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PB Ratio of Niks Technology Ltd

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Niks Technology Ltd

NSE: NIKSTECHNOLOGY

PB Ratio

5.9

Last updated on: Jan 28, 2025

Key Highlights

  • The latest PB Ratio of Niks Technology Ltd is 5.9.
  • The PB ratio of the Niks Technology Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Niks Technology Ltd changed from 9.2 on March 2022 to 5.7 on March 2024 . This represents a CAGR of -14.75% over 3 years.

Historical P/B Ratio of Niks Technology Ltd

No data available

Company Fundamentals for Niks Technology Ltd

Market Price of Niks Technology Ltd

1M

1Y

3Y

5Y

Monitoring Niks Technology 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
28 Jan 2025489.65
30 Sep 2024515.35
25 Sep 2024542.45
09 Aug 2024570.95
30 Jul 2024600.95
26 Jul 2024572.35
25 Jul 2024545.1
24 Jul 2024519.15
23 Jul 2024494.85
22 Jul 2024471.3

SWOT Analysis Of Niks Technology Ltd

Strength

0

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Niks Technology Ltd

Asset Value vs Market Value of Niks Technology Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

PB Ratio of Niks Technology Ltd Explained

No data available

Historical Revenue, EBITDA and Net Profit of Niks Technology Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

* All values are in %

Historical Market Cap of Niks Technology Ltd

X

FAQs for PB Ratio of Niks Technology Ltd

What is the PB ratio of Niks Technology Ltd?

The current PB ratio of Niks Technology Ltd is 0.0. 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 Niks Technology Ltd stocks?

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

The PB ratio of Niks Technology 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 Niks Technology Ltd?

A high PB ratio suggests that Niks Technology 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 Niks Technology Ltd?

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

Can Niks Technology Ltd PB Ratio change over time?

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

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