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Sky Industries Ltd PB Ratio

Sky Industries Ltd PB Ratio

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Volume transacted

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10.0 K

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Last Updated time: 18 Sep 9.00 AM

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Sky Industries Ltd

NSE: SKYINDUSTRIES

PB

2.9

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Sky Industries Ltd is 2.9 as of 18 Sep 24.
  • The P/B Ratio of Sky Industries Ltd changed from 1.3 on March 2023 to 1.6 on March 2024 . This represents a CAGR of 10.94% over 2 years. .

Historical P/B Ratio of Sky Industries Ltd

No data available

Company Fundamentals for Sky Industries Ltd

Market Cap

114 Cr

EPS

6.3

P/E Ratio (TTM) *

23.1

P/B Ratio (TTM) *

2.9

Day’s High *

149.5

Day’s Low

141.5

DTE *

0.3

ROE *

10.4

52 Week High

151.9

52 Week Low

55.5

ROCE *

13.0

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Sky 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 2024144.85
17 Sep 2024143.6
16 Sep 2024140.5
13 Sep 2024140.75
12 Sep 2024135.65
11 Sep 2024141.8
10 Sep 2024144.75
09 Sep 2024140.5
06 Sep 2024139.2
05 Sep 2024143.8

BlinkX Score for Sky Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Sky Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Sky Industries Ltd2114
Grasim Industries Ltd7911,83,298
Trident Ltd718,438
Welspun Living Ltd3817,342
LS Industries Ltd016,153
Raymond Lifestyle Ltd38614,282

Key Valuation Metric of Sky 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 Sky Industries Ltd

No data available

* All values are in crore

Historical Revenue of Sky Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Sky Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Sky Industries Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Sky Industries Ltd News Hub

News

Sky Industries to convene board meeting

Sky Industries will hold a meeting of the Board of Directors of the Company on 14 August 2...

Read more

12 Aug 202410:33

News

Sky Industries to convene AGM

Sky Industries announced that the 35th Annual General Meeting (AGM) of the company will be...

Read more

26 Jun 202413:50

News

Board of Sky Industries recommends Final Dividend

Sky Industries announced that the Board of Directors of the Company at its meeting held on...

Read more

21 May 202416:09

News

Sky Industries to discuss results

Sky Industries will hold a meeting of the Board of Directors of the Company on 21 May 2024...

Read more

14 May 202414:17

News

Sky Industries to conduct board meeting

Sky Industries will hold a meeting of the Board of Directors of the Company on 8 February ...

Read more

01 Feb 202411:12

News

Sky Industries to announce Quarterly Result

Sky Industries will hold a meeting of the Board of Directors of the Company on 9 November ...

Read more

04 Nov 202314:31

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FAQs for PB Ratio of Sky Industries Ltd

What is the PB ratio of Sky Industries Ltd?

The current PB ratio of Sky Industries Ltd is 2.87. 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 Industries Ltd stocks?

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

The PB ratio of Sky 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 Sky Industries Ltd?

A high PB ratio suggests that Sky 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 Sky Industries Ltd?

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

Can Sky Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Sky 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.
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