Home

Shree Cement Ltd PB Ratio

Image

Shree Cement Ltd

NSE: SHREECEM

PB

4.2

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Shree Cement Ltd is 4.2.
  • The PB ratio of the Shree Cement Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Shree Cement Ltd changed from 6.7 on March 2019 to 4.5 on March 2024 . This represents a CAGR of -6.42% over 6 years.

Historical P/B Ratio of Shree Cement Ltd

No data available

Company Fundamentals for Shree Cement Ltd

Market Cap

86,833 Cr

EPS

480.0

P/E Ratio (TTM)

50.1

P/B Ratio (TTM)

4.2

Day’s High

24825.4

Day’s Low

24098.5

DTE

0.1

ROE

8.3

52 Week High

30710.15

52 Week Low

23500.15

ROCE

10.0

Market Price of Shree Cement Ltd

1M

1Y

3Y

5Y

Monitoring Shree Cement 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
21 Nov 202424066.5
19 Nov 202424118.1
18 Nov 202423936.4
14 Nov 202424097.05
13 Nov 202424083.95

SWOT Analysis Of Shree Cement Ltd

Strength

2

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Shree Cement Ltd

Asset Value vs Market Value of Shree Cement Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Shree Cement Ltd4.16
UltraTech Cement Ltd2168.2
Ambuja Cements Ltd192.7
ACC Ltd901.1
Dalmia Bharat Ltd439.1

Historical Market Cap of Shree Cement Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Shree Cement Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Shree Cement Ltd

What is the PB ratio of Shree Cement Ltd?

The current PB ratio of Shree Cement Ltd is 4.16. 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 Shree Cement Ltd stocks?

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

The PB ratio of Shree Cement 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 Shree Cement Ltd?

A high PB ratio suggests that Shree Cement 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 Shree Cement Ltd?

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

Can Shree Cement Ltd PB Ratio change over time?

Yes, the PB ratio of Shree Cement 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.
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*