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Resourceful Automobile Ltd PB Ratio

Resourceful Automobile Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

3.6 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Resourceful Automobile Ltd

NSE: RAL

PB

1.2

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Resourceful Automobile Ltd is 1.2 as of 07 Nov 24.
  • The P/B Ratio of Resourceful Automobile Ltd changed from 0 on March 2022 to 0 on March 2023 . This represents a CAGR of 0.0% over 2 years. .

Historical P/B Ratio of Resourceful Automobile Ltd

No data available

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Resourceful Automobile 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 202460
05 Nov 202458.33
04 Nov 202457
01 Nov 202458.5
30 Oct 202457.85
29 Oct 202455.1
28 Oct 202458.55
25 Oct 202460
24 Oct 202462
23 Oct 202461.5

BlinkX Score for Resourceful Automobile Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Resourceful Automobile Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Resourceful Automobile Ltd

Share Price

₹60

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 Resourceful Automobile Ltd

No data available

* All values are in crore

Historical Revenue of Resourceful Automobile Ltd

No data available

* All values are in crore

Historical EBITDA of Resourceful Automobile Ltd

No data available

* All values are in crore

Historical Net Profit of Resourceful Automobile Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Resourceful Automobile Ltd News Hub

News

BSE SME Resourceful Automobile climbs on debut

The scrip was listed at Rs 117, at par with the initial public offer (IPO) price. The stoc...

Read more

29 Aug 202410:27

News

Shares of Resourceful Automobile lists today

The equity shares of Resourceful Automobile (Scrip Code: 544236) are listed effective 29 A...

Read more

29 Aug 202410:54

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Concalls

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FAQs for PB Ratio of Resourceful Automobile Ltd

What is the PB ratio of Resourceful Automobile Ltd?

The current PB ratio of Resourceful Automobile Ltd is 0.0. 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 Resourceful Automobile Ltd stocks?

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

The PB ratio of Resourceful Automobile 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 Resourceful Automobile Ltd?

A high PB ratio suggests that Resourceful Automobile 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 Resourceful Automobile Ltd?

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

Can Resourceful Automobile Ltd PB Ratio change over time?

Yes, the PB ratio of Resourceful Automobile 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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