HomeInsightsPB

Neelkanth Ltd PB Ratio

Neelkanth Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume transacted

stocks purchased

0.0 K

stocks traded

Last Updated time: 18 Sep 9.00 AM

Image

Neelkanth Ltd

NSE: NEELKANTH

PB

1.6

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Neelkanth Ltd is 1.6 as of 18 Sep 24.
  • The P/B Ratio of Neelkanth Ltd changed from 0.8 on March 2022 to 1.7 on March 2024 . This represents a CAGR of 45.77% over 2 years. .

Historical P/B Ratio of Neelkanth Ltd

No data available

Company Fundamentals for Neelkanth Ltd

Market Cap

15 Cr

EPS

0.7

P/E Ratio (TTM) *

52.2

P/B Ratio (TTM) *

1.6

Day’s High *

36.65

Day’s Low

35.46

DTE *

0.0

ROE *

3.1

52 Week High

57.15

52 Week Low

28.24

ROCE *

3.5

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Neelkanth 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 202435.46
17 Sep 202436.56
16 Sep 202434.85
13 Sep 202433.45
12 Sep 202434
11 Sep 202435.4
10 Sep 202435.43
09 Sep 202437.29
06 Sep 202436.41
05 Sep 202436.8

SWOT Analysis Of Neelkanth Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Neelkanth Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Neelkanth Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Neelkanth Ltd115
Adani Enterprises Ltd1463,36,768
Aegis Logistics Ltd6727,073
Cello World Ltd6519,436
Honasa Consumer Ltd3415,275
Redington Ltd4614,908

Key Valuation Metric of Neelkanth 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 Neelkanth Ltd

No data available

* All values are in crore

Historical Revenue of Neelkanth Ltd

No data available

* All values are in crore

Historical EBITDA of Neelkanth Ltd

No data available

* All values are in crore

Historical Net Profit of Neelkanth Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Neelkanth Ltd News Hub

News

Neelkanth to convene board meeting

Neelkanth will hold a meeting of the Board of Directors of the Company on 13 August 2024. ...

Read more

12 Aug 202414:03

News

Neelkanth to hold AGM

Neelkanth announced that the Annual General Meeting (AGM) of the company will be held on 2...

Read more

30 Jul 202415:39

News

Neelkanth to hold board meeting

Neelkanth will hold a meeting of the Board of Directors of the Company on 29 July 2024. Po...

Read more

23 Jul 202410:42

News

Neelkanth to discuss results

Neelkanth will hold a meeting of the Board of Directors of the Company on 17 May 2024 Powe...

Read more

10 May 202416:29

News

Neelkanth to discuss results

Neelkanth will hold a meeting of the Board of Directors of the Company on 8 February 2024....

Read more

31 Jan 202419:33

News

Neelkanth to convene board meeting

Neelkanth will hold a meeting of the Board of Directors of the Company on 8 November 2023....

Read more

03 Nov 202314:32

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

FAQs for PB Ratio of Neelkanth Ltd

What is the PB ratio of Neelkanth Ltd?

The current PB ratio of Neelkanth Ltd is 1.61. 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 Neelkanth Ltd stocks?

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

The PB ratio of Neelkanth 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 Neelkanth Ltd?

A high PB ratio suggests that Neelkanth 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 Neelkanth Ltd?

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

Can Neelkanth Ltd PB Ratio change over time?

Yes, the PB ratio of Neelkanth 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*