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PB Ratio of Venus Pipes & Tubes Ltd

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Venus Pipes & Tubes Ltd

NSE: VENUSPIPES

PB Ratio

6.5

Last updated on: Jan 06, 2025

Key Highlights

  • The latest PB Ratio of Venus Pipes & Tubes Ltd is 6.5.
  • The PB ratio of the Venus Pipes & Tubes Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Venus Pipes & Tubes Ltd changed from 4.7 on March 2023 to 9.4 on March 2024 . This represents a CAGR of 41.42% over 2 years.

Historical P/B Ratio of Venus Pipes & Tubes Ltd

No data available

Company Fundamentals for Venus Pipes & Tubes Ltd

Market Cap

3,160 Cr

EPS

48.9

P/E Ratio (TTM)

31.8

P/B Ratio (TTM)

6.5

Day’s High

1597.0

Day’s Low

1526.5

DTE

0.4

ROE

20.6

52 Week High

2489.95

52 Week Low

1317.2

ROCE

24.6

Market Price of Venus Pipes & Tubes Ltd

1M

1Y

3Y

5Y

Monitoring Venus Pipes & Tubes 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
06 Jan 20251551.7
03 Jan 20251599.95
02 Jan 20251563.85
01 Jan 20251575.2
31 Dec 20241506.2

SWOT Analysis Of Venus Pipes & Tubes Ltd

Strength

1

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Venus Pipes & Tubes Ltd

Asset Value vs Market Value of Venus Pipes & Tubes Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Venus Pipes & Tubes Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Venus Pipes & Tubes Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

PB Ratio of Venus Pipes & Tubes Ltd Explained

3160

Market cap

237

Book Value per Share

6.5X

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

FAQs for PB Ratio of Venus Pipes & Tubes Ltd

What is the PB ratio of Venus Pipes & Tubes Ltd?

The current PB ratio of Venus Pipes & Tubes Ltd is 6.54. 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 Venus Pipes & Tubes Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Venus Pipes & Tubes 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 Venus Pipes & Tubes Ltd calculated?

The PB ratio of Venus Pipes & Tubes 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 Venus Pipes & Tubes Ltd?

A high PB ratio suggests that Venus Pipes & Tubes 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 Venus Pipes & Tubes Ltd?

A low PB ratio of Venus Pipes & Tubes Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Venus Pipes & Tubes Ltd PB Ratio change over time?

Yes, the PB ratio of Venus Pipes & Tubes Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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