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PB Ratio of Vardhman Textiles Ltd

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Vardhman Textiles Ltd

NSE: VTL

PB Ratio

1.6

Last updated on: Dec 20, 2024

Key Highlights

  • The latest PB Ratio of Vardhman Textiles Ltd is 1.6.
  • The PB ratio of the Vardhman Textiles Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Vardhman Textiles Ltd changed from 1.1 on March 2019 to 1.4 on March 2024 . This represents a CAGR of 4.10% over 6 years.

Historical P/B Ratio of Vardhman Textiles Ltd

No data available

Company Fundamentals for Vardhman Textiles Ltd

Market Cap

15,180 Cr

EPS

27.5

P/E Ratio (TTM)

19.1

P/B Ratio (TTM)

1.6

Day’s High

549.3

Day’s Low

522.3

DTE

0.1

ROE

8.4

52 Week High

592.25

52 Week Low

375.0

ROCE

11.2

Market Price of Vardhman Textiles Ltd

1M

1Y

3Y

5Y

Monitoring Vardhman Textiles 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
20 Dec 2024524.95
19 Dec 2024543.6
18 Dec 2024544.95
17 Dec 2024555.4
16 Dec 2024557.95

SWOT Analysis Of Vardhman Textiles Ltd

Strength

4

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Vardhman Textiles Ltd

Asset Value vs Market Value of Vardhman Textiles Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Vardhman Textiles Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Vardhman Textiles Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Vardhman Textiles Ltd

What is the PB ratio of Vardhman Textiles Ltd?

The current PB ratio of Vardhman Textiles Ltd is 1.61. 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 Vardhman Textiles Ltd stocks?

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

The PB ratio of Vardhman Textiles 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 Vardhman Textiles Ltd?

A high PB ratio suggests that Vardhman Textiles 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 Vardhman Textiles Ltd?

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

Can Vardhman Textiles Ltd PB Ratio change over time?

Yes, the PB ratio of Vardhman Textiles Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
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