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Goodluck India Ltd PB Ratio

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Goodluck India Ltd

NSE: GOODLUCK

PB

2.6

Last updated on: 29 Nov 24

Key Highlights

  • The latest PB Ratio of Goodluck India Ltd is 2.6.
  • The PB ratio of the Goodluck India Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Goodluck India Ltd changed from 0.5 on March 2019 to 2.5 on March 2024 . This represents a CAGR of 30.77% over 6 years.

Historical P/B Ratio of Goodluck India Ltd

No data available

Company Fundamentals for Goodluck India Ltd

Market Cap

3,230 Cr

EPS

46.0

P/E Ratio (TTM)

21.5

P/B Ratio (TTM)

2.6

Day’s High

1000.5

Day’s Low

974.35

DTE

0.5

ROE

12.2

52 Week High

1345.0

52 Week Low

720.0

ROCE

14.8

Market Price of Goodluck India Ltd

1M

1Y

3Y

5Y

Monitoring Goodluck India 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
29 Nov 2024986.7
28 Nov 2024993.05
27 Nov 2024993.05
26 Nov 2024964.1
25 Nov 2024946.75

SWOT Analysis Of Goodluck India Ltd

Strength

3

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Goodluck India Ltd

Asset Value vs Market Value of Goodluck India Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Goodluck India Ltd2.62
JSW Steel Ltd319.8
Tata Steel Ltd112.7
Jindal Steel & Power Ltd475.6
Tube Investments of India Ltd220.3

Historical Market Cap of Goodluck India Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Goodluck India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Goodluck India Ltd

What is the PB ratio of Goodluck India Ltd?

The current PB ratio of Goodluck India Ltd is 2.62. 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 Goodluck India Ltd stocks?

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

The PB ratio of Goodluck India 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 Goodluck India Ltd?

A high PB ratio suggests that Goodluck India 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 Goodluck India Ltd?

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

Can Goodluck India Ltd PB Ratio change over time?

Yes, the PB ratio of Goodluck India 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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