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Nova Iron & Steel Ltd PB Ratio

Nova Iron & Steel Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

5.4 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Nova Iron & Steel Ltd

NSE: NOVAIRNSTL

PB

-

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Nova Iron & Steel Ltd is 0 as of 07 Nov 24.
  • The P/B Ratio of Nova Iron & Steel Ltd changed from -0.6 on March 2022 to -0.6 on March 2024 . This represents a CAGR of 0.00% over 3 years. .

Historical P/B Ratio of Nova Iron & Steel Ltd

No data available

Company Fundamentals for Nova Iron & Steel Ltd

Market Cap

80 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

0.0

Day’s High *

22.8

Day’s Low

21.9

DTE *

-2.6

ROE *

18.7

52 Week High

39.69

52 Week Low

18.0

ROCE *

-15.3

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Nova Iron & Steel 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 202422.39
06 Nov 202422
05 Nov 202422.41
04 Nov 202422.7
01 Nov 202423.12
31 Oct 202422.51
30 Oct 202421.81
29 Oct 202421.95
28 Oct 202421.02
25 Oct 202419.96

SWOT Analysis Of Nova Iron & Steel Ltd

Strength

2

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Nova Iron & Steel Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Nova Iron & Steel Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Nova Iron & Steel Ltd080
JSW Steel Ltd3212,42,112
Tata Steel Ltd1121,88,376
Jindal Steel & Power Ltd47596,602
Tube Investments of India Ltd21877,000
Jindal Stainless Ltd17759,514

Key Valuation Metric of Nova Iron & Steel Ltd

Share Price

₹23

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 Nova Iron & Steel Ltd

No data available

* All values are in crore

Historical Revenue of Nova Iron & Steel Ltd

No data available

* All values are in crore

Historical EBITDA of Nova Iron & Steel Ltd

No data available

* All values are in crore

Historical Net Profit of Nova Iron & Steel Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Nova Iron & Steel Ltd News Hub

News

Nova Iron & Steel to conduct board meeting

Nova Iron & Steel will hold a meeting of the Board of Directors of the Company on 7 Septem...

Read more

05 Sep 202415:02

News

Nova Iron & Steel schedules AGM

Nova Iron & Steel announced that the Annual General Meeting (AGM) of the company will be h...

Read more

30 Aug 202417:04

News

Nova Iron & Steel AGM scheduled

Nova Iron & Steel announced that the Annual General Meeting (AGM) of the company will be h...

Read more

30 Aug 202416:44

News

Nova Iron & Steel announces board meeting date

Nova Iron & Steel will hold a meeting of the Board of Directors of the Company on 14 Augus...

Read more

12 Aug 202415:51

News

Nova Iron & Steel to hold board meeting

Nova Iron & Steel will hold a meeting of the Board of Directors of the Company on 5 August...

Read more

29 Jul 202417:17

News

Nova Iron & Steel to hold board meeting

Nova Iron & Steel will hold a meeting of the Board of Directors of the Company on 29 May 2...

Read more

22 May 202418:27

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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 Nova Iron & Steel Ltd

What is the PB ratio of Nova Iron & Steel Ltd?

The current PB ratio of Nova Iron & Steel 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 Nova Iron & Steel Ltd stocks?

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

The PB ratio of Nova Iron & Steel 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 Iron & Steel Ltd?

A high PB ratio suggests that Nova Iron & Steel 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 Iron & Steel Ltd?

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

Can Nova Iron & Steel Ltd PB Ratio change over time?

Yes, the PB ratio of Nova Iron & Steel 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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