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PB Ratio of Nitin Castings Ltd

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Nitin Castings Ltd

NSE: NITINCASTINGS

PB Ratio

4.4

Last updated on: Apr 28, 2025

Key Highlights

  • The latest PB Ratio of Nitin Castings Ltd is 4.4.
  • The PB ratio of the Nitin Castings Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Nitin Castings Ltd changed from 0.8 on March 2020 to 4.4 on March 2024 . This represents a CAGR of 40.63% over 5 years.

Historical P/B Ratio of Nitin Castings Ltd

No data available

Company Fundamentals for Nitin Castings Ltd

Market Cap

343 Cr

EPS

27.4

P/E Ratio (TTM)

24.3

P/B Ratio (TTM)

4.4

Day’s High

674.0

Day’s Low

631.0

DTE

0.1

ROE

19.6

52 Week High

885.0

52 Week Low

470.5

ROCE

24.1

Market Price of Nitin Castings Ltd

1M

1Y

3Y

5Y

Monitoring Nitin Castings 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 Apr 2025667.95
25 Apr 2025633.1
24 Apr 2025650
23 Apr 2025635.3
22 Apr 2025636.9
21 Apr 2025624.1
17 Apr 2025658.95
15 Apr 2025660
11 Apr 2025650
09 Apr 2025665.95

SWOT Analysis

Strength

0

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Nitin Castings Ltd

Asset Value vs Market Value of Nitin Castings Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

PB Ratio of Nitin Castings Ltd Explained

343.42

Market cap

152

Book Value per Share

4.4X

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 Nitin Castings Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Nitin Castings Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Nitin Castings Ltd News Hub

Nitin Castings standalone net profit rises 9.09% in the June 2024 quarter

Net profit of Nitin Castings rose 9.09% to Rs 3.96 crore in the quarter ended June 2024 as against R

Read more

14 Aug 24

Nitin Castings to declare Quarterly Result

Nitin Castings will hold a meeting of the Board of Directors of the Company on 14 August 2024. Power

Read more

12 Aug 24

Nitin Castings schedules AGM

Nitin Castings announced that the 41th Annual General Meeting (AGM) of the company will be held on 2

Read more

06 Sept 24

Nitin Castings declare Quarterly Result

Nitin Castings will hold a meeting of the Board of Directors of the Company on 14 November 2024 Powe

Read more

12 Nov 24

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Nitin Castings Ltd

What is the PB ratio of Nitin Castings Ltd?

The current PB ratio of Nitin Castings Ltd is 4.38. 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 Nitin Castings Ltd stocks?

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

The PB ratio of Nitin Castings 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 Nitin Castings Ltd?

A high PB ratio suggests that Nitin Castings 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 Nitin Castings Ltd?

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

Can Nitin Castings Ltd PB Ratio change over time?

Yes, the PB ratio of Nitin Castings 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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