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PB Ratio of Varun Shipping Company Ltd

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Varun Shipping Company Ltd

NSE: VARUNSHIP

PB Ratio

1.6

Last updated on: Jul 29, 2024

Key Highlights

  • The latest PB Ratio of Varun Shipping Company Ltd is 1.6.
  • The PB ratio of the Varun Shipping Company Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.

PB Ratio

No data available

Company Fundamentals for Varun Shipping Company Ltd

Market Price of Varun Shipping Company Ltd

1M

1Y

3Y

5Y

Monitoring Varun Shipping Company 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 Jul 20159.76
28 Jul 20159.3
27 Jul 20159.47
24 Jul 20159.9
23 Jul 20159.43

SWOT Analysis

Strength

0

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Varun Shipping Company Ltd

Asset Value vs Market Value of Varun Shipping Company Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

PB Ratio of Varun Shipping Company Ltd Explained

No data available

Historical Revenue, EBITDA and Net Profit of Varun Shipping Company Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

* All values are in %

FAQs for PB Ratio of Varun Shipping Company Ltd

What is the PB ratio of Varun Shipping Company Ltd?

The current PB ratio of Varun Shipping Company Ltd is 0.0. 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 Varun Shipping Company Ltd stocks?

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

The PB ratio of Varun Shipping Company 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 Varun Shipping Company Ltd?

A high PB ratio suggests that Varun Shipping Company 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 Varun Shipping Company Ltd?

A low PB ratio of Varun Shipping Company Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Varun Shipping Company Ltd PB Ratio change over time?

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

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