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Haryana Financial Corporation Ltd PB Ratio

Haryana Financial Corporation Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Oct 8, 2024)

stocks purchased

0.4 K

Stocks Traded

(Oct 8, 2024)

Last Updated on: Nov 14, 2024

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Haryana Financial Corporation Ltd

NSE: HARYANAFINCO

PB

2.3

Last updated on: Oct 08, 2024

Key Highlights

  • The P/B Ratio of Haryana Financial Corporation Ltd is 2.3 as of 08 Oct 24.
  • The P/B Ratio of Haryana Financial Corporation Ltd changed from 0 on March 2022 to 0 on March 2023 . This represents a CAGR of 0.0% over 2 years. .

Historical P/B Ratio of Haryana Financial Corporation Ltd

No data available

Company Fundamentals for Haryana Financial Corporation Ltd

Market Cap

521 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

2.3

Day’s High *

25.11

Day’s Low

25.11

DTE *

0.0

ROE *

0.1

52 Week High

25.11

52 Week Low

25.11

ROCE *

0.7

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Haryana Financial Corporation 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
08 Oct 202425.11
13 Jul 201124.65
27 Dec 201023.5
10 May 201022.4
23 Sep 200921.35
25 Jun 200920.35
11 May 200919.4
19 Mar 200918.5
16 Jan 200817.65
15 Jan 200816.85

BlinkX Score for Haryana Financial Corporation Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Haryana Financial Corporation Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Haryana Financial Corporation Ltd

Share Price

₹25

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 Haryana Financial Corporation Ltd

No data available

* All values are in crore

Historical Revenue of Haryana Financial Corporation Ltd

No data available

* All values are in crore

Historical EBITDA of Haryana Financial Corporation Ltd

No data available

* All values are in crore

Historical Net Profit of Haryana Financial Corporation Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Haryana Financial Corporation Ltd News Hub

News

Haryana Financial Corporation to announce Quarterly Result

Haryana Financial Corporation will hold a meeting of the Board of Directors of the Company...

Read more

08 Nov 202412:34

News

Haryana Financial Corporation to hold board meeting

Haryana Financial Corporation will hold a meeting of the Board of Directors of the Company...

Read more

10 Aug 202416:43

News

Haryana Financial Corporation schedules board meeting

Haryana Financial Corporation will hold a meeting of the Board of Directors of the Company...

Read more

28 May 202415:37

News

Haryana Financial Corporation AGM scheduled

Haryana Financial Corporation announced that the 56th Annual General Meeting (AGM) of the ...

Read more

05 Mar 202416:17

News

Haryana Financial Corporation revises board meeting date

Haryana Financial Corporation has revised the meeting of the Board of Directors which was ...

Read more

10 Feb 202410:59

News

Haryana Financial Corporation to table results

Haryana Financial Corporation will hold a meeting of the Board of Directors of the Company...

Read more

09 Feb 202415:03

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Annual Reports

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Credit Ratings

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Concalls

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FAQs for PB Ratio of Haryana Financial Corporation Ltd

What is the PB ratio of Haryana Financial Corporation Ltd?

The current PB ratio of Haryana Financial Corporation Ltd is 2.33. 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 Haryana Financial Corporation Ltd stocks?

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

The PB ratio of Haryana Financial Corporation 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 Haryana Financial Corporation Ltd?

A high PB ratio suggests that Haryana Financial Corporation 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 Haryana Financial Corporation Ltd?

A low PB ratio of Haryana Financial Corporation Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Haryana Financial Corporation Ltd PB Ratio change over time?

Yes, the PB ratio of Haryana Financial Corporation 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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