HomeInsightsPB

Hle Glascoat Ltd PB Ratio

Hle Glascoat Ltd PB Ratio

stocks purchased

₹ 0.5 Cr

Volume transacted

stocks purchased

13.6 K

stocks traded

Last Updated time: 18 Sep 9.00 AM

Image

HLE Glascoat Ltd

NSE: HLEGLAS

PB

6.8

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of HLE Glascoat Ltd is 6.8 as of 18 Sep 24.
  • The P/B Ratio of HLE Glascoat Ltd changed from 30.9 on March 2022 to 6.9 on March 2024 . This represents a CAGR of -39.33% over 3 years. .

Historical P/B Ratio of HLE Glascoat Ltd

No data available

Company Fundamentals for HLE Glascoat Ltd

Market Cap

2,743 Cr

EPS

4.3

P/E Ratio (TTM) *

93.7

P/B Ratio (TTM) *

6.8

Day’s High *

408.15

Day’s Low

401.35

DTE *

0.9

ROE *

7.1

52 Week High

591.15

52 Week Low

397.0

ROCE *

10.9

Share price Over Time

1M

1Y

3Y

5Y

Monitoring HLE Glascoat 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 2024401.95
17 Sep 2024402.5
16 Sep 2024403.25
13 Sep 2024404.6
12 Sep 2024404.5
11 Sep 2024405.2
10 Sep 2024406.2
09 Sep 2024405.9
06 Sep 2024409.75
05 Sep 2024417.3

SWOT Analysis Of HLE Glascoat Ltd

Strength

1

S

Weakness

3

W

Opportunity

1

O

Threats

1

T

BlinkX Score for HLE Glascoat Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of HLE Glascoat Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
HLE Glascoat Ltd62,743
Cummins India Ltd2221,04,324
Thermax Ltd29662,149
Carborundum Universal Ltd12028,529
Jyoti CNC Automation Ltd7726,768
Grindwell Norton Ltd18426,246

Key Valuation Metric of HLE Glascoat 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 HLE Glascoat Ltd

No data available

* All values are in crore

Historical Revenue of HLE Glascoat Ltd

No data available

* All values are in crore

Historical EBITDA of HLE Glascoat Ltd

No data available

* All values are in crore

Historical Net Profit of HLE Glascoat Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

HLE Glascoat Ltd News Hub

News

HLE Glascoat to conduct AGM

HLE Glascoat announced that the Annual General Meeting (AGM) of the company will be held o...

Read more

10 Sep 202410:33

News

HLE Glascoat to hold AGM

HLE Glascoat announced that the Annual General Meeting (AGM) of the company will be held o...

Read more

10 Sep 202410:26

News

HLE Glascoat to discuss results

HLE Glascoat will hold a meeting of the Board of Directors of the Company on 5 August 2024...

Read more

31 Jul 202411:20

News

Board of HLE Glascoat recommends final dividend

HLE Glascoat announced that the Board of Directors of the Company at its meeting held on 2...

Read more

28 May 202410:42

News

HLE Glascoat to announce Quarterly Result

HLE Glascoat will hold a meeting of the Board of Directors of the Company on 27 May 2024 P...

Read more

23 May 202415:33

News

HLE Glascoat to conduct board meeting

HLE Glascoat will hold a meeting of the Board of Directors of the Company on 13 February 2...

Read more

07 Feb 202420:01

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

FAQs for PB Ratio of HLE Glascoat Ltd

What is the PB ratio of HLE Glascoat Ltd?

The current PB ratio of HLE Glascoat Ltd is 6.79. 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 HLE Glascoat Ltd stocks?

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

The PB ratio of HLE Glascoat 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 HLE Glascoat Ltd?

A high PB ratio suggests that HLE Glascoat 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 HLE Glascoat Ltd?

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

Can HLE Glascoat Ltd PB Ratio change over time?

Yes, the PB ratio of HLE Glascoat 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.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*