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PB Ratio of Meera Industries Ltd

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Meera Industries Ltd

NSE: MEERAINDUSTRIES

PB Ratio

2.7

Last updated on: Dec 26, 2024

Key Highlights

  • The latest PB Ratio of Meera Industries Ltd is 2.7.
  • The PB ratio of the Meera 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 Meera Industries Ltd changed from 5.8 on March 2019 to 1.8 on March 2024 . This represents a CAGR of -17.72% over 6 years.

Historical P/B Ratio of Meera Industries Ltd

No data available

Company Fundamentals for Meera Industries Ltd

Market Cap

76 Cr

EPS

3.0

P/E Ratio (TTM)

23.5

P/B Ratio (TTM)

2.7

Day’s High

72.85

Day’s Low

72.5

DTE

0.2

ROE

11.5

52 Week High

140.0

52 Week Low

37.25

ROCE

11.2

Market Price of Meera Industries Ltd

1M

1Y

3Y

5Y

Monitoring Meera 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
26 Dec 202471.43
24 Dec 202470.03
23 Dec 202471.45
20 Dec 202472.9
19 Dec 202474.38

SWOT Analysis

Strength

0

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Meera Industries Ltd

Asset Value vs Market Value of Meera Industries Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Meera Industries Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Meera Industries Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Meera Industries Ltd

What is the PB ratio of Meera Industries Ltd?

The current PB ratio of Meera Industries Ltd is 2.71. 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 Meera Industries Ltd stocks?

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

The PB ratio of Meera 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 Meera Industries Ltd?

A high PB ratio suggests that Meera 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 Meera Industries Ltd?

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

Can Meera Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Meera 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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