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Great Eastern Shipping Company Ltd PB Ratio

Great Eastern Shipping Company Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.0 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Great Eastern Shipping Company Ltd

NSE: GESHIP

PB

1.5

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Great Eastern Shipping Company Ltd is 1.5 as of 07 Nov 24.
  • The P/B Ratio of Great Eastern Shipping Company Ltd changed from 0.6 on March 2022 to 1.1 on March 2024 . This represents a CAGR of 22.39% over 3 years. .

Historical P/B Ratio of Great Eastern Shipping Company Ltd

No data available

Company Fundamentals for Great Eastern Shipping Company Ltd

Market Cap

18,430 Cr

EPS

199.6

P/E Ratio (TTM) *

6.5

P/B Ratio (TTM) *

1.5

Day’s High *

0.0

Day’s Low

0.0

DTE *

0.2

ROE *

21.0

52 Week High

1542.8

52 Week Low

0.0

ROCE *

19.2

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Great Eastern Shipping Company 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 20241290.95
06 Nov 20241257.65
05 Nov 20241294
04 Nov 20241292.55
01 Nov 20241283.35
31 Oct 20241289.45
30 Oct 20241287.4
29 Oct 20241240
28 Oct 20241245.7
25 Oct 20241244.45

SWOT Analysis Of Great Eastern Shipping Company Ltd

Strength

4

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Great Eastern Shipping Company Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Great Eastern Shipping Company Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Great Eastern Shipping Company Ltd

Share Price

₹1,250

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 Great Eastern Shipping Company Ltd

No data available

* All values are in crore

Historical Revenue of Great Eastern Shipping Company Ltd

No data available

* All values are in crore

Historical EBITDA of Great Eastern Shipping Company Ltd

No data available

* All values are in crore

Historical Net Profit of Great Eastern Shipping Company Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Great Eastern Shipping Company Ltd News Hub

News

G E Shipping enters into contract to sell medium range product tanker Jag Padma

The vessel will be delivered to the new buyer by Q3 FY25, the company added. Including Jag...

Read more

31 Oct 202415:01

News

Great Eastern Shipping Company to discuss results

Great Eastern Shipping Company will hold a meeting of the Board of Directors of the Compan...

Read more

25 Oct 202415:41

News

Great Eastern Shipping Company director resigns

Great Eastern Shipping Company announced that due to his health condition, Mr. Tapas Icot ...

Read more

25 Oct 202416:58

News

Great Eastern Shipping Company delivers built Supramax Dry Bulk Carrier 'Jag Rani'

Great Eastern Shipping Company has delivered its 2011 built Supramax Dry Bulk Carrier 'Jag...

Read more

21 Oct 202411:54

News

Great Eastern Shipping Company sells 2005-built Suezmax Crude Tanker 'Jag Lalit'

Great Eastern Shipping Company (G E Shipping) has contracted to sell its 2005 built Suezma...

Read more

13 Sep 202412:10

News

Great Eastern Shipping Company delivers 2004 built Medium Range Product Tanker Jag Pranam

Great Eastern Shipping Company delivered its 2004 built Medium Range Product Tanker “Jag P...

Read more

12 Aug 202417:49

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FAQs for PB Ratio of Great Eastern Shipping Company Ltd

What is the PB ratio of Great Eastern Shipping Company Ltd?

The current PB ratio of Great Eastern Shipping Company Ltd is 1.49. 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 Great Eastern Shipping Company Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Great Eastern Shipping Company 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 Great Eastern Shipping Company Ltd calculated?

The PB ratio of Great Eastern Shipping Company 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 Great Eastern Shipping Company Ltd?

A high PB ratio suggests that Great Eastern Shipping Company 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 Great Eastern Shipping Company Ltd?

A low PB ratio of Great Eastern Shipping Company Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Great Eastern Shipping Company Ltd PB Ratio change over time?

Yes, the PB ratio of Great Eastern Shipping Company 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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