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PB Ratio of Globe Commercials Ltd

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Globe Commercials Ltd

NSE: GLOBECOMMERCIAL

PB Ratio

0.1

Last updated on: Jan 03, 2025

Key Highlights

  • The latest PB Ratio of Globe Commercials Ltd is 0.1.
  • The PB ratio of the Globe Commercials Ltd is below 1 which indicates that the stock is undervalued.
  • The P/B Ratio of Globe Commercials Ltd changed from 0.9 on March 2022 to 1.3 on March 2024 . This represents a CAGR of 13.04% over 3 years.

Historical P/B Ratio of Globe Commercials Ltd

No data available

Company Fundamentals for Globe Commercials Ltd

Market Cap

22 Cr

EPS

16.5

P/E Ratio (TTM)

2.3

P/B Ratio (TTM)

0.1

Day’s High

39.01

Day’s Low

38.59

DTE

0.0

ROE

2.0

52 Week High

43.95

52 Week Low

19.9

ROCE

2.7

Market Price of Globe Commercials Ltd

1M

1Y

3Y

5Y

Monitoring Globe Commercials 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
03 Jan 202537.83
02 Jan 202536.82
01 Jan 202538.46
31 Dec 202438.52
30 Dec 202437.65

SWOT Analysis Of Globe Commercials Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Globe Commercials Ltd

Asset Value vs Market Value of Globe Commercials Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Globe Commercials Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Globe Commercials Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

PB Ratio of Globe Commercials Ltd Explained

22.71

Market cap

481

Book Value per Share

0.1X

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

FAQs for PB Ratio of Globe Commercials Ltd

What is the PB ratio of Globe Commercials Ltd?

The current PB ratio of Globe Commercials Ltd is 0.08. 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 Globe Commercials Ltd stocks?

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

The PB ratio of Globe Commercials 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 Globe Commercials Ltd?

A high PB ratio suggests that Globe Commercials 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 Globe Commercials Ltd?

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

Can Globe Commercials Ltd PB Ratio change over time?

Yes, the PB ratio of Globe Commercials Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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