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Race Eco Chain Ltd PB Ratio

Race Eco Chain Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.0 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Race Eco Chain Ltd

NSE: RACEECO

PB

28.4

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Race Eco Chain Ltd is 28.4 as of 07 Nov 24.
  • The P/B Ratio of Race Eco Chain Ltd changed from 15.1 on March 2023 to 24 on March 2024 . This represents a CAGR of 26.07% over 2 years. .

Historical P/B Ratio of Race Eco Chain Ltd

No data available

Company Fundamentals for Race Eco Chain Ltd

Market Cap

629 Cr

EPS

0.6

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

28.4

Day’s High *

385.8

Day’s Low

380.0

DTE *

1.9

ROE *

7.0

52 Week High

457.25

52 Week Low

255.45

ROCE *

8.8

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Race Eco Chain 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 2024383.2
06 Nov 2024392.2
05 Nov 2024386.25
04 Nov 2024388.8
01 Nov 2024397.45
31 Oct 2024391.2
30 Oct 2024382.7
29 Oct 2024378.5
28 Oct 2024367.35
25 Oct 2024361.65

SWOT Analysis Of Race Eco Chain Ltd

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Race Eco Chain Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Race Eco Chain Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Race Eco Chain Ltd28629
Adani Enterprises Ltd1913,42,705
Aegis Logistics Ltd7028,082
Cello World Ltd6519,083
Redington Ltd4915,370
Honasa Consumer Ltd3412,312

Key Valuation Metric of Race Eco Chain Ltd

Share Price

₹383

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 Race Eco Chain Ltd

No data available

* All values are in crore

Historical Revenue of Race Eco Chain Ltd

No data available

* All values are in crore

Historical EBITDA of Race Eco Chain Ltd

No data available

* All values are in crore

Historical Net Profit of Race Eco Chain Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Race Eco Chain Ltd News Hub

News

Race Eco Chain to table results

Race Eco Chain will hold a meeting of the Board of Directors of the Company on 12 November...

Read more

05 Nov 202415:04

News

Race Eco Chain AGM scheduled

Race Eco Chain announced that the 24th Annual General Meeting (AGM) of the company will be...

Read more

07 Jun 202417:43

News

Race Eco Chain to conduct board meeting

Race Eco Chain will hold a meeting of the Board of Directors of the Company on 5 June 2024...

Read more

03 Jun 202410:36

News

Race Eco Chain to declare Quarterly Result

Race Eco Chain will hold a meeting of the Board of Directors of the Company on 28 May 2024...

Read more

25 May 202415:25

News

Race Eco Chain announces board meeting date

Race Eco Chain will hold a meeting of the Board of Directors of the Company on 12 February...

Read more

06 Feb 202417:10

News

Race Eco Chain to announce Quarterly Result

Race Eco Chain will hold a meeting of the Board of Directors of the Company on 6 November ...

Read more

30 Oct 202316:55

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Race Eco Chain Ltd

What is the PB ratio of Race Eco Chain Ltd?

The current PB ratio of Race Eco Chain Ltd is 28.35. 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 Race Eco Chain Ltd stocks?

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

The PB ratio of Race Eco Chain 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 Race Eco Chain Ltd?

A high PB ratio suggests that Race Eco Chain 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 Race Eco Chain Ltd?

A low PB ratio of Race Eco Chain Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Race Eco Chain Ltd PB Ratio change over time?

Yes, the PB ratio of Race Eco Chain 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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