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Gretex Industries Ltd PB Ratio

Gretex Industries Ltd PB Ratio

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₹ 1.5 Cr

Volume Transacted

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55.5 K

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Last Updated on: Nov 08, 2024

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Gretex Industries Ltd

NSE: GRETEX

PB

11.4

Last updated on: Nov 06, 2024

Key Highlights

  • The P/B Ratio of Gretex Industries Ltd is 11.4 as of 06 Nov 24.
  • The P/B Ratio of Gretex Industries Ltd changed from 1.1 on March 2022 to 1.2 on March 2024 . This represents a CAGR of 2.94% over 3 years. .

Historical P/B Ratio of Gretex Industries Ltd

No data available

Market Price Over Time

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
06 Nov 2024264
05 Nov 2024276.25
04 Nov 2024263.1
01 Nov 2024250.6
31 Oct 2024238.7
30 Oct 2024227.35
29 Oct 2024221.9
21 Oct 2024233.5
09 Oct 2024233.5
04 Oct 2024235.7

SWOT Analysis Of Gretex Industries Ltd

Strength

4

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Gretex Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Gretex Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Gretex Industries Ltd

Share Price

₹264

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 Industries Ltd

No data available

* All values are in crore

Historical Revenue of Gretex Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Gretex Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Gretex Industries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Gretex Industries Ltd News Hub

News

Gretex Industries to announce Quarterly Result

Gretex Industries will hold a meeting of the Board of Directors of the Company on 7 Novemb...

Read more

31 Oct 202414:25

News

Gretex Industries to conduct board meeting

Gretex Industries will hold a meeting of the Board of Directors of the Company on 25 July ...

Read more

18 Jul 202412:13

News

Gretex Industries schedules AGM

Gretex Industries announced that the 15th Annual General Meeting (AGM) of the company will...

Read more

06 Jul 202417:33

News

Gretex Industries to conduct board meeting

Gretex Industries will hold a meeting of the Board of Directors of the Company on 2 July 2...

Read more

28 Jun 202411:12

News

Gretex Industries to conduct EGM

Gretex Industries announced that an Extra Ordinary General Meeting (EGM) of the Company wi...

Read more

24 May 202416:48

News

Gretex Industries to convene board meeting

Gretex Industries will hold a meeting of the Board of Directors of the Company on 30 April...

Read more

22 Apr 202409:59

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Annual Reports

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Credit Ratings

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Concalls

Data not available

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.
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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