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Gem Spinners India Ltd PB Ratio

Gem Spinners India Ltd PB Ratio

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Last Updated time: 18 Sep 9.00 AM

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Gem Spinners India Ltd

NSE: GEMSPIN

PB

0

Last updated: 16 Sep 24

Key Highlights

  • The P/B Ratio of Gem Spinners India Ltd is 0 as of 16 Sep 24.
  • The P/B Ratio of Gem Spinners India Ltd changed from -115 on March 2022 to -14.1 on March 2024 . This represents a CAGR of -50.35% over 3 years. .

Historical P/B Ratio of Gem Spinners India Ltd

No data available

Company Fundamentals for Gem Spinners India Ltd

Market Cap

25 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

0.0

Day’s High *

4.12

Day’s Low

4.12

DTE *

0.0

ROE *

36.8

52 Week High

7.35

52 Week Low

3.26

ROCE *

-8.7

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Gem Spinners India 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
16 Sep 20244.12
13 Sep 20243.93
12 Sep 20243.75
10 Sep 20243.74
02 Sep 20243.57
16 Aug 20243.57
30 Jul 20243.4
22 Jul 20243.4
09 Jul 20243.4
28 Jun 20243.52

BlinkX Score for Gem Spinners India Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Gem Spinners India Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Gem Spinners India Ltd025
Grasim Industries Ltd7911,83,298
Trident Ltd718,438
Welspun Living Ltd3817,342
LS Industries Ltd016,153
Raymond Lifestyle Ltd38614,282

Key Valuation Metric of Gem Spinners India 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 Gem Spinners India Ltd

No data available

* All values are in crore

Historical Revenue of Gem Spinners India Ltd

No data available

* All values are in crore

Historical EBITDA of Gem Spinners India Ltd

No data available

* All values are in crore

Historical Net Profit of Gem Spinners India Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Gem Spinners India Ltd News Hub

News

Gem Spinners India to conduct board meeting

Gem Spinners India will hold a meeting of the Board of Directors of the Company on 14 Augu...

Read more

09 Aug 202414:41

News

Gem Spinners India to announce Quarterly Result

Gem Spinners India will hold a meeting of the Board of Directors of the Company on 29 May ...

Read more

24 May 202412:56

News

Gem Spinners India to hold board meeting

Gem Spinners India will hold a meeting of the Board of Directors of the Company on 30 Marc...

Read more

27 Mar 202410:54

News

Gem Spinners India to declare Quarterly Result

Gem Spinners India will hold a meeting of the Board of Directors of the Company on 12 Febr...

Read more

01 Feb 202410:48

News

Gem Spinners India schedules board meeting

Gem Spinners India will hold a meeting of the Board of Directors of the Company on 14 Nove...

Read more

08 Nov 202315:03

News

Gem Spinners India to convene AGM

Gem Spinners India announced that the 33th Annual General Meeting (AGM) of the company wil...

Read more

02 Sep 202314:01

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FAQs for PB Ratio of Gem Spinners India Ltd

What is the PB ratio of Gem Spinners India Ltd?

The current PB ratio of Gem Spinners India 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 Gem Spinners India Ltd stocks?

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

The PB ratio of Gem Spinners India 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 Gem Spinners India Ltd?

A high PB ratio suggests that Gem Spinners India 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 Gem Spinners India Ltd?

A low PB ratio of Gem Spinners India Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Gem Spinners India Ltd PB Ratio change over time?

Yes, the PB ratio of Gem Spinners India 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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