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Rhetan Tmt Ltd PB Ratio

Rhetan Tmt Ltd PB Ratio

stocks purchased

₹ 5.6 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

2897.8 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Rhetan TMT Ltd

NSE: RHETAN

PB

16.8

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Rhetan TMT Ltd is 16.8 as of 07 Nov 24.
  • The P/B Ratio of Rhetan TMT Ltd changed from 14 on March 2023 to 7.5 on March 2024 . This represents a CAGR of -26.81% over 2 years. .

Historical P/B Ratio of Rhetan TMT Ltd

No data available

Company Fundamentals for Rhetan TMT Ltd

Market Cap

1,541 Cr

EPS

0.1

P/E Ratio (TTM) *

276.3

P/B Ratio (TTM) *

16.8

Day’s High *

19.8

Day’s Low

19.0

DTE *

0.2

ROE *

6.0

52 Week High

19.8

52 Week Low

7.62

ROCE *

8.0

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Rhetan TMT 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 202419.34
06 Nov 202419.57
05 Nov 202419.16
04 Nov 202418.5
01 Nov 202418.63
31 Oct 202418.05
30 Oct 202417.97
29 Oct 202417.04
28 Oct 202417.09
25 Oct 202416.55

SWOT Analysis Of Rhetan TMT Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Rhetan TMT Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Rhetan TMT Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Rhetan TMT Ltd161,541
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 Rhetan TMT Ltd

Share Price

₹19

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 Rhetan TMT Ltd

No data available

* All values are in crore

Historical Revenue of Rhetan TMT Ltd

No data available

* All values are in crore

Historical EBITDA of Rhetan TMT Ltd

No data available

* All values are in crore

Historical Net Profit of Rhetan TMT Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Rhetan TMT Ltd News Hub

News

Rhetan TMT schedules board meeting

Rhetan TMT will hold a meeting of the Board of Directors of the Company on 9 October 2024....

Read more

03 Oct 202410:29

News

Board of Rhetan TMT decides to explore opportunities for strategic acquisitions

The Board of Rhetan TMT at its meeting held on 20 September 2024 has decided to explore op...

Read more

20 Sep 202410:17

News

Board of Rhetan TMT approves 2 MW solar power project for captive consumption

The Board of Rhetan TMT at its meeting held on 20 September 2024 has approved the establis...

Read more

20 Sep 202410:15

News

Rhetan TMT to hold board meeting

Rhetan TMT will hold a meeting of the Board of Directors of the Company on 20 September 20...

Read more

18 Sep 202411:32

News

Rhetan TMT postpones board meeting

Rhetan TMT has postponed the meeting of the Board of Directors which was scheduled to be h...

Read more

06 Sep 202410:18

News

Rhetan TMT announces board meeting date

Rhetan TMT will hold a meeting of the Board of Directors of the Company on 5 September 202...

Read more

02 Sep 202410:55

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Rhetan TMT Ltd

What is the PB ratio of Rhetan TMT Ltd?

The current PB ratio of Rhetan TMT Ltd is 16.84. 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 Rhetan TMT Ltd stocks?

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

The PB ratio of Rhetan TMT 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 Rhetan TMT Ltd?

A high PB ratio suggests that Rhetan TMT 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 Rhetan TMT Ltd?

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

Can Rhetan TMT Ltd PB Ratio change over time?

Yes, the PB ratio of Rhetan TMT 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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