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Ridings Consulting Engineers India Ltd PB Ratio

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Ridings Consulting Engineers India Ltd

NSE: RIDINGSCONSULT

PB

3.3

Last updated on: 08 Feb 24

Key Highlights

  • The latest PB Ratio of Ridings Consulting Engineers India Ltd is 3.3.
  • The PB ratio of the Ridings Consulting Engineers India Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Ridings Consulting Engineers India Ltd changed from 2 on March 2019 to 5.6 on March 2022 . This represents a CAGR of 29.36% over 4 years.

Historical P/B Ratio of Ridings Consulting Engineers India Ltd

No data available

Company Fundamentals for Ridings Consulting Engineers India Ltd

Market Cap

5 Cr

EPS

0.0

P/E Ratio (TTM)

230.0

P/B Ratio (TTM)

3.3

Day’s High

4.61

Day’s Low

4.6

DTE

6.1

ROE

5.4

52 Week High

5.25

52 Week Low

4.6

ROCE

14.6

Market Price of Ridings Consulting Engineers India Ltd

1M

1Y

3Y

5Y

Monitoring Ridings Consulting Engineers India 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
08 Feb 20244.6
02 Feb 20244.75
01 Feb 20245
07 Dec 20235
23 Oct 20235

SWOT Analysis Of Ridings Consulting Engineers India Ltd

Strength

1

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Ridings Consulting Engineers India Ltd

Asset Value vs Market Value of Ridings Consulting Engineers India Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Ridings Consulting Engineers India Ltd3.29
GMR Airports Infrastructure Ltd45.2
SJVN Ltd37.1
Godrej Agrovet Ltd121.8
Rites Ltd51.6

Historical Market Cap of Ridings Consulting Engineers India Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Ridings Consulting Engineers India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Ridings Consulting Engineers India Ltd

What is the PB ratio of Ridings Consulting Engineers India Ltd?

The current PB ratio of Ridings Consulting Engineers India Ltd is 3.29. 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 Ridings Consulting Engineers India Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Ridings Consulting Engineers India 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 Ridings Consulting Engineers India Ltd calculated?

The PB ratio of Ridings Consulting Engineers India 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 Ridings Consulting Engineers India Ltd?

A high PB ratio suggests that Ridings Consulting Engineers India 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 Ridings Consulting Engineers India Ltd?

A low PB ratio of Ridings Consulting Engineers India Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Ridings Consulting Engineers India Ltd PB Ratio change over time?

Yes, the PB ratio of Ridings Consulting Engineers India 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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