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Rasi Electrodes Ltd PB Ratio

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Rasi Electrodes Ltd

NSE: RASIELECTRODES

PB

2.8

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Rasi Electrodes Ltd is 2.8.
  • The PB ratio of the Rasi Electrodes Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Rasi Electrodes Ltd changed from 0.6 on March 2019 to 2.1 on March 2024 . This represents a CAGR of 23.22% over 6 years.

Historical P/B Ratio of Rasi Electrodes Ltd

No data available

Company Fundamentals for Rasi Electrodes Ltd

Market Cap

98 Cr

EPS

1.2

P/E Ratio (TTM)

27.2

P/B Ratio (TTM)

2.8

Day’s High

32.95

Day’s Low

31.2

DTE

0.1

ROE

10.5

52 Week High

45.24

52 Week Low

18.0

ROCE

13.2

Market Price of Rasi Electrodes Ltd

1M

1Y

3Y

5Y

Monitoring Rasi Electrodes 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 202431.5
21 Nov 202432.33
19 Nov 202434
18 Nov 202433.57
14 Nov 202433.3

SWOT Analysis Of Rasi Electrodes Ltd

Strength

1

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Rasi Electrodes Ltd

Asset Value vs Market Value of Rasi Electrodes Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Rasi Electrodes Ltd2.84
Cummins India Ltd233.6
Thermax Ltd300.8
Jyoti CNC Automation Ltd82.1
Carborundum Universal Ltd127.8

Historical Market Cap of Rasi Electrodes Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Rasi Electrodes Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Rasi Electrodes Ltd

What is the PB ratio of Rasi Electrodes Ltd?

The current PB ratio of Rasi Electrodes Ltd is 2.84. 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 Rasi Electrodes Ltd stocks?

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

The PB ratio of Rasi Electrodes 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 Rasi Electrodes Ltd?

A high PB ratio suggests that Rasi Electrodes 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 Rasi Electrodes Ltd?

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

Can Rasi Electrodes Ltd PB Ratio change over time?

Yes, the PB ratio of Rasi Electrodes 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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