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PB Ratio of Salem Erode Investments Ltd

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Salem Erode Investments Ltd

NSE: SALEMERODEINV

PB Ratio

2.6

Last updated on: Dec 27, 2024

Key Highlights

  • The latest PB Ratio of Salem Erode Investments Ltd is 2.6.
  • The PB ratio of the Salem Erode Investments Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Salem Erode Investments Ltd changed from 0.1 on March 2020 to 2.1 on March 2024 . This represents a CAGR of 83.84% over 5 years.

Historical P/B Ratio of Salem Erode Investments Ltd

No data available

Company Fundamentals for Salem Erode Investments Ltd

Market Cap

57 Cr

EPS

0.0

P/E Ratio (TTM)

0.0

P/B Ratio (TTM)

2.6

Day’s High

50.01

Day’s Low

48.5

DTE

0.8

ROE

-7.6

52 Week High

82.78

52 Week Low

39.45

ROCE

-0.4

Market Price of Salem Erode Investments Ltd

1M

1Y

3Y

5Y

Monitoring Salem Erode Investments 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
27 Dec 202449.84
26 Dec 202450.09
24 Dec 202451.88
23 Dec 202452.45
20 Dec 202449.49

SWOT Analysis

Strength

0

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Salem Erode Investments Ltd

Asset Value vs Market Value of Salem Erode Investments Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Salem Erode Investments Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Salem Erode Investments Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Salem Erode Investments Ltd

What is the PB ratio of Salem Erode Investments Ltd?

The current PB ratio of Salem Erode Investments Ltd is 2.6. 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 Salem Erode Investments Ltd stocks?

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

The PB ratio of Salem Erode Investments 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 Salem Erode Investments Ltd?

A high PB ratio suggests that Salem Erode Investments 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 Salem Erode Investments Ltd?

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

Can Salem Erode Investments Ltd PB Ratio change over time?

Yes, the PB ratio of Salem Erode Investments Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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