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Neelkanth Rockminerals Ltd PB Ratio

Neelkanth Rockminerals Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.3 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Neelkanth Rockminerals Ltd

NSE: NEELKANTHROCK

PB

1

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Neelkanth Rockminerals Ltd is 1 as of 07 Nov 24.
  • The P/B Ratio of Neelkanth Rockminerals Ltd changed from 1 on March 2022 to 0.9 on March 2024 . This represents a CAGR of -3.45% over 3 years. .

Historical P/B Ratio of Neelkanth Rockminerals Ltd

No data available

Company Fundamentals for Neelkanth Rockminerals Ltd

Market Cap

7 Cr

EPS

0.5

P/E Ratio (TTM) *

29.4

P/B Ratio (TTM) *

1.0

Day’s High *

15.73

Day’s Low

14.25

DTE *

0.0

ROE *

3.1

52 Week High

17.85

52 Week Low

8.75

ROCE *

5.8

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Neelkanth Rockminerals 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
07 Nov 202415
06 Nov 202414.62
05 Nov 202415.37
04 Nov 202415.13
01 Nov 202414.44
30 Oct 202413.77
28 Oct 202413.13
22 Oct 202413.81
17 Oct 202414.52
16 Oct 202415.28

BlinkX Score for Neelkanth Rockminerals Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Neelkanth Rockminerals Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Neelkanth Rockminerals Ltd

Share Price

₹15

PB Ratio

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 Rockminerals Ltd

No data available

* All values are in crore

Historical Revenue of Neelkanth Rockminerals Ltd

No data available

* All values are in crore

Historical EBITDA of Neelkanth Rockminerals Ltd

No data available

* All values are in crore

Historical Net Profit of Neelkanth Rockminerals Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Neelkanth Rockminerals Ltd News Hub

News

Neelkanth Rockminerals to convene AGM

Neelkanth Rockminerals announced that the Annual General Meeting (AGM) of the company will...

Read more

18 Sep 202416:40

News

Neelkanth Rockminerals to conduct board meeting

Neelkanth Rockminerals will hold a meeting of the Board of Directors of the Company on 14 ...

Read more

12 Aug 202412:03

News

Neelkanth Rockminerals to table results

Neelkanth Rockminerals will hold a meeting of the Board of Directors of the Company on 30 ...

Read more

28 May 202415:33

News

Neelkanth Rockminerals to table results

Neelkanth Rockminerals will hold a meeting of the Board of Directors of the Company on 14 ...

Read more

09 Feb 202414:57

News

Neelkanth Rockminerals schedules board meeting

Neelkanth Rockminerals will hold a meeting of the Board of Directors of the Company on 11 ...

Read more

09 Nov 202310:25

News

Neelkanth Rockminerals to conduct AGM

Neelkanth Rockminerals announced that the 35th Annual General Meeting (AGM) of the company...

Read more

09 Sep 202316:01

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Neelkanth Rockminerals Ltd

What is the PB ratio of Neelkanth Rockminerals Ltd?

The current PB ratio of Neelkanth Rockminerals Ltd is 0.96. 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 Rockminerals Ltd stocks?

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

The PB ratio of Neelkanth Rockminerals 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 Rockminerals Ltd?

A high PB ratio suggests that Neelkanth Rockminerals 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 Rockminerals Ltd?

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

Can Neelkanth Rockminerals Ltd PB Ratio change over time?

Yes, the PB ratio of Neelkanth Rockminerals 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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