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Dev Labtech Venture Ltd PB Ratio

Dev Labtech Venture Ltd PB Ratio

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₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

5.0 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Dev Labtech Venture Ltd

NSE: DEVLAB

PB

3.3

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Dev Labtech Venture Ltd is 3.3 as of 07 Nov 24.
  • The P/B Ratio of Dev Labtech Venture Ltd changed from 2.2 on March 2023 to 4.1 on March 2024 . This represents a CAGR of 36.52% over 2 years. .

Historical P/B Ratio of Dev Labtech Venture Ltd

No data available

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Dev Labtech Venture 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 202488.95
05 Nov 202485
04 Nov 202480.55
01 Nov 202481.55
30 Oct 202483
29 Oct 202482.8
28 Oct 202480.85
25 Oct 202485.5
24 Oct 202490
23 Oct 202495.67

SWOT Analysis Of Dev Labtech Venture Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Dev Labtech Venture Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Dev Labtech Venture Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Dev Labtech Venture Ltd

Share Price

₹84

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 Dev Labtech Venture Ltd

No data available

* All values are in crore

Historical Revenue of Dev Labtech Venture Ltd

No data available

* All values are in crore

Historical EBITDA of Dev Labtech Venture Ltd

No data available

* All values are in crore

Historical Net Profit of Dev Labtech Venture Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Dev Labtech Venture Ltd News Hub

News

Dev Labtech Ventures to declare Quarterly Result

Dev Labtech Ventures will hold a meeting of the Board of Directors of the Company on 25 Oc...

Read more

22 Oct 202411:02

News

Dev Labtech Ventures schedules board meeting

Dev Labtech Ventures will hold a meeting of the Board of Directors of the Company on 23 Se...

Read more

18 Sep 202411:30

News

Dev Labtech Ventures schedules AGM

Dev Labtech Ventures announced that the Annual General Meeting (AGM) of the company will b...

Read more

13 Sep 202411:49

News

Dev Labtech Ventures to conduct AGM

Dev Labtech Ventures announced that the Annual General Meeting (AGM) of the company will b...

Read more

13 Sep 202411:40

News

Dev Labtech Ventures schedules board meeting

Dev Labtech Ventures will hold a meeting of the Board of Directors of the Company on 3 Sep...

Read more

30 Aug 202411:52

News

Dev Labtech Ventures to hold board meeting

Dev Labtech Ventures will hold a meeting of the Board of Directors of the Company on 8 Aug...

Read more

06 Aug 202417:05

Document

Annual Reports

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Concalls

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FAQs for PB Ratio of Dev Labtech Venture Ltd

What is the PB ratio of Dev Labtech Venture Ltd?

The current PB ratio of Dev Labtech Venture Ltd is 0.0. 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 Dev Labtech Venture Ltd stocks?

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

The PB ratio of Dev Labtech Venture 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 Dev Labtech Venture Ltd?

A high PB ratio suggests that Dev Labtech Venture 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 Dev Labtech Venture Ltd?

A low PB ratio of Dev Labtech Venture Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Dev Labtech Venture Ltd PB Ratio change over time?

Yes, the PB ratio of Dev Labtech Venture 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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