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Shrenik Ltd PB Ratio

Shrenik Ltd PB Ratio

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Last Updated time: 18 Sep 9.00 AM

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Shrenik Ltd

NSE: SHRENIK

PB

0

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Shrenik Ltd is 0 as of 18 Sep 24.
  • The P/B Ratio of Shrenik Ltd changed from 2.5 on March 2022 to -0.3 on March 2024 . This represents a CAGR of NaN% over 3 years. .

Historical P/B Ratio of Shrenik Ltd

No data available

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Shrenik 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 20240.87
17 Sep 20240.86
16 Sep 20240.85
13 Sep 20240.84
12 Sep 20240.83
11 Sep 20240.82
10 Sep 20240.81
09 Sep 20240.83
06 Sep 20240.85
05 Sep 20240.87

BlinkX Score for Shrenik Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Shrenik Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Shrenik Ltd053
Adani Enterprises Ltd1463,36,768
Aegis Logistics Ltd6727,073
Cello World Ltd6519,436
Honasa Consumer Ltd3415,275
Redington Ltd4614,908

Key Valuation Metric of Shrenik 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 Shrenik Ltd

No data available

* All values are in crore

Historical Revenue of Shrenik Ltd

No data available

* All values are in crore

Historical EBITDA of Shrenik Ltd

No data available

* All values are in crore

Historical Net Profit of Shrenik Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Shrenik Ltd News Hub

News

Shrenik to convene AGM

Shrenik announced that the 12th Annual General Meeting (AGM) of the company will be held o...

Read more

05 Sep 202410:05

News

Shrenik to table results

Shrenik will hold a meeting of the Board of Directors of the Company on 18 July 2024. Powe...

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12 Jul 202414:20

News

Shrenik to table results

Shrenik will hold a meeting of the Board of Directors of the Company on 18 April 2024. Pow...

Read more

13 Apr 202411:46

News

Shrenik to conduct EGM

Shrenik announced that an Extra Ordinary General Meeting (EGM) of the Company will be held...

Read more

11 Apr 202416:18

News

Shrenik to convene board meeting

Shrenik will hold a meeting of the Board of Directors of the Company on 8 January 2024. Po...

Read more

02 Jan 202410:47

News

Shrenik announces board meeting date

Shrenik will hold a meeting of the Board of Directors of the Company on 19 October 2023. P...

Read more

13 Oct 202317:23

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FAQs for PB Ratio of Shrenik Ltd

What is the PB ratio of Shrenik Ltd?

The current PB ratio of Shrenik Ltd is 0.0. 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 Shrenik Ltd stocks?

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

The PB ratio of Shrenik 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 Shrenik Ltd?

A high PB ratio suggests that Shrenik 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 Shrenik Ltd?

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

Can Shrenik Ltd PB Ratio change over time?

Yes, the PB ratio of Shrenik 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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