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Credent Global Finance Ltd PB Ratio

Credent Global Finance Ltd PB Ratio

stocks purchased

₹ 0.8 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

264.4 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Credent Global Finance Ltd

NSE: CGFL

PB

2.1

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Credent Global Finance Ltd is 2.1 as of 07 Nov 24.
  • The P/B Ratio of Credent Global Finance Ltd changed from 3.5 on March 2022 to 2.1 on March 2024 . This represents a CAGR of -15.66% over 3 years. .

Historical P/B Ratio of Credent Global Finance Ltd

No data available

Company Fundamentals for Credent Global Finance Ltd

Market Cap

152 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

2.1

Day’s High *

32.19

Day’s Low

27.1

DTE *

0.3

ROE *

1.8

52 Week High

33.73

52 Week Low

21.25

ROCE *

2.6

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Credent Global Finance 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 202429.57
06 Nov 202426.83
05 Nov 202425.07
04 Nov 202425.17
01 Nov 202425.68
31 Oct 202425.1
30 Oct 202425.35
29 Oct 202425.05
28 Oct 202424.65
25 Oct 202424.7

SWOT Analysis Of Credent Global Finance Ltd

Strength

1

S

Weakness

2

W

Opportunity

1

O

Threats

0

T

BlinkX Score for Credent Global Finance Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Credent Global Finance Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Credent Global Finance Ltd

Share Price

₹30

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 Credent Global Finance Ltd

No data available

* All values are in crore

Historical Revenue of Credent Global Finance Ltd

No data available

* All values are in crore

Historical EBITDA of Credent Global Finance Ltd

No data available

* All values are in crore

Historical Net Profit of Credent Global Finance Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Credent Global Finance Ltd News Hub

News

Credent Global Finance AGM scheduled

Credent Global Finance announced that the Annual General Meeting (AGM) of the company will...

Read more

19 Sep 202410:02

News

Credent Global Finance to convene board meeting

Credent Global Finance will hold a meeting of the Board of Directors of the Company on 6 S...

Read more

04 Sep 202410:20

News

Credent Global Finance schedules board meeting

Credent Global Finance will hold a meeting of the Board of Directors of the Company on 26 ...

Read more

20 Aug 202416:20

News

Credent Global Finance to conduct board meeting

Credent Global Finance will hold a meeting of the Board of Directors of the Company on 14 ...

Read more

10 Aug 202411:09

News

Credent Global Finance to discuss results

Credent Global Finance will hold a meeting of the Board of Directors of the Company on 30 ...

Read more

29 May 202412:34

News

Credent Global Finance to discuss results

Credent Global Finance will hold a meeting of the Board of Directors of the Company on 14 ...

Read more

09 Feb 202413:57

Document

Annual Reports

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Credit Ratings

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Concalls

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FAQs for PB Ratio of Credent Global Finance Ltd

What is the PB ratio of Credent Global Finance Ltd?

The current PB ratio of Credent Global Finance Ltd is 2.09. 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 Credent Global Finance Ltd stocks?

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

The PB ratio of Credent Global Finance 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 Credent Global Finance Ltd?

A high PB ratio suggests that Credent Global Finance 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 Credent Global Finance Ltd?

A low PB ratio of Credent Global Finance Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Credent Global Finance Ltd PB Ratio change over time?

Yes, the PB ratio of Credent Global Finance 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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