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Essar Shipping Ltd PB Ratio

Essar Shipping Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

6.1 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

Image

Essar Shipping Ltd

NSE: ESSARSHPNG

PB

-

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Essar Shipping Ltd is 0 as of 07 Nov 24.
  • The P/B Ratio of Essar Shipping Ltd changed from -0.1 on March 2023 to -0.2 on March 2024 . This represents a CAGR of 41.42% over 2 years. .

Historical P/B Ratio of Essar Shipping Ltd

No data available

Company Fundamentals for Essar Shipping Ltd

Market Cap

811 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

0.0

Day’s High *

40.25

Day’s Low

38.25

DTE *

-0.9

ROE *

4.7

52 Week High

71.57

52 Week Low

15.1

ROCE *

22.2

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Essar Shipping 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 202439.23
06 Nov 202439.28
05 Nov 202437.83
04 Nov 202438.61
01 Nov 202436.78
31 Oct 202435.03
30 Oct 202434.35
29 Oct 202433.68
28 Oct 202434.36
25 Oct 202435.06

SWOT Analysis Of Essar Shipping Ltd

Strength

3

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Essar Shipping Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Essar Shipping Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Essar Shipping Ltd

Share Price

₹39

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 Essar Shipping Ltd

No data available

* All values are in crore

Historical Revenue of Essar Shipping Ltd

No data available

* All values are in crore

Historical EBITDA of Essar Shipping Ltd

No data available

* All values are in crore

Historical Net Profit of Essar Shipping Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Essar Shipping Ltd News Hub

News

Essar Shipping to hold board meeting

Essar Shipping will hold a meeting of the Board of Directors of the Company on 13 November...

Read more

06 Nov 202413:55

News

Essar Shipping to convene AGM

Essar Shipping announced that the Annual General Meeting (AGM) of the company will be held...

Read more

19 Sep 202410:04

News

Essar Shipping to hold AGM

Essar Shipping announced that the Annual General Meeting (AGM) of the company will be held...

Read more

19 Sep 202417:58

News

Essar Shipping to convene board meeting

Essar Shipping will hold a meeting of the Board of Directors of the Company on 8 August 20...

Read more

06 Aug 202416:34

News

Essar Shipping Ltd leads losers in 'B' group

Madras Fertilizers Ltd, South West Pinnacle Exploration Ltd, Filatex Fashions Ltd and Nand...

Read more

21 Jun 202414:45

News

Essar Shipping to conduct board meeting

Essar Shipping will hold a meeting of the Board of Directors of the Company on 8 June 2024...

Read more

06 Jun 202410:10

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Annual Reports

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Credit Ratings

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Concalls

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FAQs for PB Ratio of Essar Shipping Ltd

What is the PB ratio of Essar Shipping Ltd?

The current PB ratio of Essar Shipping 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 Essar Shipping Ltd stocks?

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

The PB ratio of Essar Shipping 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 Essar Shipping Ltd?

A high PB ratio suggests that Essar Shipping 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 Essar Shipping Ltd?

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

Can Essar Shipping Ltd PB Ratio change over time?

Yes, the PB ratio of Essar Shipping 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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