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PB Ratio of Nitiraj Engineers Ltd

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Nitiraj Engineers Ltd

NSE: NITIRAJ

PB Ratio

3.6

Last updated on: Dec 11, 2024

Key Highlights

  • The latest PB Ratio of Nitiraj Engineers Ltd is 3.6.
  • The PB ratio of the Nitiraj Engineers Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Nitiraj Engineers Ltd changed from 0.6 on March 2019 to 1.1 on March 2023 . This represents a CAGR of 12.89% over 5 years.

Historical P/B Ratio of Nitiraj Engineers Ltd

No data available

Company Fundamentals for Nitiraj Engineers Ltd

No data available

Market Price of Nitiraj Engineers Ltd

1M

1Y

3Y

5Y

Monitoring Nitiraj Engineers 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
11 Dec 2024239.16
10 Dec 2024241.45
09 Dec 2024253.42
06 Dec 2024259.79
05 Dec 2024261.16

SWOT Analysis Of Nitiraj Engineers Ltd

Strength

2

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Nitiraj Engineers Ltd

Asset Value vs Market Value of Nitiraj Engineers Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Nitiraj Engineers Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Nitiraj Engineers Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Nitiraj Engineers Ltd

What is the PB ratio of Nitiraj Engineers Ltd?

The current PB ratio of Nitiraj Engineers Ltd is 3.63. 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 Nitiraj Engineers Ltd stocks?

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

The PB ratio of Nitiraj Engineers 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 Nitiraj Engineers Ltd?

A high PB ratio suggests that Nitiraj Engineers 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 Nitiraj Engineers Ltd?

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

Can Nitiraj Engineers Ltd PB Ratio change over time?

Yes, the PB ratio of Nitiraj Engineers 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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