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Comrade Appliances Ltd
₹36
(0.84%)
Sun, 20 Sept 2026, 03:17 pm
Producer Manufacturing
Industrial Machinery
24.5KComrade Appliances PB Ratio
| Particulars | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Price to earnings ratio | 0 | 0 | 0 | 0 | 104.65 | 128.07 |
| Price to book ratio | 0 | 0 | 0 | 0 | 3.44 | 3.03 |
| Price to sales ratio | 0 | 0 | 0 | 0 | 1.90 | 1.19 |
| Price to cash flow ratio | 0 | 0 | 0 | 0 | 0 | 25.40 |
| Enterprise value | 0 | 0 | 0 | 0 | 68.21Cr | 93.68Cr |
| Enterprise value to EBITDA ratio | 0 | 0 | 0 | 0 | 19.55 | 17.85 |
| Debt to equity ratio | 1.37 | 3.05 | 2.22 | 1.96 | 0.82 | 1.19 |
| Return on equity % | 0 | 5.34 | 8.03 | 27.45 | 4.41 | 2.68 |
Comrade Appliances Ltd Price to Book Ratio
The Comrade Appliances Ltd Price to Book Ratio is a key financial metric used by investors to evaluate Comrade Appliances Ltd's valuation, profitability, and overall financial performance. Tracking the Comrade Appliances Ltd Price to Book Ratio helps investors understand whether the stock is undervalued, fairly valued, or trading at a premium compared to its historical performance and industry peers.
Comrade Appliances Ltd (NSE: , BSE: 543921) is currently trading at ₹36, with a market capitalization of ₹28Cr. As a leading company in the Producer manufacturing sector and Industrial machinery industry, monitoring the Comrade Appliances Ltd Price to Book Ratio is essential for fundamental analysis.
Comrade Appliances Ltd Price to Book Ratio Current Value
The current Comrade Appliances Ltd Price to Book Ratio stands at 3.03.
The Comrade Appliances Ltd Price to Book Ratio has declined compared to earlier levels, suggesting improved fundamentals or more attractive valuation.
Comrade Appliances Ltd Price to Book Ratio Historical Trend
The Comrade Appliances Ltd Price to Book Ratio has shown the following historical trend:
- 2024: 3.03
- 2023: 3.44
- 2022: 0
- 2021: 0
- 2020: 0
The decline in Comrade Appliances Ltd Price to Book Ratio indicates improving financial efficiency or better earnings growth.
What Comrade Appliances Ltd Price to Book Ratio Indicates for Investors
The Comrade Appliances Ltd Price to Book Ratio plays a crucial role in understanding the company's financial health and valuation.
The P/B ratio shows how the market values company assets relative to book value.
Comrade Appliances Ltd Price to Book Ratio Analysis Summary
The Comrade Appliances Ltd Price to Book Ratio remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Comrade Appliances Ltd Price to Book Ratio should also monitor related metrics such as P/E, P/B, EV/EBITDA, D/E, and ROE to get a complete fundamental picture.
Regular tracking of Comrade Appliances Ltd Price to Book Ratio helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.