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Reliance Industries Ltd PB Ratio

Reliance Industries Ltd PB Ratio

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₹ 8.7 Cr

Volume transacted

stocks purchased

29.7 K

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Last Updated time: 16 Sep 15:30 PM

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Reliance Industries Ltd

NSE: RELIANCE

PB

2.5

Last updated: 13 Sep 24

Key Highlights

  • The P/B Ratio of Reliance Industries Ltd is 2.5 as of 13 Sep 24.
  • The P/B Ratio of Reliance Industries Ltd changed from 2.3 on March 2022 to 2.5 on March 2024 . This represents a CAGR of 2.82% over 3 years. .

Historical P/B Ratio of Reliance Industries Ltd

No data available

Company Fundamentals for Reliance Industries Ltd

Market Cap

1,992,160 Cr

EPS

101.6

P/E Ratio (TTM) *

29.0

P/B Ratio (TTM) *

2.5

Day’s High *

2961.6

Day’s Low

2930.0

DTE *

0.4

ROE *

8.8

52 Week High

3217.9

52 Week Low

2221.05

ROCE *

10.1

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Reliance Industries Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

SWOT Analysis Of Reliance Industries Ltd

Strength

3

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Reliance Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Reliance Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Reliance Industries Ltd

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 Reliance Industries Ltd

No data available

* All values are in crore

Historical Revenue of Reliance Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Reliance Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Reliance Industries Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Reliance Industries Ltd News Hub

News

Reliance Industries Board approves bonus issue of 1:1

The Board of Reliance Industries at its meeting held on 05 September 2024 has approved the...

Read more

05 Sep 202415:20

News

Reliance Inds board OKs 1:1 bonus issue

In a regulatory filing, the company said, 'The board of directors has recommended issue of...

Read more

05 Sep 202416:03

News

RIL Board to consider bonus issue of 1:1

The Board of Reliance Industries will consider proposal for issue of bonus equity shares i...

Read more

29 Aug 202414:00

News

Reliance Ind gains as board to mull 1:1 bonus issue on Sep 5

The meeting will focus on a proposal to issue bonus shares to equity shareholders. The com...

Read more

29 Aug 202414:11

News

Reliance Industries to consider bonus Issue

Reliance Industries will hold a meeting of the Board of Directors of the Company on 5 Sept...

Read more

29 Aug 202415:38

News

Reliance Industries schedules AGM

Reliance Industries announced that the Annual General Meeting (AGM) of the company will be...

Read more

08 Aug 202417:25

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FAQs for PB Ratio of Reliance Industries Ltd

What is the PB ratio of Reliance Industries Ltd?

The current PB ratio of Reliance Industries Ltd is 2.51. 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 Reliance Industries Ltd stocks?

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

The PB ratio of Reliance Industries 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 Reliance Industries Ltd?

A high PB ratio suggests that Reliance Industries 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 Reliance Industries Ltd?

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

Can Reliance Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Reliance Industries 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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