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Niit Ltd PB Ratio

Niit Ltd PB Ratio

stocks purchased

₹ 1.8 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

92.3 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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NIIT Ltd

NSE: NIITLTD

PB

2.4

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of NIIT Ltd is 2.4 as of 07 Nov 24.
  • The P/B Ratio of NIIT Ltd changed from 5.6 on March 2022 to 1.4 on March 2024 . This represents a CAGR of -37.00% over 3 years. .

Historical P/B Ratio of NIIT Ltd

No data available

Company Fundamentals for NIIT Ltd

Market Cap

2,477 Cr

EPS

3.4

P/E Ratio (TTM) *

53.2

P/B Ratio (TTM) *

2.4

Day’s High *

193.65

Day’s Low

180.7

DTE *

0.0

ROE *

4.3

52 Week High

203.8

52 Week Low

90.8

ROCE *

5.3

Market Price Over Time

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
07 Nov 2024182.9
06 Nov 2024192.65
05 Nov 2024163.05
04 Nov 2024158.95
01 Nov 2024165.25
31 Oct 2024154.95
30 Oct 2024158.15
29 Oct 2024153.35
28 Oct 2024154.3
25 Oct 2024151.45

SWOT Analysis Of NIIT Ltd

Strength

1

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for NIIT Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of NIIT Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of NIIT Ltd

Share Price

₹193

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 NIIT Ltd

No data available

* All values are in crore

Historical Revenue of NIIT Ltd

No data available

* All values are in crore

Historical EBITDA of NIIT Ltd

No data available

* All values are in crore

Historical Net Profit of NIIT Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

NIIT Ltd News Hub

News

NIIT allots 16,000 equity shares under ESOP

NIIT has allotted 16,000 equity shares under ESOP on 22 October 2024. Powered by Capital M...

Read more

23 Oct 202409:25

News

NIIT to table results

NIIT will hold a meeting of the Board of Directors of the Company on 25 October 2024. Powe...

Read more

17 Oct 202410:35

News

NIIT allots 75,000 equity shares under ESOP

NIIT has allotted 75,000 equity shares under ESOP on 02 October 2024. Powered by Capital M...

Read more

03 Oct 202412:01

News

NIIT to hold AGM

NIIT announced that the Annual General Meeting (AGM) of the company will be held on 24 Sep...

Read more

28 Aug 202412:12

News

NIIT Ltd leads gainers in 'B' group

Uma Exports Ltd, Oriental Trimex Ltd, South West Pinnacle Exploration Ltd and RPSG Venture...

Read more

26 Aug 202412:15

News

NIIT allots 16,000 equity shares under ESOP

NIIT has allotted 16,000 equity shares under ESOP on 13 August 2024. Powered by Capital Ma...

Read more

13 Aug 202418:59

Document

Annual Reports

N/A

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Credit Ratings

N/A

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Concalls

Data not available

FAQs for PB Ratio of NIIT Ltd

What is the PB ratio of NIIT Ltd?

The current PB ratio of NIIT Ltd is 2.36. 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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