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Polytex India Ltd PB Ratio

Polytex India Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 4, 2024)

stocks purchased

18.0 K

Stocks Traded

(Nov 4, 2024)

Last Updated on: Nov 08, 2024

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Polytex India Ltd

NSE: POLYTEXINDIA

PB

3.2

Last updated on: Nov 04, 2024

Key Highlights

  • The P/B Ratio of Polytex India Ltd is 3.2 as of 04 Nov 24.
  • The P/B Ratio of Polytex India Ltd changed from 2.5 on March 2022 to 2.8 on March 2024 . This represents a CAGR of 3.85% over 3 years. .

Historical P/B Ratio of Polytex India Ltd

No data available

Company Fundamentals for Polytex India Ltd

Market Cap

8 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

3.2

Day’s High *

6.17

Day’s Low

6.0

DTE *

0.1

ROE *

-6.2

52 Week High

9.8

52 Week Low

2.85

ROCE *

-5.8

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Polytex India 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
04 Nov 20246.17
28 Oct 20245.88
21 Oct 20245.6
14 Oct 20245.39
07 Oct 20245.14
30 Sep 20245.29
23 Sep 20245.54
16 Sep 20245.83
09 Sep 20246.02
02 Sep 20246.33

SWOT Analysis Of Polytex India Ltd

Strength

0

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Polytex India Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Polytex India Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Polytex India Ltd

Share Price

₹6

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 Polytex India Ltd

No data available

* All values are in crore

Historical Revenue of Polytex India Ltd

No data available

* All values are in crore

Historical EBITDA of Polytex India Ltd

No data available

* All values are in crore

Historical Net Profit of Polytex India Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Polytex India Ltd News Hub

News

Polytex India to conduct board meeting

Polytex India will hold a meeting of the Board of Directors of the Company on 14 November ...

Read more

06 Nov 202410:59

News

Polytex India schedules AGM

Polytex India announced that the Annual General Meeting (AGM) of the company will be held ...

Read more

14 Sep 202410:29

News

Polytex India to hold board meeting

Polytex India will hold a meeting of the Board of Directors of the Company on 13 August 20...

Read more

07 Aug 202412:37

News

Polytex India to convene board meeting

Polytex India will hold a meeting of the Board of Directors of the Company on 30 May 2024 ...

Read more

25 May 202413:50

News

Polytex India to declare Quarterly Result

Polytex India will hold a meeting of the Board of Directors of the Company on 14 February ...

Read more

02 Feb 202412:56

News

Polytex India to table results

Polytex India will hold a meeting of the Board of Directors of the Company on 14 November ...

Read more

07 Nov 202312:03

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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 Polytex India Ltd

What is the PB ratio of Polytex India Ltd?

The current PB ratio of Polytex India Ltd is 3.22. 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 Polytex India Ltd stocks?

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

The PB ratio of Polytex India 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 Polytex India Ltd?

A high PB ratio suggests that Polytex India 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 Polytex India Ltd?

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

Can Polytex India Ltd PB Ratio change over time?

Yes, the PB ratio of Polytex India 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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