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Nitco Ltd PB Ratio

Nitco Ltd PB Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

5.0 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Nitco Ltd

NSE: NITCO

PB

-

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Nitco Ltd is 0 as of 07 Nov 24.
  • The P/B Ratio of Nitco Ltd changed from -0.8 on March 2022 to -0.8 on March 2024 . This represents a CAGR of 0.00% over 3 years. .

Historical P/B Ratio of Nitco Ltd

No data available

Company Fundamentals for Nitco Ltd

Market Cap

863 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

0.0

Day’s High *

118.1

Day’s Low

118.1

DTE *

-1.9

ROE *

31.8

52 Week High

127.45

52 Week Low

26.98

ROCE *

-14.6

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Nitco 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 2024120.2
06 Nov 2024119.7
05 Nov 2024117.4
04 Nov 2024119.75
01 Nov 2024124.2
31 Oct 2024121.06
30 Oct 2024115.34
29 Oct 2024109.85
28 Oct 2024108.48
25 Oct 2024103.81

SWOT Analysis Of Nitco Ltd

Strength

2

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Nitco Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Nitco Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Nitco Ltd0863
Adani Enterprises Ltd1893,42,705
Aegis Logistics Ltd7028,082
Cello World Ltd6519,083
Redington Ltd4915,370
Honasa Consumer Ltd3412,312

Key Valuation Metric of Nitco Ltd

Share Price

₹118

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 Nitco Ltd

No data available

* All values are in crore

Historical Revenue of Nitco Ltd

No data available

* All values are in crore

Historical EBITDA of Nitco Ltd

No data available

* All values are in crore

Historical Net Profit of Nitco Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Nitco Ltd News Hub

News

Nitco schedules EGM

Nitco announced that an Extra Ordinary General Meeting (EGM) of the Company will be held o...

Read more

22 Oct 202417:17

News

Nitco announces board meeting date

Nitco will hold a meeting of the Board of Directors of the Company on 21 October 2024. Pow...

Read more

17 Oct 202413:49

News

Nitco AGM scheduled

Nitco announced that the 58th Annual General Meeting (AGM) of the company will be held on ...

Read more

06 Sep 202416:50

News

Nitco to hold board meeting

Nitco will hold a meeting of the Board of Directors of the Company on 13 August 2024. Powe...

Read more

09 Aug 202414:43

News

Nitco to discuss results

Nitco will hold a meeting of the Board of Directors of the Company on 29 May 2024 Powered ...

Read more

28 May 202413:49

News

Nitco schedules board meeting

Nitco will hold a meeting of the Board of Directors of the Company on 12 February 2024. Po...

Read more

06 Feb 202417:03

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Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Nitco Ltd

What is the PB ratio of Nitco Ltd?

The current PB ratio of Nitco 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 Nitco Ltd stocks?

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

The PB ratio of Nitco 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 Nitco Ltd?

A high PB ratio suggests that Nitco 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 Nitco Ltd?

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

Can Nitco Ltd PB Ratio change over time?

Yes, the PB ratio of Nitco 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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