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Confidence Petroleum India Ltd PB Ratio

Confidence Petroleum India Ltd PB Ratio

stocks purchased

₹ 0.7 Cr

Volume Transacted

(Nov 13, 2024)

stocks purchased

105.7 K

Stocks Traded

(Nov 13, 2024)

Last Updated on: Nov 14, 2024

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Confidence Petroleum India Ltd

NSE: CONFIPET

PB

1.8

Last updated on: Nov 13, 2024

Key Highlights

  • The P/B Ratio of Confidence Petroleum India Ltd is 1.8 as of 13 Nov 24.
  • The P/B Ratio of Confidence Petroleum India Ltd changed from 2.6 on March 2022 to 2.3 on March 2024 . This represents a CAGR of -4.00% over 3 years. .

Historical P/B Ratio of Confidence Petroleum India Ltd

No data available

Company Fundamentals for Confidence Petroleum India Ltd

Market Cap

2,249 Cr

EPS

2.2

P/E Ratio (TTM) *

32.2

P/B Ratio (TTM) *

1.8

Day’s High *

74.86

Day’s Low

70.61

DTE *

0.6

ROE *

5.4

52 Week High

119.95

52 Week Low

62.65

ROCE *

8.8

Market Price Over Time

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
13 Nov 202470.85
12 Nov 202475.1
11 Nov 202475.4
08 Nov 202476.16
07 Nov 202477.56
06 Nov 202477.88
05 Nov 202477.16
04 Nov 202477.27
01 Nov 202478.89
31 Oct 202477.87

SWOT Analysis Of Confidence Petroleum India Ltd

Strength

3

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Confidence Petroleum India Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Confidence Petroleum India Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Confidence Petroleum India Ltd12,249
GMR Airports Infrastructure Ltd4580,227
SJVN Ltd3740,968
Godrej Agrovet Ltd12113,531
Sagility India Ltd2113,393
Rites Ltd5112,962

Key Valuation Metric of Confidence Petroleum India Ltd

Share Price

₹71

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 Confidence Petroleum India Ltd

No data available

* All values are in crore

Historical Revenue of Confidence Petroleum India Ltd

No data available

* All values are in crore

Historical EBITDA of Confidence Petroleum India Ltd

No data available

* All values are in crore

Historical Net Profit of Confidence Petroleum India Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Confidence Petroleum India Ltd News Hub

News

Confidence Petroleum India announces board meeting date

Confidence Petroleum India will hold a meeting of the Board of Directors of the Company on...

Read more

11 Nov 202410:41

News

Confidence Petroleum India to hold AGM

Confidence Petroleum India announced that the Annual General Meeting (AGM) of the company ...

Read more

11 Sep 202410:33

News

Confidence Petroleum India schedules AGM

Confidence Petroleum India announced that the Annual General Meeting (AGM) of the company ...

Read more

11 Sep 202410:27

News

Confidence Petroleum India schedules board meeting

Confidence Petroleum India will hold a meeting of the Board of Directors of the Company on...

Read more

06 Aug 202416:44

News

Confidence Petroleum commissions 13 more Auto LPG Dispensing Stations

Confidence Petroleum India has commissioned (13) thirteen additional Auto LPG Dispensing S...

Read more

06 Aug 202410:56

News

Confidence Petroleum India allots 40 lakh equity shares on conversion of warrants

Confidence Petroleum India has allotted 40,09,000 equity shares on conversion of warrants....

Read more

22 Jun 202413:03

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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 Confidence Petroleum India Ltd

What is the PB ratio of Confidence Petroleum India Ltd?

The current PB ratio of Confidence Petroleum India Ltd is 1.76. 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.
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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