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Go Digit General Insurance Ltd PB Ratio

Go Digit General Insurance Ltd PB Ratio

stocks purchased

₹ 0.2 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

4.7 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Go Digit General Insurance Ltd

NSE: GODIGIT

PB

6.8

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Go Digit General Insurance Ltd is 6.8 as of 07 Nov 24.
  • The P/B Ratio of Go Digit General Insurance 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 Go Digit General Insurance Ltd

No data available

Company Fundamentals for Go Digit General Insurance Ltd

Market Cap

31,467 Cr

EPS

3.1

P/E Ratio (TTM) *

109.9

P/B Ratio (TTM) *

6.8

Day’s High *

348.0

Day’s Low

340.85

DTE *

0.1

ROE *

6.2

52 Week High

407.55

52 Week Low

277.8

ROCE *

5.7

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Go Digit General Insurance 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 2024341.65
06 Nov 2024337.6
05 Nov 2024337.7
04 Nov 2024339.95
01 Nov 2024337.2
31 Oct 2024329.45
30 Oct 2024344.5
29 Oct 2024328.3
28 Oct 2024326.05
25 Oct 2024319.95

SWOT Analysis Of Go Digit General Insurance Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Go Digit General Insurance Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Go Digit General Insurance Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Go Digit General Insurance Ltd

Share Price

₹342

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 Go Digit General Insurance Ltd

No data available

* All values are in crore

Historical Revenue of Go Digit General Insurance Ltd

No data available

* All values are in crore

Historical EBITDA of Go Digit General Insurance Ltd

No data available

* All values are in crore

Historical Net Profit of Go Digit General Insurance Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Go Digit General Insurance Ltd News Hub

News

Go Digit General Insurance to hold board meeting

Go Digit General Insurance will hold a meeting of the Board of Directors of the Company on...

Read more

11 Oct 202417:23

News

Go Digit General Insurance gains after PAT rises 74% YoY to Rs 101 cr in Q1 FY25

Total income increased 24.57% YoY to Rs 2,076.99 crore in Q1 FY25. Gross written premium j...

Read more

26 Jul 202413:25

News

Go Digit General Insurance AGM scheduled

Go Digit General Insurance announced that the 8th Annual General Meeting (AGM) of the comp...

Read more

18 Jul 202410:08

News

Go Digit General Insurance to declare Quarterly Result

Go Digit General Insurance will hold a meeting of the Board of Directors of the Company on...

Read more

12 Jul 202411:01

News

Board of Go Digit General Insurance appoint directors

The Board of Go Digit General Insurance at its meeting held on 28 June 2024 has appointed ...

Read more

28 Jun 202418:17

News

Go Digit General Insurance director resigns

Go Digit General Insurance announced that Rajendra Beri (DIN: 03177323) has resigned as th...

Read more

27 Jun 202413:49

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Go Digit General Insurance Ltd

What is the PB ratio of Go Digit General Insurance Ltd?

The current PB ratio of Go Digit General Insurance Ltd is 6.78. 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 Go Digit General Insurance Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Go Digit General Insurance 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 Go Digit General Insurance Ltd calculated?

The PB ratio of Go Digit General Insurance 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 Go Digit General Insurance Ltd?

A high PB ratio suggests that Go Digit General Insurance 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 Go Digit General Insurance Ltd?

A low PB ratio of Go Digit General Insurance Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Go Digit General Insurance Ltd PB Ratio change over time?

Yes, the PB ratio of Go Digit General Insurance 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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