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Paramount Communications Ltd PB Ratio

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Paramount Communications Ltd

NSE: PARACABLES

PB

3

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Paramount Communications Ltd is 3.
  • The PB ratio of the Paramount Communications Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Paramount Communications Ltd changed from 1.4 on March 2019 to 3.3 on March 2024 . This represents a CAGR of 15.36% over 6 years.

Historical P/B Ratio of Paramount Communications Ltd

No data available

Company Fundamentals for Paramount Communications Ltd

Market Cap

2,036 Cr

EPS

3.2

P/E Ratio (TTM)

20.9

P/B Ratio (TTM)

3.0

Day’s High

69.74

Day’s Low

67.93

DTE

0.0

ROE

14.4

52 Week High

116.7

52 Week Low

60.0

ROCE

15.6

Market Price of Paramount Communications Ltd

1M

1Y

3Y

5Y

Monitoring Paramount Communications 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 202466.78
21 Nov 202465.55
19 Nov 202466.46
18 Nov 202466.02
14 Nov 202467.35

SWOT Analysis Of Paramount Communications Ltd

Strength

2

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Paramount Communications Ltd

Asset Value vs Market Value of Paramount Communications Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Paramount Communications Ltd3.02
Polycab India Ltd580.0
KEI Industries Ltd386.2
Finolex Cables Ltd290.0
R R Kabel Ltd175.0

Historical Market Cap of Paramount Communications Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Paramount Communications Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Paramount Communications Ltd

What is the PB ratio of Paramount Communications Ltd?

The current PB ratio of Paramount Communications Ltd is 3.02. 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 Paramount Communications Ltd stocks?

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

The PB ratio of Paramount Communications 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 Paramount Communications Ltd?

A high PB ratio suggests that Paramount Communications 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 Paramount Communications Ltd?

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

Can Paramount Communications Ltd PB Ratio change over time?

Yes, the PB ratio of Paramount Communications 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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