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Veedol Corporation Ltd PB Ratio

Veedol Corporation Ltd PB Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.4 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Veedol Corporation Ltd

NSE: VEEDOL

PB

4.2

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Veedol Corporation Ltd is 4.2 as of 07 Nov 24.
  • The P/B Ratio of Veedol Corporation Ltd changed from 2.6 on March 2022 to 2.9 on March 2024 . This represents a CAGR of 3.71% over 3 years. .

Historical P/B Ratio of Veedol Corporation Ltd

No data available

Company Fundamentals for Veedol Corporation Ltd

Market Cap

3,467 Cr

EPS

85.4

P/E Ratio (TTM) *

23.3

P/B Ratio (TTM) *

4.2

Day’s High *

1996.0

Day’s Low

1958.0

DTE *

0.0

ROE *

17.3

52 Week High

2800.0

52 Week Low

1162.0

ROCE *

22.2

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Veedol Corporation 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 20241989.85
06 Nov 20241995.1
05 Nov 20241903.35
04 Nov 20241903.55
01 Nov 20241971.9
31 Oct 20241938.3
30 Oct 20241943.65
29 Oct 20241867.9
28 Oct 20241839.4
25 Oct 20241826.55

SWOT Analysis Of Veedol Corporation Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

2

T

BlinkX Score for Veedol Corporation Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Veedol Corporation Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Veedol Corporation Ltd43,467
Pidilite Industries Ltd1691,60,445
SRF Ltd36670,370
Linde India Ltd39566,428
Gujarat Fluorochemicals Ltd55047,309
Deepak Nitrite Ltd21438,404

Key Valuation Metric of Veedol Corporation Ltd

Share Price

₹1,960

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 Veedol Corporation Ltd

No data available

* All values are in crore

Historical Revenue of Veedol Corporation Ltd

No data available

* All values are in crore

Historical EBITDA of Veedol Corporation Ltd

No data available

* All values are in crore

Historical Net Profit of Veedol Corporation Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Veedol Corporation Ltd News Hub

News

Veedol Corporation to convene board meeting

Veedol Corporation will hold a meeting of the Board of Directors of the Company on 12 Nove...

Read more

30 Oct 202416:14

News

Tide Water Oil Co (I) renamed Veedol Corporation

Tide Water Oil Co (I) has been renamed Veedol Corporation with effect from 20 September 20...

Read more

20 Sep 202415:55

News

Tide Water Oil Company India to announce Quarterly Result

Tide Water Oil Company India will hold a meeting of the Board of Directors of the Company ...

Read more

12 Aug 202415:56

News

Tide Water Oil Co to be renamed Veedol Corporation

Tide Water Oil Co has decided to change in name of the company to Veedol Corporation. Powe...

Read more

23 Jul 202418:53

News

Tide Water Oil Co. appoints Sourav Ganguly as brand ambassador of Veedol

Veedol, one of India's leading lubricant brands from Tide Water Oil Co. (India), has signe...

Read more

28 Jun 202419:20

News

Tide Water Oil Co receives application for pre-dealing approval

Tide Water Oil Co (I) has received an application for predealing approval, along with nec...

Read more

24 Jun 202410:12

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Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Veedol Corporation Ltd

What is the PB ratio of Veedol Corporation Ltd?

The current PB ratio of Veedol Corporation Ltd is 4.19. 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 Veedol Corporation Ltd stocks?

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

The PB ratio of Veedol Corporation 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 Veedol Corporation Ltd?

A high PB ratio suggests that Veedol Corporation 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 Veedol Corporation Ltd?

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

Can Veedol Corporation Ltd PB Ratio change over time?

Yes, the PB ratio of Veedol Corporation 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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