Price to Book ratio Analysis of Northern Technologies - Deep Dive
Latest FY PB
Period Ending - Aug-23
Excellent PB
0.0024
Period Ending - Aug-22
Poor PB
2.51
Growth
-99.90 %
Trailing Twelve Months PB
Period Ending - Aug-23
Very Poor PB
3.23
Most recent Quarter PB
Period Ending - Feb-24
Not Good PB
2.36
PB Analysis of Northern Technologies
P/B Ratio of Northern Technologies with value of 3.23 shows that company is trading much above Book value and may be risky. |
PB Ratio of NTIC drastically fell by -99.90 % this year. |
PB Ratio with value of 2.76 was highest in Year Aug-19 in last Five Years. |
PB Ratio of NTIC trending down for at least three Years. |
Latest PB Ratio with value of 0.0024 is lower than Average PB of 2.11 in last five years. |
Other PB Related Info of NTIC that may interest you.
Northern Technologies Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
NTIC | 17.49 | 17.64 | 0.850 % | Specialty Chemicals |
Defination of Price to Book
Price to book value essentially determines the value given by the market for each rupee of the company's net worth. Book value refers to how much an investor would receive if the company sold off its assets and paid all its debts. Book value shows the actual value of the company. more ..![Price to Book Formula Price to Book Formula](https://my.stockaio.com/help/template/FinDef/ValuationRatios/PriceToBook.jpg)
PB Related Ratios
PriceToEarningRatio | PriceToSalesRatio | ReturnOnEquity |
Tsr Value Index
Good Value |
FY - Historical Price to Book of Northern Technologies
Period | Aug-23 | Aug-22 | Aug-21 | Aug-20 | Aug-19 | Aug-18 | Aug-17 |
---|---|---|---|---|---|---|---|
PB | 0.0024 | 2.51 | 2.63 | 2.66 | 2.76 | 5.87 | 6.19 |
Change | -99.90 % | -4.59 % | -1.44 % | -3.44 % | -53.00 % | -5.16 % | -8.18 % |
FY Chart of Price to Book of Northern Technologies
Note : All Data Generated at the End of Trading Hours (EOD Data)