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PB Ratio of Elitecon International Ltd

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Elitecon International Ltd

NSE: ELITECONINTER

PB Ratio

0.6

Last updated on: Jan 10, 2025

Key Highlights

  • The latest PB Ratio of Elitecon International Ltd is 0.6.
  • The PB ratio of the Elitecon International Ltd is below 1 which indicates that the stock is undervalued.
  • The P/B Ratio of Elitecon International Ltd changed from 0.4 on March 2021 to 0 on March 2024 . This represents a CAGR of -100.00% over 4 years.

Historical P/B Ratio of Elitecon International Ltd

No data available

Company Fundamentals for Elitecon International Ltd

Market Cap

14 Cr

EPS

160.7

P/E Ratio (TTM)

0.7

P/B Ratio (TTM)

0.6

Day’s High

118.85

Day’s Low

118.85

DTE

5.2

ROE

87.5

52 Week High

118.85

52 Week Low

11.02

ROCE

14.4

Market Price of Elitecon International Ltd

1M

1Y

3Y

5Y

Monitoring Elitecon International 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
10 Jan 2025118.85
09 Jan 2025116.55
08 Jan 2025114.3
07 Jan 2025112.1
06 Jan 2025109.95

SWOT Analysis

Strength

0

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Elitecon International Ltd

Asset Value vs Market Value of Elitecon International Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Elitecon International Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Elitecon International Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

PB Ratio of Elitecon International Ltd Explained

``

14.38

Market cap

184

Book Value per Share

0.6X

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

FAQs for PB Ratio of Elitecon International Ltd

What is the PB ratio of Elitecon International Ltd?

The current PB ratio of Elitecon International Ltd is 0.65. 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 Elitecon International Ltd stocks?

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

The PB ratio of Elitecon International 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 Elitecon International Ltd?

A high PB ratio suggests that Elitecon International 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 Elitecon International Ltd?

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

Can Elitecon International Ltd PB Ratio change over time?

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

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