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Rite Zone Chemcon India Ltd PB Ratio

Rite Zone Chemcon India Ltd PB Ratio

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Last Updated on: Nov 08, 2024

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Rite Zone Chemcon India Ltd

NSE: RITEZONE

PB

1.5

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Rite Zone Chemcon India Ltd is 1.5 as of 07 Nov 24.
  • The P/B Ratio of Rite Zone Chemcon India Ltd changed from 2.2 on March 2023 to 1.2 on March 2024 . This represents a CAGR of -26.15% over 2 years. .

Historical P/B Ratio of Rite Zone Chemcon India Ltd

No data available

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Rite Zone Chemcon 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
07 Nov 202448.95
05 Nov 202447.1
04 Nov 202447.2
31 Oct 202448.3
30 Oct 202447.15
29 Oct 202447
28 Oct 202449.5
25 Oct 202448.35
23 Oct 202453
22 Oct 202454.95

SWOT Analysis Of Rite Zone Chemcon India Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Rite Zone Chemcon India Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Rite Zone Chemcon India Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Rite Zone Chemcon India Ltd

Share Price

₹49

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 Rite Zone Chemcon India Ltd

No data available

* All values are in crore

Historical Revenue of Rite Zone Chemcon India Ltd

No data available

* All values are in crore

Historical EBITDA of Rite Zone Chemcon India Ltd

No data available

* All values are in crore

Historical Net Profit of Rite Zone Chemcon India Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Rite Zone Chemcon India Ltd News Hub

News

Rite Zone Chemcon India to table results

Rite Zone Chemcon India will hold a meeting of the Board of Directors of the Company on 14...

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06 Nov 202412:53

News

Rite Zone Chemcon India schedules AGM

Rite Zone Chemcon India announced that the 9th Annual General Meeting (AGM) of the company...

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04 Sep 202410:54

News

Rite Zone Chemcon India to convene board meeting

Rite Zone Chemcon India will hold a meeting of the Board of Directors of the Company on 2 ...

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27 Aug 202411:54

News

Rite Zone Chemcon India to discuss results

Rite Zone Chemcon India will hold a meeting of the Board of Directors of the Company on 29...

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24 May 202415:17

News

Rite Zone Chemcon India announces board meeting date

Rite Zone Chemcon India will hold a meeting of the Board of Directors of the Company on 10...

Read more

07 Nov 202313:53

News

Rite Zone Chemcon India to conduct AGM

Rite Zone Chemcon India announced that the 8th Annual General Meeting (AGM) of the company...

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05 Sep 202316:20

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Annual Reports

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Concalls

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FAQs for PB Ratio of Rite Zone Chemcon India Ltd

What is the PB ratio of Rite Zone Chemcon India Ltd?

The current PB ratio of Rite Zone Chemcon India 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 Rite Zone Chemcon India Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Rite Zone Chemcon 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 Rite Zone Chemcon India Ltd calculated?

The PB ratio of Rite Zone Chemcon 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 Rite Zone Chemcon India Ltd?

A high PB ratio suggests that Rite Zone Chemcon 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 Rite Zone Chemcon India Ltd?

A low PB ratio of Rite Zone Chemcon India Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Rite Zone Chemcon India Ltd PB Ratio change over time?

Yes, the PB ratio of Rite Zone Chemcon 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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