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PB Ratio of Rita Finance And Leasing Ltd

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Rita Finance and Leasing Ltd

NSE: RITAFINANCEAND

PB Ratio

1.5

Last updated on: Apr 11, 2025

Key Highlights

  • The latest PB Ratio of Rita Finance and Leasing Ltd is 1.5.
  • The PB ratio of the Rita Finance and Leasing Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Rita Finance and Leasing Ltd changed from 1.8 on March 2023 to 1.3 on March 2024 . This represents a CAGR of -15.02% over 2 years.

Historical P/B Ratio of Rita Finance and Leasing Ltd

No data available

Company Fundamentals for Rita Finance and Leasing Ltd

Market Cap

24 Cr

EPS

0.1

P/E Ratio (TTM)

185.9

P/B Ratio (TTM)

1.5

Day’s High

24.5

Day’s Low

23.4

DTE

0.1

ROE

1.7

52 Week High

24.6

52 Week Low

14.7

ROCE

2.7

Market Price of Rita Finance and Leasing Ltd

1M

1Y

3Y

5Y

Monitoring Rita Finance and Leasing 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
11 Apr 202524.17
09 Apr 202524
08 Apr 202523.6
07 Apr 202523.05
04 Apr 202523.04
03 Apr 202522.07
02 Apr 202521.23
01 Apr 202520.48
28 Mar 202519.51
27 Mar 202519.37

SWOT Analysis

Strength

0

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Rita Finance and Leasing Ltd

Asset Value vs Market Value of Rita Finance and Leasing Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

PB Ratio of Rita Finance and Leasing Ltd Explained

24.17

Market cap

16

Book Value per Share

1.5X

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 Rita Finance and Leasing Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Rita Finance and Leasing Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Rita Finance and Leasing Ltd News Hub

Rita Finance & Leasing AGM scheduled

Rita Finance & Leasing announced that the Annual General Meeting (AGM) of the company will be held o

Read more

14 Sept 24

Rita Finance & Leasing announces board meeting date

Rita Finance & Leasing will hold a meeting of the Board of Directors of the Company on 14 October 20

Read more

05 Oct 24

Rita Finance and Leasing standalone net profit declines 69.57% in the September 2024 quarter

Net profit of Rita Finance and Leasing declined 69.57% to Rs 0.07 crore in the quarter ended Septemb

Read more

15 Oct 24

Rita Finance & Leasing to convene board meeting

Rita Finance & Leasing will hold a meeting of the Board of Directors of the Company on 11 January 20

Read more

06 Jan 25

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Rita Finance and Leasing Ltd

What is the PB ratio of Rita Finance and Leasing Ltd?

The current PB ratio of Rita Finance and Leasing Ltd is 1.52. 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 Rita Finance and Leasing Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Rita Finance and Leasing 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 Rita Finance and Leasing Ltd calculated?

The PB ratio of Rita Finance and Leasing 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 Rita Finance and Leasing Ltd?

A high PB ratio suggests that Rita Finance and Leasing 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 Rita Finance and Leasing Ltd?

A low PB ratio of Rita Finance and Leasing Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Rita Finance and Leasing Ltd PB Ratio change over time?

Yes, the PB ratio of Rita Finance and Leasing 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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