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Hle Glascoat Ltd PB Ratio

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HLE Glascoat Ltd

NSE: HLEGLAS

PB

5.7

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of HLE Glascoat Ltd is 5.7.
  • The PB ratio of the HLE Glascoat Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of HLE Glascoat Ltd changed from 3.5 on March 2019 to 6.9 on March 2024 . This represents a CAGR of 11.98% over 6 years.

Historical P/B Ratio of HLE Glascoat Ltd

No data available

Company Fundamentals for HLE Glascoat Ltd

Market Cap

2,461 Cr

EPS

4.5

P/E Ratio (TTM)

80.1

P/B Ratio (TTM)

5.7

Day’s High

364.3

Day’s Low

353.1

DTE

0.8

ROE

6.7

52 Week High

581.95

52 Week Low

350.05

ROCE

11.7

Market Price of HLE Glascoat Ltd

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 Market Price

Date
leftPrice (₹)right
22 Nov 2024360.6
21 Nov 2024356.2
19 Nov 2024364.05
18 Nov 2024365.3
14 Nov 2024374.75

SWOT Analysis Of HLE Glascoat Ltd

Strength

1

che

Weakness

3

che

Opportunity

1

che

Threats

1

che

BlinkX Score for HLE Glascoat Ltd

Asset Value vs Market Value of HLE Glascoat Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
HLE Glascoat Ltd5.71
Cummins India Ltd233.6
Thermax Ltd300.8
Jyoti CNC Automation Ltd82.1
Carborundum Universal Ltd127.8

Historical Market Cap of HLE Glascoat Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of HLE Glascoat Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 5.71. 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.
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