Price to Book Value (P/B ratio) is a financial metric that compares a company’s market value to its book value, indicating how much investors are willing to pay for each dollar of net assets. A lower P/B ratio may signal undervaluation, while a higher ratio suggests potential overvaluation relative to the company’s assets.
Here are the stocks under Rs 250 with price-to-book value less than 1;
Ramco Industries Ltd
Ramco Industries Limited is engaged in the manufacture of fiber cement (FC) sheets and calcium silicate boards (CSBs). The Company’s segments include building products, Textiles, and power generation from windmills. The Company caters mainly to the domestic markets.
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With a market capitalization of Rs 2,152.00 crore, the shares were trading at Rs 243.90 per share, decreasing around 2 percent as compared to the previous closing price. The company has a price-to-book ratio of 0.54.
Looking at the company’s financial statements, the revenue zoomed by 11 percent from Rs. 487 crores in Q1FY24 to Rs. 543 crores in Q1FY25. In addition, the net profits decreased by 2.5 percent from Rs. 40 crores to Rs. 39 crores during the same period.
DCB Bank Ltd
DCB Bank Limited is an India-based banking company. The Bank is engaged in providing banking and financial services. The Bank operates through four segments: Treasury Operations, Wholesale Banking, Retail Banking, and Other Banking Operations.
With a market capitalization of Rs 3,794.23 crore, the shares were trading at Rs 121.05 per share, increasing around 0.75 percent as compared to the previous closing price. The company has a price-to-book ratio of 0.76.
Looking at the company’s financial statements, the revenue zoomed by 20 percent from Rs. 1,238 crores in Q1FY24 to Rs. 1,489 crores in Q1FY25. In addition, the net profits increased by 3 percent from Rs. 127 crores to Rs. 131 crores during the same period.
Hathway Cable & Datacom Ltd
Hathway Cable and Datacom Limited is primarily involved in the distribution of Internet and other related services. It works in two segments: broadband business and cable television. The Company’s Broadband Business business is a cable television service provider that provides high-speed cable broadband services in 16 locations.
With a market capitalization of Rs 3,646.42 crore, the shares were trading at Rs 20.60 per share, increasing around 0.83 percent as compared to the previous closing price. The company has a price-to-book ratio of 0.85.
Looking at the company’s financial statements, the revenue zoomed by 1 percent from Rs. 499 crores in Q1FY24 to Rs. 503 crores in Q1FY25. In addition, the net profits decreased by 18 percent from Rs. 22 crores to Rs. 18 crores during the same period.
Bank of India
Bank of India Limited (the Bank) segments include Treasury Operations, Wholesale Banking Operations, and Retail Banking Operations. The Treasury Operations segment includes the investment portfolio, such as dealing in government and other securities, money market operations, and forex operations.
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With a market capitalization of Rs 51,923.18 crore, the shares were trading at Rs 114.05 per share, increasing around 0.48 percent as compared to the previous closing price. The company has a price-to-book ratio of 0.75.
Looking at the company’s financial statements, the revenue zoomed by 18 percent from Rs. 14,442 crores in Q1FY24 to Rs. 17,046 crores in Q1FY25. In addition, the net profits increased by 21 percent from Rs. 1,562 crores to Rs. 1,890 crores during the same period.
Written by:- Abhishek Singh
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