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Drone Destination Ltd PB Ratio

Drone Destination Ltd PB Ratio

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₹ 1.7 Cr

Volume transacted

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71.0 K

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Last Updated time: 18 Sep 9.00 AM

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Drone Destination Ltd

NSE: DroneDestinatio

PB

9.5

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Drone Destination Ltd is 9.5 as of 18 Sep 24.
  • The P/B Ratio of Drone Destination Ltd changed from 5.2 on March 2022 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

Share price Over Time

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 Share Price

Date
leftPriceleft
18 Sep 2024241.35
17 Sep 2024251
16 Sep 2024251.85
13 Sep 2024260.5
12 Sep 2024254.8
11 Sep 2024256.35
10 Sep 2024262.75
09 Sep 2024253.45
06 Sep 2024258
05 Sep 2024257.45

SWOT Analysis Of Drone Destination Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Drone Destination Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Drone Destination Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Drone Destination Ltd

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 Drone Destination Ltd

No data available

* All values are in crore

Historical Revenue of Drone Destination Ltd

No data available

* All values are in crore

Historical EBITDA of Drone Destination Ltd

No data available

* All values are in crore

Historical Net Profit of Drone Destination Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Drone Destination Ltd News Hub

News

Drone Destination to conduct AGM

Drone Destination announced that the 5th Annual General Meeting (AGM) of the company will ...

Read more

19 Jul 202410:52

News

Drone Destination to announce Quarterly Result

Drone Destination will hold a meeting of the Board of Directors of the Company on 24 May 2...

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20 May 202415:57

News

Drone Destination to convene EGM

Drone Destination announced that an Extra Ordinary General Meeting (EGM) of the Company wi...

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20 Apr 202413:43

News

Drone Destination to hold board meeting

Drone Destination will hold a meeting of the Board of Directors of the Company on 19 April...

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13 Apr 202411:47

News

Drone Destination to table results

Drone Destination will hold a meeting of the Board of Directors of the Company on 10 Novem...

Read more

09 Nov 202315:19

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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.
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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