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Veljan Denison Ltd PB Ratio

Veljan Denison Ltd PB Ratio

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Last Updated time: 18 Sep 9.00 AM

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Veljan Denison Ltd

NSE: VELJANDENISON

PB

3.5

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Veljan Denison Ltd is 3.5 as of 18 Sep 24.
  • The P/B Ratio of Veljan Denison Ltd is 1.5 as of March 2023.
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Veljan Denison Ltd

NSE: VELJANDENISON

PB

1.5

Last updated: March 2023

Company Fundamentals for Veljan Denison Ltd

Market Cap

718 Cr

EPS

46.9

P/E Ratio (TTM) *

34.0

P/B Ratio (TTM) *

3.5

Day’s High *

1623.95

Day’s Low

1562.0

DTE *

0.0

ROE *

10.8

52 Week High

2100.0

52 Week Low

835.05

ROCE *

14.4

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Veljan Denison Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 20241596.3
17 Sep 20241586.8
16 Sep 20241588.45
13 Sep 20241608.95
12 Sep 20241607.55
11 Sep 20241600.5
10 Sep 20241603.25
09 Sep 20241597.05
06 Sep 20241603.1
05 Sep 20241626.25

SWOT Analysis Of Veljan Denison Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Veljan Denison Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Veljan Denison Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Veljan Denison Ltd3718
Cummins India Ltd2221,04,324
Thermax Ltd29662,149
Carborundum Universal Ltd12028,529
Jyoti CNC Automation Ltd7726,768
Grindwell Norton Ltd18426,246

Key Valuation Metric of Veljan Denison Ltd

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 Veljan Denison Ltd

No data available

* All values are in crore

Historical Revenue of Veljan Denison Ltd

No data available

* All values are in crore

Historical EBITDA of Veljan Denison Ltd

No data available

* All values are in crore

Historical Net Profit of Veljan Denison Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Veljan Denison Ltd News Hub

News

Veljan Denison to hold board meeting

Veljan Denison will hold a meeting of the Board of Directors of the Company on 6 September...

Read more

05 Sep 202414:51

News

Veljan Denison announces board meeting date

Veljan Denison will hold a meeting of the Board of Directors of the Company on 14 August 2...

Read more

09 Aug 202415:01

News

Board of Veljan Denison recommends final dividend

Veljan Denison announced that the Board of Directors of the Company at its meeting held on...

Read more

24 May 202410:43

News

Veljan Denison to conduct board meeting

Veljan Denison will hold a meeting of the Board of Directors of the Company on 23 May 2024...

Read more

13 May 202411:11

News

Veljan Denison to hold EGM

Veljan Denison announced that an Extra Ordinary General Meeting (EGM) of the Company will ...

Read more

13 Apr 202411:55

News

Veljan Denison revises board meeting date

Veljan Denison has revised the meeting of the Board of Directors which was scheduled to be...

Read more

26 Mar 202414:18

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FAQs for PB Ratio of Veljan Denison Ltd

What is the PB ratio of Veljan Denison Ltd?

The current PB ratio of Veljan Denison Ltd is 3.51. 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 Veljan Denison Ltd stocks?

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

The PB ratio of Veljan Denison 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 Veljan Denison Ltd?

A high PB ratio suggests that Veljan Denison 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 Veljan Denison Ltd?

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

Can Veljan Denison Ltd PB Ratio change over time?

Yes, the PB ratio of Veljan Denison 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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