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PB Ratio of Laxmi Goldorna House Ltd

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Laxmi Goldorna House Ltd

NSE: LGHL

PB Ratio

18.4

Last updated on: Jan 14, 2025

Key Highlights

  • The latest PB Ratio of Laxmi Goldorna House Ltd is 18.4.
  • The PB ratio of the Laxmi Goldorna House Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Laxmi Goldorna House Ltd changed from 1.1 on March 2021 to 13.3 on March 2024 . This represents a CAGR of 86.47% over 4 years.

Historical P/B Ratio of Laxmi Goldorna House Ltd

No data available

Company Fundamentals for Laxmi Goldorna House Ltd

Market Price of Laxmi Goldorna House Ltd

1M

1Y

3Y

5Y

Monitoring Laxmi Goldorna House 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
14 Jan 2025527.65
13 Jan 2025515
10 Jan 2025527.4
09 Jan 2025531
08 Jan 2025514.85

SWOT Analysis Of Laxmi Goldorna House Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Laxmi Goldorna House Ltd

Asset Value vs Market Value of Laxmi Goldorna House Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Laxmi Goldorna House Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Laxmi Goldorna House Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

PB Ratio of Laxmi Goldorna House Ltd Explained

``

1101

Market cap

29

Book Value per Share

18.4X

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

FAQs for PB Ratio of Laxmi Goldorna House Ltd

What is the PB ratio of Laxmi Goldorna House Ltd?

The current PB ratio of Laxmi Goldorna House Ltd is 18.4. 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 Laxmi Goldorna House Ltd stocks?

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

The PB ratio of Laxmi Goldorna House 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 Laxmi Goldorna House Ltd?

A high PB ratio suggests that Laxmi Goldorna House 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 Laxmi Goldorna House Ltd?

A low PB ratio of Laxmi Goldorna House Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Laxmi Goldorna House Ltd PB Ratio change over time?

Yes, the PB ratio of Laxmi Goldorna House Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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