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New Light Apparels Ltd PB Ratio

New Light Apparels Ltd PB Ratio

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Last Updated time: 18 Sep 9.00 AM

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New Light Apparels Ltd

NSE: NEWLIGHTAPPARE

PB

5.8

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of New Light Apparels Ltd is 5.8 as of 18 Sep 24.
  • The P/B Ratio of New Light Apparels Ltd changed from 1.8 on March 2022 to 2 on March 2024 . This represents a CAGR of 3.57% over 3 years. .

Historical P/B Ratio of New Light Apparels Ltd

No data available

Company Fundamentals for New Light Apparels Ltd

Market Cap

45 Cr

EPS

0.5

P/E Ratio (TTM) *

120.7

P/B Ratio (TTM) *

5.8

Day’s High *

57.93

Day’s Low

57.93

DTE *

0.0

ROE *

3.1

52 Week High

62.77

52 Week Low

15.0

ROCE *

3.3

Share price Over Time

1M

1Y

3Y

5Y

Monitoring New Light Apparels 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 202457.93
17 Sep 202459.11
16 Sep 202460.31
13 Sep 202461.54
12 Sep 202460.34
11 Sep 202459.16
10 Sep 202460.36
09 Sep 202459.19
06 Sep 202458.04
05 Sep 202456.92

SWOT Analysis Of New Light Apparels Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for New Light Apparels Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of New Light Apparels Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
New Light Apparels Ltd545
Adani Enterprises Ltd1463,36,768
Aegis Logistics Ltd6727,073
Cello World Ltd6519,436
Honasa Consumer Ltd3415,275
Redington Ltd4614,908

Key Valuation Metric of New Light Apparels 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 New Light Apparels Ltd

No data available

* All values are in crore

Historical Revenue of New Light Apparels Ltd

No data available

* All values are in crore

Historical EBITDA of New Light Apparels Ltd

No data available

* All values are in crore

Historical Net Profit of New Light Apparels Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

New Light Apparels Ltd News Hub

News

New Light Apparels to hold AGM

New Light Apparels announced that the 29th Annual General Meeting (AGM) of the company wil...

Read more

05 Sep 202410:31

News

New Light Apparels to conduct board meeting

New Light Apparels will hold a meeting of the Board of Directors of the Company on 3 Septe...

Read more

30 Aug 202410:44

News

New Light Apparels to discuss results

New Light Apparels will hold a meeting of the Board of Directors of the Company on 13 Augu...

Read more

08 Aug 202409:48

News

New Light Apparels to declare Quarterly Result

New Light Apparels will hold a meeting of the Board of Directors of the Company on 8 July ...

Read more

06 Jul 202409:34

News

New Light Apparels announces board meeting date

New Light Apparels will hold a meeting of the Board of Directors of the Company on 30 May ...

Read more

28 May 202415:35

News

New Light Apparels to conduct board meeting

New Light Apparels will hold a meeting of the Board of Directors of the Company on 5 April...

Read more

03 Apr 202409:56

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FAQs for PB Ratio of New Light Apparels Ltd

What is the PB ratio of New Light Apparels Ltd?

The current PB ratio of New Light Apparels Ltd is 5.85. 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 New Light Apparels Ltd stocks?

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

The PB ratio of New Light Apparels 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 New Light Apparels Ltd?

A high PB ratio suggests that New Light Apparels 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 New Light Apparels Ltd?

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

Can New Light Apparels Ltd PB Ratio change over time?

Yes, the PB ratio of New Light Apparels 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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