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Variman Global Enterprises Ltd PB Ratio

Variman Global Enterprises Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

24.4 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Variman Global Enterprises Ltd

NSE: VARIMANGLOBAL

PB

8

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Variman Global Enterprises Ltd is 8 as of 07 Nov 24.
  • The P/B Ratio of Variman Global Enterprises Ltd changed from 172.4 on March 2022 to 16.5 on March 2024 . This represents a CAGR of -54.26% over 3 years. .

Historical P/B Ratio of Variman Global Enterprises Ltd

No data available

Company Fundamentals for Variman Global Enterprises Ltd

Market Cap

261 Cr

EPS

0.1

P/E Ratio (TTM) *

149.4

P/B Ratio (TTM) *

8.0

Day’s High *

13.88

Day’s Low

13.4

DTE *

0.8

ROE *

3.5

52 Week High

34.0

52 Week Low

11.11

ROCE *

7.4

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Variman Global Enterprises 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 202413.45
06 Nov 202413.74
05 Nov 202413.72
04 Nov 202414.3
01 Nov 202415.05
31 Oct 202414.72
30 Oct 202414.43
29 Oct 202414.32
28 Oct 202414.68
25 Oct 202415.36

SWOT Analysis Of Variman Global Enterprises Ltd

Strength

0

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Variman Global Enterprises Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Variman Global Enterprises Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Variman Global Enterprises Ltd8261
Adani Enterprises Ltd1883,42,705
Aegis Logistics Ltd6928,082
Cello World Ltd6519,083
Redington Ltd4815,370
Honasa Consumer Ltd3412,312

Key Valuation Metric of Variman Global Enterprises Ltd

Share Price

₹13

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 Variman Global Enterprises Ltd

No data available

* All values are in crore

Historical Revenue of Variman Global Enterprises Ltd

No data available

* All values are in crore

Historical EBITDA of Variman Global Enterprises Ltd

No data available

* All values are in crore

Historical Net Profit of Variman Global Enterprises Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Variman Global Enterprises Ltd News Hub

News

Variman Global Enterprises to conduct AGM

Variman Global Enterprises announced that the Annual General Meeting (AGM) of the company ...

Read more

13 Sep 202411:47

News

Variman Global Enterprises to hold AGM

Variman Global Enterprises announced that the Annual General Meeting (AGM) of the company ...

Read more

13 Sep 202411:40

News

Variman Global Enterprises postpones board meeting

Variman Global Enterprises has postponed the meeting of the Board of Directors which was s...

Read more

03 Sep 202410:38

News

Variman Global Enterprises postpones board meeting

Variman Global Enterprises has postponed the meeting of the Board of Directors which was s...

Read more

29 Aug 202411:08

News

Variman Global Enterprises to hold board meeting

Variman Global Enterprises will hold a meeting of the Board of Directors of the Company on...

Read more

24 Aug 202410:18

News

Variman Global Enterprises to hold board meeting

Variman Global Enterprises will hold a meeting of the Board of Directors of the Company on...

Read more

10 Aug 202416:44

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Concalls

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FAQs for PB Ratio of Variman Global Enterprises Ltd

What is the PB ratio of Variman Global Enterprises Ltd?

The current PB ratio of Variman Global Enterprises Ltd is 8.03. 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 Variman Global Enterprises Ltd stocks?

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

The PB ratio of Variman Global Enterprises 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 Variman Global Enterprises Ltd?

A high PB ratio suggests that Variman Global Enterprises 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 Variman Global Enterprises Ltd?

A low PB ratio of Variman Global Enterprises Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Variman Global Enterprises Ltd PB Ratio change over time?

Yes, the PB ratio of Variman Global Enterprises 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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