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Goodricke Group Ltd PB Ratio

Goodricke Group Ltd PB Ratio

stocks purchased

₹ 0.6 Cr

Volume transacted

stocks purchased

23.6 K

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Last Updated time: 18 Sep 9.00 AM

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Goodricke Group Ltd

NSE: GOODRICKE

PB

2.2

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Goodricke Group Ltd is 2.2 as of 18 Sep 24.
  • The P/B Ratio of Goodricke Group Ltd changed from 1.3 on March 2022 to 1.5 on March 2024 . This represents a CAGR of 4.89% over 3 years. .

Historical P/B Ratio of Goodricke Group Ltd

No data available

Company Fundamentals for Goodricke Group Ltd

Market Cap

529 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

2.2

Day’s High *

249.05

Day’s Low

244.05

DTE *

0.5

ROE *

-28.7

52 Week High

265.0

52 Week Low

159.0

ROCE *

-14.8

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Goodricke Group 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 2024245.1
17 Sep 2024246.95
16 Sep 2024249.9
13 Sep 2024244.85
12 Sep 2024241.95
11 Sep 2024247.2
10 Sep 2024246.15
09 Sep 2024248.65
06 Sep 2024254.9
05 Sep 2024257.4

SWOT Analysis Of Goodricke Group Ltd

Strength

0

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Goodricke Group Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Goodricke Group Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Goodricke Group 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 Goodricke Group Ltd

No data available

* All values are in crore

Historical Revenue of Goodricke Group Ltd

No data available

* All values are in crore

Historical EBITDA of Goodricke Group Ltd

No data available

* All values are in crore

Historical Net Profit of Goodricke Group Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Goodricke Group Ltd News Hub

News

Goodricke Group to conduct board meeting

Goodricke Group will hold a meeting of the Board of Directors of the Company on 8 August 2...

Read more

25 Jul 202414:58

News

Goodricke Group schedules AGM

Goodricke Group announced that the 48th Annual General Meeting(AGM) of the company will be...

Read more

25 May 202416:27

News

Goodricke Group to announce Quarterly Result

Goodricke Group will hold a meeting of the Board of Directors of the Company on 21 May 202...

Read more

13 May 202417:24

News

Goodricke Group to convene board meeting

Goodricke Group will hold a meeting of the Board of Directors of the Company on 9 November...

Read more

20 Oct 202317:38

News

Goodricke Group schedules board meeting

Goodricke Group will hold a meeting of the Board of Directors of the Company on 10 August ...

Read more

19 Jul 202311:06

News

Goodricke Group to convene AGM

Goodricke Group announced that the 47th Annual General Meeting (AGM) of the company will b...

Read more

27 May 202317:59

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FAQs for PB Ratio of Goodricke Group Ltd

What is the PB ratio of Goodricke Group Ltd?

The current PB ratio of Goodricke Group Ltd is 2.19. 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 Goodricke Group Ltd stocks?

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

The PB ratio of Goodricke Group 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 Goodricke Group Ltd?

A high PB ratio suggests that Goodricke Group 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 Goodricke Group Ltd?

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

Can Goodricke Group Ltd PB Ratio change over time?

Yes, the PB ratio of Goodricke Group 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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