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PB Ratio of Nidhi Granites Ltd

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Nidhi Granites Ltd

NSE: NIDHIGRANITES

PB Ratio

10.5

Last updated on: Jan 14, 2025

Key Highlights

  • The latest PB Ratio of Nidhi Granites Ltd is 10.5.
  • The PB ratio of the Nidhi Granites Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Nidhi Granites Ltd changed from 1.3 on March 2021 to 6.8 on March 2024 . This represents a CAGR of 51.23% over 4 years.

Historical P/B Ratio of Nidhi Granites Ltd

No data available

Company Fundamentals for Nidhi Granites Ltd

Market Cap

155 Cr

EPS

3.0

P/E Ratio (TTM)

64.7

P/B Ratio (TTM)

10.5

Day’s High

200.0

Day’s Low

184.4

DTE

0.3

ROE

16.2

52 Week High

252.7

52 Week Low

74.0

ROCE

18.4

Market Price of Nidhi Granites Ltd

1M

1Y

3Y

5Y

Monitoring Nidhi Granites 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
14 Jan 2025194.05
13 Jan 2025204.25
10 Jan 2025215
09 Jan 2025222.75
08 Jan 2025225

SWOT Analysis Of Nidhi Granites Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Nidhi Granites Ltd

Asset Value vs Market Value of Nidhi Granites Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Nidhi Granites Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Nidhi Granites Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

PB Ratio of Nidhi Granites Ltd Explained

``

155.24

Market cap

19

Book Value per Share

10.5X

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

FAQs for PB Ratio of Nidhi Granites Ltd

What is the PB ratio of Nidhi Granites Ltd?

The current PB ratio of Nidhi Granites Ltd is 10.48. 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 Nidhi Granites Ltd stocks?

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

The PB ratio of Nidhi Granites 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 Nidhi Granites Ltd?

A high PB ratio suggests that Nidhi Granites 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 Nidhi Granites Ltd?

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

Can Nidhi Granites Ltd PB Ratio change over time?

Yes, the PB ratio of Nidhi Granites Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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