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Ritesh International Ltd PB Ratio

Ritesh International Ltd PB Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 13, 2024)

stocks purchased

46.6 K

Stocks Traded

(Nov 13, 2024)

Last Updated on: Nov 14, 2024

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Ritesh International Ltd

NSE: RITESHINTL

PB

1.5

Last updated on: Nov 13, 2024

Key Highlights

  • The P/B Ratio of Ritesh International Ltd is 1.5 as of 13 Nov 24.
  • The P/B Ratio of Ritesh International Ltd changed from 1.6 on March 2022 to 1.1 on March 2024 . This represents a CAGR of -11.74% over 3 years. .

Historical P/B Ratio of Ritesh International Ltd

No data available

Company Fundamentals for Ritesh International Ltd

Market Cap

27 Cr

EPS

0.5

P/E Ratio (TTM) *

63.9

P/B Ratio (TTM) *

1.5

Day’s High *

33.79

Day’s Low

30.59

DTE *

0.3

ROE *

2.2

52 Week High

40.25

52 Week Low

22.41

ROCE *

4.9

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Ritesh International 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
13 Nov 202431.93
12 Nov 202432.19
11 Nov 202430.66
08 Nov 202429.2
07 Nov 202427.81
06 Nov 202426.49
05 Nov 202425.23
04 Nov 202424.03
01 Nov 202424.9
31 Oct 202425.79

SWOT Analysis Of Ritesh International Ltd

Strength

2

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Ritesh International Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Ritesh International Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Ritesh International Ltd127
Pidilite Industries Ltd1691,51,765
SRF Ltd36765,243
Linde India Ltd40257,073
Gujarat Fluorochemicals Ltd55944,494
Deepak Nitrite Ltd21634,106

Key Valuation Metric of Ritesh International Ltd

Share Price

₹32

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 Ritesh International Ltd

No data available

* All values are in crore

Historical Revenue of Ritesh International Ltd

No data available

* All values are in crore

Historical EBITDA of Ritesh International Ltd

No data available

* All values are in crore

Historical Net Profit of Ritesh International Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Ritesh International Ltd News Hub

News

Ritesh International schedules board meeting

Ritesh International will hold a meeting of the Board of Directors of the Company on 5 Nov...

Read more

26 Oct 202415:55

News

Ritesh International schedules AGM

Ritesh International announced that the Annual General Meeting (AGM) of the company will b...

Read more

27 Aug 202416:29

News

Ritesh International announces board meeting date

Ritesh International will hold a meeting of the Board of Directors of the Company on 24 Au...

Read more

22 Aug 202410:50

News

Ritesh International to conduct board meeting

Ritesh International will hold a meeting of the Board of Directors of the Company on 9 Aug...

Read more

03 Aug 202414:36

News

Ritesh International to announce Quarterly Result

Ritesh International will hold a meeting of the Board of Directors of the Company on 30 Ma...

Read more

28 May 202415:39

News

Ritesh International to declare Quarterly Result

Ritesh International will hold a meeting of the Board of Directors of the Company on 13 Fe...

Read more

07 Feb 202413:53

Document

Annual Reports

N/A

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Credit Ratings

N/A

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Concalls

Data not available

FAQs for PB Ratio of Ritesh International Ltd

What is the PB ratio of Ritesh International Ltd?

The current PB ratio of Ritesh International Ltd is 1.46. 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 Ritesh International Ltd stocks?

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

The PB ratio of Ritesh International 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 Ritesh International Ltd?

A high PB ratio suggests that Ritesh International 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 Ritesh International Ltd?

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

Can Ritesh International Ltd PB Ratio change over time?

Yes, the PB ratio of Ritesh International 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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