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Ritco Logistics Ltd PB Ratio

Ritco Logistics Ltd PB Ratio

stocks purchased

₹ 0.4 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

11.2 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Ritco Logistics Ltd

NSE: RITCO

PB

4

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Ritco Logistics Ltd is 4 as of 07 Nov 24.
  • The P/B Ratio of Ritco Logistics Ltd changed from 2.5 on March 2023 to 2.9 on March 2024 . This represents a CAGR of 7.70% over 2 years. .

Historical P/B Ratio of Ritco Logistics Ltd

No data available

Company Fundamentals for Ritco Logistics Ltd

Market Cap

1,128 Cr

EPS

12.2

P/E Ratio (TTM) *

32.6

P/B Ratio (TTM) *

4.0

Day’s High *

408.5

Day’s Low

395.6

DTE *

1.4

ROE *

18.0

52 Week High

409.4

52 Week Low

190.3

ROCE *

15.0

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Ritco Logistics 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 2024398.45
06 Nov 2024395.9
05 Nov 2024391.4
04 Nov 2024385.35
01 Nov 2024399.25
31 Oct 2024391.5
30 Oct 2024378.7
29 Oct 2024364.5
28 Oct 2024366.2
25 Oct 2024356.75

SWOT Analysis Of Ritco Logistics Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Ritco Logistics Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Ritco Logistics Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Ritco Logistics Ltd

Share Price

₹398

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 Ritco Logistics Ltd

No data available

* All values are in crore

Historical Revenue of Ritco Logistics Ltd

No data available

* All values are in crore

Historical EBITDA of Ritco Logistics Ltd

No data available

* All values are in crore

Historical Net Profit of Ritco Logistics Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Ritco Logistics Ltd News Hub

News

Ritco Logistics to conduct AGM

Ritco Logistics announced that the Annual General Meeting (AGM) of the company will be hel...

Read more

16 Sep 202410:33

News

Ritco Logistics schedules AGM

Ritco Logistics announced that the Annual General Meeting (AGM) of the company will be hel...

Read more

14 Sep 202417:35

News

Ritco Logistics to conduct board meeting

Ritco Logistics will hold a meeting of the Board of Directors of the Company on 4 Septembe...

Read more

02 Sep 202410:52

News

Ritco Logistics to discuss results

Ritco Logistics will hold a meeting of the Board of Directors of the Company on 6 August 2...

Read more

30 Jul 202417:10

News

Ritco Logistics EGM scheduled

Ritco Logistics announced that an Extra Ordinary General Meeting (EGM) of the Company will...

Read more

26 Jun 202417:20

News

Ritco Logistics to hold board meeting

Ritco Logistics will hold a meeting of the Board of Directors of the Company on 25 June 20...

Read more

20 Jun 202416:56

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Annual Reports

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Concalls

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FAQs for PB Ratio of Ritco Logistics Ltd

What is the PB ratio of Ritco Logistics Ltd?

The current PB ratio of Ritco Logistics Ltd is 4.01. 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 Ritco Logistics Ltd stocks?

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

The PB ratio of Ritco Logistics 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 Ritco Logistics Ltd?

A high PB ratio suggests that Ritco Logistics 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 Ritco Logistics Ltd?

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

Can Ritco Logistics Ltd PB Ratio change over time?

Yes, the PB ratio of Ritco Logistics 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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