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PB Ratio of Remi Edelstahl Tubulars Ltd

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Remi Edelstahl Tubulars Ltd

NSE: REMIEDELSTAHL

PB Ratio

3

Last updated on: Dec 11, 2024

Key Highlights

  • The latest PB Ratio of Remi Edelstahl Tubulars Ltd is 3.
  • The PB ratio of the Remi Edelstahl Tubulars Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Remi Edelstahl Tubulars Ltd changed from 0.8 on March 2019 to 1.8 on March 2024 . This represents a CAGR of 14.47% over 6 years.

Historical P/B Ratio of Remi Edelstahl Tubulars Ltd

No data available

Company Fundamentals for Remi Edelstahl Tubulars Ltd

Market Cap

133 Cr

EPS

2.8

P/E Ratio (TTM)

43.2

P/B Ratio (TTM)

3.0

Day’s High

130.01

Day’s Low

120.0

DTE

0.6

ROE

6.9

52 Week High

130.01

52 Week Low

61.01

ROCE

7.3

Market Price of Remi Edelstahl Tubulars Ltd

1M

1Y

3Y

5Y

Monitoring Remi Edelstahl Tubulars 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
11 Dec 2024121.45
10 Dec 2024116.79
09 Dec 2024102.01
06 Dec 2024100.64
05 Dec 2024101.38

SWOT Analysis Of Remi Edelstahl Tubulars Ltd

Strength

2

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Remi Edelstahl Tubulars Ltd

Asset Value vs Market Value of Remi Edelstahl Tubulars Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Remi Edelstahl Tubulars Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Remi Edelstahl Tubulars Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Remi Edelstahl Tubulars Ltd

What is the PB ratio of Remi Edelstahl Tubulars Ltd?

The current PB ratio of Remi Edelstahl Tubulars Ltd is 2.97. 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 Remi Edelstahl Tubulars Ltd stocks?

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

The PB ratio of Remi Edelstahl Tubulars 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 Remi Edelstahl Tubulars Ltd?

A high PB ratio suggests that Remi Edelstahl Tubulars 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 Remi Edelstahl Tubulars Ltd?

A low PB ratio of Remi Edelstahl Tubulars Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Remi Edelstahl Tubulars Ltd PB Ratio change over time?

Yes, the PB ratio of Remi Edelstahl Tubulars 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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