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PB Ratio of Gretex Industries Ltd

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Gretex Industries Ltd

NSE: GRETEX

PB Ratio

10.4

Last updated on: Dec 24, 2024

Key Highlights

  • The latest PB Ratio of Gretex Industries Ltd is 10.4.
  • The PB ratio of the Gretex Industries Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Gretex Industries Ltd changed from 1.3 on March 2021 to 1.2 on March 2024 . This represents a CAGR of -1.98% over 4 years.

Historical P/B Ratio of Gretex Industries Ltd

No data available

Company Fundamentals for Gretex Industries Ltd

Market Price of Gretex Industries Ltd

1M

1Y

3Y

5Y

Monitoring Gretex Industries 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
24 Dec 2024240.95
19 Nov 2024253.6
12 Nov 2024258.75
08 Nov 2024258.75
06 Nov 2024264

SWOT Analysis Of Gretex Industries Ltd

Strength

4

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Gretex Industries Ltd

Asset Value vs Market Value of Gretex Industries Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Key Valuation Metric of Gretex Industries Ltd

No data available

Historical Revenue, EBITDA and Net Profit of Gretex Industries Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

* All values are in %

FAQs for PB Ratio of Gretex Industries Ltd

What is the PB ratio of Gretex Industries Ltd?

The current PB ratio of Gretex Industries Ltd is 0.0. 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 Industries Ltd stocks?

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

The PB ratio of Gretex Industries 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 Industries Ltd?

A high PB ratio suggests that Gretex Industries 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 Industries Ltd?

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

Can Gretex Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Gretex Industries Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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