GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sahaj Solar Ltd (NSE:SAHAJSOLAR) » Definitions » PB Ratio

Sahaj Solar (NSE:SAHAJSOLAR) PB Ratio : 6.51 (As of Apr. 30, 2025)


View and export this data going back to 2024. Start your Free Trial

What is Sahaj Solar 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 (2025-04-30), Sahaj Solar's share price is ₹257.50. Sahaj Solar's Book Value per Share for the quarter that ended in Sep. 2024 was ₹39.53. Hence, Sahaj Solar's PB Ratio of today is 6.51.

Good Sign:

Sahaj Solar Ltd stock PB Ratio (=6.86) is close to 1-year low of 6.86.

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

NSE:SAHAJSOLAR' s PB Ratio Range Over the Past 10 Years
Min: 6.86   Med: 17.21   Max: 23.75
Current: 6.86

During the past 4 years, Sahaj Solar's highest PB Ratio was 23.75. The lowest was 6.86. And the median was 17.21.

NSE:SAHAJSOLAR's PB Ratio is ranked worse than
89.25% of 977 companies
in the Semiconductors industry
Industry Median: 1.96 vs NSE:SAHAJSOLAR: 6.86

During the past 12 months, Sahaj Solar's average Book Value Per Share Growth Rate was 370.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 52.70% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Sahaj Solar was 52.70% per year. The lowest was 52.70% per year. And the median was 52.70% per year.

Back to Basics: PB Ratio


Sahaj Solar PB Ratio Historical Data

The historical data trend for Sahaj Solar'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.

Sahaj Solar PB Ratio Chart

Sahaj Solar Annual Data
Trend Mar21 Mar22 Mar23 Mar24
PB Ratio
- - - -

Sahaj Solar Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
PB Ratio Get a 7-Day Free Trial - - - - 8.11

Competitive Comparison of Sahaj Solar's PB Ratio

For the Solar subindustry, Sahaj Solar'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.


Sahaj Solar's PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sahaj Solar's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sahaj Solar's PB Ratio falls into.


;
;

Sahaj Solar 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.

Sahaj Solar's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=257.50/39.532
=6.51

* 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.


Sahaj Solar  (NSE:SAHAJSOLAR) 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.


Sahaj Solar PB Ratio Related Terms

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


Sahaj Solar Business Description

Traded in Other Exchanges
N/A
Address
Office No. 301, Ashirvad Paras, Opposite Prahladnagar Garden, Satellite, Ahmedabad, GJ, IND, 380051
Sahaj Solar Ltd is a renewable energy solution provider engaged majorly into three businesses being manufacturing of PV modules, providing solar water pumping systems and providing EPC services to PAN India customers. Its product include Solar Panel, Solar Water Pump, Solar Mobile Trolleys, Solar Home Light and etc.

Sahaj Solar Headlines

No Headlines