HomeInsightsPB

Paramount Communications Ltd PB Ratio

Paramount Communications Ltd PB Ratio

stocks purchased

₹ 0.4 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

57.1 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

Image

Paramount Communications Ltd

NSE: PARACABLES

PB

3.3

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Paramount Communications Ltd is 3.3 as of 07 Nov 24.
  • The P/B Ratio of Paramount Communications Ltd changed from 0.9 on March 2022 to 3.3 on March 2024 . This represents a CAGR of 54.20% over 3 years. .

Historical P/B Ratio of Paramount Communications Ltd

No data available

Company Fundamentals for Paramount Communications Ltd

Market Cap

2,248 Cr

EPS

3.2

P/E Ratio (TTM) *

23.1

P/B Ratio (TTM) *

3.3

Day’s High *

74.95

Day’s Low

72.49

DTE *

0.0

ROE *

14.4

52 Week High

116.7

52 Week Low

60.0

ROCE *

15.6

Market Price Over Time

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
07 Nov 202473.74
06 Nov 202474.21
05 Nov 202471.95
04 Nov 202471.58
01 Nov 202473.95
31 Oct 202472.67
30 Oct 202473.39
29 Oct 202471.32
28 Oct 202468.27
25 Oct 202467.95

SWOT Analysis Of Paramount Communications Ltd

Strength

2

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Paramount Communications Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Paramount Communications Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Paramount Communications Ltd32,248
Polycab India Ltd5661,02,495
KEI Industries Ltd38536,213
Finolex Cables Ltd27518,952
R R Kabel Ltd17817,514
Diamond Power Infrastructure Ltd-1898,586

Key Valuation Metric of Paramount Communications Ltd

Share Price

₹73

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 Paramount Communications Ltd

No data available

* All values are in crore

Historical Revenue of Paramount Communications Ltd

No data available

* All values are in crore

Historical EBITDA of Paramount Communications Ltd

No data available

* All values are in crore

Historical Net Profit of Paramount Communications Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Paramount Communications Ltd News Hub

News

Paramount Communications to declare Quarterly Result

Paramount Communications will hold a meeting of the Board of Directors of the Company on 2...

Read more

23 Oct 202410:25

News

Paramount Communications to hold AGM

Paramount Communications announced that the Annual General Meeting (AGM) of the company wi...

Read more

16 Aug 202410:53

News

Board of Paramount Communications approves fund raising up to Rs 400 cr via QIP

The Board of Paramount Communications at its meeting held on 08 August 2024 has approved f...

Read more

08 Aug 202418:58

News

Paramount Communications to convene board meeting

Paramount Communications will hold a meeting of the Board of Directors of the Company on 8...

Read more

06 Aug 202416:45

News

Paramount Communications to table results

Paramount Communications will hold a meeting of the Board of Directors of the Company on 2...

Read more

18 May 202412:35

News

Paramount Communications to hold board meeting

Paramount Communications will hold a meeting of the Board of Directors of the Company on 3...

Read more

27 Jan 202411:07

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

Data not available

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 3.33. 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.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*