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Platinum Industries Ltd PB Ratio

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Platinum Industries Ltd

NSE: PLATIND

PB

6.5

Last updated on: 29 Nov 24

Key Highlights

  • The latest PB Ratio of Platinum Industries Ltd is 6.5.
  • The PB ratio of the Platinum Industries Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • 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

2,355 Cr

EPS

9.6

P/E Ratio (TTM)

44.9

P/B Ratio (TTM)

6.5

Day’s High

436.35

Day’s Low

427.5

DTE

0.0

ROE

14.5

52 Week High

482.8

52 Week Low

167.4

ROCE

19.5

Market Price of Platinum Industries Ltd

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
29 Nov 2024428.9
28 Nov 2024426.8
27 Nov 2024432
26 Nov 2024430.85
25 Nov 2024423.75

SWOT Analysis Of Platinum Industries Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Platinum Industries Ltd

Asset Value vs Market Value of Platinum Industries Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Platinum Industries Ltd6.49
Pidilite Industries Ltd169.8
SRF Ltd367.6
Linde India Ltd416.1
Gujarat Fluorochemicals Ltd559.2

Historical Market Cap of Platinum Industries Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Platinum Industries Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 6.49. 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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