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Ashtasidhhi Industries (BOM:531341) PB Ratio : 1.02 (As of Apr. 10, 2025)


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What is Ashtasidhhi Industries 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 (2025-04-10), Ashtasidhhi Industries's share price is ₹13.90. Ashtasidhhi Industries's Book Value per Share for the quarter that ended in Dec. 2024 was ₹13.58. Hence, Ashtasidhhi Industries's PB Ratio of today is 1.02.

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

BOM:531341' s PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.39   Max: 1.67
Current: 1.02

During the past 13 years, Ashtasidhhi Industries's highest PB Ratio was 1.67. The lowest was 0.10. And the median was 0.39.

BOM:531341's PB Ratio is ranked worse than
51.38% of 508 companies
in the Credit Services industry
Industry Median: 1.01 vs BOM:531341: 1.02

During the past 12 months, Ashtasidhhi Industries's average Book Value Per Share Growth Rate was -3.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ashtasidhhi Industries was 1.30% per year. The lowest was -1.10% per year. And the median was 0.40% per year.

Back to Basics: PB Ratio


Ashtasidhhi Industries PB Ratio Historical Data

The historical data trend for Ashtasidhhi Industries'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.

Ashtasidhhi Industries PB Ratio Chart

Ashtasidhhi Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.26 0.31 0.64 0.93

Ashtasidhhi Industries Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.93 - 1.32 -

Competitive Comparison of Ashtasidhhi Industries's PB Ratio

For the Credit Services subindustry, Ashtasidhhi Industries'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.


Ashtasidhhi Industries's PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ashtasidhhi Industries's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ashtasidhhi Industries's PB Ratio falls into.


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Ashtasidhhi Industries 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.

Ashtasidhhi Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=13.90/13.577
=1.02

* 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.


Ashtasidhhi Industries  (BOM:531341) 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.


Ashtasidhhi Industries PB Ratio Related Terms

Thank you for viewing the detailed overview of Ashtasidhhi Industries's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ashtasidhhi Industries Business Description

Traded in Other Exchanges
N/A
Address
252, New Cloth Market, Opposite Raipur Gate, Ahmedabad, GJ, IND, 380002
Ashtasidhhi Industries Ltd Formerly Gujarat Investa Ltd operates as a non-banking finance company in India. It is engaged in the finance, investment and leasing businesses, as well as the hire or acquisition of immovable or movable property. It has primary segments for revenue generation in finance. The company generates revenue from Interest income, Dividends received and the sale of Investments.

Ashtasidhhi Industries Headlines

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