8

Day’s High

73.5

Day’s Low

70.91

DTE

0.6

ROE

5.4

52 Week High

119.95

52 Week Low

62.65

ROCE

8.8

Market Price of Confidence Petroleum India Ltd

1M

1Y

3Y

5Y

Monitoring Confidence Petroleum India 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
26 Dec 202471.18
24 Dec 202471.6
23 Dec 202471.88
20 Dec 202472.11
19 Dec 202472.93

SWOT Analysis Of Confidence Petroleum India Ltd

Strength

3

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Confidence Petroleum India Ltd

Asset Value vs Market Value of Confidence Petroleum India Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Confidence Petroleum India Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Confidence Petroleum India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Confidence Petroleum India Ltd

What is the PB ratio of Confidence Petroleum India Ltd?

The current PB ratio of Confidence Petroleum India Ltd is 1.8. 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 Confidence Petroleum India Ltd stocks?

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

The PB ratio of Confidence Petroleum India 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 Confidence Petroleum India Ltd?

A high PB ratio suggests that Confidence Petroleum India 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 Confidence Petroleum India Ltd?

A low PB ratio of Confidence Petroleum India Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Confidence Petroleum India Ltd PB Ratio change over time?

Yes, the PB ratio of Confidence Petroleum India Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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