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PB Ratio of Deepak Nitrite Ltd

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Deepak Nitrite Ltd

NSE: DEEPAKNTR

PB Ratio

7

Last updated on: Dec 20, 2024

Key Highlights

  • The latest PB Ratio of Deepak Nitrite Ltd is 7.
  • The PB ratio of the Deepak Nitrite Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Deepak Nitrite Ltd changed from 3.5 on March 2019 to 6 on March 2024 . This represents a CAGR of 9.40% over 6 years.

Historical P/B Ratio of Deepak Nitrite Ltd

No data available

Company Fundamentals for Deepak Nitrite Ltd

Market Cap

35,407 Cr

EPS

58.3

P/E Ratio (TTM)

44.6

P/B Ratio (TTM)

7.0

Day’s High

2664.15

Day’s Low

2586.75

DTE

0.2

ROE

16.8

52 Week High

3168.65

52 Week Low

2022.8

ROCE

19.9

Market Price of Deepak Nitrite Ltd

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
20 Dec 20242596
19 Dec 20242639.15
18 Dec 20242632.05
17 Dec 20242657.75
16 Dec 20242691.35

SWOT Analysis Of Deepak Nitrite Ltd

Strength

2

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Deepak Nitrite Ltd

Asset Value vs Market Value of Deepak Nitrite Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Deepak Nitrite Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Deepak Nitrite Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 6.96. 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.
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