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Nandan Denim Ltd PB Ratio

Nandan Denim Ltd PB Ratio

stocks purchased

₹ 3.5 Cr

Volume transacted

stocks purchased

534.2 K

stocks traded

Last Updated time: 18 Sep 9.00 AM

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Nandan Denim Ltd

NSE: NDL

PB

1.6

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Nandan Denim Ltd is 1.6 as of 18 Sep 24.
  • The P/B Ratio of Nandan Denim Ltd changed from 1.7 on March 2022 to 0.8 on March 2024 . This represents a CAGR of -22.22% over 3 years. .

Historical P/B Ratio of Nandan Denim Ltd

No data available

Company Fundamentals for Nandan Denim Ltd

Market Cap

936 Cr

EPS

3.5

P/E Ratio (TTM) *

18.5

P/B Ratio (TTM) *

1.6

Day’s High *

66.13

Day’s Low

62.5

DTE *

0.6

ROE *

7.7

52 Week High

67.5

52 Week Low

20.45

ROCE *

12.2

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Nandan Denim 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 202464.94
17 Sep 202464.68
16 Sep 202462.83
13 Sep 202464.67
12 Sep 202465.35
11 Sep 202465.29
10 Sep 202462.29
09 Sep 202464.16
06 Sep 202459.25
05 Sep 202451.64

SWOT Analysis Of Nandan Denim Ltd

Strength

2

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Nandan Denim Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Nandan Denim Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Nandan Denim Ltd1936
Grasim Industries Ltd7911,83,298
Trident Ltd718,438
Welspun Living Ltd3817,342
LS Industries Ltd016,153
Raymond Lifestyle Ltd38614,282

Key Valuation Metric of Nandan Denim 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 Nandan Denim Ltd

No data available

* All values are in crore

Historical Revenue of Nandan Denim Ltd

No data available

* All values are in crore

Historical EBITDA of Nandan Denim Ltd

No data available

* All values are in crore

Historical Net Profit of Nandan Denim Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Nandan Denim Ltd News Hub

News

Nandan Denim to hold AGM

Nandan Denim announced that the Annual General Meeting (AGM) of the company will be held o...

Read more

16 Aug 202415:07

News

Nandan Denim to convene AGM

Nandan Denim announced that the Annual General Meeting (AGM) of the company will be held o...

Read more

16 Aug 202411:28

News

Nandan Denim to table results

Nandan Denim will hold a meeting of the Board of Directors of the Company on 14 August 202...

Read more

10 Aug 202414:03

News

Nandan Denim spurts as board OKs 1:10 stock split

The company stated the rationale for subdivision is to improve the liquidity of its equity...

Read more

18 Jun 202410:07

News

Nandan Denim board OKs 1:10 stock split

The company stated the rationale for subdivision is to improve the liquidity of its equity...

Read more

17 Jun 202415:50

News

Nandan Denim to consider stock split

Nandan Denim will hold a meeting of the Board of Directors of the Company on 17 June 2024....

Read more

06 Jun 202410:11

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FAQs for PB Ratio of Nandan Denim Ltd

What is the PB ratio of Nandan Denim Ltd?

The current PB ratio of Nandan Denim Ltd is 1.6. 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 Nandan Denim Ltd stocks?

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

The PB ratio of Nandan Denim 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 Nandan Denim Ltd?

A high PB ratio suggests that Nandan Denim 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 Nandan Denim Ltd?

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

Can Nandan Denim Ltd PB Ratio change over time?

Yes, the PB ratio of Nandan Denim 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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