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Nippon Life India Asset Management Ltd PB Ratio

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Nippon Life India Asset Management Ltd

NSE: NAM-INDIA

PB

10.6

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Nippon Life India Asset Management Ltd is 10.6.
  • The PB ratio of the Nippon Life India Asset Management Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Nippon Life India Asset Management Ltd changed from 5 on March 2019 to 7.5 on March 2024 . This represents a CAGR of 6.99% over 6 years.

Historical P/B Ratio of Nippon Life India Asset Management Ltd

No data available

Company Fundamentals for Nippon Life India Asset Management Ltd

Market Cap

43,025 Cr

EPS

20.8

P/E Ratio (TTM)

32.6

P/B Ratio (TTM)

10.6

Day’s High

684.95

Day’s Low

674.55

DTE

0.0

ROE

32.4

52 Week High

748.9

52 Week Low

403.35

ROCE

40.3

Market Price of Nippon Life India Asset Management Ltd

1M

1Y

3Y

5Y

Monitoring Nippon Life India Asset Management 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 2024679.35
21 Nov 2024674.8
19 Nov 2024688.15
18 Nov 2024674.05
14 Nov 2024679.6

SWOT Analysis Of Nippon Life India Asset Management Ltd

Strength

5

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Nippon Life India Asset Management Ltd

Asset Value vs Market Value of Nippon Life India Asset Management Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Nippon Life India Asset Management Ltd10.58
Bajaj Finance Ltd1279.6
Bajaj Finserv Ltd52.0
Jio Financial Services Ltd39.1
Indian Railway Finance Corporation Ltd39.4

Historical Market Cap of Nippon Life India Asset Management Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Nippon Life India Asset Management Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Nippon Life India Asset Management Ltd

What is the PB ratio of Nippon Life India Asset Management Ltd?

The current PB ratio of Nippon Life India Asset Management Ltd is 10.58. 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 Nippon Life India Asset Management Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Nippon Life India Asset Management 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 Nippon Life India Asset Management Ltd calculated?

The PB ratio of Nippon Life India Asset Management 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 Nippon Life India Asset Management Ltd?

A high PB ratio suggests that Nippon Life India Asset Management 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 Nippon Life India Asset Management Ltd?

A low PB ratio of Nippon Life India Asset Management Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Nippon Life India Asset Management Ltd PB Ratio change over time?

Yes, the PB ratio of Nippon Life India Asset Management 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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