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Gem Spinners India Ltd PB Ratio

Gem Spinners India Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.4 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Gem Spinners India Ltd

NSE: GEMSPIN

PB

-

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Gem Spinners India Ltd is 0 as of 07 Nov 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

61 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

0.0

Day’s High *

10.25

Day’s Low

10.25

DTE *

0.0

ROE *

36.8

52 Week High

10.25

52 Week Low

3.27

ROCE *

-8.7

Market 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 Market Price

Date
leftPrice (₹)right
07 Nov 202410.05
06 Nov 20249.86
05 Nov 20249.67
04 Nov 20249.49
31 Oct 20249.31
30 Oct 20248.87
29 Oct 20248.45
28 Oct 20248.05
25 Oct 20247.67
24 Oct 20247.31

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 Ltd061
Grasim Industries Ltd7881,72,288
Trident Ltd617,342
Welspun Living Ltd3715,797
Vardhman Textiles Ltd31513,999
Raymond Lifestyle Ltd38313,312

Key Valuation Metric of Gem Spinners India Ltd

Share Price

₹10

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 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 Payout Over Time

No data available

Gem Spinners India Ltd News Hub

News

Gem Spinners India to table results

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

Read more

07 Nov 202411:41

News

Gem Spinners India AGM scheduled

Gem Spinners India announced that the Annual General Meeting (AGM) of the company will be ...

Read more

20 Sep 202417:48

News

Gem Spinners India to hold AGM

Gem Spinners India announced that the Annual General Meeting (AGM) of the company will be ...

Read more

20 Sep 202410:30

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

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Annual Reports

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Credit Ratings

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Concalls

Data not available

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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