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Nidan Laboratories & Healthcare Ltd PB Ratio

Nidan Laboratories & Healthcare Ltd PB Ratio

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Last Updated on: Nov 08, 2024

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Nidan Laboratories & Healthcare Ltd

NSE: NIDAN

PB

0.7

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Nidan Laboratories & Healthcare Ltd is 0.7 as of 07 Nov 24.
  • The P/B Ratio of Nidan Laboratories & Healthcare Ltd changed from 0.7 on March 2022 to 0.6 on March 2024 . This represents a CAGR of -5.01% over 3 years. .

Historical P/B Ratio of Nidan Laboratories & Healthcare Ltd

No data available

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Nidan Laboratories & Healthcare 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 202432
06 Nov 202430.5
05 Nov 202430.5
04 Nov 202429.95
01 Nov 202430.6
31 Oct 202430.05
30 Oct 202430
29 Oct 202429.6
28 Oct 202430.15
25 Oct 202430.75

SWOT Analysis Of Nidan Laboratories & Healthcare Ltd

Strength

3

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Nidan Laboratories & Healthcare Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Nidan Laboratories & Healthcare Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Nidan Laboratories & Healthcare Ltd

Share Price

₹32

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 Nidan Laboratories & Healthcare Ltd

No data available

* All values are in crore

Historical Revenue of Nidan Laboratories & Healthcare Ltd

No data available

* All values are in crore

Historical EBITDA of Nidan Laboratories & Healthcare Ltd

No data available

* All values are in crore

Historical Net Profit of Nidan Laboratories & Healthcare Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Nidan Laboratories & Healthcare Ltd News Hub

News

Nidan Laboratories & Healthcare to convene AGM

Nidan Laboratories & Healthcare announced that the 24th Annual General Meeting (AGM) of th...

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06 Sep 202410:30

News

Nidan Laboratories & Healthcare to announce Quarterly Result

Nidan Laboratories & Healthcare will hold a meeting of the Board of Directors of the Compa...

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15 May 202416:11

News

Nidan Laboratories & Healthcare to convene board meeting

Nidan Laboratories & Healthcare will hold a meeting of the Board of Directors of the Compa...

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06 Nov 202317:14

News

Nidan Laboratories & Healthcare to hold AGM

Nidan Laboratories & Healthcare announced that the 23th Annual General Meeting (AGM) of th...

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04 Sep 202316:08

News

Nidan Laboratories & Healthcare to conduct board meeting

Nidan Laboratories & Healthcare will hold a meeting of the Board of Directors of the Compa...

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22 May 202317:27

News

Nidan Laboratories & Healthcare to discuss results

Nidan Laboratories & Healthcare will hold a meeting of the Board of Directors of the Compa...

Read more

05 Nov 202212:49

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Concalls

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FAQs for PB Ratio of Nidan Laboratories & Healthcare Ltd

What is the PB ratio of Nidan Laboratories & Healthcare Ltd?

The current PB ratio of Nidan Laboratories & Healthcare Ltd is 0.67. 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 Nidan Laboratories & Healthcare Ltd stocks?

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

The PB ratio of Nidan Laboratories & Healthcare 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 Nidan Laboratories & Healthcare Ltd?

A high PB ratio suggests that Nidan Laboratories & Healthcare 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 Nidan Laboratories & Healthcare Ltd?

A low PB ratio of Nidan Laboratories & Healthcare Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Nidan Laboratories & Healthcare Ltd PB Ratio change over time?

Yes, the PB ratio of Nidan Laboratories & Healthcare 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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