HomeInsightsPB

North Eastern Carrying Corporation Ltd PB Ratio

North Eastern Carrying Corporation Ltd PB Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 12, 2024)

stocks purchased

30.8 K

Stocks Traded

(Nov 12, 2024)

Last Updated on: Nov 13, 2024

Image

North Eastern Carrying Corporation Ltd

NSE: NECCLTD

PB

1.5

Last updated on: Nov 12, 2024

Key Highlights

  • The P/B Ratio of North Eastern Carrying Corporation Ltd is 1.5 as of 12 Nov 24.
  • The P/B Ratio of North Eastern Carrying Corporation Ltd changed from 1.6 on March 2022 to 0.9 on March 2023 . This represents a CAGR of -25.00% over 2 years. .

Historical P/B Ratio of North Eastern Carrying Corporation Ltd

No data available

Company Fundamentals for North Eastern Carrying Corporation Ltd

Market Cap

324 Cr

EPS

1.3

P/E Ratio (TTM) *

27.2

P/B Ratio (TTM) *

1.5

Day’s High *

37.0

Day’s Low

34.0

DTE *

0.4

ROE *

5.5

52 Week High

44.4

52 Week Low

21.99

ROCE *

7.7

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring North Eastern Carrying Corporation 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
12 Nov 202434.04
11 Nov 202434.3
08 Nov 202437.39
07 Nov 202436.29
06 Nov 202433.05
05 Nov 202433.39
04 Nov 202433.87
01 Nov 202433.91
31 Oct 202430.83
30 Oct 202430.03

SWOT Analysis Of North Eastern Carrying Corporation Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for North Eastern Carrying Corporation Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of North Eastern Carrying Corporation Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of North Eastern Carrying Corporation Ltd

Share Price

₹34

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 North Eastern Carrying Corporation Ltd

No data available

* All values are in crore

Historical Revenue of North Eastern Carrying Corporation Ltd

No data available

* All values are in crore

Historical EBITDA of North Eastern Carrying Corporation Ltd

No data available

* All values are in crore

Historical Net Profit of North Eastern Carrying Corporation Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

North Eastern Carrying Corporation Ltd News Hub

News

North Eastern Carrying Corp. to hold board meeting

North Eastern Carrying Corp. will hold a meeting of the Board of Directors of the Company ...

Read more

25 Oct 202416:50

News

North Eastern Carrying Corp. to conduct AGM

North Eastern Carrying Corp. announced that the Annual General Meeting (AGM) of the compan...

Read more

19 Sep 202410:08

News

North Eastern Carrying Corp. announces board meeting date

North Eastern Carrying Corp. will hold a meeting of the Board of Directors of the Company ...

Read more

26 Jul 202410:20

News

North Eastern Carrying Corp. to discuss results

North Eastern Carrying Corp. will hold a meeting of the Board of Directors of the Company ...

Read more

27 May 202416:46

News

NECC Board approved raising funds via equity issuance

The Board of North Eastern Carrying Corporation at its meeting held on 04 April 2024 has a...

Read more

04 Apr 202418:53

News

North Eastern Carrying Corp. schedules board meeting

North Eastern Carrying Corp. will hold a meeting of the Board of Directors of the Company ...

Read more

08 Feb 202415:24

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

Data not available

FAQs for PB Ratio of North Eastern Carrying Corporation Ltd

What is the PB ratio of North Eastern Carrying Corporation Ltd?

The current PB ratio of North Eastern Carrying Corporation Ltd is 1.54. 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 North Eastern Carrying Corporation Ltd stocks?

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

The PB ratio of North Eastern Carrying Corporation 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 North Eastern Carrying Corporation Ltd?

A high PB ratio suggests that North Eastern Carrying Corporation 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 North Eastern Carrying Corporation Ltd?

A low PB ratio of North Eastern Carrying Corporation Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can North Eastern Carrying Corporation Ltd PB Ratio change over time?

Yes, the PB ratio of North Eastern Carrying Corporation 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.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*