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Nelcast Ltd PB Ratio

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Nelcast Ltd

NSE: NELCAST

PB

1.9

Last updated on: 29 Nov 24

Key Highlights

  • The latest PB Ratio of Nelcast Ltd is 1.9.
  • The PB ratio of the Nelcast Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Nelcast Ltd changed from 1.6 on March 2019 to 2.2 on March 2024 . This represents a CAGR of 5.45% over 6 years.

Historical P/B Ratio of Nelcast Ltd

No data available

Company Fundamentals for Nelcast Ltd

Market Cap

1,017 Cr

EPS

3.5

P/E Ratio (TTM)

32.9

P/B Ratio (TTM)

1.9

Day’s High

118.4

Day’s Low

115.55

DTE

0.6

ROE

5.8

52 Week High

179.0

52 Week Low

104.65

ROCE

8.5

Market Price of Nelcast Ltd

1M

1Y

3Y

5Y

Monitoring Nelcast 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
29 Nov 2024116.95
28 Nov 2024116.45
27 Nov 2024113.4
26 Nov 2024112.85
25 Nov 2024111

SWOT Analysis Of Nelcast Ltd

Strength

2

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Nelcast Ltd

Asset Value vs Market Value of Nelcast Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Nelcast Ltd1.91
Bharat Forge Ltd189.5
AIA Engineering Ltd652.5
CIE Automotive India Ltd134.3
PTC Industries Ltd872.0

Historical Market Cap of Nelcast Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Nelcast Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Nelcast Ltd

What is the PB ratio of Nelcast Ltd?

The current PB ratio of Nelcast Ltd is 1.91. 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 Nelcast Ltd stocks?

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

The PB ratio of Nelcast 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 Nelcast Ltd?

A high PB ratio suggests that Nelcast 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 Nelcast Ltd?

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

Can Nelcast Ltd PB Ratio change over time?

Yes, the PB ratio of Nelcast 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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