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Labelkraft Technologies (BOM:543830) PB Ratio : 1.96 (As of Jun. 08, 2024)


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What is Labelkraft Technologies PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-06-08), Labelkraft Technologies's share price is ₹65.00. Labelkraft Technologies's Book Value per Share for the quarter that ended in Mar. 2024 was ₹33.16. Hence, Labelkraft Technologies's PB Ratio of today is 1.96.

The historical rank and industry rank for Labelkraft Technologies's PB Ratio or its related term are showing as below:

BOM:543830' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.59
Current: 1.96

During the past 2 years, Labelkraft Technologies's highest PB Ratio was 2.59. The lowest was 0.00. And the median was 0.00.

BOM:543830's PB Ratio is ranked worse than
53.15% of 2922 companies
in the Industrial Products industry
Industry Median: 1.85 vs BOM:543830: 1.96

During the past 12 months, Labelkraft Technologies's average Book Value Per Share Growth Rate was 11.60% per year.

Back to Basics: PB Ratio


Labelkraft Technologies PB Ratio Historical Data

The historical data trend for Labelkraft Technologies's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Labelkraft Technologies PB Ratio Chart

Labelkraft Technologies Annual Data
Trend Mar23 Mar24
PB Ratio
1.81 1.87

Labelkraft Technologies Semi-Annual Data
Mar23 Sep23 Mar24
PB Ratio 1.81 2.33 1.87

Competitive Comparison of Labelkraft Technologies's PB Ratio

For the Business Equipment & Supplies subindustry, Labelkraft Technologies's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Labelkraft Technologies's PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Labelkraft Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where Labelkraft Technologies's PB Ratio falls into.



Labelkraft Technologies PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Labelkraft Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=65.00/33.162
=1.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Labelkraft Technologies  (BOM:543830) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Labelkraft Technologies PB Ratio Related Terms

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Labelkraft Technologies (BOM:543830) Business Description

Traded in Other Exchanges
N/A
Address
14/12, Jayachamarajendra Road, Bengaluru, KA, IND, 560002
Labelkraft Technologies Ltd is engaged in the business of providing barcode code solutions. The company offers services to many different segments of industries like FMCG, logistics service providers, chemicals, garments, and others.

Labelkraft Technologies (BOM:543830) Headlines

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