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Grindwell Norton Ltd PB Ratio

Grindwell Norton Ltd PB Ratio

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₹ 0.3 Cr

Volume transacted

stocks purchased

1.3 K

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Last Updated time: 18 Sep 9.00 AM

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Grindwell Norton Ltd

NSE: GRINDWELL

PB

12.8

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Grindwell Norton Ltd is 12.8 as of 18 Sep 24.
  • The P/B Ratio of Grindwell Norton Ltd changed from 12.7 on March 2022 to 10.3 on March 2024 . This represents a CAGR of -6.74% over 3 years. .

Historical P/B Ratio of Grindwell Norton Ltd

No data available

Company Fundamentals for Grindwell Norton Ltd

Market Cap

26,246 Cr

EPS

34.3

P/E Ratio (TTM) *

69.1

P/B Ratio (TTM) *

12.8

Day’s High *

2402.9

Day’s Low

2347.1

DTE *

0.0

ROE *

18.7

52 Week High

2959.45

52 Week Low

1850.05

ROCE *

24.1

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Grindwell Norton 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 20242370.5
17 Sep 20242396.35
16 Sep 20242436.8
13 Sep 20242473.8
12 Sep 20242461.55
11 Sep 20242469.6
10 Sep 20242483.8
09 Sep 20242422.7
06 Sep 20242454.85
05 Sep 20242439.25

SWOT Analysis Of Grindwell Norton Ltd

Strength

4

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Grindwell Norton Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Grindwell Norton Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Grindwell Norton Ltd1226,246
Cummins India Ltd2221,04,324
Thermax Ltd29662,149
Carborundum Universal Ltd12028,529
Jyoti CNC Automation Ltd7726,768
Elgi Equipments Ltd4623,198

Key Valuation Metric of Grindwell Norton 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 Grindwell Norton Ltd

No data available

* All values are in crore

Historical Revenue of Grindwell Norton Ltd

No data available

* All values are in crore

Historical EBITDA of Grindwell Norton Ltd

No data available

* All values are in crore

Historical Net Profit of Grindwell Norton Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Grindwell Norton Ltd News Hub

News

Board of Grindwell Norton approves investment towards sourcing of solar power

The Board of Grindwell Norton at its meeting held on 18 July 2024 has approved the investm...

Read more

18 Jul 202413:59

News

Board of Grindwell Norton accepts cessation of director

The Board of Grindwell Norton at its meeting held on 18 July 2024 has taken note of retire...

Read more

18 Jul 202414:01

News

Grindwell Norton Q1 PAT slips 4% YoY to Rs 93 cr

However, revenue from operations grew by 5.57% year on year to Rs 705.60 crore in the quar...

Read more

18 Jul 202415:23

News

Board of Grindwell Norton appoints Subodh Nadkarni as Chairman

The Board of Grindwell Norton at its meeting held on 18 July 2024 has approved the appoint...

Read more

18 Jul 202419:27

News

Grindwell Norton to conduct board meeting

Grindwell Norton will hold a meeting of the Board of Directors of the Company on 18 July 2...

Read more

10 Jul 202409:41

News

Board of Grindwell Norton recommends Final Dividend

Grindwell Norton announced that the Board of Directors of the Company at its meeting held ...

Read more

06 May 202415:18

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Annual Reports

Annual Report 2024

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Credit Ratings

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Concalls

May 2023

PPT

May 2022

PPT

May 2021

PPT

May 2020

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FAQs for PB Ratio of Grindwell Norton Ltd

What is the PB ratio of Grindwell Norton Ltd?

The current PB ratio of Grindwell Norton Ltd is 12.79. 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 Grindwell Norton Ltd stocks?

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

The PB ratio of Grindwell Norton 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 Grindwell Norton Ltd?

A high PB ratio suggests that Grindwell Norton 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 Grindwell Norton Ltd?

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

Can Grindwell Norton Ltd PB Ratio change over time?

Yes, the PB ratio of Grindwell Norton 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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