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Venus Pipes & Tubes Ltd PB Ratio

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Venus Pipes & Tubes Ltd

NSE: VENUSPIPES

PB

6.9

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Venus Pipes & Tubes Ltd is 6.9.
  • 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

3,319 Cr

EPS

48.9

P/E Ratio (TTM)

33.3

P/B Ratio (TTM)

6.9

Day’s High

1675.15

Day’s Low

1616.0

DTE

0.4

ROE

20.6

52 Week High

2489.95

52 Week Low

1290.0

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
22 Nov 20241629.7
21 Nov 20241637.3
19 Nov 20241613.85
18 Nov 20241609.85
14 Nov 20241676.55

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

Competitive Comparison of P/B Ratio

Company
leftPBright
Venus Pipes & Tubes Ltd6.87
JSW Steel Ltd319.8
Tata Steel Ltd112.7
Jindal Steel & Power Ltd475.6
Tube Investments of India Ltd220.3

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

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 6.87. 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.
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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