HomeInsightsPB

Rasi Electrodes Ltd PB Ratio

Rasi Electrodes Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

11.6 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

Image

Rasi Electrodes Ltd

NSE: RASIELECTRODES

PB

3.5

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Rasi Electrodes Ltd is 3.5 as of 07 Nov 24.
  • The P/B Ratio of Rasi Electrodes Ltd changed from 0.9 on March 2022 to 2.1 on March 2024 . This represents a CAGR of 32.64% over 3 years. .

Historical P/B Ratio of Rasi Electrodes Ltd

No data available

Company Fundamentals for Rasi Electrodes Ltd

Market Cap

112 Cr

EPS

1.2

P/E Ratio (TTM) *

30.1

P/B Ratio (TTM) *

3.5

Day’s High *

37.0

Day’s Low

36.0

DTE *

0.0

ROE *

9.8

52 Week High

45.24

52 Week Low

18.0

ROCE *

12.8

Market Price Over Time

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
07 Nov 202436.08
06 Nov 202437.03
05 Nov 202436.37
04 Nov 202436.42
01 Nov 202436.91
31 Oct 202436
30 Oct 202436.1
29 Oct 202436.07
28 Oct 202435.46
25 Oct 202435

SWOT Analysis Of Rasi Electrodes Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Rasi Electrodes Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Rasi Electrodes Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Rasi Electrodes Ltd3112
Cummins India Ltd22198,572
Thermax Ltd30160,754
Carborundum Universal Ltd12627,194
Jyoti CNC Automation Ltd7626,182
Grindwell Norton Ltd18424,264

Key Valuation Metric of Rasi Electrodes Ltd

Share Price

₹37

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 Rasi Electrodes Ltd

No data available

* All values are in crore

Historical Revenue of Rasi Electrodes Ltd

No data available

* All values are in crore

Historical EBITDA of Rasi Electrodes Ltd

No data available

* All values are in crore

Historical Net Profit of Rasi Electrodes Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Rasi Electrodes Ltd News Hub

News

Rasi Electrodes to announce Quarterly Result

Rasi Electrodes will hold a meeting of the Board of Directors of the Company on 14 Novembe...

Read more

04 Nov 202418:42

News

Rasi Electrodes to conduct AGM

Rasi Electrodes announced that the 30th Annual General Meeting (AGM) of the company will b...

Read more

21 Aug 202416:20

News

Rasi Electrodes schedules board meeting

Rasi Electrodes will hold a meeting of the Board of Directors of the Company on 13 August ...

Read more

07 Aug 202416:49

News

Rasi Electrodes to hold board meeting

Rasi Electrodes will hold a meeting of the Board of Directors of the Company on 30 May 202...

Read more

28 May 202415:33

News

Rasi Electrodes to convene board meeting

Rasi Electrodes will hold a meeting of the Board of Directors of the Company on 29 March 2...

Read more

22 Mar 202415:55

News

Rasi Electrodes postpones board meeting

Rasi Electrodes has postponed the meeting of the Board of Directors which was scheduled to...

Read more

10 Feb 202417:39

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

Data not available

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 3.45. 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.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*