Price to Book ratio Analysis of Nova Ltd - Deep Dive
Latest FY PB
Period Ending - Dec-23
Very Poor PB
9.20
Period Ending - Dec-22
Very Poor PB
12.92
Growth
-28.82 %
Trailing Twelve Months PB
Period Ending - Dec-23
Very Poor PB
10.53
Most recent Quarter PB
Period Ending - Mar-24
Very Poor PB
9.67
PB Analysis of Nova Ltd
P/B Ratio of Nova Ltd with value of 10.53 shows that company is trading much above Book value and may be risky. |
PB Ratio of NVMI drastically fell by -28.82 % this year. |
PB Ratio with value of 21.62 was highest in Year Dec-19 in last Five Years. |
PB Ratio of NVMI trending down for at least three Years. |
Latest PB Ratio with value of 9.20 is lower than Average PB of 15.28 in last five years. |
Other PB Related Info of NVMI that may interest you.
Nova Ltd Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
NVMI | 237.98 | 237.31 | 0.282 % | Semiconductor Equipment & Materials |
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
Very Low Value Stock |
FY - Historical Price to Book of Nova Ltd
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
PB | 9.20 | 12.92 | 14.11 | 18.54 | 21.62 | 24.38 | 29.94 |
Change | -28.82 % | -8.45 % | -23.89 % | -14.23 % | -11.34 % | -18.55 % | -20.08 % |
FY Chart of Price to Book of Nova Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)