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PB Ratio of Veejay Lakshmi Engineering Works Ltd

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Veejay Lakshmi Engineering Works Ltd

NSE: VEEJAYLAKENG

PB Ratio

1.6

Last updated on: Apr 21, 2025

Key Highlights

  • The latest PB Ratio of Veejay Lakshmi Engineering Works Ltd is 1.6.
  • The PB ratio of the Veejay Lakshmi Engineering Works Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Veejay Lakshmi Engineering Works Ltd changed from 0.3 on March 2020 to 1.2 on March 2024 . This represents a CAGR of 31.95% over 5 years.

Historical P/B Ratio of Veejay Lakshmi Engineering Works Ltd

No data available

Company Fundamentals for Veejay Lakshmi Engineering Works Ltd

Market Cap

29 Cr

EPS

0.0

P/E Ratio (TTM)

0.0

P/B Ratio (TTM)

1.6

Day’s High

64.0

Day’s Low

58.11

DTE

1.9

ROE

-15.1

52 Week High

130.0

52 Week Low

44.32

ROCE

-0.8

Market Price of Veejay Lakshmi Engineering Works Ltd

1M

1Y

3Y

5Y

Monitoring Veejay Lakshmi Engineering Works 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
21 Apr 202558.21
17 Apr 202563.9
16 Apr 202562.35
15 Apr 202565.94
11 Apr 202562.33
09 Apr 202568.9
08 Apr 202565.81
07 Apr 202562.04
04 Apr 202565.03
03 Apr 202565.04

SWOT Analysis Of Veejay Lakshmi Engineering Works Ltd

Strength

0

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Veejay Lakshmi Engineering Works Ltd

Asset Value vs Market Value of Veejay Lakshmi Engineering Works Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

PB Ratio of Veejay Lakshmi Engineering Works Ltd Explained

29.51

Market cap

37

Book Value per Share

1.6X

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 Veejay Lakshmi Engineering Works Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Veejay Lakshmi Engineering Works Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Veejay Lakshmi Engineering Works Ltd News Hub

Veejay Lakshmi Engineering Works to conduct AGM

Veejay Lakshmi Engineering Works announced that the 49th Annual General Meeting (AGM) of the company

Read more

21 Aug 24

Veejay Lakshmi Engineering Works to table results

Veejay Lakshmi Engineering Works will hold a meeting of the Board of Directors of the Company on 11

Read more

19 Oct 24

Veejay Lakshmi Engineering Works declare Quarterly Result

Veejay Lakshmi Engineering Works will hold a meeting of the Board of Directors of the Company on 13

Read more

20 Jan 25

Veejay Lakshmi Engineering Works reports consolidated net loss of Rs 0.29 crore in the September 2024 quarter

Net Loss of Veejay Lakshmi Engineering Works reported to Rs 0.29 crore in the quarter ended Septembe

Read more

12 Nov 24

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Veejay Lakshmi Engineering Works Ltd

What is the PB ratio of Veejay Lakshmi Engineering Works Ltd?

The current PB ratio of Veejay Lakshmi Engineering Works Ltd is 1.59. 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 Veejay Lakshmi Engineering Works Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Veejay Lakshmi Engineering Works 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 Veejay Lakshmi Engineering Works Ltd calculated?

The PB ratio of Veejay Lakshmi Engineering Works 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 Veejay Lakshmi Engineering Works Ltd?

A high PB ratio suggests that Veejay Lakshmi Engineering Works 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 Veejay Lakshmi Engineering Works Ltd?

A low PB ratio of Veejay Lakshmi Engineering Works Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Veejay Lakshmi Engineering Works Ltd PB Ratio change over time?

Yes, the PB ratio of Veejay Lakshmi Engineering Works 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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