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Kitex Garments Ltd PB Ratio

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Kitex Garments Ltd

NSE: KITEX

PB

4.4

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Kitex Garments Ltd is 4.4.
  • The PB ratio of the Kitex Garments Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Kitex Garments Ltd changed from 1.2 on March 2019 to 1.3 on March 2024 . This represents a CAGR of 1.34% over 6 years.

Historical P/B Ratio of Kitex Garments Ltd

No data available

Company Fundamentals for Kitex Garments Ltd

Market Cap

4,235 Cr

EPS

15.0

P/E Ratio (TTM)

42.4

P/B Ratio (TTM)

4.4

Day’s High

679.9

Day’s Low

635.55

DTE

0.9

ROE

10.4

52 Week High

679.9

52 Week Low

176.8

ROCE

7.9

Market Price of Kitex Garments Ltd

1M

1Y

3Y

5Y

Monitoring Kitex Garments 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 2024636.9
21 Nov 2024669
19 Nov 2024637.15
18 Nov 2024606.85
14 Nov 2024608.75

SWOT Analysis Of Kitex Garments Ltd

Strength

2

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Kitex Garments Ltd

Asset Value vs Market Value of Kitex Garments Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Kitex Garments Ltd4.42
Page Industries Ltd1336.4
Vedant Fashions Ltd62.7
K P R Mill Ltd106.9
Gokaldas Exports Ltd284.5

Historical Market Cap of Kitex Garments Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Kitex Garments Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Kitex Garments Ltd

What is the PB ratio of Kitex Garments Ltd?

The current PB ratio of Kitex Garments Ltd is 4.42. 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 Kitex Garments Ltd stocks?

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

The PB ratio of Kitex Garments 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 Kitex Garments Ltd?

A high PB ratio suggests that Kitex Garments 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 Kitex Garments Ltd?

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

Can Kitex Garments Ltd PB Ratio change over time?

Yes, the PB ratio of Kitex Garments 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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