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Primuss Pipes & Tubes Ltd PB Ratio

Primuss Pipes & Tubes Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Aug 2, 2021)

stocks purchased

0.8 K

Stocks Traded

(Aug 2, 2021)

Last Updated on: Nov 15, 2024

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Primuss Pipes & Tubes Ltd

NSE: PRIMUSSPIPES

PB

0.1

Last updated on: Aug 02, 2024

Key Highlights

  • The P/B Ratio of Primuss Pipes & Tubes Ltd is 0.1 as of 02 Aug 21.

Company Fundamentals for Primuss Pipes & Tubes Ltd

Market Cap

1 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

0.1

Day’s High *

2.68

Day’s Low

2.56

DTE *

2.0

ROE *

5.8

52 Week High

2.68

52 Week Low

0.0

ROCE *

8.9

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Primuss Pipes & Tubes 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
02 Aug 20212.68
19 Jul 20212.56
28 Jun 20212.55
14 Jun 20212.68
31 May 20212.67
24 May 20212.67
17 May 20212.55
19 Apr 20212.43
08 Mar 20212.43
15 Jan 20212.43

SWOT Analysis Of Primuss Pipes & Tubes Ltd

Strength

0

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Primuss Pipes & Tubes Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Primuss Pipes & Tubes Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Primuss Pipes & Tubes Ltd01
JSW Steel Ltd3192,29,591
Tata Steel Ltd1121,72,273
Jindal Steel & Power Ltd47589,467
Tube Investments of India Ltd22066,614
Jindal Stainless Ltd17857,163

Key Valuation Metric of Primuss Pipes & Tubes Ltd

Share Price

₹3

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 Primuss Pipes & Tubes Ltd

No data available

* All values are in crore

Historical Revenue of Primuss Pipes & Tubes Ltd

No data available

* All values are in crore

Historical EBITDA of Primuss Pipes & Tubes Ltd

No data available

* All values are in crore

Historical Net Profit of Primuss Pipes & Tubes Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Primuss Pipes & Tubes Ltd News Hub

News

Premier Pipes schedules board meeting

Premier Pipes will hold a meeting of the Board of Directors of the Company on 14 February ...

Read more

07 Feb 202013:59

News

Premier Pipes to declare Quarterly Result

Premier Pipes will hold a meeting of the Board of Directors of the Company on 14 November ...

Read more

11 Nov 201910:40

News

Premier Pipes to declare Quarterly Result

Premier Pipes will hold a meeting of the Board of Directors of the Company on 14 November ...

Read more

08 Nov 201916:45

News

Premier Pipes AGM scheduled

Premier Pipes announced that the Annual General Meeting (AGM) of the company will be held ...

Read more

14 Sep 201914:01

News

Premier Pipes AGM scheduled

Premier Pipes announced that the Annual General Meeting (AGM) of the company will be held ...

Read more

11 Sep 201909:49

News

Premier Pipes appoints director

Premier Pipes has appointed Praveen Chauhan as Additional Director on the Board of the Com...

Read more

14 Aug 201919:02

Document

Annual Reports

N/A

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Credit Ratings

N/A

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Concalls

Data not available

FAQs for PB Ratio of Primuss Pipes & Tubes Ltd

What is the PB ratio of Primuss Pipes & Tubes Ltd?

The current PB ratio of Primuss Pipes & Tubes Ltd is 0.14. 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 Primuss Pipes & Tubes Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Primuss Pipes & Tubes 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 Primuss Pipes & Tubes Ltd calculated?

The PB ratio of Primuss Pipes & Tubes 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 Primuss Pipes & Tubes Ltd?

A high PB ratio suggests that Primuss Pipes & Tubes 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 Primuss Pipes & Tubes Ltd?

A low PB ratio of Primuss Pipes & Tubes Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Primuss Pipes & Tubes Ltd PB Ratio change over time?

Yes, the PB ratio of Primuss Pipes & Tubes 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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