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Gretex Corporate Services Ltd PB Ratio

Gretex Corporate Services Ltd PB Ratio

stocks purchased

₹ 0.2 Cr

Volume Transacted

(Nov 13, 2024)

stocks purchased

4.1 K

Stocks Traded

(Nov 13, 2024)

Last Updated on: Nov 14, 2024

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Gretex Corporate Services Ltd

NSE: GRETEXCORPORATE

PB

2.8

Last updated on: Nov 13, 2024

Key Highlights

  • The P/B Ratio of Gretex Corporate Services Ltd is 2.8 as of 13 Nov 24.
  • The P/B Ratio of Gretex Corporate Services Ltd changed from 1.6 on March 2022 to 3.9 on March 2024 . This represents a CAGR of 34.58% over 3 years. .

Historical P/B Ratio of Gretex Corporate Services Ltd

No data available

Company Fundamentals for Gretex Corporate Services Ltd

Market Cap

575 Cr

EPS

36.4

P/E Ratio (TTM) *

13.3

P/B Ratio (TTM) *

2.8

Day’s High *

495.0

Day’s Low

480.0

DTE *

0.0

ROE *

21.0

52 Week High

617.0

52 Week Low

185.3

ROCE *

32.9

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Gretex Corporate Services 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
13 Nov 2024483
12 Nov 2024496
11 Nov 2024496.5
08 Nov 2024493.8
07 Nov 2024484
06 Nov 2024500
05 Nov 2024487
04 Nov 2024450.1
01 Nov 2024471.05
31 Oct 2024461.65

SWOT Analysis Of Gretex Corporate Services Ltd

Strength

2

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Gretex Corporate Services Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Gretex Corporate Services Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Gretex Corporate Services Ltd

Share Price

₹483

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 Gretex Corporate Services Ltd

No data available

* All values are in crore

Historical Revenue of Gretex Corporate Services Ltd

No data available

* All values are in crore

Historical EBITDA of Gretex Corporate Services Ltd

No data available

* All values are in crore

Historical Net Profit of Gretex Corporate Services Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Gretex Corporate Services Ltd News Hub

News

Board of Gretex Corporate Services recommends interim dividend

Gretex Corporate Services announced that the Board of Directors of the Company at its meet...

Read more

08 Nov 202409:28

News

Gretex Corporate Services to table results

Gretex Corporate Services will hold a meeting of the Board of Directors of the Company on ...

Read more

31 Oct 202413:45

News

Gretex Corporate Services to conduct board meeting

Gretex Corporate Services will hold a meeting of the Board of Directors of the Company on ...

Read more

31 Aug 202410:43

News

Gretex Corporate Services postpones AGM

Gretex Corporate Services has postponed the Annual General Meeting of the company which wa...

Read more

20 Aug 202416:45

News

Gretex Corporate Services AGM scheduled

Gretex Corporate Services announced that the Annual General Meeting (AGM) of the company w...

Read more

16 Aug 202411:27

News

Board of Gretex Corporate Services recommends final dividend

Gretex Corporate Services announced that the Board of Directors of the Company at its meet...

Read more

09 Aug 202409:29

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Gretex Corporate Services Ltd

What is the PB ratio of Gretex Corporate Services Ltd?

The current PB ratio of Gretex Corporate Services Ltd is 2.83. 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 Gretex Corporate Services Ltd stocks?

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

The PB ratio of Gretex Corporate Services 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 Gretex Corporate Services Ltd?

A high PB ratio suggests that Gretex Corporate Services 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 Gretex Corporate Services Ltd?

A low PB ratio of Gretex Corporate Services Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Gretex Corporate Services Ltd PB Ratio change over time?

Yes, the PB ratio of Gretex Corporate Services 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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