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Somi Conveyor Beltings Ltd PB Ratio

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Somi Conveyor Beltings Ltd

NSE: SOMICONVEY

PB

2.7

Last updated on: 29 Nov 24

Key Highlights

  • The latest PB Ratio of Somi Conveyor Beltings Ltd is 2.7.
  • The PB ratio of the Somi Conveyor Beltings Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Somi Conveyor Beltings Ltd changed from 0.5 on March 2019 to 2.2 on March 2024 . This represents a CAGR of 28.01% over 6 years.

Historical P/B Ratio of Somi Conveyor Beltings Ltd

No data available

Company Fundamentals for Somi Conveyor Beltings Ltd

Market Cap

202 Cr

EPS

4.9

P/E Ratio (TTM)

35.3

P/B Ratio (TTM)

2.7

Day’s High

172.25

Day’s Low

166.05

DTE

0.2

ROE

7.8

52 Week High

236.2

52 Week Low

85.0

ROCE

10.8

Market Price of Somi Conveyor Beltings Ltd

1M

1Y

3Y

5Y

Monitoring Somi Conveyor Beltings 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
29 Nov 2024172.25
28 Nov 2024166.05
27 Nov 2024164
26 Nov 2024171.65
25 Nov 2024180.65

SWOT Analysis Of Somi Conveyor Beltings Ltd

Strength

0

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Somi Conveyor Beltings Ltd

Asset Value vs Market Value of Somi Conveyor Beltings Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Somi Conveyor Beltings Ltd2.74
Tata Consumer Products Ltd163.2
CCL Products (India) Ltd85.4
Pix Transmission Ltd376.8
Tinna Rubber & Infrastructure Ltd87.7

Historical Market Cap of Somi Conveyor Beltings Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Somi Conveyor Beltings Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Somi Conveyor Beltings Ltd

What is the PB ratio of Somi Conveyor Beltings Ltd?

The current PB ratio of Somi Conveyor Beltings Ltd is 2.74. 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 Somi Conveyor Beltings Ltd stocks?

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

The PB ratio of Somi Conveyor Beltings 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 Somi Conveyor Beltings Ltd?

A high PB ratio suggests that Somi Conveyor Beltings 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 Somi Conveyor Beltings Ltd?

A low PB ratio of Somi Conveyor Beltings Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Somi Conveyor Beltings Ltd PB Ratio change over time?

Yes, the PB ratio of Somi Conveyor Beltings 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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