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Creative Castings Ltd PB Ratio

Creative Castings Ltd PB Ratio

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Last Updated time: 18 Sep 9.00 AM

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Creative Castings Ltd

NSE: CREATIVECASTING

PB

3

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Creative Castings Ltd is 3 as of 18 Sep 24.
  • The P/B Ratio of Creative Castings Ltd changed from 1.6 on March 2022 to 1.7 on March 2023 . This represents a CAGR of 3.08% over 2 years. .

Historical P/B Ratio of Creative Castings Ltd

No data available

Company Fundamentals for Creative Castings Ltd

Market Cap

117 Cr

EPS

38.2

P/E Ratio (TTM) *

23.7

P/B Ratio (TTM) *

3.0

Day’s High *

926.9

Day’s Low

890.0

DTE *

0.0

ROE *

13.0

52 Week High

1040.0

52 Week Low

622.35

ROCE *

16.7

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Creative Castings 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 2024906
17 Sep 2024913.45
16 Sep 2024915.25
13 Sep 2024900.35
12 Sep 2024943.6
11 Sep 2024877.25
10 Sep 2024867.4
09 Sep 2024860.15
06 Sep 2024860.85
05 Sep 2024855.7

SWOT Analysis Of Creative Castings Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Creative Castings Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Creative Castings Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Creative Castings Ltd3117
Bharat Forge Ltd18473,391
AIA Engineering Ltd68440,605
CIE Automotive India Ltd13421,853
PTC Industries Ltd88021,236
Ramkrishna Forgings Ltd14718,475

Key Valuation Metric of Creative Castings 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 Creative Castings Ltd

No data available

* All values are in crore

Historical Revenue of Creative Castings Ltd

No data available

* All values are in crore

Historical EBITDA of Creative Castings Ltd

No data available

* All values are in crore

Historical Net Profit of Creative Castings Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Creative Castings Ltd News Hub

News

Creative Castings to hold AGM

Creative Castings announced that the 39th Annual General Meeting (AGM) of the company will...

Read more

12 Aug 202415:30

News

Creative Castings to conduct AGM

Creative Castings announced that the 39th Annual General Meeting (AGM) of the company will...

Read more

10 Aug 202414:39

News

Board of Creative Castings recommends final dividend

Creative Castings announced that the Board of Directors of the Company at its meeting held...

Read more

10 Aug 202414:39

News

Creative Castings to hold board meeting

Creative Castings will hold a meeting of the Board of Directors of the Company on 10 Augus...

Read more

06 Aug 202411:36

News

Creative Castings to hold board meeting

Creative Castings will hold a meeting of the Board of Directors of the Company on 25 May 2...

Read more

16 May 202415:51

News

Creative Castings to hold board meeting

Creative Castings will hold a meeting of the Board of Directors of the Company on 10 Febru...

Read more

05 Feb 202411:17

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FAQs for PB Ratio of Creative Castings Ltd

What is the PB ratio of Creative Castings Ltd?

The current PB ratio of Creative Castings Ltd is 3.02. 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 Creative Castings Ltd stocks?

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

The PB ratio of Creative Castings 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 Creative Castings Ltd?

A high PB ratio suggests that Creative Castings 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 Creative Castings Ltd?

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

Can Creative Castings Ltd PB Ratio change over time?

Yes, the PB ratio of Creative Castings 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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