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Grindwell Norton Ltd PB Ratio

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Grindwell Norton Ltd

NSE: GRINDWELL

PB

10.9

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Grindwell Norton Ltd is 10.9.
  • The PB ratio of the Grindwell Norton Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Grindwell Norton Ltd changed from 6 on March 2019 to 10.3 on March 2024 . This represents a CAGR of 9.42% over 6 years.

Historical P/B Ratio of Grindwell Norton Ltd

No data available

Company Fundamentals for Grindwell Norton Ltd

Market Cap

22,466 Cr

EPS

33.8

P/E Ratio (TTM)

60.0

P/B Ratio (TTM)

10.9

Day’s High

2080.45

Day’s Low

2023.75

DTE

0.0

ROE

18.2

52 Week High

2959.45

52 Week Low

1850.05

ROCE

23.6

Market Price of Grindwell Norton Ltd

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 Market Price

Date
leftPrice (₹)right
21 Nov 20242029.15
19 Nov 20242098.2
18 Nov 20242096.3
14 Nov 20242083.25
13 Nov 20242094.6

SWOT Analysis Of Grindwell Norton Ltd

Strength

4

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Grindwell Norton Ltd

Asset Value vs Market Value of Grindwell Norton Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Grindwell Norton Ltd10.94
Cummins India Ltd236.6
Thermax Ltd309.4
Jyoti CNC Automation Ltd84.0
Carborundum Universal Ltd127.3

Historical Market Cap of Grindwell Norton Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Grindwell Norton Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 10.94. 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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