HomeInsightsPB

Minaxi Textiles Ltd PB Ratio

Minaxi Textiles Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume transacted

stocks purchased

24.9 K

stocks traded

Last Updated time: 18 Sep 9.00 AM

Image

Minaxi Textiles Ltd

NSE: MINAXITEXTILES

PB

4.3

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Minaxi Textiles Ltd is 4.3 as of 18 Sep 24.
  • The P/B Ratio of Minaxi Textiles Ltd changed from 1.4 on March 2022 to 4.9 on March 2024 . This represents a CAGR of 51.83% over 3 years. .

Historical P/B Ratio of Minaxi Textiles Ltd

No data available

Company Fundamentals for Minaxi Textiles Ltd

Market Cap

11 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

4.3

Day’s High *

2.42

Day’s Low

2.42

DTE *

6.0

ROE *

-111.4

52 Week High

4.35

52 Week Low

1.4

ROCE *

-13.1

Share price Over Time

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 Share Price

Date
leftPriceleft
18 Sep 20242.42
17 Sep 20242.31
16 Sep 20242.2
13 Sep 20242.1
12 Sep 20242
11 Sep 20241.91
10 Sep 20241.82
09 Sep 20241.91
06 Sep 20242.01
05 Sep 20241.94

SWOT Analysis Of Minaxi Textiles Ltd

Strength

0

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Minaxi Textiles Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Minaxi Textiles Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Minaxi Textiles Ltd411
Grasim Industries Ltd7911,83,298
Trident Ltd718,438
Welspun Living Ltd3817,342
LS Industries Ltd016,153
Raymond Lifestyle Ltd38614,282

Key Valuation Metric of Minaxi Textiles Ltd

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 Minaxi Textiles Ltd

No data available

* All values are in crore

Historical Revenue of Minaxi Textiles Ltd

No data available

* All values are in crore

Historical EBITDA of Minaxi Textiles Ltd

No data available

* All values are in crore

Historical Net Profit of Minaxi Textiles Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Minaxi Textiles Ltd News Hub

News

Minaxi Textiles to convene AGM

Minaxi Textiles announced that the 29th Annual General Meeting (AGM) of the company will b...

Read more

17 Aug 202409:44

News

Minaxi Textiles to table results

Minaxi Textiles will hold a meeting of the Board of Directors of the Company on 13 August ...

Read more

02 Aug 202417:27

News

Minaxi Textiles to hold board meeting

Minaxi Textiles will hold a meeting of the Board of Directors of the Company on 14 May 202...

Read more

08 May 202417:03

News

Minaxi Textiles to announce Quarterly Result

Minaxi Textiles will hold a meeting of the Board of Directors of the Company on 6 February...

Read more

29 Jan 202410:40

News

Minaxi Textiles to announce Quarterly Result

Minaxi Textiles will hold a meeting of the Board of Directors of the Company on 7 November...

Read more

31 Oct 202319:11

News

Minaxi Textiles AGM scheduled

Minaxi Textiles announced that the 28th Annual General Meeting (AGM) of the company will b...

Read more

14 Aug 202317:37

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

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 4.28. 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.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*