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Sovereign Diamonds Ltd PB Ratio

Sovereign Diamonds Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

3.9 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Sovereign Diamonds Ltd

NSE: SOVERDIAMONDS

PB

1.4

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Sovereign Diamonds Ltd is 1.4 as of 07 Nov 24.
  • The P/B Ratio of Sovereign Diamonds Ltd changed from 0.6 on March 2022 to 0.9 on March 2024 . This represents a CAGR of 14.47% over 3 years. .

Historical P/B Ratio of Sovereign Diamonds Ltd

No data available

Company Fundamentals for Sovereign Diamonds Ltd

Market Cap

23 Cr

EPS

1.7

P/E Ratio (TTM) *

23.4

P/B Ratio (TTM) *

1.4

Day’s High *

40.8

Day’s Low

40.78

DTE *

0.7

ROE *

8.2

52 Week High

60.29

52 Week Low

23.01

ROCE *

10.5

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Sovereign Diamonds 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 202440.78
06 Nov 202441.61
05 Nov 202442.45
04 Nov 202443.27
31 Oct 202444.15
30 Oct 202445.05
29 Oct 202445.96
28 Oct 202446.89
25 Oct 202447.84
24 Oct 202448.81

SWOT Analysis Of Sovereign Diamonds Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Sovereign Diamonds Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Sovereign Diamonds Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Sovereign Diamonds Ltd

Share Price

₹41

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 Sovereign Diamonds Ltd

No data available

* All values are in crore

Historical Revenue of Sovereign Diamonds Ltd

No data available

* All values are in crore

Historical EBITDA of Sovereign Diamonds Ltd

No data available

* All values are in crore

Historical Net Profit of Sovereign Diamonds Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Sovereign Diamonds Ltd News Hub

News

Sovereign Diamonds to conduct AGM

Sovereign Diamonds announced that the Annual General Meeting (AGM) of the company will be ...

Read more

16 Sep 202410:36

News

Sovereign Diamonds AGM scheduled

Sovereign Diamonds announced that the Annual General Meeting (AGM) of the company will be ...

Read more

14 Sep 202417:30

News

Sovereign Diamonds to declare Quarterly Result

Sovereign Diamonds will hold a meeting of the Board of Directors of the Company on 14 Augu...

Read more

10 Aug 202411:10

News

Sovereign Diamonds to hold board meeting

Sovereign Diamonds will hold a meeting of the Board of Directors of the Company on 30 May ...

Read more

24 May 202416:35

News

Sovereign Diamonds to declare Quarterly Result

Sovereign Diamonds will hold a meeting of the Board of Directors of the Company on 14 Febr...

Read more

03 Feb 202420:04

News

Sovereign Diamonds schedules board meeting

Sovereign Diamonds will hold a meeting of the Board of Directors of the Company on 10 Nove...

Read more

06 Nov 202315:20

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Concalls

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FAQs for PB Ratio of Sovereign Diamonds Ltd

What is the PB ratio of Sovereign Diamonds Ltd?

The current PB ratio of Sovereign Diamonds Ltd is 1.4. 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 Sovereign Diamonds Ltd stocks?

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

The PB ratio of Sovereign Diamonds 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 Sovereign Diamonds Ltd?

A high PB ratio suggests that Sovereign Diamonds 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 Sovereign Diamonds Ltd?

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

Can Sovereign Diamonds Ltd PB Ratio change over time?

Yes, the PB ratio of Sovereign Diamonds 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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