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PB Ratio of Reliance Industries Ltd

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Reliance Industries Ltd

NSE: RELIANCE

PB Ratio

2.1

Last updated on: Dec 17, 2024

Key Highlights

  • The latest PB Ratio of Reliance Industries Ltd is 2.1.
  • The PB ratio of the Reliance Industries Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Reliance Industries Ltd changed from 2.1 on March 2019 to 2.5 on March 2024 . This represents a CAGR of 2.95% over 6 years.

Historical P/B Ratio of Reliance Industries Ltd

No data available

Company Fundamentals for Reliance Industries Ltd

Market Cap

1,684,915 Cr

EPS

50.2

P/E Ratio (TTM)

24.8

P/B Ratio (TTM)

2.1

Day’s High

1262.65

Day’s Low

1242.6

DTE

0.4

ROE

8.3

52 Week High

1608.95

52 Week Low

1217.7

ROCE

9.7

Market Price of Reliance Industries Ltd

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.

Last Ten Days Market Price

Date
leftPrice (₹)right
17 Dec 20241245.1
16 Dec 20241268.05
13 Dec 20241273.35
12 Dec 20241263.85
11 Dec 20241278.1

SWOT Analysis Of Reliance Industries Ltd

Strength

3

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Reliance Industries Ltd

Asset Value vs Market Value of Reliance Industries Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Reliance Industries Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Reliance Industries Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 2.06. 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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