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New Light Apparels Ltd PB Ratio

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New Light Apparels Ltd

NSE: NEWLIGHTAPPARE

PB

8.4

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of New Light Apparels Ltd is 8.4.
  • The PB ratio of the New Light Apparels Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of New Light Apparels Ltd changed from 2.2 on March 2019 to 2 on March 2024 . This represents a CAGR of -1.58% over 6 years.

Historical P/B Ratio of New Light Apparels Ltd

No data available

Company Fundamentals for New Light Apparels Ltd

Market Cap

104 Cr

EPS

0.1

P/E Ratio (TTM)

133.2

P/B Ratio (TTM)

8.4

Day’s High

13.32

Day’s Low

13.32

DTE

0.0

ROE

6.1

52 Week High

13.32

52 Week Low

1.5

ROCE

6.2

Market Price of New Light Apparels Ltd

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 Market Price

Date
leftPrice (₹)right
22 Nov 202413.32
21 Nov 202413.06
19 Nov 202412.81
18 Nov 202412.56
14 Nov 202412.32

SWOT Analysis Of New Light Apparels Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for New Light Apparels Ltd

Asset Value vs Market Value of New Light Apparels Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
New Light Apparels Ltd8.39
Adani Enterprises Ltd190.0
Aegis Logistics Ltd71.4
Cello World Ltd64.9
Redington Ltd50.1

Historical Market Cap of New Light Apparels Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of New Light Apparels Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 8.39. 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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