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Lumax Industries Ltd PB Ratio

Lumax Industries Ltd PB Ratio

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₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.0 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Lumax Industries Ltd

NSE: LUMAXIND

PB

3.5

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Lumax Industries Ltd is 3.5 as of 07 Nov 24.
  • The P/B Ratio of Lumax Industries Ltd changed from 1.7 on March 2022 to 3.3 on March 2024 . This represents a CAGR of 24.74% over 3 years. .

Historical P/B Ratio of Lumax Industries Ltd

No data available

Company Fundamentals for Lumax Industries Ltd

Market Cap

2,372 Cr

EPS

130.6

P/E Ratio (TTM) *

19.4

P/B Ratio (TTM) *

3.5

Day’s High *

2535.0

Day’s Low

2525.8

DTE *

1.1

ROE *

16.5

52 Week High

3045.0

52 Week Low

2020.05

ROCE *

14.4

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Lumax 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 20242537.6
06 Nov 20242549.05
05 Nov 20242540.5
04 Nov 20242495.5
01 Nov 20242507.55
31 Oct 20242476.1
30 Oct 20242455.7
29 Oct 20242482.15
28 Oct 20242508.95
25 Oct 20242354.35

SWOT Analysis Of Lumax Industries Ltd

Strength

4

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Lumax Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Lumax Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Lumax Industries Ltd

Share Price

₹2,535

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 Lumax Industries Ltd

No data available

* All values are in crore

Historical Revenue of Lumax Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Lumax Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Lumax Industries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Lumax Industries Ltd News Hub

News

Lumax Industries to hold board meeting

Lumax Industries will hold a meeting of the Board of Directors of the Company on 12 Novemb...

Read more

06 Nov 202410:58

News

Lumax Industries schedules AGM

Lumax Industries announced that the 43th Annual General Meeting (AGM) of the company will ...

Read more

24 Aug 202410:18

News

Lumax Industries to convene board meeting

Lumax Industries will hold a meeting of the Board of Directors of the Company on 8 August ...

Read more

03 Aug 202416:57

News

Lumax Inds board appoints Raju Bhauso as CEO; Vishnu Johri resigns

The appointment succeeds resignation of Vishnu Johri from his position of CEO (key manager...

Read more

08 Jun 202417:32

News

Board of Lumax Industries recommends final dividend

Lumax Industries announced that the Board of Directors of the Company at its meeting held ...

Read more

25 May 202410:27

News

Lumax Industries to discuss results

Lumax Industries will hold a meeting of the Board of Directors of the Company on 24 May 20...

Read more

16 May 202412:32

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Annual Reports

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Concalls

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FAQs for PB Ratio of Lumax Industries Ltd

What is the PB ratio of Lumax Industries Ltd?

The current PB ratio of Lumax Industries Ltd is 3.53. 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 Lumax Industries Ltd stocks?

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

The PB ratio of Lumax 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 Lumax Industries Ltd?

A high PB ratio suggests that Lumax 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 Lumax Industries Ltd?

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

Can Lumax Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Lumax 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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