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PB Ratio of Lumax Industries Ltd

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Lumax Industries Ltd

NSE: LUMAXIND

PB Ratio

3.2

Last updated on: Dec 27, 2024

Key Highlights

  • The latest PB Ratio of Lumax Industries Ltd is 3.2.
  • The PB ratio of the Lumax Industries Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Lumax Industries Ltd changed from 3.9 on March 2019 to 3.3 on March 2024 . This represents a CAGR of -2.75% over 6 years.

Historical P/B Ratio of Lumax Industries Ltd

No data available

Company Fundamentals for Lumax Industries Ltd

Market Cap

2,206 Cr

EPS

132.7

P/E Ratio (TTM)

17.8

P/B Ratio (TTM)

3.2

Day’s High

2382.95

Day’s Low

2360.0

DTE

1.3

ROE

17.8

52 Week High

3045.0

52 Week Low

2020.05

ROCE

13.9

Market Price of Lumax Industries Ltd

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
27 Dec 20242360
26 Dec 20242377.9
24 Dec 20242384.45
23 Dec 20242346
20 Dec 20242423.75

SWOT Analysis Of Lumax Industries Ltd

Strength

4

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Lumax Industries Ltd

Asset Value vs Market Value of Lumax Industries Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Lumax Industries Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Lumax Industries Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 3.17. 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.

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