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Lerthai Finance Ltd PB Ratio

Lerthai Finance Ltd PB Ratio

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₹ 0.0 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

0.0 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Lerthai Finance Ltd

NSE: LERTHAIFINANCE

PB

3.8

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Lerthai Finance Ltd is 3.8 as of 07 Nov 24.
  • The P/B Ratio of Lerthai Finance Ltd changed from 1.5 on March 2022 to 2.6 on March 2024 . This represents a CAGR of 20.12% over 3 years. .

Historical P/B Ratio of Lerthai Finance Ltd

No data available

Company Fundamentals for Lerthai Finance Ltd

Market Cap

38 Cr

EPS

10.6

P/E Ratio (TTM) *

51.7

P/B Ratio (TTM) *

3.8

Day’s High *

545.0

Day’s Low

545.0

DTE *

0.0

ROE *

7.5

52 Week High

561.0

52 Week Low

200.9

ROCE *

9.6

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Lerthai Finance 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 2024545
05 Nov 2024545
04 Nov 2024559
31 Oct 2024550
30 Oct 2024543
25 Oct 2024529.95
24 Oct 2024520.5
23 Oct 2024498.75
22 Oct 2024475
18 Oct 2024500

SWOT Analysis Of Lerthai Finance Ltd

Strength

2

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Lerthai Finance Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Lerthai Finance Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Lerthai Finance Ltd

Share Price

₹545

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 Lerthai Finance Ltd

No data available

* All values are in crore

Historical Revenue of Lerthai Finance Ltd

No data available

* All values are in crore

Historical EBITDA of Lerthai Finance Ltd

No data available

* All values are in crore

Historical Net Profit of Lerthai Finance Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Lerthai Finance Ltd News Hub

News

Lerthai Finance to table results

Lerthai Finance will hold a meeting of the Board of Directors of the Company on 11 Novembe...

Read more

07 Nov 202411:43

News

Lerthai Finance to conduct AGM

Lerthai Finance announced that the 45th Annual General Meeting (AGM) of the company will b...

Read more

02 Aug 202416:48

News

Lerthai Finance to conduct board meeting

Lerthai Finance will hold a meeting of the Board of Directors of the Company on 1 August 2...

Read more

30 Jul 202411:27

News

Lerthai Finance announces board meeting date

Lerthai Finance will hold a meeting of the Board of Directors of the Company on 2 May 2024...

Read more

25 Apr 202410:40

News

Lerthai Finance schedules board meeting

Lerthai Finance will hold a meeting of the Board of Directors of the Company on 14 Februar...

Read more

30 Jan 202415:38

News

Lerthai Finance to hold board meeting

Lerthai Finance will hold a meeting of the Board of Directors of the Company on 6 November...

Read more

02 Nov 202311:33

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Annual Reports

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Concalls

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FAQs for PB Ratio of Lerthai Finance Ltd

What is the PB ratio of Lerthai Finance Ltd?

The current PB ratio of Lerthai Finance Ltd is 3.76. 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 Lerthai Finance Ltd stocks?

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

The PB ratio of Lerthai Finance 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 Lerthai Finance Ltd?

A high PB ratio suggests that Lerthai Finance 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 Lerthai Finance Ltd?

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

Can Lerthai Finance Ltd PB Ratio change over time?

Yes, the PB ratio of Lerthai Finance 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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