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Kanani Industries Ltd PB Ratio

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Kanani Industries Ltd

NSE: KANANIIND

PB

0.8

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Kanani Industries Ltd is 0.8.
  • The PB ratio of the Kanani Industries Ltd is below 1 which indicates that the stock is undervalued.
  • The P/B Ratio of Kanani Industries Ltd changed from 1.1 on March 2019 to 1.2 on March 2024 . This represents a CAGR of 1.46% over 6 years.

Historical P/B Ratio of Kanani Industries Ltd

No data available

Company Fundamentals for Kanani Industries Ltd

Market Cap

51 Cr

EPS

0.0

P/E Ratio (TTM)

259.0

P/B Ratio (TTM)

0.8

Day’s High

2.69

Day’s Low

2.5

DTE

0.0

ROE

0.4

52 Week High

7.45

52 Week Low

2.5

ROCE

0.9

Market Price of Kanani Industries Ltd

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 Market Price

Date
leftPrice (₹)right
22 Nov 20242.59
21 Nov 20242.65
19 Nov 20242.61
18 Nov 20242.6
14 Nov 20242.73

SWOT Analysis Of Kanani Industries Ltd

Strength

2

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Kanani Industries Ltd

Asset Value vs Market Value of Kanani Industries Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Kanani Industries Ltd0.81
Titan Company Ltd168.6
Kalyan Jewellers India Ltd42.1
Senco Gold Ltd185.3
P N Gadgil Jewellers Ltd104.7

Historical Market Cap of Kanani Industries Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Kanani Industries Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 0.81. 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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