HomeInsightsPB

Piotex Industries Ltd PB Ratio

Piotex Industries Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

1.2 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

Image

Piotex Industries Ltd

NSE: PIOTEX

PB

1.3

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Piotex Industries Ltd is 1.3 as of 07 Nov 24.
  • The P/B Ratio of Piotex Industries Ltd changed from 0 on March 2022 to 0 on March 2024 . This represents a CAGR of 0.0% over 3 years. .

Historical P/B Ratio of Piotex Industries Ltd

No data available

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Piotex Industries 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 202462.2
06 Nov 202462.11
04 Nov 202463.5
01 Nov 202461.5
31 Oct 202460
30 Oct 202458
29 Oct 202460
28 Oct 202463
24 Oct 202467.9
23 Oct 202461

SWOT Analysis Of Piotex Industries Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Piotex Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Piotex Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Piotex Industries Ltd

Share Price

₹62

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 Piotex Industries Ltd

No data available

* All values are in crore

Historical Revenue of Piotex Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Piotex Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Piotex Industries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Piotex Industries Ltd News Hub

News

BSE SME Piotex Industries jumps on listing day

The scrip was listed at Rs 109, a premium of 15.96% compared with the initial public offer...

Read more

17 May 202413:06

News

Shares of Piotex Industries list today

The equity shares of Piotex Industries (Scrip Code: 544178) are listed and admitted to dea...

Read more

17 May 202409:10

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

Data not available

FAQs for PB Ratio of Piotex Industries Ltd

What is the PB ratio of Piotex Industries Ltd?

The current PB ratio of Piotex Industries 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 Piotex Industries Ltd stocks?

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

The PB ratio of Piotex Industries 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 Piotex Industries Ltd?

A high PB ratio suggests that Piotex Industries 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 Piotex Industries Ltd?

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

Can Piotex Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Piotex Industries 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*