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PB Ratio of Riddhi Steel & Tube Ltd

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Riddhi Steel & Tube Ltd

NSE: RIDDHISTEEL

PB Ratio

1.8

Last updated on: Jan 06, 2025

Key Highlights

  • The latest PB Ratio of Riddhi Steel & Tube Ltd is 1.8.
  • The PB ratio of the Riddhi Steel & Tube Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Riddhi Steel & Tube Ltd changed from 0.1 on March 2020 to 0.6 on March 2024 . This represents a CAGR of 43.10% over 5 years.

Historical P/B Ratio of Riddhi Steel & Tube Ltd

No data available

Company Fundamentals for Riddhi Steel & Tube Ltd

Market Price of Riddhi Steel & Tube Ltd

1M

1Y

3Y

5Y

Monitoring Riddhi Steel & Tube 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
06 Jan 2025125
03 Jan 2025122
31 Dec 2024127.7
20 Dec 2024134.25
02 Dec 2024141.3

SWOT Analysis Of Riddhi Steel & Tube Ltd

Strength

0

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Riddhi Steel & Tube Ltd

Asset Value vs Market Value of Riddhi Steel & Tube Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

PB Ratio of Riddhi Steel & Tube Ltd Explained

No data available

Historical Revenue, EBITDA and Net Profit of Riddhi Steel & Tube Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

* All values are in %

Historical Market Cap of Riddhi Steel & Tube Ltd

X

FAQs for PB Ratio of Riddhi Steel & Tube Ltd

What is the PB ratio of Riddhi Steel & Tube Ltd?

The current PB ratio of Riddhi Steel & Tube 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 Riddhi Steel & Tube Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Riddhi Steel & Tube 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 Riddhi Steel & Tube Ltd calculated?

The PB ratio of Riddhi Steel & Tube 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 Riddhi Steel & Tube Ltd?

A high PB ratio suggests that Riddhi Steel & Tube 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 Riddhi Steel & Tube Ltd?

A low PB ratio of Riddhi Steel & Tube Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Riddhi Steel & Tube Ltd PB Ratio change over time?

Yes, the PB ratio of Riddhi Steel & Tube Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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