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Glance Finance Ltd PB Ratio

Glance Finance Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.2 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Glance Finance Ltd

NSE: GLANCEFINANCE

PB

0.9

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Glance Finance Ltd is 0.9 as of 07 Nov 24.
  • The P/B Ratio of Glance Finance Ltd changed from 0.6 on March 2022 to 0.5 on March 2024 . This represents a CAGR of -5.90% over 3 years. .

Historical P/B Ratio of Glance Finance Ltd

No data available

Company Fundamentals for Glance Finance Ltd

Market Cap

32 Cr

EPS

10.5

P/E Ratio (TTM) *

13.8

P/B Ratio (TTM) *

0.9

Day’s High *

151.6

Day’s Low

151.6

DTE *

0.2

ROE *

5.3

52 Week High

151.6

52 Week Low

59.05

ROCE *

9.9

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Glance Finance 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 2024144.4
06 Nov 2024140.95
05 Nov 2024140.95
04 Nov 2024139
01 Nov 2024139.15
31 Oct 2024135.95
30 Oct 2024135.45
29 Oct 2024130.25
28 Oct 2024126.95
25 Oct 2024124.35

SWOT Analysis Of Glance Finance Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Glance Finance Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Glance Finance Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Glance Finance Ltd

Share Price

₹152

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 Glance Finance Ltd

No data available

* All values are in crore

Historical Revenue of Glance Finance Ltd

No data available

* All values are in crore

Historical EBITDA of Glance Finance Ltd

No data available

* All values are in crore

Historical Net Profit of Glance Finance Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Glance Finance Ltd News Hub

News

Glance Finance to announce Quarterly Result

Glance Finance will hold a meeting of the Board of Directors of the Company on 12 November...

Read more

07 Nov 202411:36

News

Glance Finance to convene AGM

Glance Finance announced that the 30th Annual General Meeting (AGM) of the company will be...

Read more

23 Jul 202416:28

News

Glance Finance schedules board meeting

Glance Finance will hold a meeting of the Board of Directors of the Company on 22 July 202...

Read more

15 Jul 202417:36

News

Glance Finance to table results

Glance Finance will hold a meeting of the Board of Directors of the Company on 18 May 2024...

Read more

10 May 202416:44

News

Glance Finance to hold board meeting

Glance Finance will hold a meeting of the Board of Directors of the Company on 27 January ...

Read more

16 Jan 202412:04

News

Glance Finance to announce Quarterly Result

Glance Finance will hold a meeting of the Board of Directors of the Company on 9 November ...

Read more

03 Nov 202316:02

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Annual Reports

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Concalls

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FAQs for PB Ratio of Glance Finance Ltd

What is the PB ratio of Glance Finance Ltd?

The current PB ratio of Glance Finance Ltd is 0.9. 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 Glance Finance Ltd stocks?

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

The PB ratio of Glance Finance 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 Glance Finance Ltd?

A high PB ratio suggests that Glance Finance 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 Glance Finance Ltd?

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

Can Glance Finance Ltd PB Ratio change over time?

Yes, the PB ratio of Glance Finance 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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