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Solar Industries India Ltd PB Ratio

Solar Industries India Ltd PB Ratio

stocks purchased

₹ 0.3 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.3 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Solar Industries India Ltd

NSE: SOLARINDS

PB

28

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Solar Industries India Ltd is 28 as of 07 Nov 24.
  • The P/B Ratio of Solar Industries India Ltd changed from 13.3 on March 2022 to 24 on March 2024 . This represents a CAGR of 21.75% over 3 years. .

Historical P/B Ratio of Solar Industries India Ltd

No data available

Company Fundamentals for Solar Industries India Ltd

Market Cap

92,472 Cr

EPS

102.2

P/E Ratio (TTM) *

100.0

P/B Ratio (TTM) *

28.0

Day’s High *

10299.95

Day’s Low

10140.95

DTE *

0.3

ROE *

25.3

52 Week High

13300.0

52 Week Low

5910.0

ROCE *

28.6

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Solar Industries India 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
07 Nov 202410219.05
06 Nov 202410221.75
05 Nov 202410008.9
04 Nov 20249892
01 Nov 202410398.55
31 Oct 202410223.8
30 Oct 202410526.05
29 Oct 202410354.15
28 Oct 202410327.3
25 Oct 202410452

SWOT Analysis Of Solar Industries India Ltd

Strength

5

S

Weakness

3

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Solar Industries India Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Solar Industries India Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Solar Industries India Ltd

Share Price

₹10,203

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

Historical Market Cap of Solar Industries India Ltd

No data available

* All values are in crore

Historical Revenue of Solar Industries India Ltd

No data available

* All values are in crore

Historical EBITDA of Solar Industries India Ltd

No data available

* All values are in crore

Historical Net Profit of Solar Industries India Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Solar Industries India Ltd News Hub

News

Solar Industries India wins order of Rs 887 cr

Solar Industries India has received an order worth Rs. 887 crore from Singareni Collieries...

Read more

05 Nov 202412:48

News

Solar Inds bags explosives supply contract from Singareni Collieries Co

The project has to be executed within a period of two years. Solar Industries India (SIIL)...

Read more

05 Nov 202411:38

News

Solar Industries India wins export orders of Rs 399 cr

Solar Industries India has received export orders worth Rs 399.4 crore for supply of defen...

Read more

04 Nov 202418:51

News

Solar Industries India to hold board meeting

Solar Industries India will hold a meeting of the Board of Directors of the Company on 6 A...

Read more

31 Jul 202412:40

News

Solar Industries India AGM scheduled

Solar Industries India announced that the 29th Annual General Meeting(AGM) of the company ...

Read more

18 May 202411:04

News

Board of Solar Industries India recommends Final Dividend

Solar Industries India announced that the Board of Directors of the Company at its meeting...

Read more

16 May 202417:51

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FAQs for PB Ratio of Solar Industries India Ltd

What is the PB ratio of Solar Industries India Ltd?

The current PB ratio of Solar Industries India Ltd is 27.97. 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 Solar Industries India Ltd stocks?

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

The PB ratio of Solar Industries India 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 Solar Industries India Ltd?

A high PB ratio suggests that Solar Industries India 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 Solar Industries India Ltd?

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

Can Solar Industries India Ltd PB Ratio change over time?

Yes, the PB ratio of Solar Industries India 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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