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PB Ratio of Nova Agritech Ltd

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Nova Agritech Ltd

NSE: NOVAAGRI

PB Ratio

2.9

Last updated on: Dec 24, 2024

Key Highlights

  • The latest PB Ratio of Nova Agritech Ltd is 2.9.
  • The PB ratio of the Nova Agritech Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Nova Agritech Ltd changed from 2.4 on March 2024 to 2.4 on March 2024 . This represents a CAGR of 0.00% over 1 years.

Historical P/B Ratio of Nova Agritech Ltd

No data available

Company Fundamentals for Nova Agritech Ltd

Market Cap

587 Cr

EPS

3.1

P/E Ratio (TTM)

20.3

P/B Ratio (TTM)

2.9

Day’s High

64.5

Day’s Low

62.51

DTE

0.3

ROE

14.2

52 Week High

94.09

52 Week Low

45.0

ROCE

16.1

Market Price of Nova Agritech Ltd

1M

1Y

3Y

5Y

Monitoring Nova Agritech Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

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SWOT Analysis Of Nova Agritech Ltd

Strength

2

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Nova Agritech Ltd

Asset Value vs Market Value of Nova Agritech Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

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Historical Market Cap of Nova Agritech Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Nova Agritech Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Nova Agritech Ltd

What is the PB ratio of Nova Agritech Ltd?

The current PB ratio of Nova Agritech Ltd is 2.87. 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 Nova Agritech Ltd stocks?

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

The PB ratio of Nova Agritech 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 Nova Agritech Ltd?

A high PB ratio suggests that Nova Agritech 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 Nova Agritech Ltd?

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

Can Nova Agritech Ltd PB Ratio change over time?

Yes, the PB ratio of Nova Agritech Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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