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Hisar Spinning Mills Ltd PB Ratio

Hisar Spinning Mills Ltd PB Ratio

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Last Updated time: 18 Sep 9.00 AM

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Hisar Spinning Mills Ltd

NSE: HISARSPGMILLS

PB

0.9

Last updated: 17 Sep 24

Key Highlights

  • The P/B Ratio of Hisar Spinning Mills Ltd is 0.9 as of 17 Sep 24.
  • The P/B Ratio of Hisar Spinning Mills Ltd changed from 0.9 on March 2022 to 0.9 on March 2024 . This represents a CAGR of 0.00% over 3 years. .

Historical P/B Ratio of Hisar Spinning Mills Ltd

No data available

Company Fundamentals for Hisar Spinning Mills Ltd

Market Cap

20 Cr

EPS

5.2

P/E Ratio (TTM) *

10.4

P/B Ratio (TTM) *

0.9

Day’s High *

53.72

Day’s Low

53.5

DTE *

0.1

ROE *

9.1

52 Week High

60.72

52 Week Low

38.05

ROCE *

12.0

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Hisar Spinning Mills 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
17 Sep 202453.72
13 Sep 202451.17
10 Sep 202449
09 Sep 202447.13
05 Sep 202445
04 Sep 202445
03 Sep 202445
02 Sep 202445.15
30 Aug 202445.15
28 Aug 202443

BlinkX Score for Hisar Spinning Mills Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Hisar Spinning Mills Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Hisar Spinning Mills Ltd020
Grasim Industries Ltd7911,83,298
Trident Ltd718,438
Welspun Living Ltd3817,342
LS Industries Ltd016,153
Raymond Lifestyle Ltd38614,282

Key Valuation Metric of Hisar Spinning Mills 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 Hisar Spinning Mills Ltd

No data available

* All values are in crore

Historical Revenue of Hisar Spinning Mills Ltd

No data available

* All values are in crore

Historical EBITDA of Hisar Spinning Mills Ltd

No data available

* All values are in crore

Historical Net Profit of Hisar Spinning Mills Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Hisar Spinning Mills Ltd News Hub

News

Hisar Spinning Mills to announce Quarterly Result

Hisar Spinning Mills will hold a meeting of the Board of Directors of the Company on 14 Au...

Read more

16 Jul 202415:56

News

Hisar Spinning Mills declare Quarterly Result

Hisar Spinning Mills will hold a meeting of the Board of Directors of the Company on 30 Ma...

Read more

18 May 202412:23

News

Hisar Spinning Mills to table results

Hisar Spinning Mills will hold a meeting of the Board of Directors of the Company on 14 Fe...

Read more

03 Feb 202411:49

News

Hisar Spinning Mills to conduct board meeting

Hisar Spinning Mills will hold a meeting of the Board of Directors of the Company on 7 Nov...

Read more

26 Oct 202312:59

News

Hisar Spinning Mills schedules AGM

Hisar Spinning Mills announced that the Annual General Meeting (AGM) of the company will b...

Read more

12 Sep 202319:39

News

Hisar Spinning Mills to convene board meeting

Hisar Spinning Mills will hold a meeting of the Board of Directors of the Company on 14 Au...

Read more

05 Aug 202313:38

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FAQs for PB Ratio of Hisar Spinning Mills Ltd

What is the PB ratio of Hisar Spinning Mills Ltd?

The current PB ratio of Hisar Spinning Mills Ltd is 0.91. 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 Hisar Spinning Mills Ltd stocks?

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

The PB ratio of Hisar Spinning Mills 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 Hisar Spinning Mills Ltd?

A high PB ratio suggests that Hisar Spinning Mills 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 Hisar Spinning Mills Ltd?

A low PB ratio of Hisar Spinning Mills Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Hisar Spinning Mills Ltd PB Ratio change over time?

Yes, the PB ratio of Hisar Spinning Mills 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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