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Purple Finance Ltd PB Ratio

Purple Finance Ltd PB Ratio

stocks purchased

₹ 0.7 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

152.9 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Purple Finance Ltd

NSE: PURPLEFIN

PB

4.1

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Purple Finance Ltd is 4.1 as of 07 Nov 24.
  • The P/B Ratio of Purple Finance Ltd changed from 0 on March 2023 to 0 on March 2024 . This represents a CAGR of 0.0% over 2 years. .

Historical P/B Ratio of Purple Finance Ltd

No data available

Company Fundamentals for Purple Finance Ltd

Market Cap

205 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

4.1

Day’s High *

49.98

Day’s Low

45.45

DTE *

1.4

ROE *

-33.0

52 Week High

113.57

52 Week Low

41.17

ROCE *

-16.3

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Purple Finance 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 202445.75
06 Nov 202447.76
05 Nov 202445.49
04 Nov 202443.33
01 Nov 202445.53
31 Oct 202447.92
30 Oct 202448.89
29 Oct 202449.88
28 Oct 202450.89
25 Oct 202451.92

BlinkX Score for Purple Finance Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Purple Finance Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Purple Finance Ltd

Share Price

₹46

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 Purple Finance Ltd

No data available

* All values are in crore

Historical Revenue of Purple Finance Ltd

No data available

* All values are in crore

Historical EBITDA of Purple Finance Ltd

No data available

* All values are in crore

Historical Net Profit of Purple Finance Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Purple Finance Ltd News Hub

News

Purple Finance to hold board meeting

Purple Finance will hold a meeting of the Board of Directors of the Company on 25 October ...

Read more

18 Oct 202417:16

News

Purple Finance concludes its rights issue with strong investor interest

Purple Finance has announced the successful closure of its recent rights issue, which was ...

Read more

18 Oct 202410:53

News

Purple Finance to hold board meeting

Purple Finance will hold a meeting of the Board of Directors of the Company on 20 Septembe...

Read more

18 Sep 202411:32

News

Purple Finance to hold EGM

Purple Finance announced that an Extra Ordinary General Meeting (EGM) of the Company will ...

Read more

30 Jul 202417:12

News

Purple Finance Ltd leads losers in 'B' group

Thangamayil Jewellery Ltd, Tatva Chintan Pharma Chem Ltd, Apex Frozen Foods Ltd and Heubac...

Read more

25 Jul 202414:45

News

Purple Finance schedules board meeting

Purple Finance will hold a meeting of the Board of Directors of the Company on 29 July 202...

Read more

24 Jul 202416:07

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Concalls

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FAQs for PB Ratio of Purple Finance Ltd

What is the PB ratio of Purple Finance Ltd?

The current PB ratio of Purple Finance Ltd is 4.1. 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 Purple Finance Ltd stocks?

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

The PB ratio of Purple Finance 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 Purple Finance Ltd?

A high PB ratio suggests that Purple Finance 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 Purple Finance Ltd?

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

Can Purple Finance Ltd PB Ratio change over time?

Yes, the PB ratio of Purple Finance 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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