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Gita Renewable Energy Ltd PB Ratio

Gita Renewable Energy Ltd PB Ratio

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₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.8 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Gita Renewable Energy Ltd

NSE: GITARENEWABLE

PB

5.1

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Gita Renewable Energy Ltd is 5.1 as of 07 Nov 24.
  • The P/B Ratio of Gita Renewable Energy Ltd changed from 13.9 on March 2022 to 4.8 on March 2024 . This represents a CAGR of -29.84% over 3 years. .

Historical P/B Ratio of Gita Renewable Energy Ltd

No data available

Company Fundamentals for Gita Renewable Energy Ltd

Market Cap

69 Cr

EPS

0.8

P/E Ratio (TTM) *

221.3

P/B Ratio (TTM) *

5.1

Day’s High *

169.0

Day’s Low

166.0

DTE *

0.0

ROE *

2.6

52 Week High

310.3

52 Week Low

105.65

ROCE *

2.7

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Gita Renewable Energy 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 2024168.15
06 Nov 2024170.95
05 Nov 2024169.05
04 Nov 2024172.6
01 Nov 2024183.4
31 Oct 2024180.7
30 Oct 2024159.05
29 Oct 2024154.3
28 Oct 2024152.8
25 Oct 2024148.75

SWOT Analysis Of Gita Renewable Energy Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Gita Renewable Energy Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Gita Renewable Energy Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Gita Renewable Energy Ltd569
NTPC Ltd1603,91,745
Power Grid Corporation of India Ltd982,91,016
Adani Green Energy Ltd472,60,336
Adani Power Ltd1052,31,262
Tata Power Company Ltd521,42,129

Key Valuation Metric of Gita Renewable Energy Ltd

Share Price

₹167

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 Gita Renewable Energy Ltd

No data available

* All values are in crore

Historical Revenue of Gita Renewable Energy Ltd

No data available

* All values are in crore

Historical EBITDA of Gita Renewable Energy Ltd

No data available

* All values are in crore

Historical Net Profit of Gita Renewable Energy Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Gita Renewable Energy Ltd News Hub

News

Gita Renewable Energy to convene board meeting

Gita Renewable Energy will hold a meeting of the Board of Directors of the Company on 13 N...

Read more

06 Nov 202416:03

News

Gita Renewable Energy to conduct AGM

Gita Renewable Energy announced that the Annual General Meeting (AGM) of the company will ...

Read more

03 Sep 202417:09

News

Gita Renewable Energy to convene board meeting

Gita Renewable Energy will hold a meeting of the Board of Directors of the Company on 28 A...

Read more

21 Aug 202410:08

News

Gita Renewable Energy to discuss results

Gita Renewable Energy will hold a meeting of the Board of Directors of the Company on 13 A...

Read more

08 Aug 202410:57

News

Gita Renewable Energy announces board meeting date

Gita Renewable Energy will hold a meeting of the Board of Directors of the Company on 17 M...

Read more

10 May 202411:52

News

Gita Renewable Energy to announce Quarterly Result

Gita Renewable Energy will hold a meeting of the Board of Directors of the Company on 30 J...

Read more

22 Jan 202412:01

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Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Gita Renewable Energy Ltd

What is the PB ratio of Gita Renewable Energy Ltd?

The current PB ratio of Gita Renewable Energy Ltd is 5.12. 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 Gita Renewable Energy Ltd stocks?

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

The PB ratio of Gita Renewable Energy 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 Gita Renewable Energy Ltd?

A high PB ratio suggests that Gita Renewable Energy 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 Gita Renewable Energy Ltd?

A low PB ratio of Gita Renewable Energy Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Gita Renewable Energy Ltd PB Ratio change over time?

Yes, the PB ratio of Gita Renewable Energy 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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