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PB Ratio of Drone Destination Ltd

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Drone Destination Ltd

NSE: DroneDestinatio

PB Ratio

7.2

Last updated on: Dec 20, 2024

Key Highlights

  • The latest PB Ratio of Drone Destination Ltd is 7.2.
  • The PB ratio of the Drone Destination Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Drone Destination Ltd changed from 5.2 on March 2024 to 5.2 on March 2024 . This represents a CAGR of 0.00% over 1 years.

Historical P/B Ratio of Drone Destination Ltd

No data available

Company Fundamentals for Drone Destination Ltd

Market Price of Drone Destination Ltd

1M

1Y

3Y

5Y

Monitoring Drone Destination 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 2024182.85
19 Dec 2024190.8
18 Dec 2024187.9
17 Dec 2024192.25
16 Dec 2024191.5

SWOT Analysis Of Drone Destination Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Drone Destination Ltd

Asset Value vs Market Value of Drone Destination Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

PB Ratio of Drone Destination Ltd Explained

No data available

Historical Revenue, EBITDA and Net Profit of Drone Destination Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

* All values are in %

FAQs for PB Ratio of Drone Destination Ltd

What is the PB ratio of Drone Destination Ltd?

The current PB ratio of Drone Destination 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 Drone Destination Ltd stocks?

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

The PB ratio of Drone Destination 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 Drone Destination Ltd?

A high PB ratio suggests that Drone Destination 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 Drone Destination Ltd?

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

Can Drone Destination Ltd PB Ratio change over time?

Yes, the PB ratio of Drone Destination Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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