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Ratnaveer Precision Engineering Ltd PB Ratio

Ratnaveer Precision Engineering Ltd PB Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

6.8 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Ratnaveer Precision Engineering Ltd

NSE: RATNAVEER

PB

3.9

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Ratnaveer Precision Engineering Ltd is 3.9 as of 07 Nov 24.
  • The P/B Ratio of Ratnaveer Precision Engineering Ltd changed from 2.2 on March 2024 to 2.2 on March 2024 . This represents a CAGR of 0.00% over 1 years. .

Historical P/B Ratio of Ratnaveer Precision Engineering Ltd

No data available

Company Fundamentals for Ratnaveer Precision Engineering Ltd

Market Cap

987 Cr

EPS

7.3

P/E Ratio (TTM) *

27.9

P/B Ratio (TTM) *

3.9

Day’s High *

211.0

Day’s Low

200.5

DTE *

0.8

ROE *

12.3

52 Week High

223.2

52 Week Low

107.0

ROCE *

11.1

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Ratnaveer Precision Engineering 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 2024203.65
06 Nov 2024200
05 Nov 2024203.9
04 Nov 2024198.5
01 Nov 2024204.5
31 Oct 2024199.3
30 Oct 2024199.2
29 Oct 2024189.75
28 Oct 2024181.2
25 Oct 2024178.25

SWOT Analysis Of Ratnaveer Precision Engineering Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Ratnaveer Precision Engineering Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Ratnaveer Precision Engineering Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Ratnaveer Precision Engineering Ltd

Share Price

₹211

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 Ratnaveer Precision Engineering Ltd

No data available

* All values are in crore

Historical Revenue of Ratnaveer Precision Engineering Ltd

No data available

* All values are in crore

Historical EBITDA of Ratnaveer Precision Engineering Ltd

No data available

* All values are in crore

Historical Net Profit of Ratnaveer Precision Engineering Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Ratnaveer Precision Engineering Ltd News Hub

News

Ratnaveer Precision Engg. to convene board meeting

Ratnaveer Precision Engg. will hold a meeting of the Board of Directors of the Company on ...

Read more

30 Oct 202415:33

News

Ratnaveer Precision Engg. to conduct AGM

Ratnaveer Precision Engg. announced that the 22th Annual General Meeting (AGM) of the comp...

Read more

28 Aug 202414:56

News

Ratnaveer Precision Engg. to announce Quarterly Result

Ratnaveer Precision Engg. will hold a meeting of the Board of Directors of the Company on ...

Read more

10 Jul 202409:43

News

Ratnaveer Precision Engg. to hold EGM

Ratnaveer Precision Engg. announced that an Extra Ordinary General Meeting (EGM) of the Co...

Read more

01 Jul 202409:54

News

Ratnaveer Precision Engg. to announce Quarterly Result

Ratnaveer Precision Engg. will hold a meeting of the Board of Directors of the Company on ...

Read more

21 Jun 202409:52

News

Ratnaveer Precision Engg. to announce Quarterly Result

Ratnaveer Precision Engg. will hold a meeting of the Board of Directors of the Company on ...

Read more

17 May 202414:08

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Ratnaveer Precision Engineering Ltd

What is the PB ratio of Ratnaveer Precision Engineering Ltd?

The current PB ratio of Ratnaveer Precision Engineering Ltd is 3.92. 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 Ratnaveer Precision Engineering Ltd stocks?

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

The PB ratio of Ratnaveer Precision Engineering 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 Ratnaveer Precision Engineering Ltd?

A high PB ratio suggests that Ratnaveer Precision Engineering 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 Ratnaveer Precision Engineering Ltd?

A low PB ratio of Ratnaveer Precision Engineering Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Ratnaveer Precision Engineering Ltd PB Ratio change over time?

Yes, the PB ratio of Ratnaveer Precision Engineering 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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