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Remi Edelstahl Tubulars Ltd PB Ratio

Remi Edelstahl Tubulars Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.5 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Remi Edelstahl Tubulars Ltd

NSE: REMIEDELSTAHL

PB

2.4

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Remi Edelstahl Tubulars Ltd is 2.4 as of 07 Nov 24.
  • The P/B Ratio of Remi Edelstahl Tubulars Ltd changed from 1.1 on March 2022 to 1.8 on March 2024 . This represents a CAGR of 17.84% over 3 years. .

Historical P/B Ratio of Remi Edelstahl Tubulars Ltd

No data available

Company Fundamentals for Remi Edelstahl Tubulars Ltd

Market Cap

106 Cr

EPS

2.8

P/E Ratio (TTM) *

34.5

P/B Ratio (TTM) *

2.4

Day’s High *

99.0

Day’s Low

97.0

DTE *

0.6

ROE *

6.9

52 Week High

114.9

52 Week Low

52.1

ROCE *

7.3

Market Price Over Time

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
07 Nov 202496.94
06 Nov 202496.78
05 Nov 202496.33
04 Nov 202494.94
01 Nov 202489.6
31 Oct 202480.42
30 Oct 202479.27
29 Oct 202480.41
28 Oct 202480.63
25 Oct 202478.49

SWOT Analysis Of Remi Edelstahl Tubulars Ltd

Strength

2

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Remi Edelstahl Tubulars Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Remi Edelstahl Tubulars Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Remi Edelstahl Tubulars Ltd2106
JSW Steel Ltd3192,42,112
Tata Steel Ltd1121,88,376
Jindal Steel & Power Ltd47596,602
Tube Investments of India Ltd22077,000
Jindal Stainless Ltd17859,514

Key Valuation Metric of Remi Edelstahl Tubulars Ltd

Share Price

₹98

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 Remi Edelstahl Tubulars Ltd

No data available

* All values are in crore

Historical Revenue of Remi Edelstahl Tubulars Ltd

No data available

* All values are in crore

Historical EBITDA of Remi Edelstahl Tubulars Ltd

No data available

* All values are in crore

Historical Net Profit of Remi Edelstahl Tubulars Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Remi Edelstahl Tubulars Ltd News Hub

News

Remi Edelstahl Tubulars to announce Quarterly Result

Remi Edelstahl Tubulars will hold a meeting of the Board of Directors of the Company on 21...

Read more

11 Oct 202417:24

News

Remi Edelstahl Tubulars to conduct AGM

Remi Edelstahl Tubulars announced that the 53th Annual General Meeting (AGM) of the compan...

Read more

22 Aug 202417:56

News

Remi Edelstahl Tubulars to hold board meeting

Remi Edelstahl Tubulars will hold a meeting of the Board of Directors of the Company on 14...

Read more

07 Aug 202412:42

News

Remi Edelstahl Tubulars to discuss results

Remi Edelstahl Tubulars will hold a meeting of the Board of Directors of the Company on 27...

Read more

20 May 202410:56

News

Remi Edelstahl Tubulars announces board meeting date

Remi Edelstahl Tubulars will hold a meeting of the Board of Directors of the Company on 30...

Read more

19 Jan 202417:17

News

Remi Edelstahl Tubulars to convene board meeting

Remi Edelstahl Tubulars will hold a meeting of the Board of Directors of the Company on 9 ...

Read more

28 Oct 202315:28

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Annual Reports

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Credit Ratings

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Concalls

Data not available

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 2.37. 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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