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Rites Ltd PB Ratio

Rites Ltd PB Ratio

stocks purchased

₹ 16.6 Cr

Volume transacted

stocks purchased

244.4 K

stocks traded

Last Updated time: 18 Sep 9.00 AM

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Rites Ltd

NSE: RITES

PB

6.3

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Rites Ltd is 6.3 as of 18 Sep 24.
  • The P/B Ratio of Rites Ltd changed from 2.5 on March 2022 to 6.1 on March 2024 . This represents a CAGR of 34.63% over 3 years. .

Historical P/B Ratio of Rites Ltd

No data available

Company Fundamentals for Rites Ltd

Market Cap

16,350 Cr

EPS

17.7

P/E Ratio (TTM) *

40.1

P/B Ratio (TTM) *

6.6

Day’s High *

715.25

Day’s Low

594.0

DTE *

0.0

ROE *

17.5

52 Week High

826.15

52 Week Low

432.65

ROCE *

24.1

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Rites Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 2024680.4
17 Sep 2024711.35
16 Sep 2024711.25
13 Sep 2024695.5
12 Sep 2024681.4
11 Sep 2024680.2
10 Sep 2024679.75
09 Sep 2024672.75
06 Sep 2024662.1
05 Sep 2024664.45

SWOT Analysis Of Rites Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Rites Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Rites Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Rites Ltd

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 Rites Ltd

No data available

* All values are in crore

Historical Revenue of Rites Ltd

No data available

* All values are in crore

Historical EBITDA of Rites Ltd

No data available

* All values are in crore

Historical Net Profit of Rites Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Rites Ltd News Hub

News

RITES emerges lowest bidder for Rs 60 cr UP State Bridge Corporation project

RITES is the lowest bidder (L-1) in the tender floated by UP State Bridge Corporation for ...

Read more

06 Sep 202409:31

News

Rites emerges as L-1 bidder for Rs 60-cr project

The project entails the consultancy services for construction of civil works for supervisi...

Read more

06 Sep 202410:10

News

Rites to collaborate with NBCC (India) for execution of new-age projects

Rites and NBCC (India) have signed a Memorandum of Understanding (MoU) to explore and unde...

Read more

04 Sep 202416:21

News

Rites inks MoU with NBCC

Rites inked pact with NBCC to explore and undertake a comprehensive range of consultancy, ...

Read more

04 Sep 202414:52

News

RITES to hold AGM

RITES announced that the Annual General Meeting (AGM) of the company will be held on 12 Se...

Read more

20 Aug 202416:12

News

RITES AGM scheduled

RITES announced that the Annual General Meeting (AGM) of the company will be held on 12 Se...

Read more

20 Aug 202410:47

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July 2021

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June 2021

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Dec 2020

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Nov 2020

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Aug 2020

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June 2020

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Mar 2020

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Feb 2020

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FAQs for PB Ratio of Rites Ltd

What is the PB ratio of Rites Ltd?

The current PB ratio of Rites Ltd is 6.55. 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 Rites Ltd stocks?

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

The PB ratio of Rites 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 Rites Ltd?

A high PB ratio suggests that Rites 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 Rites Ltd?

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

Can Rites Ltd PB Ratio change over time?

Yes, the PB ratio of Rites 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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