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Niit Ltd PB Ratio

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NIIT Ltd

NSE: NIITLTD

PB

2.5

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of NIIT Ltd is 2.5.
  • The PB ratio of the NIIT Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of NIIT Ltd changed from 1.9 on March 2019 to 1.4 on March 2024 . This represents a CAGR of -4.96% over 6 years.

Historical P/B Ratio of NIIT Ltd

No data available

Company Fundamentals for NIIT Ltd

Market Cap

2,597 Cr

EPS

3.4

P/E Ratio (TTM)

55.8

P/B Ratio (TTM)

2.5

Day’s High

204.8

Day’s Low

191.0

DTE

0.0

ROE

4.3

52 Week High

207.55

52 Week Low

90.8

ROCE

5.3

Market Price of NIIT Ltd

1M

1Y

3Y

5Y

Monitoring NIIT 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 2024191.8
21 Nov 2024189.6
19 Nov 2024188.5
18 Nov 2024185.55
14 Nov 2024182.95

SWOT Analysis Of NIIT Ltd

Strength

1

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for NIIT Ltd

Asset Value vs Market Value of NIIT Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
NIIT Ltd2.48
Aptech Ltd43.7
BITS Ltd1.6
Zee Learn Ltd3.7
Compucom Software Ltd17.6

Historical Market Cap of NIIT Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of NIIT Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of NIIT Ltd

What is the PB ratio of NIIT Ltd?

The current PB ratio of NIIT Ltd is 2.48. 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 NIIT Ltd stocks?

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

The PB ratio of NIIT 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 NIIT Ltd?

A high PB ratio suggests that NIIT 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 NIIT Ltd?

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

Can NIIT Ltd PB Ratio change over time?

Yes, the PB ratio of NIIT 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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