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Minaxi Textiles Ltd PB Ratio

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Minaxi Textiles Ltd

NSE: MINAXITEXTILES

PB

5.2

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Minaxi Textiles Ltd is 5.2.
  • The PB ratio of the Minaxi Textiles Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Minaxi Textiles Ltd changed from 0.3 on March 2019 to 4.9 on March 2024 . This represents a CAGR of 59.29% over 6 years.

Historical P/B Ratio of Minaxi Textiles Ltd

No data available

Company Fundamentals for Minaxi Textiles Ltd

Market Cap

10 Cr

EPS

0.0

P/E Ratio (TTM)

0.0

P/B Ratio (TTM)

5.2

Day’s High

2.21

Day’s Low

2.09

DTE

8.2

ROE

-210.0

52 Week High

4.35

52 Week Low

1.51

ROCE

-21.7

Market Price of Minaxi Textiles Ltd

1M

1Y

3Y

5Y

Monitoring Minaxi Textiles 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
22 Nov 20242.11
21 Nov 20242.17
19 Nov 20242.18
18 Nov 20242.17
14 Nov 20242.09

SWOT Analysis Of Minaxi Textiles Ltd

Strength

0

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Minaxi Textiles Ltd

Asset Value vs Market Value of Minaxi Textiles Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Minaxi Textiles Ltd5.21
Grasim Industries Ltd835.2
Trident Ltd7.0
Welspun Living Ltd38.3
Vardhman Textiles Ltd316.1

Historical Market Cap of Minaxi Textiles Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Minaxi Textiles Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Minaxi Textiles Ltd

What is the PB ratio of Minaxi Textiles Ltd?

The current PB ratio of Minaxi Textiles Ltd is 5.21. 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 Minaxi Textiles Ltd stocks?

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

The PB ratio of Minaxi Textiles 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 Minaxi Textiles Ltd?

A high PB ratio suggests that Minaxi Textiles 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 Minaxi Textiles Ltd?

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

Can Minaxi Textiles Ltd PB Ratio change over time?

Yes, the PB ratio of Minaxi Textiles 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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