HomeInsightsPB

Shricon Industries Ltd PB Ratio

Shricon Industries Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume transacted

stocks purchased

0.1 K

stocks traded

Last Updated time: 18 Sep 9.00 AM

Image

Shricon Industries Ltd

NSE: SHRICONINDUS

PB

6.3

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Shricon Industries Ltd is 6.3 as of 18 Sep 24.
  • The P/B Ratio of Shricon Industries Ltd changed from 1.1 on March 2022 to 3.5 on March 2024 . This represents a CAGR of 78.38% over 2 years. .

Historical P/B Ratio of Shricon Industries Ltd

No data available

Company Fundamentals for Shricon Industries Ltd

Market Cap

27 Cr

EPS

3.5

P/E Ratio (TTM) *

62.9

P/B Ratio (TTM) *

6.3

Day’s High *

220.0

Day’s Low

218.7

DTE *

0.0

ROE *

20.1

52 Week High

310.6

52 Week Low

43.18

ROCE *

21.1

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Shricon Industries 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 2024220
17 Sep 2024222.5
16 Sep 2024227
13 Sep 2024231.1
12 Sep 2024230.3
11 Sep 2024234.55
10 Sep 2024239.3
09 Sep 2024239.3
06 Sep 2024244.15
05 Sep 2024249.1

SWOT Analysis Of Shricon Industries Ltd

Strength

0

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Shricon Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Shricon Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Shricon Industries 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 Shricon Industries Ltd

No data available

* All values are in crore

Historical Revenue of Shricon Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Shricon Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Shricon Industries Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Shricon Industries Ltd News Hub

News

Shricon Industries to hold board meeting

Shricon Industries will hold a meeting of the Board of Directors of the Company on 9 Augus...

Read more

02 Aug 202417:26

News

Shricon Industries to hold AGM

Shricon Industries announced that the Annual General Meeting (AGM) of the company will be ...

Read more

03 Jun 202417:26

News

Shricon Industries to conduct board meeting

Shricon Industries will hold a meeting of the Board of Directors of the Company on 29 May ...

Read more

22 May 202417:47

News

Shricon Industries to table results

Shricon Industries will hold a meeting of the Board of Directors of the Company on 9 Febru...

Read more

02 Feb 202412:23

News

Shricon Industries to hold board meeting

Shricon Industries will hold a meeting of the Board of Directors of the Company on 7 Novem...

Read more

01 Nov 202317:12

News

Shricon Industries to convene board meeting

Shricon Industries will hold a meeting of the Board of Directors of the Company on 10 Augu...

Read more

07 Aug 202320:03

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

FAQs for PB Ratio of Shricon Industries Ltd

What is the PB ratio of Shricon Industries Ltd?

The current PB ratio of Shricon Industries Ltd is 6.3. 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 Shricon Industries Ltd stocks?

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

The PB ratio of Shricon Industries 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 Shricon Industries Ltd?

A high PB ratio suggests that Shricon Industries 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 Shricon Industries Ltd?

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

Can Shricon Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Shricon Industries 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.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*