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Parin Furniture Ltd PB Ratio

Parin Furniture Ltd PB Ratio

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₹ 0.3 Cr

Volume transacted

stocks purchased

9.0 K

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Last Updated time: 18 Sep 9.00 AM

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Parin Furniture Ltd

NSE: PARIN

PB

6.2

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Parin Furniture Ltd is 6.2 as of 18 Sep 24.
  • The P/B Ratio of Parin Furniture Ltd changed from 2 on March 2022 to 2.9 on March 2024 . This represents a CAGR of 20.42% over 2 years. .

Historical P/B Ratio of Parin Furniture Ltd

No data available

Share price Over Time

1M

1Y

3Y

5Y

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

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 2024319.8
17 Sep 2024324
16 Sep 2024316
13 Sep 2024305
12 Sep 2024307.95
09 Sep 2024310
06 Sep 2024310
04 Sep 2024307.95
03 Sep 2024311
02 Sep 2024308

SWOT Analysis Of Parin Furniture Ltd

Strength

3

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Parin Furniture Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Parin Furniture Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Parin Furniture Ltd

No data available

Historical Market Cap of Parin Furniture Ltd

No data available

* All values are in crore

Historical Revenue of Parin Furniture Ltd

No data available

* All values are in crore

Historical EBITDA of Parin Furniture Ltd

No data available

* All values are in crore

Historical Net Profit of Parin Furniture Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Parin Furniture Ltd News Hub

News

Parin Furniture AGM scheduled

Parin Furniture announced that the 18th Annual General Meeting (AGM) of the company will b...

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14 Aug 202417:38

News

Parin Furniture to convene board meeting

Parin Furniture will hold a meeting of the Board of Directors of the Company on 23 May 202...

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16 May 202416:30

News

Parin Furniture schedules board meeting

Parin Furniture will hold a meeting of the Board of Directors of the Company on 6 November...

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31 Oct 202312:23

News

Parin Furniture to convene AGM

Parin Furniture announced that the 17th Annual General Meeting (AGM) of the company will b...

Read more

20 Jun 202312:38

News

Parin Furniture to table results

Parin Furniture will hold a meeting of the Board of Directors of the Company on 27 May 202...

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20 May 202317:21

News

Parin Furniture to convene board meeting

Parin Furniture will hold a meeting of the Board of Directors of the Company on 14 Novembe...

Read more

05 Nov 202212:38

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Annual Reports

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FAQs for PB Ratio of Parin Furniture Ltd

What is the PB ratio of Parin Furniture Ltd?

The current PB ratio of Parin Furniture 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 Parin Furniture Ltd stocks?

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

The PB ratio of Parin Furniture 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 Parin Furniture Ltd?

A high PB ratio suggests that Parin Furniture 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 Parin Furniture Ltd?

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

Can Parin Furniture Ltd PB Ratio change over time?

Yes, the PB ratio of Parin Furniture 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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