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Finolex Industries Ltd PB Ratio

Finolex Industries Ltd PB Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

3.6 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Finolex Industries Ltd

NSE: FINPIPE

PB

2.7

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Finolex Industries Ltd is 2.7 as of 07 Nov 24.
  • The P/B Ratio of Finolex Industries Ltd changed from 2.5 on March 2022 to 2.7 on March 2024 . This represents a CAGR of 2.60% over 3 years. .

Historical P/B Ratio of Finolex Industries Ltd

No data available

Company Fundamentals for Finolex Industries Ltd

Market Cap

18,378 Cr

EPS

7.7

P/E Ratio (TTM) *

38.4

P/B Ratio (TTM) *

2.7

Day’s High *

298.3

Day’s Low

292.35

DTE *

0.1

ROE *

7.1

52 Week High

355.7

52 Week Low

188.85

ROCE *

9.4

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Finolex Industries 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 2024296.2
06 Nov 2024302.95
05 Nov 2024303.9
04 Nov 2024302.85
01 Nov 2024305.7
31 Oct 2024302.9
30 Oct 2024294.6
29 Oct 2024288.75
28 Oct 2024289.2
25 Oct 2024283.4

SWOT Analysis Of Finolex Industries Ltd

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Finolex Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Finolex Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Finolex Industries Ltd

Share Price

₹293

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 Finolex Industries Ltd

No data available

* All values are in crore

Historical Revenue of Finolex Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Finolex Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Finolex Industries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Finolex Industries Ltd News Hub

News

Finolex Industries to conduct board meeting

Finolex Industries will hold a meeting of the Board of Directors of the Company on 24 Octo...

Read more

17 Oct 202414:03

News

Volumes soar at Finolex Industries Ltd counter

Brigade Enterprises Ltd, Mphasis Ltd, Natco Pharma Ltd, CRISIL Ltd are among the other sto...

Read more

07 Oct 202414:30

News

Finolex Industries AGM scheduled

Finolex Industries announced that the 43th Annual General Meeting (AGM) of the company wil...

Read more

28 Aug 202415:49

News

Finolex Inds records PAT of Rs 161 crore in Q4; EBITDA margin at 16.9%

Volume in Pipes & Fittings segment increased by 22.98% to 1,00,171 MT in Q4 FY24 from 81,4...

Read more

13 May 202410:30

News

Board of Finolex Industries recommends final dividend

Finolex Industries announced that the Board of Directors of the Company at its meeting hel...

Read more

11 May 202409:35

News

Finolex Industries announces board meeting date

Finolex Industries will hold a meeting of the Board of Directors of the Company on 10 May ...

Read more

03 May 202410:34

Document

Annual Reports

Annual Report 2023

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Credit Report 2023

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Concalls

July 2023

TranscriptPPT

July 2022

TranscriptPPT

Jan 2022

PPT

Oct 2021

PPT

June 2021

TranscriptPPT

June 2020

TranscriptPPT

Feb 2020

PPT

FAQs for PB Ratio of Finolex Industries Ltd

What is the PB ratio of Finolex Industries Ltd?

The current PB ratio of Finolex Industries Ltd is 2.71. 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 Finolex Industries Ltd stocks?

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

The PB ratio of Finolex Industries 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 Finolex Industries Ltd?

A high PB ratio suggests that Finolex Industries 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 Finolex Industries Ltd?

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

Can Finolex Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Finolex Industries 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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