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PB Ratio of Solar Industries India Ltd

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Solar Industries India Ltd

NSE: SOLARINDS

PB Ratio

24.3

Last updated on: Dec 24, 2024

Key Highlights

  • The latest PB Ratio of Solar Industries India Ltd is 24.3.
  • The PB ratio of the Solar Industries India Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Solar Industries India Ltd changed from 7.9 on March 2019 to 24 on March 2024 . This represents a CAGR of 20.35% over 6 years.

Historical P/B Ratio of Solar Industries India Ltd

No data available

Company Fundamentals for Solar Industries India Ltd

Market Cap

92,098 Cr

EPS

111.7

P/E Ratio (TTM)

91.1

P/B Ratio (TTM)

24.3

Day’s High

10220.0

Day’s Low

9630.0

DTE

0.3

ROE

26.6

52 Week High

13300.0

52 Week Low

6275.0

ROCE

30.6

Market Price of Solar Industries India Ltd

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

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SWOT Analysis Of Solar Industries India Ltd

Strength

5

che

Weakness

3

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Solar Industries India Ltd

Asset Value vs Market Value of Solar Industries India Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

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Historical Market Cap of Solar Industries India Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Solar Industries India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 24.27. 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.

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