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Welspun Corp Ltd PB Ratio

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Welspun Corp Ltd

NSE: WELCORP

PB

3

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Welspun Corp Ltd is 3.
  • The PB ratio of the Welspun Corp Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Welspun Corp Ltd changed from 1.3 on March 2019 to 2.4 on March 2024 . This represents a CAGR of 10.76% over 6 years.

Historical P/B Ratio of Welspun Corp Ltd

No data available

Company Fundamentals for Welspun Corp Ltd

Market Cap

18,116 Cr

EPS

42.1

P/E Ratio (TTM)

16.4

P/B Ratio (TTM)

3.0

Day’s High

705.1

Day’s Low

691.35

DTE

0.4

ROE

18.1

52 Week High

805.8

52 Week Low

441.0

ROCE

19.7

Market Price of Welspun Corp Ltd

1M

1Y

3Y

5Y

Monitoring Welspun Corp 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 Nov 2024690.55
19 Nov 2024688.1
18 Nov 2024675.4
14 Nov 2024678.05
13 Nov 2024690.95

SWOT Analysis Of Welspun Corp Ltd

Strength

3

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Welspun Corp Ltd

Asset Value vs Market Value of Welspun Corp Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Welspun Corp Ltd3
JSW Steel Ltd331.0
Tata Steel Ltd114.7
Jindal Steel & Power Ltd479.8
Tube Investments of India Ltd216.2

Historical Market Cap of Welspun Corp Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Welspun Corp Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Welspun Corp Ltd

What is the PB ratio of Welspun Corp Ltd?

The current PB ratio of Welspun Corp Ltd is 3.0. 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 Welspun Corp Ltd stocks?

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

The PB ratio of Welspun Corp 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 Welspun Corp Ltd?

A high PB ratio suggests that Welspun Corp 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 Welspun Corp Ltd?

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

Can Welspun Corp Ltd PB Ratio change over time?

Yes, the PB ratio of Welspun Corp 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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