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PB Ratio of Shree Ganesh Elastoplast Ltd

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Shree Ganesh Elastoplast Ltd

NSE: SHGANESHELAS

PB Ratio

2.6

Last updated on: Dec 12, 2024

Key Highlights

  • The latest PB Ratio of Shree Ganesh Elastoplast Ltd is 2.6.
  • The PB ratio of the Shree Ganesh Elastoplast 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 Ganesh Elastoplast Ltd changed from 1.2 on March 2021 to 2.1 on March 2024 . This represents a CAGR of 15.02% over 4 years.

Historical P/B Ratio of Shree Ganesh Elastoplast Ltd

No data available

Company Fundamentals for Shree Ganesh Elastoplast Ltd

Market Cap

18 Cr

EPS

3.6

P/E Ratio (TTM)

9.2

P/B Ratio (TTM)

2.6

Day’s High

33.2

Day’s Low

33.0

DTE

0.1

ROE

28.0

52 Week High

38.76

52 Week Low

16.03

ROCE

32.4

Market Price of Shree Ganesh Elastoplast Ltd

1M

1Y

3Y

5Y

Monitoring Shree Ganesh Elastoplast 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
12 Dec 202433
11 Dec 202433.25
10 Dec 202433.25
09 Dec 202435
06 Dec 202436.4

SWOT Analysis

Strength

0

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Shree Ganesh Elastoplast Ltd

Asset Value vs Market Value of Shree Ganesh Elastoplast Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Shree Ganesh Elastoplast Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Shree Ganesh Elastoplast Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Shree Ganesh Elastoplast Ltd

What is the PB ratio of Shree Ganesh Elastoplast Ltd?

The current PB ratio of Shree Ganesh Elastoplast Ltd is 2.58. 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 Ganesh Elastoplast Ltd stocks?

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

The PB ratio of Shree Ganesh Elastoplast 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 Ganesh Elastoplast Ltd?

A high PB ratio suggests that Shree Ganesh Elastoplast 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 Ganesh Elastoplast Ltd?

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

Can Shree Ganesh Elastoplast Ltd PB Ratio change over time?

Yes, the PB ratio of Shree Ganesh Elastoplast 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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