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Creative Newtech Ltd PB Ratio

Creative Newtech Ltd PB Ratio

stocks purchased

₹ 19.6 Cr

Volume Transacted

()

stocks purchased

196.8 K

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Last Updated on: Nov 08, 2024

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Creative Newtech Ltd

NSE: CREATIVE

PB

5.8

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Creative Newtech Ltd is 5.8 as of 07 Nov 24.
  • The P/B Ratio of Creative Newtech Ltd changed from 10.8 on March 2022 to 4.9 on March 2024 . This represents a CAGR of -23.16% over 3 years. .

Historical P/B Ratio of Creative Newtech Ltd

No data available

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Creative Newtech 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 2024995.7
06 Nov 2024917.15
05 Nov 2024906.1
04 Nov 2024895.35
01 Nov 2024892.5
31 Oct 2024881.75
30 Oct 2024849.3
29 Oct 2024841.85
28 Oct 2024826
25 Oct 2024826.35

SWOT Analysis Of Creative Newtech Ltd

Strength

3

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Creative Newtech Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Creative Newtech Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Creative Newtech Ltd51,405
Zomato Ltd272,25,459
Info Edge (India) Ltd19661,02,425
FSN E-Commerce Ventures Ltd554,764
One 97 Communications Ltd20150,671
TBO Tek Ltd6518,182

Key Valuation Metric of Creative Newtech Ltd

Share Price

₹996

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 Creative Newtech Ltd

No data available

* All values are in crore

Historical Revenue of Creative Newtech Ltd

No data available

* All values are in crore

Historical EBITDA of Creative Newtech Ltd

No data available

* All values are in crore

Historical Net Profit of Creative Newtech Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Creative Newtech Ltd News Hub

News

Creative Newtech to discuss results

Creative Newtech will hold a meeting of the Board of Directors of the Company on 29 Octobe...

Read more

23 Oct 202416:03

News

Creative Newtech AGM scheduled

Creative Newtech announced that the 20th Annual General Meeting (AGM) of the company will ...

Read more

13 Aug 202414:32

News

Creative Newtech to convene board meeting

Creative Newtech will hold a meeting of the Board of Directors of the Company on 12 August...

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10 Aug 202414:11

News

Board of Creative Newtech recommends final dividend

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

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16 May 202417:50

News

Creative Newtech to discuss results

Creative Newtech will hold a meeting of the Board of Directors of the Company on 16 May 20...

Read more

10 May 202416:03

News

Creative Newtech schedules board meeting

Creative Newtech will hold a meeting of the Board of Directors of the Company on 11 March ...

Read more

09 Mar 202409:36

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Concalls

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FAQs for PB Ratio of Creative Newtech Ltd

What is the PB ratio of Creative Newtech Ltd?

The current PB ratio of Creative Newtech Ltd is 5.83. 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 Newtech Ltd stocks?

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

The PB ratio of Creative Newtech 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 Newtech Ltd?

A high PB ratio suggests that Creative Newtech 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 Newtech Ltd?

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

Can Creative Newtech Ltd PB Ratio change over time?

Yes, the PB ratio of Creative Newtech 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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