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Glittek Granites Ltd PB Ratio

Glittek Granites Ltd PB Ratio

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Last Updated time: 18 Sep 9.00 AM

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Glittek Granites Ltd

NSE: GLITTEKGRANITES

PB

2.4

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Glittek Granites Ltd is 2.4 as of 18 Sep 24.
  • The P/B Ratio of Glittek Granites Ltd changed from 0.9 on March 2022 to 1.6 on March 2024 . This represents a CAGR of 21.14% over 3 years. .

Historical P/B Ratio of Glittek Granites Ltd

No data available

Company Fundamentals for Glittek Granites Ltd

Market Cap

10 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

2.4

Day’s High *

4.22

Day’s Low

4.22

DTE *

4.1

ROE *

-123.8

52 Week High

5.77

52 Week Low

2.65

ROCE *

-17.6

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Glittek Granites 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
18 Sep 20244.22
17 Sep 20244.3
16 Sep 20244.32
13 Sep 20244.4
12 Sep 20244.48
11 Sep 20244.57
10 Sep 20244.66
09 Sep 20244.75
06 Sep 20244.84
05 Sep 20244.93

SWOT Analysis Of Glittek Granites Ltd

Strength

0

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Glittek Granites Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Glittek Granites Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Glittek Granites 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 Glittek Granites Ltd

No data available

* All values are in crore

Historical Revenue of Glittek Granites Ltd

No data available

* All values are in crore

Historical EBITDA of Glittek Granites Ltd

No data available

* All values are in crore

Historical Net Profit of Glittek Granites Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Glittek Granites Ltd News Hub

News

Glittek Granites to convene AGM

Glittek Granites announced that the Annual General Meeting (AGM) of the company will be he...

Read more

13 Sep 202417:51

News

Glittek Granites to conduct board meeting

Glittek Granites will hold a meeting of the Board of Directors of the Company on 14 August...

Read more

01 Aug 202419:25

News

Glittek Granites to hold board meeting

Glittek Granites will hold a meeting of the Board of Directors of the Company on 1 July 20...

Read more

28 Jun 202412:06

News

Glittek Granites schedules board meeting

Glittek Granites will hold a meeting of the Board of Directors of the Company on 30 May 20...

Read more

15 May 202417:07

News

Glittek Granites announces board meeting date

Glittek Granites will hold a meeting of the Board of Directors of the Company on 13 Februa...

Read more

20 Jan 202411:58

News

Glittek Granites to announce Quarterly Result

Glittek Granites will hold a meeting of the Board of Directors of the Company on 14 Novemb...

Read more

21 Oct 202317:06

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FAQs for PB Ratio of Glittek Granites Ltd

What is the PB ratio of Glittek Granites Ltd?

The current PB ratio of Glittek Granites Ltd is 2.36. 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 Glittek Granites Ltd stocks?

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

The PB ratio of Glittek Granites 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 Glittek Granites Ltd?

A high PB ratio suggests that Glittek Granites 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 Glittek Granites Ltd?

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

Can Glittek Granites Ltd PB Ratio change over time?

Yes, the PB ratio of Glittek Granites 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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