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Latteys Industries Ltd PB Ratio

Latteys Industries Ltd PB Ratio

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Last Updated on: Nov 08, 2024

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Latteys Industries Ltd

NSE: LATTEYS

PB

12.1

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Latteys Industries Ltd is 12.1 as of 07 Nov 24.
  • The P/B Ratio of Latteys Industries Ltd changed from 9 on March 2023 to 4.3 on March 2024 . This represents a CAGR of -30.88% over 2 years. .

Historical P/B Ratio of Latteys Industries Ltd

No data available

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Latteys 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
07 Nov 202438.84
06 Nov 202438.08
05 Nov 202437.34
04 Nov 202438.11
01 Nov 202438.89
31 Oct 202439.69
30 Oct 202440.5
29 Oct 202441.33
28 Oct 202442.18
25 Oct 202443.05

SWOT Analysis Of Latteys Industries Ltd

Strength

2

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Latteys Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Latteys Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Latteys Industries Ltd12223
Cummins India Ltd22298,572
Thermax Ltd29660,754
Carborundum Universal Ltd12727,194
Jyoti CNC Automation Ltd7726,182
Grindwell Norton Ltd18424,264

Key Valuation Metric of Latteys Industries Ltd

Share Price

₹39

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 Latteys Industries Ltd

No data available

* All values are in crore

Historical Revenue of Latteys Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Latteys Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Latteys Industries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Latteys Industries Ltd News Hub

News

Latteys Industries schedules board meeting

Latteys Industries will hold a meeting of the Board of Directors of the Company on 12 Nove...

Read more

30 Oct 202416:56

News

Latteys Industries EGM scheduled

Latteys Industries announced that an Extra Ordinary General Meeting (EGM) of the Company w...

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05 Oct 202413:50

News

Latteys Industries to convene board meeting

Latteys Industries will hold a meeting of the Board of Directors of the Company on 28 Sept...

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21 Sep 202410:38

News

Latteys Industries to conduct AGM

Latteys Industries announced that the 11th Annual General Meeting (AGM) of the company wil...

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04 Sep 202410:55

News

Latteys Industries to conduct board meeting

Latteys Industries will hold a meeting of the Board of Directors of the Company on 2 Septe...

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21 Aug 202416:54

News

Latteys Industries to table results

Latteys Industries will hold a meeting of the Board of Directors of the Company on 13 Augu...

Read more

03 Aug 202410:51

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Concalls

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FAQs for PB Ratio of Latteys Industries Ltd

What is the PB ratio of Latteys Industries Ltd?

The current PB ratio of Latteys Industries Ltd is 12.11. 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 Latteys Industries Ltd stocks?

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

The PB ratio of Latteys 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 Latteys Industries Ltd?

A high PB ratio suggests that Latteys 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 Latteys Industries Ltd?

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

Can Latteys Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Latteys 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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