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Platinum Industries Ltd PB Ratio

Platinum Industries Ltd PB Ratio

stocks purchased

₹ 1.1 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

23.1 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Platinum Industries Ltd

NSE: PLATIND

PB

7.7

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Platinum Industries Ltd is 7.7 as of 07 Nov 24.
  • The P/B Ratio of Platinum Industries Ltd changed from 2.8 on March 2024 to 2.8 on March 2024 . This represents a CAGR of 0.00% over 1 years. .

Historical P/B Ratio of Platinum Industries Ltd

No data available

Company Fundamentals for Platinum Industries Ltd

Market Cap

2,532 Cr

EPS

9.1

P/E Ratio (TTM) *

50.9

P/B Ratio (TTM) *

7.7

Day’s High *

470.0

Day’s Low

455.0

DTE *

0.0

ROE *

13.2

52 Week High

482.8

52 Week Low

167.4

ROCE *

17.7

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Platinum 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 2024461.05
06 Nov 2024450.35
05 Nov 2024436.1
04 Nov 2024420.25
01 Nov 2024435.35
31 Oct 2024435.3
30 Oct 2024426.6
29 Oct 2024415.45
28 Oct 2024421.65
25 Oct 2024403.8

SWOT Analysis Of Platinum Industries Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Platinum Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Platinum Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Platinum Industries Ltd72,532
Pidilite Industries Ltd1691,60,445
SRF Ltd36570,370
Linde India Ltd39566,428
Gujarat Fluorochemicals Ltd54947,309
Deepak Nitrite Ltd21438,404

Key Valuation Metric of Platinum Industries Ltd

Share Price

₹458

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 Platinum Industries Ltd

No data available

* All values are in crore

Historical Revenue of Platinum Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Platinum Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Platinum Industries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Platinum Industries Ltd News Hub

News

Platinum Industries to conduct board meeting

Platinum Industries will hold a meeting of the Board of Directors of the Company on 24 Oct...

Read more

17 Oct 202417:16

News

Platinum Industries AGM scheduled

Platinum Industries announced that the Annual General Meeting (AGM) of the company will be...

Read more

18 Sep 202411:17

News

Platinum Industries AGM scheduled

Platinum Industries announced that the Annual General Meeting (AGM) of the company will be...

Read more

17 Sep 202417:31

News

Platinum Industries to table results

Platinum Industries will hold a meeting of the Board of Directors of the Company on 12 Aug...

Read more

10 Aug 202414:05

News

Platinum Industries announces board meeting date

Platinum Industries will hold a meeting of the Board of Directors of the Company on 14 May...

Read more

08 May 202413:56

News

Platinum Industries to conduct board meeting

Platinum Industries will hold a meeting of the Board of Directors of the Company on 21 Mar...

Read more

14 Mar 202417:50

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Platinum Industries Ltd

What is the PB ratio of Platinum Industries Ltd?

The current PB ratio of Platinum Industries Ltd is 7.65. 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 Platinum Industries Ltd stocks?

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

The PB ratio of Platinum 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 Platinum Industries Ltd?

A high PB ratio suggests that Platinum 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 Platinum Industries Ltd?

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

Can Platinum Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Platinum 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.
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