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Kanani Industries Ltd PB Ratio

Kanani Industries Ltd PB Ratio

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₹ 0.1 Cr

Volume transacted

stocks purchased

219.5 K

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Last Updated time: 18 Sep 9.00 AM

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Kanani Industries Ltd

NSE: KANANIIND

PB

0.9

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Kanani Industries Ltd is 0.9 as of 18 Sep 24.
  • The P/B Ratio of Kanani Industries Ltd changed from 3.8 on March 2022 to 1.2 on March 2024 . This represents a CAGR of -31.90% over 3 years. .

Historical P/B Ratio of Kanani Industries Ltd

No data available

Company Fundamentals for Kanani Industries Ltd

Market Cap

56 Cr

EPS

0.0

P/E Ratio (TTM) *

96.0

P/B Ratio (TTM) *

0.9

Day’s High *

2.93

Day’s Low

2.86

DTE *

0.1

ROE *

1.0

52 Week High

7.45

52 Week Low

2.63

ROCE *

2.1

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Kanani Industries 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 20242.88
17 Sep 20242.88
16 Sep 20242.93
13 Sep 20242.87
12 Sep 20242.86
11 Sep 20242.89
10 Sep 20242.9
09 Sep 20242.89
06 Sep 20242.87
05 Sep 20242.92

SWOT Analysis Of Kanani Industries Ltd

Strength

2

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Kanani Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Kanani Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Kanani Industries Ltd056
Titan Company Ltd1623,30,581
Kalyan Jewellers India Ltd4071,877
P N Gadgil Jewellers Ltd8810,461
Senco Gold Ltd1779,790
Rajesh Exports Ltd1708,570

Key Valuation Metric of Kanani Industries 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 Kanani Industries Ltd

No data available

* All values are in crore

Historical Revenue of Kanani Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Kanani Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Kanani Industries Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Kanani Industries Ltd News Hub

News

Kanani Industries to hold AGM

Kanani Industries announced that the 41th Annual General Meeting (AGM) of the company will...

Read more

05 Sep 202415:14

News

Kanani Industries to convene board meeting

Kanani Industries will hold a meeting of the Board of Directors of the Company on 12 Augus...

Read more

07 Aug 202416:52

News

Kanani Industries Ltd leads losers in 'B' group

Money Masters Leasing & Finance Ltd, Bonlon Industries Ltd, Brand Concepts Ltd and Dynemic...

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10 Jun 202414:45

News

Kanani Industries to table results

Kanani Industries will hold a meeting of the Board of Directors of the Company on 30 May 2...

Read more

27 May 202416:29

News

Kanani Industries to conduct board meeting

Kanani Industries will hold a meeting of the Board of Directors of the Company on 7 Februa...

Read more

01 Feb 202410:49

News

Kanani Industries to announce Quarterly Result

Kanani Industries will hold a meeting of the Board of Directors of the Company on 31 Janua...

Read more

30 Jan 202415:47

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FAQs for PB Ratio of Kanani Industries Ltd

What is the PB ratio of Kanani Industries Ltd?

The current PB ratio of Kanani Industries Ltd is 0.9. 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 Kanani Industries Ltd stocks?

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

The PB ratio of Kanani Industries 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 Kanani Industries Ltd?

A high PB ratio suggests that Kanani Industries 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 Kanani Industries Ltd?

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

Can Kanani Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Kanani Industries 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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