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Deepak Nitrite Ltd PB Ratio

Deepak Nitrite Ltd PB Ratio

stocks purchased

₹ 0.7 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

2.6 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Deepak Nitrite Ltd

NSE: DEEPAKNTR

PB

8

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Deepak Nitrite Ltd is 8 as of 07 Nov 24.
  • The P/B Ratio of Deepak Nitrite Ltd changed from 9.2 on March 2022 to 6 on March 2024 . This represents a CAGR of -13.28% over 3 years. .

Historical P/B Ratio of Deepak Nitrite Ltd

No data available

Company Fundamentals for Deepak Nitrite Ltd

Market Cap

38,403 Cr

EPS

59.1

P/E Ratio (TTM) *

47.7

P/B Ratio (TTM) *

8.0

Day’s High *

2908.0

Day’s Low

2776.95

DTE *

0.1

ROE *

16.9

52 Week High

3168.65

52 Week Low

2022.8

ROCE *

21.9

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Deepak Nitrite 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 20242815.65
06 Nov 20242844.95
05 Nov 20242695.5
04 Nov 20242646.6
01 Nov 20242645.8
31 Oct 20242635.25
30 Oct 20242710.95
29 Oct 20242706
28 Oct 20242693.15
25 Oct 20242670.8

SWOT Analysis Of Deepak Nitrite Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Deepak Nitrite Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Deepak Nitrite Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Deepak Nitrite Ltd838,403
Pidilite Industries Ltd1691,60,445
SRF Ltd36670,370
Linde India Ltd39466,428
Gujarat Fluorochemicals Ltd54947,309
BASF India Ltd73636,040

Key Valuation Metric of Deepak Nitrite Ltd

Share Price

₹2,781

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 Deepak Nitrite Ltd

No data available

* All values are in crore

Historical Revenue of Deepak Nitrite Ltd

No data available

* All values are in crore

Historical EBITDA of Deepak Nitrite Ltd

No data available

* All values are in crore

Historical Net Profit of Deepak Nitrite Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Deepak Nitrite Ltd News Hub

News

Deepak Nitrite to convene board meeting

Deepak Nitrite will hold a meeting of the Board of Directors of the Company on 13 November...

Read more

25 Oct 202416:02

News

Deepak Nitrite gains after PAT climb 35% YoY to Rs 202 crore in Q1

Revenue from operation stood at Rs 2,166.84 crore in June 2024 quarter, up 22.54% from Rs ...

Read more

06 Aug 202410:12

News

Deepak Nitrite revises board meeting date

Deepak Nitrite has revised the meeting of the Board of Directors which was scheduled to be...

Read more

19 Jul 202410:53

News

Deepak Nitrite to conduct board meeting

Deepak Nitrite will hold a meeting of the Board of Directors of the Company on 6 August 20...

Read more

18 Jul 202409:47

News

Deepak Nitrite to convene AGM

Deepak Nitrite announced that the Annual General Meeting (AGM) of the company will be held...

Read more

15 Jul 202417:29

News

Board of Deepak Nitrite recommends final dividend

Deepak Nitrite announced that the Board of Directors of the Company at its meeting held on...

Read more

21 May 202409:54

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FAQs for PB Ratio of Deepak Nitrite Ltd

What is the PB ratio of Deepak Nitrite Ltd?

The current PB ratio of Deepak Nitrite Ltd is 8.01. 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 Deepak Nitrite Ltd stocks?

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

The PB ratio of Deepak Nitrite 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 Deepak Nitrite Ltd?

A high PB ratio suggests that Deepak Nitrite 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 Deepak Nitrite Ltd?

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

Can Deepak Nitrite Ltd PB Ratio change over time?

Yes, the PB ratio of Deepak Nitrite 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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