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Solitaire Machine Tools Ltd PB Ratio

Solitaire Machine Tools Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

3.0 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Solitaire Machine Tools Ltd

NSE: SOLITAIREMACH

PB

2.5

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Solitaire Machine Tools Ltd is 2.5 as of 07 Nov 24.
  • The P/B Ratio of Solitaire Machine Tools Ltd changed from 1.2 on March 2022 to 1.5 on March 2024 . This represents a CAGR of 7.72% over 3 years. .

Historical P/B Ratio of Solitaire Machine Tools Ltd

No data available

Company Fundamentals for Solitaire Machine Tools Ltd

Market Cap

44 Cr

EPS

4.1

P/E Ratio (TTM) *

24.2

P/B Ratio (TTM) *

2.5

Day’s High *

102.44

Day’s Low

98.5

DTE *

0.1

ROE *

10.0

52 Week High

122.7

52 Week Low

54.55

ROCE *

12.4

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Solitaire Machine Tools 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 202498.95
06 Nov 2024100.62
05 Nov 2024102.6
04 Nov 2024100.8
01 Nov 202499.36
31 Oct 202498.75
30 Oct 2024100.6
29 Oct 2024104.85
28 Oct 2024102.55
25 Oct 202497.7

SWOT Analysis Of Solitaire Machine Tools Ltd

Strength

3

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Solitaire Machine Tools Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Solitaire Machine Tools Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Solitaire Machine Tools Ltd

Share Price

₹99

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 Solitaire Machine Tools Ltd

No data available

* All values are in crore

Historical Revenue of Solitaire Machine Tools Ltd

No data available

* All values are in crore

Historical EBITDA of Solitaire Machine Tools Ltd

No data available

* All values are in crore

Historical Net Profit of Solitaire Machine Tools Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Solitaire Machine Tools Ltd News Hub

News

Solitaire Machine Tools announces board meeting date

Solitaire Machine Tools will hold a meeting of the Board of Directors of the Company on 14...

Read more

29 Oct 202416:49

News

Solitaire Machine Tools announces board meeting date

Solitaire Machine Tools will hold a meeting of the Board of Directors of the Company on 14...

Read more

07 Aug 202413:53

News

Board of Solitaire Machine Tools recommends final dividend

Solitaire Machine Tools announced that the Board of Directors of the Company at its meetin...

Read more

25 May 202415:16

News

Solitaire Machine Tools AGM scheduled

Solitaire Machine Tools announced that the 32th Annual General Meeting (AGM) of the compan...

Read more

25 May 202415:16

News

Solitaire Machine Tools to conduct board meeting

Solitaire Machine Tools will hold a meeting of the Board of Directors of the Company on 25...

Read more

16 May 202416:56

News

Solitaire Machine Tools to convene board meeting

Solitaire Machine Tools will hold a meeting of the Board of Directors of the Company on 8 ...

Read more

30 Jan 202415:38

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Annual Reports

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Concalls

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FAQs for PB Ratio of Solitaire Machine Tools Ltd

What is the PB ratio of Solitaire Machine Tools Ltd?

The current PB ratio of Solitaire Machine Tools Ltd is 2.49. 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 Solitaire Machine Tools Ltd stocks?

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

The PB ratio of Solitaire Machine Tools 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 Solitaire Machine Tools Ltd?

A high PB ratio suggests that Solitaire Machine Tools 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 Solitaire Machine Tools Ltd?

A low PB ratio of Solitaire Machine Tools Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Solitaire Machine Tools Ltd PB Ratio change over time?

Yes, the PB ratio of Solitaire Machine Tools 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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