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Rajratan Global Wire Ltd PB Ratio

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Rajratan Global Wire Ltd

NSE: RAJRATAN

PB

4.8

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Rajratan Global Wire Ltd is 4.8.
  • The PB ratio of the Rajratan Global Wire Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Rajratan Global Wire Ltd changed from 2.1 on March 2019 to 6 on March 2024 . This represents a CAGR of 19.12% over 6 years.

Historical P/B Ratio of Rajratan Global Wire Ltd

No data available

Company Fundamentals for Rajratan Global Wire Ltd

Market Cap

2,544 Cr

EPS

14.6

P/E Ratio (TTM)

34.3

P/B Ratio (TTM)

4.8

Day’s High

508.2

Day’s Low

499.7

DTE

0.6

ROE

13.7

52 Week High

830.0

52 Week Low

499.6

ROCE

13.8

Market Price of Rajratan Global Wire Ltd

1M

1Y

3Y

5Y

Monitoring Rajratan Global Wire 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
22 Nov 2024501.2
21 Nov 2024501.45
19 Nov 2024511.2
18 Nov 2024507.45
14 Nov 2024509.5

SWOT Analysis Of Rajratan Global Wire Ltd

Strength

3

che

Weakness

3

che

Opportunity

1

che

Threats

1

che

BlinkX Score for Rajratan Global Wire Ltd

Asset Value vs Market Value of Rajratan Global Wire Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Rajratan Global Wire Ltd4.75
JSW Steel Ltd319.8
Tata Steel Ltd112.7
Jindal Steel & Power Ltd475.6
Tube Investments of India Ltd220.3

Historical Market Cap of Rajratan Global Wire Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Rajratan Global Wire Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Rajratan Global Wire Ltd

What is the PB ratio of Rajratan Global Wire Ltd?

The current PB ratio of Rajratan Global Wire Ltd is 4.75. 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 Rajratan Global Wire Ltd stocks?

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

The PB ratio of Rajratan Global Wire 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 Rajratan Global Wire Ltd?

A high PB ratio suggests that Rajratan Global Wire 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 Rajratan Global Wire Ltd?

A low PB ratio of Rajratan Global Wire Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Rajratan Global Wire Ltd PB Ratio change over time?

Yes, the PB ratio of Rajratan Global Wire 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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