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Globale Tessile Ltd PB Ratio

Globale Tessile Ltd PB Ratio

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Last Updated time: 18 Sep 9.00 AM

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Globale Tessile Ltd

NSE: GLOBALE

PB

3.3

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Globale Tessile Ltd is 3.3 as of 18 Sep 24.
  • The P/B Ratio of Globale Tessile Ltd changed from 0 on March 2022 to 0 on March 2024 . This represents a CAGR of 0.0% over 3 years. .

Historical P/B Ratio of Globale Tessile Ltd

No data available

Company Fundamentals for Globale Tessile Ltd

Market Cap

38 Cr

EPS

0.5

P/E Ratio (TTM) *

77.9

P/B Ratio (TTM) *

3.3

Day’s High *

36.99

Day’s Low

35.82

DTE *

8.7

ROE *

139.4

52 Week High

76.65

52 Week Low

35.82

ROCE *

25.9

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Globale Tessile 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 202436.6
17 Sep 202437.7
16 Sep 202438.63
13 Sep 202436.85
12 Sep 202437.31
11 Sep 202439.1
10 Sep 202441.81
09 Sep 202446.39
06 Sep 202448.83
05 Sep 202451.4

BlinkX Score for Globale Tessile Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Globale Tessile Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Globale Tessile Ltd338
Grasim Industries Ltd7911,83,298
Trident Ltd718,438
Welspun Living Ltd3817,342
LS Industries Ltd016,153
Raymond Lifestyle Ltd38614,282

Key Valuation Metric of Globale Tessile 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 Globale Tessile Ltd

No data available

* All values are in crore

Historical Revenue of Globale Tessile Ltd

No data available

* All values are in crore

Historical EBITDA of Globale Tessile Ltd

No data available

* All values are in crore

Historical Net Profit of Globale Tessile Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Globale Tessile Ltd News Hub

News

Globale Tessile to convene AGM

Globale Tessile announced that the Annual General Meeting (AGM) of the company will be hel...

Read more

18 Sep 202411:07

News

Globale Tessile AGM scheduled

Globale Tessile announced that the Annual General Meeting (AGM) of the company will be hel...

Read more

17 Sep 202417:17

News

Globale Tessile Ltd leads losers in 'B' group

Rama Steel Tubes Ltd, Mahalaxmi Fabric Mills Ltd, Premier Energies Ltd and P B A Infrastru...

Read more

10 Sep 202414:45

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FAQs for PB Ratio of Globale Tessile Ltd

What is the PB ratio of Globale Tessile Ltd?

The current PB ratio of Globale Tessile Ltd is 3.31. 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 Globale Tessile Ltd stocks?

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

The PB ratio of Globale Tessile 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 Globale Tessile Ltd?

A high PB ratio suggests that Globale Tessile 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 Globale Tessile Ltd?

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

Can Globale Tessile Ltd PB Ratio change over time?

Yes, the PB ratio of Globale Tessile 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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