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Nrb Bearings Ltd PB Ratio

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NRB Bearings Ltd

NSE: NRBBEARING

PB

2.9

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of NRB Bearings Ltd is 2.9.
  • The PB ratio of the NRB Bearings Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of NRB Bearings Ltd changed from 3.9 on March 2019 to 3 on March 2024 . This represents a CAGR of -4.28% over 6 years.

Historical P/B Ratio of NRB Bearings Ltd

No data available

Company Fundamentals for NRB Bearings Ltd

Market Cap

2,734 Cr

EPS

10.9

P/E Ratio (TTM)

25.9

P/B Ratio (TTM)

2.9

Day’s High

283.85

Day’s Low

275.0

DTE

0.2

ROE

11.3

52 Week High

400.75

52 Week Low

242.8

ROCE

14.6

Market Price of NRB Bearings Ltd

1M

1Y

3Y

5Y

Monitoring NRB Bearings 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
22 Nov 2024282.15
21 Nov 2024278.4
19 Nov 2024284.05
18 Nov 2024280.75
14 Nov 2024274.25

SWOT Analysis Of NRB Bearings Ltd

Strength

3

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for NRB Bearings Ltd

Asset Value vs Market Value of NRB Bearings Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
NRB Bearings Ltd2.93
Schaeffler India Ltd313.0
Timken India Ltd343.5
SKF India Ltd463.9
Galaxy Bearings Ltd318.4

Historical Market Cap of NRB Bearings Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of NRB Bearings Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of NRB Bearings Ltd

What is the PB ratio of NRB Bearings Ltd?

The current PB ratio of NRB Bearings Ltd is 2.93. 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 NRB Bearings Ltd stocks?

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

The PB ratio of NRB Bearings 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 NRB Bearings Ltd?

A high PB ratio suggests that NRB Bearings 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 NRB Bearings Ltd?

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

Can NRB Bearings Ltd PB Ratio change over time?

Yes, the PB ratio of NRB Bearings 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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