Parmeshwar Metal Stock Price Analysis and Quick Research Report. Is Parmeshwar Metal an attractive stock to invest in?
Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.
Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements.
Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Parmeshwar Metal.
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PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Parmeshwar Metal has a PE ratio of 9.48171284353779 which is low and comparatively undervalued.
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Return on Assets (ROA): Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Parmeshwar Metal has ROA of 11.6228% which is a bad sign for future performance. (Higher values are always desirable.)
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Current ratio: The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Parmeshwar Metal has a Current ratio of 2.0392.
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Return on equity: ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Parmeshwar Metal has a ROE of 21.4869%. (Higher is better)
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Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Parmeshwar Metal has a Debt to Equity ratio of 0.5883 which means that the company has low proportion of debt in its capital.
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Sales growth: Parmeshwar Metal has reported revenue growth of 13.1992% which is poor in relation to its growth and performance.
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Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of Parmeshwar Metal for the current financial year is 1.0109630902901%.
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Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Parmeshwar Metal is Rs 0 and the yield is 0%.
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Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Parmeshwar Metal is Rs 7.1717. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Parmeshwar Metal in Ticker for free. Also, one can get the intrinsic value of Parmeshwar Metal by using Valuation Calculators, which are available with a Finology ONE subscription.
Parmeshwar Metal FAQs
Q1. What is Parmeshwar Metal share price today?
Ans: The current share price of Parmeshwar Metal is Rs 68.
Q2. What is the market capitalisation of Parmeshwar Metal?
Ans: Parmeshwar Metal has a market capitalisation of Rs 104.0808 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Parmeshwar Metal?
Ans: The PE ratio of Parmeshwar Metal is 9.48171284353779 and the P/B ratio of Parmeshwar Metal is 1.584184249947, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Parmeshwar Metal share?
Ans: The 52-week high share price of Parmeshwar Metal is Rs 88.72, and the 52-week low share price of Parmeshwar Metal is Rs 47.84.
Q5. Does Parmeshwar Metal pay dividends?
Ans: Currently, Parmeshwar Metal does not pay dividends. Dividend yield of Parmeshwar Metal is around 0%.
Q6. What are the face value and book value of Parmeshwar Metal shares?
Ans: The face value of Parmeshwar Metal shares is Rs 10, while the book value per share of Parmeshwar Metal is around Rs 42.9243. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Parmeshwar Metal?
Ans: Parmeshwar Metal has a total debt of Rs 21.8886 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Parmeshwar Metal?
Ans: The ROE of Parmeshwar Metal is 21.4869% and ROCE of Parmeshwar Metal is 23.6417%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.
Q9. Is Parmeshwar Metal a good buy for the long term?
Ans: The Parmeshwar Metal long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.
Q10. Is Parmeshwar Metal undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Parmeshwar Metal appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Parmeshwar Metal’s financials?
Ans: You can review Parmeshwar Metal’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.