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Dredging Corporation Of India Ltd PB Ratio

Dredging Corporation Of India Ltd PB Ratio

stocks purchased

₹ 0.2 Cr

Volume Transacted

(Nov 12, 2024)

stocks purchased

1.8 K

Stocks Traded

(Nov 12, 2024)

Last Updated on: Nov 13, 2024

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Dredging Corporation of India Ltd

NSE: DREDGECORP

PB

2.1

Last updated on: Nov 12, 2024

Key Highlights

  • The P/B Ratio of Dredging Corporation of India Ltd is 2.1 as of 12 Nov 24.
  • The P/B Ratio of Dredging Corporation of India Ltd changed from 0.6 on March 2022 to 1.5 on March 2024 . This represents a CAGR of 35.72% over 3 years. .

Historical P/B Ratio of Dredging Corporation of India Ltd

No data available

Company Fundamentals for Dredging Corporation of India Ltd

Market Cap

2,687 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

2.1

Day’s High *

1015.0

Day’s Low

951.85

DTE *

0.3

ROE *

2.8

52 Week High

1455.0

52 Week Low

476.0

ROCE *

3.9

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Dredging Corporation of India 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
12 Nov 2024959.9
11 Nov 2024989.4
08 Nov 20241010.7
07 Nov 20241060.8
06 Nov 20241055.45
05 Nov 20241043.3
04 Nov 20241022.55
01 Nov 20241019.55
31 Oct 20241006.45
30 Oct 20241004.35

SWOT Analysis Of Dredging Corporation of India Ltd

Strength

0

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Dredging Corporation of India Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Dredging Corporation of India Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Dredging Corporation of India Ltd

Share Price

₹960

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 Dredging Corporation of India Ltd

No data available

* All values are in crore

Historical Revenue of Dredging Corporation of India Ltd

No data available

* All values are in crore

Historical EBITDA of Dredging Corporation of India Ltd

No data available

* All values are in crore

Historical Net Profit of Dredging Corporation of India Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Dredging Corporation of India Ltd News Hub

News

Dredging Corporation of India to declare Quarterly Result

Dredging Corporation of India will hold a meeting of the Board of Directors of the Company...

Read more

17 Oct 202410:47

News

Dredging Corporation of India schedules AGM

Dredging Corporation of India announced that the Annual General Meeting (AGM) of the compa...

Read more

13 Sep 202417:59

News

Dredging Corp drops on recording dismal Q1 numbers

Revenue from operations tumbled 45.73% in Q1 FY25 as against Rs 277.89 crore reported in t...

Read more

12 Aug 202411:32

News

Dredging Corporation of India schedules board meeting

Dredging Corporation of India will hold a meeting of the Board of Directors of the Company...

Read more

24 Jul 202410:14

News

Dredging Corp hits the roof on bagging Rs 156-cr order from Cochin Port Authority

The contract entails dredging of the Cochin Port's outer channel, approach channel, ICTT B...

Read more

04 Jul 202416:55

News

Dredging Corp hits the roof after Kolkata Port awards contract worth Rs 2,016 crore

The contract is for undertaking ‘maintenance dredging in the Hooghly Estuary primarily in ...

Read more

11 Jun 202415:38

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Dredging Corporation of India Ltd

What is the PB ratio of Dredging Corporation of India Ltd?

The current PB ratio of Dredging Corporation of India Ltd is 2.13. 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 Dredging Corporation of India Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Dredging Corporation of India 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 Dredging Corporation of India Ltd calculated?

The PB ratio of Dredging Corporation of India 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 Dredging Corporation of India Ltd?

A high PB ratio suggests that Dredging Corporation of India 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 Dredging Corporation of India Ltd?

A low PB ratio of Dredging Corporation of India Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Dredging Corporation of India Ltd PB Ratio change over time?

Yes, the PB ratio of Dredging Corporation of India 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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