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Veefin Solutions Ltd PB Ratio

Veefin Solutions Ltd PB Ratio

stocks purchased

₹ 0.9 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

14.4 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Veefin Solutions Ltd

NSE: VEEFIN

PB

12.1

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Veefin Solutions Ltd is 12.1 as of 07 Nov 24.
  • The P/B Ratio of Veefin Solutions Ltd changed from 5.7 on March 2024 to 5.7 on March 2024 . This represents a CAGR of 0.00% over 1 years. .

Historical P/B Ratio of Veefin Solutions Ltd

No data available

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Veefin Solutions 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 2024653.95
06 Nov 2024634.45
05 Nov 2024604.25
04 Nov 2024575.55
01 Nov 2024585.95
31 Oct 2024598.5
30 Oct 2024619.95
29 Oct 2024590.45
28 Oct 2024567.75
25 Oct 2024542.7

SWOT Analysis Of Veefin Solutions Ltd

Strength

0

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Veefin Solutions Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Veefin Solutions Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Veefin Solutions Ltd

Share Price

₹659

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 Veefin Solutions Ltd

No data available

* All values are in crore

Historical Revenue of Veefin Solutions Ltd

No data available

* All values are in crore

Historical EBITDA of Veefin Solutions Ltd

No data available

* All values are in crore

Historical Net Profit of Veefin Solutions Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Veefin Solutions Ltd News Hub

News

Veefin Solutions acquires 50% stake in Singapore-based Walnut AI

Veefin Solutions has through its subsidiary Estorifi Solutions acquired 50% stake consisti...

Read more

05 Nov 202417:37

News

Veefin Solutions hits the roof after acquiring 50% stake in GenAI firm Walnut

'This also marks the fourth acquisition by Veefin Group this year as the company propels i...

Read more

05 Nov 202412:57

News

Veefin Solutions to table results

Veefin Solutions will hold a meeting of the Board of Directors of the Company on 28 Octobe...

Read more

19 Oct 202410:21

News

Veefin Solutions expands its lending ecosystem via inorganic growth

The Veefin Group of Companies has announced its third acquisition in end-to-end digital l...

Read more

17 Sep 202409:03

News

Veefin Solutions AGM scheduled

Veefin Solutions announced that the Annual General Meeting (AGM) of the company will be he...

Read more

31 Aug 202416:39

News

Veefin Group acquires Nityo Infotech Singapore's India invested business

The Veefin Group of Companies has announced its latest acquisition via one of its subsidia...

Read more

13 Aug 202409:04

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Veefin Solutions Ltd

What is the PB ratio of Veefin Solutions Ltd?

The current PB ratio of Veefin Solutions 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 Veefin Solutions Ltd stocks?

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

The PB ratio of Veefin Solutions 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 Veefin Solutions Ltd?

A high PB ratio suggests that Veefin Solutions 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 Veefin Solutions Ltd?

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

Can Veefin Solutions Ltd PB Ratio change over time?

Yes, the PB ratio of Veefin Solutions 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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