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PB Ratio of Simplex Castings Ltd

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Simplex Castings Ltd

NSE: SIMPLEXCAS

PB Ratio

4.1

Last updated on: Jan 15, 2025

Key Highlights

  • The latest PB Ratio of Simplex Castings Ltd is 4.1.
  • The PB ratio of the Simplex Castings Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Simplex Castings Ltd changed from 0.3 on March 2020 to 0.2 on March 2021 . This represents a CAGR of -18.35% over 2 years.

Historical P/B Ratio of Simplex Castings Ltd

No data available

Company Fundamentals for Simplex Castings Ltd

Market Cap

189 Cr

EPS

8.9

P/E Ratio (TTM)

29.5

P/B Ratio (TTM)

4.1

Day’s High

271.25

Day’s Low

261.0

DTE

1.5

ROE

15.1

52 Week High

354.9

52 Week Low

65.65

ROCE

15.4

Market Price of Simplex Castings Ltd

1M

1Y

3Y

5Y

Monitoring Simplex Castings 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
15 Jan 2025262.8
14 Jan 2025258.35
13 Jan 2025266.4
10 Jan 2025280.4
09 Jan 2025276.85

SWOT Analysis Of Simplex Castings Ltd

Strength

0

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Simplex Castings Ltd

Asset Value vs Market Value of Simplex Castings Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Simplex Castings Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Simplex Castings Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

PB Ratio of Simplex Castings Ltd Explained

``

189.17

Market cap

64

Book Value per Share

4.1X

PB Ratio

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

FAQs for PB Ratio of Simplex Castings Ltd

What is the PB ratio of Simplex Castings Ltd?

The current PB ratio of Simplex Castings Ltd is 4.08. 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 Simplex Castings Ltd stocks?

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

The PB ratio of Simplex Castings 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 Simplex Castings Ltd?

A high PB ratio suggests that Simplex Castings 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 Simplex Castings Ltd?

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

Can Simplex Castings Ltd PB Ratio change over time?

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

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