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Rex Pipes & Cables Industries Ltd PB Ratio

Rex Pipes & Cables Industries Ltd PB Ratio

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Last Updated on: Nov 08, 2024

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Rex Pipes & Cables Industries Ltd

NSE: REXPIPES

PB

2.2

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Rex Pipes & Cables Industries Ltd is 2.2 as of 07 Nov 24.
  • The P/B Ratio of Rex Pipes & Cables Industries Ltd changed from 1.5 on March 2023 to 1.8 on March 2024 . This represents a CAGR of 9.54% over 2 years. .

Historical P/B Ratio of Rex Pipes & Cables Industries Ltd

No data available

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Rex Pipes & Cables 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
07 Nov 202472
06 Nov 202468.85
05 Nov 202472.45
31 Oct 202476.25
30 Oct 202475.2
29 Oct 202473.8
28 Oct 202475.25
25 Oct 202474
24 Oct 202473.35
23 Oct 202475.75

SWOT Analysis Of Rex Pipes & Cables Industries Ltd

Strength

4

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Rex Pipes & Cables Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Rex Pipes & Cables Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Rex Pipes & Cables Industries Ltd

Share Price

₹69

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 Rex Pipes & Cables Industries Ltd

No data available

* All values are in crore

Historical Revenue of Rex Pipes & Cables Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Rex Pipes & Cables Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Rex Pipes & Cables Industries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Rex Pipes & Cables Industries Ltd News Hub

News

Rex Pipes & Cables Industries announces board meeting date

Rex Pipes & Cables Industries will hold a meeting of the Board of Directors of the Company...

Read more

29 Oct 202416:54

News

Rex Pipes & Cables Industries to discuss results

Rex Pipes & Cables Industries will hold a meeting of the Board of Directors of the Company...

Read more

09 Jul 202410:27

News

Rex Pipes & Cables Industries to convene AGM

Rex Pipes & Cables Industries announced that the 22th Annual General Meeting(AGM) of the c...

Read more

24 May 202413:54

News

Rex Pipes & Cables Industries to convene board meeting

Rex Pipes & Cables Industries will hold a meeting of the Board of Directors of the Company...

Read more

15 May 202416:28

News

Rex Pipes & Cables Industries announces board meeting date

Rex Pipes & Cables Industries will hold a meeting of the Board of Directors of the Company...

Read more

20 Feb 202411:06

News

Rex Pipes & Cables Industries to declare Quarterly Result

Rex Pipes & Cables Industries will hold a meeting of the Board of Directors of the Company...

Read more

07 Nov 202317:24

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Concalls

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FAQs for PB Ratio of Rex Pipes & Cables Industries Ltd

What is the PB ratio of Rex Pipes & Cables Industries Ltd?

The current PB ratio of Rex Pipes & Cables Industries 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 Rex Pipes & Cables Industries Ltd stocks?

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

The PB ratio of Rex Pipes & Cables 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 Rex Pipes & Cables Industries Ltd?

A high PB ratio suggests that Rex Pipes & Cables 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 Rex Pipes & Cables Industries Ltd?

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

Can Rex Pipes & Cables Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Rex Pipes & Cables 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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