Home

PB Ratio of Rainbow Denim Ltd

Image

Rainbow Denim Ltd

NSE: RAINBOWDENIM

PB Ratio

0.2

Last updated on: May 18, 2024

Key Highlights

  • The latest PB Ratio of Rainbow Denim Ltd is 0.2.
  • The PB ratio of the Rainbow Denim Ltd is below 1 which indicates that the stock is undervalued.
  • The P/B Ratio of Rainbow Denim Ltd changed from -0.1 on March 2019 to -0 on March 2021 . This represents a CAGR of -100.00% over 3 years.

Historical P/B Ratio of Rainbow Denim Ltd

No data available

Company Fundamentals for Rainbow Denim Ltd

Market Cap

4 Cr

EPS

1.8

P/E Ratio (TTM)

1.9

P/B Ratio (TTM)

0.2

Day’s High

3.44

Day’s Low

3.16

DTE

3.0

ROE

10.0

52 Week High

3.44

52 Week Low

0.0

ROCE

2.8

Market Price of Rainbow Denim Ltd

1M

1Y

3Y

5Y

Monitoring Rainbow Denim 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
18 May 20233.44
17 May 20233.28
16 May 20233.41
15 May 20233.55
12 May 20233.61

SWOT Analysis Of Rainbow Denim Ltd

Strength

0

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Rainbow Denim Ltd

Asset Value vs Market Value of Rainbow Denim Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Rainbow Denim Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Rainbow Denim Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Rainbow Denim Ltd

What is the PB ratio of Rainbow Denim Ltd?

The current PB ratio of Rainbow Denim Ltd is 0.19. 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 Rainbow Denim Ltd stocks?

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

The PB ratio of Rainbow Denim 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 Rainbow Denim Ltd?

A high PB ratio suggests that Rainbow Denim 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 Rainbow Denim Ltd?

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

Can Rainbow Denim Ltd PB Ratio change over time?

Yes, the PB ratio of Rainbow Denim Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Open Demat Account
Verify your phone
+91
*By signing up you agree to our terms & conditions