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Nidhi Granites Ltd PB Ratio

Nidhi Granites Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

0.4 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Nidhi Granites Ltd

NSE: NIDHIGRANITES

PB

10.4

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Nidhi Granites Ltd is 10.4 as of 07 Nov 24.
  • The P/B Ratio of Nidhi Granites Ltd changed from 3.2 on March 2022 to 6.8 on March 2024 . This represents a CAGR of 28.56% over 3 years. .

Historical P/B Ratio of Nidhi Granites Ltd

No data available

Company Fundamentals for Nidhi Granites Ltd

Market Cap

135 Cr

EPS

1.7

P/E Ratio (TTM) *

100.0

P/B Ratio (TTM) *

10.4

Day’s High *

176.0

Day’s Low

169.0

DTE *

0.3

ROE *

5.3

52 Week High

182.9

52 Week Low

44.63

ROCE *

8.1

Market Price Over Time

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
07 Nov 2024169
06 Nov 2024175
05 Nov 2024179.8
04 Nov 2024172
01 Nov 2024167.15
31 Oct 2024164.95
30 Oct 2024157.1
29 Oct 2024163.45
28 Oct 2024155.7
25 Oct 2024158.9

SWOT Analysis Of Nidhi Granites Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Nidhi Granites Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Nidhi Granites Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Nidhi Granites Ltd

Share Price

₹169

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 Nidhi Granites Ltd

No data available

* All values are in crore

Historical Revenue of Nidhi Granites Ltd

No data available

* All values are in crore

Historical EBITDA of Nidhi Granites Ltd

No data available

* All values are in crore

Historical Net Profit of Nidhi Granites Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Nidhi Granites Ltd News Hub

News

Nidhi Granites to hold board meeting

Nidhi Granites will hold a meeting of the Board of Directors of the Company on 14 November...

Read more

29 Oct 202412:21

News

Nidhi Granites to declare Quarterly Result

Nidhi Granites will hold a meeting of the Board of Directors of the Company on 12 August 2...

Read more

07 Aug 202414:01

News

Nidhi Granites to convene AGM

Nidhi Granites announced that the 42th Annual General Meeting (AGM) of the company will be...

Read more

28 Jun 202414:04

News

Nidhi Granites declare Quarterly Result

Nidhi Granites will hold a meeting of the Board of Directors of the Company on 28 May 2024...

Read more

17 May 202414:13

News

Nidhi Granites announces board meeting date

Nidhi Granites will hold a meeting of the Board of Directors of the Company on 15 March 20...

Read more

11 Mar 202416:57

News

Nidhi Granites to declare Quarterly Result

Nidhi Granites will hold a meeting of the Board of Directors of the Company on 14 February...

Read more

05 Feb 202412:30

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Annual Reports

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Concalls

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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 10.43. 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.
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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