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Dhanlaxmi Bank Ltd PB Ratio

Dhanlaxmi Bank Ltd PB Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

41.5 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Dhanlaxmi Bank Ltd

NSE: DHANBANK

PB

1

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Dhanlaxmi Bank Ltd is 1 as of 07 Nov 24.
  • The P/B Ratio of Dhanlaxmi Bank Ltd changed from 0.4 on March 2022 to 1.2 on March 2024 . This represents a CAGR of 44.22% over 3 years. .

Historical P/B Ratio of Dhanlaxmi Bank Ltd

No data available

Company Fundamentals for Dhanlaxmi Bank Ltd

Market Cap

886 Cr

EPS

1.0

P/E Ratio (TTM) *

36.5

P/B Ratio (TTM) *

1.0

Day’s High *

35.29

Day’s Low

34.1

DTE *

NaN

ROE *

2.3

52 Week High

58.7

52 Week Low

27.81

ROCE *

1.3

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Dhanlaxmi Bank 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 202435.04
06 Nov 202435.17
05 Nov 202434.51
04 Nov 202434.32
01 Nov 202435.44
31 Oct 202434.92
30 Oct 202434.94
29 Oct 202434.09
28 Oct 202433.98
25 Oct 202433.41

SWOT Analysis Of Dhanlaxmi Bank Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Dhanlaxmi Bank Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Dhanlaxmi Bank Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Dhanlaxmi Bank Ltd0886
HDFC Bank Ltd60413,34,336
ICICI Bank Ltd3569,02,224
State Bank of India4107,66,848
Axis Bank Ltd5303,59,135
Kotak Mahindra Bank Ltd5593,47,392

Key Valuation Metric of Dhanlaxmi Bank Ltd

Share Price

₹34

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 Dhanlaxmi Bank Ltd

No data available

* All values are in crore

Historical Revenue of Dhanlaxmi Bank Ltd

No data available

* All values are in crore

Historical EBITDA of Dhanlaxmi Bank Ltd

No data available

* All values are in crore

Historical Net Profit of Dhanlaxmi Bank Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Dhanlaxmi Bank Ltd News Hub

News

Dhanlaxmi Bank to consider right Issue

Dhanlaxmi Bank will hold a meeting of the Board of Directors of the Company on 22 October ...

Read more

18 Oct 202410:44

News

Dhanlaxmi Bank gains after Q2 PAT climbs 11% YoY to Rs 26 cr

Total income jumped 16.25% year on year to Rs 380.64 crore in the quarter ended 30 Septemb...

Read more

17 Oct 202415:06

News

Dhanlaxmi Bank to hold board meeting

Dhanlaxmi Bank will hold a meeting of the Board of Directors of the Company on 17 October ...

Read more

07 Oct 202417:26

News

Dhanlaxmi Bank to convene AGM

Dhanlaxmi Bank announced that the 97th Annual General Meeting (AGM) of the bank will be he...

Read more

09 Sep 202417:43

News

Dhanlaxmi Bank to convene board meeting

Dhanlaxmi Bank will hold a meeting of the Board of Directors of the Company on 12 August 2...

Read more

09 Aug 202414:46

News

Dhanlaxmi Bank gains as gross advances rises 6% YoY in Q1 FY25

On sequential basis, gross advances rose 2.38% as on 30 June 2024 as compared with Rs 10,3...

Read more

05 Jul 202415:27

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Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Dhanlaxmi Bank Ltd

What is the PB ratio of Dhanlaxmi Bank Ltd?

The current PB ratio of Dhanlaxmi Bank Ltd is 0.99. 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 Dhanlaxmi Bank Ltd stocks?

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

The PB ratio of Dhanlaxmi Bank 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 Dhanlaxmi Bank Ltd?

A high PB ratio suggests that Dhanlaxmi Bank 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 Dhanlaxmi Bank Ltd?

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

Can Dhanlaxmi Bank Ltd PB Ratio change over time?

Yes, the PB ratio of Dhanlaxmi Bank 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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