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Minda Corporation Ltd PB Ratio

Minda Corporation Ltd PB Ratio

stocks purchased

₹ 3.9 Cr

Volume transacted

stocks purchased

72.1 K

stocks traded

Last Updated time: 18 Sep 9.00 AM

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Minda Corporation Ltd

NSE: MINDACORP

PB

6.5

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Minda Corporation Ltd is 6.5 as of 18 Sep 24.
  • The P/B Ratio of Minda Corporation Ltd changed from 3.7 on March 2022 to 5.1 on March 2024 . This represents a CAGR of 11.29% over 3 years. .

Historical P/B Ratio of Minda Corporation Ltd

No data available

Company Fundamentals for Minda Corporation Ltd

Market Cap

12,843 Cr

EPS

10.3

P/E Ratio (TTM) *

52.2

P/B Ratio (TTM) *

6.5

Day’s High *

557.6

Day’s Low

532.15

DTE *

0.3

ROE *

11.5

52 Week High

652.9

52 Week Low

312.75

ROCE *

14.4

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Minda Corporation 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 2024537.2
17 Sep 2024555.35
16 Sep 2024556.1
13 Sep 2024543.9
12 Sep 2024538.05
11 Sep 2024530.5
10 Sep 2024543.15
09 Sep 2024549.65
06 Sep 2024550.45
05 Sep 2024586.05

SWOT Analysis Of Minda Corporation Ltd

Strength

6

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Minda Corporation Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Minda Corporation Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Minda Corporation 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 Minda Corporation Ltd

No data available

* All values are in crore

Historical Revenue of Minda Corporation Ltd

No data available

* All values are in crore

Historical EBITDA of Minda Corporation Ltd

No data available

* All values are in crore

Historical Net Profit of Minda Corporation Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Minda Corporation Ltd News Hub

News

Minda Corporation gains as board OKs fund raising upto Rs 1,000 cr

In an exchange filling, the company said that the board of directors has approved the prop...

Read more

12 Sep 202416:38

News

Minda Corporation schedules board meeting

Minda Corporation will hold a meeting of the Board of Directors of the Company on 12 Septe...

Read more

10 Sep 202411:17

News

Minda Corp gains as board to mull fund raising on Sep 12

The funds would be raised by issuance of equity shares or any other equity based instrumen...

Read more

09 Sep 202412:26

News

Minda Corp inks pact with Sanco Connecting Tech for electrical distribution systems solutions

This agreement will enhance the product portfolio offering of Minda Corporation in the gro...

Read more

04 Sep 202412:53

News

Minda Corporation Ltd leads losers in 'A' group

Reliance Power Ltd, Power Mech Projects Ltd, Kirloskar Ferrous Industries Ltd and Polyplex...

Read more

27 Aug 202415:00

News

Volumes soar at Minda Corporation Ltd counter

Vardhman Textiles Ltd, Tata Technologies Ltd, Railtel Corporation of India Ltd, Prism John...

Read more

23 Aug 202414:30

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Annual Reports

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Mar 2021

Transcript

Feb 2021

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Nov 2020

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July 2020

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FAQs for PB Ratio of Minda Corporation Ltd

What is the PB ratio of Minda Corporation Ltd?

The current PB ratio of Minda Corporation Ltd is 6.5. 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 Minda Corporation Ltd stocks?

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

The PB ratio of Minda Corporation 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 Minda Corporation Ltd?

A high PB ratio suggests that Minda Corporation 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 Minda Corporation Ltd?

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

Can Minda Corporation Ltd PB Ratio change over time?

Yes, the PB ratio of Minda Corporation 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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