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Creditaccess Grameen Ltd PB Ratio

Creditaccess Grameen Ltd PB Ratio

stocks purchased

₹ 1.4 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

14.6 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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CreditAccess Grameen Ltd

NSE: CREDITACC

PB

2.2

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of CreditAccess Grameen Ltd is 2.2 as of 07 Nov 24.
  • The P/B Ratio of CreditAccess Grameen Ltd changed from 3.2 on March 2022 to 3.5 on March 2024 . This represents a CAGR of 3.03% over 3 years. .

Historical P/B Ratio of CreditAccess Grameen Ltd

No data available

Company Fundamentals for CreditAccess Grameen Ltd

Market Cap

15,097 Cr

EPS

83.7

P/E Ratio (TTM) *

11.3

P/B Ratio (TTM) *

2.2

Day’s High *

965.5

Day’s Low

944.1

DTE *

2.7

ROE *

19.1

52 Week High

1794.4

52 Week Low

910.85

ROCE *

14.2

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring CreditAccess Grameen 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 2024946.75
06 Nov 2024949.35
05 Nov 2024927.65
04 Nov 2024954.2
01 Nov 2024997.9
31 Oct 2024981.7
30 Oct 2024983.85
29 Oct 2024939.3
28 Oct 2024958.15
25 Oct 2024982.4

SWOT Analysis Of CreditAccess Grameen Ltd

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for CreditAccess Grameen Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of CreditAccess Grameen Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of CreditAccess Grameen Ltd

Share Price

₹947

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 CreditAccess Grameen Ltd

No data available

* All values are in crore

Historical Revenue of CreditAccess Grameen Ltd

No data available

* All values are in crore

Historical EBITDA of CreditAccess Grameen Ltd

No data available

* All values are in crore

Historical Net Profit of CreditAccess Grameen Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

CreditAccess Grameen Ltd News Hub

News

CreditAccess Grameen schedules board meeting

CreditAccess Grameen will hold a meeting of the Board of Directors of the Company on 25 Oc...

Read more

16 Oct 202414:44

News

CreditAccess Grameen allots 3,614 equity shares under ESOP

CreditAccess Grameen has allotted 3,614 equity shares under ESOP on 07 October 2024. Power...

Read more

07 Oct 202419:07

News

CreditAccess Grameen allots 9,751 equity shares under ESOP

CreditAccess Grameen has allotted 9,751 equity shares under ESOP on 24 September 2024. Pow...

Read more

24 Sep 202418:52

News

CreditAccess Grameen allots 1,987 equity shares under ESOP

CreditAccess Grameen has allotted 1,987 equity shares under ESOP on 21 August 2024. Powere...

Read more

21 Aug 202414:49

News

CreditAccess Grameen CFO resigns

CreditAccess Grameen announced that S. Balakrishna Kamath has resigned as Chief Financial ...

Read more

01 Aug 202419:42

News

CreditAccess Grameen schedules board meeting

CreditAccess Grameen will hold a meeting of the Board of Directors of the Company on 19 Ju...

Read more

11 Jul 202409:30

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FAQs for PB Ratio of CreditAccess Grameen Ltd

What is the PB ratio of CreditAccess Grameen Ltd?

The current PB ratio of CreditAccess Grameen Ltd is 2.16. 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 CreditAccess Grameen Ltd stocks?

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

The PB ratio of CreditAccess Grameen 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 CreditAccess Grameen Ltd?

A high PB ratio suggests that CreditAccess Grameen 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 CreditAccess Grameen Ltd?

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

Can CreditAccess Grameen Ltd PB Ratio change over time?

Yes, the PB ratio of CreditAccess Grameen 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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