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Happiest Minds Technologies Ltd PB Ratio

Happiest Minds Technologies Ltd PB Ratio

stocks purchased

₹ 6.8 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

85.5 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Happiest Minds Technologies Ltd

NSE: HAPPSTMNDS

PB

8.2

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Happiest Minds Technologies Ltd is 8.2 as of 07 Nov 24.
  • The P/B Ratio of Happiest Minds Technologies Ltd changed from 22.6 on March 2022 to 7.5 on March 2024 . This represents a CAGR of -30.77% over 3 years. .

Historical P/B Ratio of Happiest Minds Technologies Ltd

No data available

Company Fundamentals for Happiest Minds Technologies Ltd

Market Cap

12,078 Cr

EPS

15.2

P/E Ratio (TTM) *

52.3

P/B Ratio (TTM) *

8.2

Day’s High *

794.8

Day’s Low

780.3

DTE *

0.3

ROE *

16.8

52 Week High

959.95

52 Week Low

733.55

ROCE *

18.9

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Happiest Minds Technologies 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
07 Nov 2024793.2
06 Nov 2024785.25
05 Nov 2024763.1
04 Nov 2024757.5
01 Nov 2024769.35
31 Oct 2024764.95
30 Oct 2024769.05
29 Oct 2024762.3
28 Oct 2024767.15
25 Oct 2024768.75

SWOT Analysis Of Happiest Minds Technologies Ltd

Strength

4

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Happiest Minds Technologies Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Happiest Minds Technologies Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Happiest Minds Technologies Ltd812,078
Tata Consultancy Services Ltd23015,01,289
Infosys Ltd1997,48,487
HCL Technologies Ltd1344,96,886
Wipro Ltd1202,94,671
LTIMindtree Ltd6841,74,196

Key Valuation Metric of Happiest Minds Technologies Ltd

Share Price

₹793

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 Happiest Minds Technologies Ltd

No data available

* All values are in crore

Historical Revenue of Happiest Minds Technologies Ltd

No data available

* All values are in crore

Historical EBITDA of Happiest Minds Technologies Ltd

No data available

* All values are in crore

Historical Net Profit of Happiest Minds Technologies Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Happiest Minds Technologies Ltd News Hub

News

Happiest Minds Technologies to discuss results

Happiest Minds Technologies will hold a meeting of the Board of Directors of the Company o...

Read more

22 Oct 202411:35

News

Happiest Minds launches its AI-driven advanced threat detection solution 'Secureline360'

Happiest Minds Technologies announced today the launch of Happiest Minds' Secureline360, a...

Read more

09 Oct 202413:42

News

Happiest Minds features in Top 100 India's Best Workplaces' for Women 2024

Happiest Minds Technologies today announced that it has been recognized among the Top 100 ...

Read more

04 Oct 202409:56

News

Board of Happiest Minds Technologies appoints directors

The board of Happiest Minds Technologies at its meeting held on 05 August 2024 has approve...

Read more

05 Aug 202418:17

News

Happiest Minds Technologies to table results

Happiest Minds Technologies will hold a meeting of the Board of Directors of the Company o...

Read more

31 Jul 202419:07

News

Happiest Minds Technologies to conduct board meeting

Happiest Minds Technologies will hold a meeting of the Board of Directors of the Company o...

Read more

31 Jul 202411:07

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FAQs for PB Ratio of Happiest Minds Technologies Ltd

What is the PB ratio of Happiest Minds Technologies Ltd?

The current PB ratio of Happiest Minds Technologies Ltd is 8.16. 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 Happiest Minds Technologies Ltd stocks?

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

The PB ratio of Happiest Minds Technologies 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 Happiest Minds Technologies Ltd?

A high PB ratio suggests that Happiest Minds Technologies 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 Happiest Minds Technologies Ltd?

A low PB ratio of Happiest Minds Technologies Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Happiest Minds Technologies Ltd PB Ratio change over time?

Yes, the PB ratio of Happiest Minds Technologies 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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