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Kritika Wires Ltd PB Ratio

Kritika Wires Ltd PB Ratio

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₹ 0.6 Cr

Volume Transacted

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438.7 K

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Last Updated on: Nov 08, 2024

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Kritika Wires Ltd

NSE: KRITIKA

PB

4

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Kritika Wires Ltd is 4 as of 07 Nov 24.
  • The P/B Ratio of Kritika Wires Ltd changed from 1 on March 2023 to 5.3 on March 2024 . This represents a CAGR of 130.22% over 2 years. .

Historical P/B Ratio of Kritika Wires Ltd

No data available

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Kritika Wires 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
07 Nov 202413.18
06 Nov 202413.41
05 Nov 202413.02
04 Nov 202412.93
01 Nov 202413.45
31 Oct 202413.48
30 Oct 202413.07
29 Oct 202412.45
28 Oct 202411.97
25 Oct 202411.96

SWOT Analysis Of Kritika Wires Ltd

Strength

2

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Kritika Wires Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Kritika Wires Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Kritika Wires Ltd3350
JSW Steel Ltd3192,42,112
Tata Steel Ltd1121,88,376
Jindal Steel & Power Ltd47596,602
Tube Investments of India Ltd22077,000
Jindal Stainless Ltd17859,514

Key Valuation Metric of Kritika Wires Ltd

Share Price

₹13

PB Ratio

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 Kritika Wires Ltd

No data available

* All values are in crore

Historical Revenue of Kritika Wires Ltd

No data available

* All values are in crore

Historical EBITDA of Kritika Wires Ltd

No data available

* All values are in crore

Historical Net Profit of Kritika Wires Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Kritika Wires Ltd News Hub

News

Kritika Wires to announce Quarterly Result

Kritika Wires will hold a meeting of the Board of Directors of the Company on 16 October 2...

Read more

10 Oct 202411:13

News

Kritika Wires to conduct AGM

Kritika Wires announced that the 20th Annual General Meeting (AGM) of the company will be ...

Read more

05 Sep 202417:21

News

Kritika Wires announces board meeting date

Kritika Wires will hold a meeting of the Board of Directors of the Company on 8 August 202...

Read more

01 Aug 202415:41

News

Kritika Wires to announce Quarterly Result

Kritika Wires will hold a meeting of the Board of Directors of the Company on 28 May 2024....

Read more

24 May 202418:52

News

Kritika Wires to declare Quarterly Result

Kritika Wires will hold a meeting of the Board of Directors of the Company on 9 November 2...

Read more

06 Nov 202314:07

News

Kritika Wires to hold board meeting

Kritika Wires will hold a meeting of the Board of Directors of the Company on 26 October 2...

Read more

19 Oct 202315:55

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Annual Reports

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Concalls

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FAQs for PB Ratio of Kritika Wires Ltd

What is the PB ratio of Kritika Wires Ltd?

The current PB ratio of Kritika Wires Ltd is 3.95. 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 Kritika Wires Ltd stocks?

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

The PB ratio of Kritika Wires 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 Kritika Wires Ltd?

A high PB ratio suggests that Kritika Wires 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 Kritika Wires Ltd?

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

Can Kritika Wires Ltd PB Ratio change over time?

Yes, the PB ratio of Kritika Wires 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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