|RELAXO -- India Stock|| |
INR 529.10 28.20 5.63%
RELAXO FOOTWEARS price-to-book fundamental analysis lookup allows you to check this and other indicators for RELAXO FOOTWEARS LTD or any other equity instrument. You can also select from a set of available indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations. Please check also Equity Screeners
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RELAXO FOOTWEARS Price to Book Analysis
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is accounting value of assets minus liabilities.
RELAXO FOOTWEARS ValuationFundamentalsBuy or Sell
|RELAXO FOOTWEARS ||Price to Book|| = |
About Price to Book
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Based on latest financial disclosure the price to book indicator of RELAXO FOOTWEARS LTD is roughly 11.15 times. This is 72.6% higher than that of the Consumer Cyclical sector, and 61.76% lower than that of Footwear & Accessories
industry, The Price to Book for all stocks is 17.25% lower than the firm.
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RELAXO FOOTWEARS current financial ratios