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Sky Gold Ltd PB Ratio

Sky Gold Ltd PB Ratio

stocks purchased

₹ 0.8 Cr

Volume transacted

stocks purchased

3.1 K

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Last Updated time: 18 Sep 9.00 AM

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Sky Gold Ltd

NSE: SKYGOLD

PB

12.2

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Sky Gold Ltd is 12.2 as of 18 Sep 24.
  • The P/B Ratio of Sky Gold Ltd changed from 1.3 on March 2022 to 5.3 on March 2024 . This represents a CAGR of 59.75% over 3 years. .

Historical P/B Ratio of Sky Gold Ltd

No data available

Company Fundamentals for Sky Gold Ltd

Market Cap

3,514 Cr

EPS

37.4

P/E Ratio (TTM) *

68.9

P/B Ratio (TTM) *

12.2

Day’s High *

2605.0

Day’s Low

2537.0

DTE *

1.3

ROE *

16.6

52 Week High

2963.0

52 Week Low

283.0

ROCE *

13.5

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Sky Gold 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 20242573.8
17 Sep 20242588.75
16 Sep 20242618.8
13 Sep 20242739.25
12 Sep 20242755.15
11 Sep 20242660.3
10 Sep 20242679.45
09 Sep 20242740.55
06 Sep 20242769.1
05 Sep 20242840.25

SWOT Analysis Of Sky Gold Ltd

Strength

3

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Sky Gold Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Sky Gold Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Sky Gold Ltd123,514
Titan Company Ltd1623,30,581
Kalyan Jewellers India Ltd4071,877
P N Gadgil Jewellers Ltd8810,461
Senco Gold Ltd1779,790
Rajesh Exports Ltd1708,570

Key Valuation Metric of Sky Gold 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 Sky Gold Ltd

No data available

* All values are in crore

Historical Revenue of Sky Gold Ltd

No data available

* All values are in crore

Historical EBITDA of Sky Gold Ltd

No data available

* All values are in crore

Historical Net Profit of Sky Gold Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Sky Gold Ltd News Hub

News

Sky Gold to hold AGM

Sky Gold announced that the 16th Annual General Meeting (AGM) of the company will be held ...

Read more

11 Sep 202409:18

News

Sky Gold to hold EGM

Sky Gold announced that an Extra Ordinary General Meeting (EGM) of the Company will be hel...

Read more

13 Aug 202414:34

News

Board of Sky Gold approves fund raising up to Rs 270 cr

The Board of Sky Gold at its meeting held on 09 August 2024 has approved proposal for rais...

Read more

09 Aug 202419:05

News

Sky Gold to hold board meeting

Sky Gold will hold a meeting of the Board of Directors of the Company on 9 August 2024. Po...

Read more

08 Aug 202417:24

News

Sky Gold hits record high on acquiring Starmangalsutra & Sparkling Chains

The company has acquired complete stake in Starmangalsutra at Rs 23.98 crore and in Sparkl...

Read more

24 Jun 202409:36

News

Sky Gold acquires entire stake in Starmangalsutra & Sparkling Chains

The company has acquired complete stake in Starmangalsutra at Rs 23.98 crore and in Sparkl...

Read more

22 Jun 202413:31

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FAQs for PB Ratio of Sky Gold Ltd

What is the PB ratio of Sky Gold Ltd?

The current PB ratio of Sky Gold Ltd is 12.17. 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 Sky Gold Ltd stocks?

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

The PB ratio of Sky Gold 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 Sky Gold Ltd?

A high PB ratio suggests that Sky Gold 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 Sky Gold Ltd?

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

Can Sky Gold Ltd PB Ratio change over time?

Yes, the PB ratio of Sky Gold 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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