Praj Industries (India) Performance
| PRAJIND Stock | 810.15 9.85 1.20% |
Praj Industries has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.81, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Praj Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Praj Industries is expected to be smaller as well. Praj Industries right now holds a risk of 2.92%. Please check Praj Industries potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if Praj Industries will be following its historical price patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Praj Industries Limited are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady forward indicators, Praj Industries may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Forward Dividend Yield 0.0074 | Payout Ratio 0.4051 | Last Split Factor 2:1 | Forward Dividend Rate 6 | Ex Dividend Date 2024-07-18 |
1 | Technical Breakout Stocks Praj Industries, Balrampur Chini and Sun Pharma hit fresh record highs time to buy - The Economic Times | 09/27/2024 |
2 | Praj Industries Q2 Results Profit Falls 14, Misses Estimates - NDTV Profit | 10/25/2024 |
3 | Where is Praj Industries stock headed over the next 3 years Stock Market News - Mint | 12/09/2024 |
| Begin Period Cash Flow | 985.8 M |
Praj |
Praj Industries Relative Risk vs. Return Landscape
If you would invest 75,750 in Praj Industries Limited on September 23, 2024 and sell it today you would earn a total of 5,265 from holding Praj Industries Limited or generate 6.95% return on investment over 90 days. Praj Industries Limited is generating 0.1452% of daily returns and assumes 2.9151% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than Praj, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Praj Industries Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Praj Industries' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Praj Industries Limited, and traders can use it to determine the average amount a Praj Industries' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0498
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| Cash | Small Risk | PRAJIND | High Risk | Huge Risk |
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Estimated Market Risk
| 2.92 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Praj Industries is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Praj Industries by adding it to a well-diversified portfolio.
Praj Industries Fundamentals Growth
Praj Stock prices reflect investors' perceptions of the future prospects and financial health of Praj Industries, and Praj Industries fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Praj Stock performance.
| Return On Equity | 0.25 | ||||
| Return On Asset | 0.0772 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 143.68 B | ||||
| Shares Outstanding | 183.81 M | ||||
| Price To Book | 11.46 X | ||||
| Price To Sales | 4.43 X | ||||
| Revenue | 34.66 B | ||||
| Gross Profit | 10.69 B | ||||
| EBITDA | 4.31 B | ||||
| Net Income | 2.83 B | ||||
| Cash And Equivalents | 494.95 M | ||||
| Total Debt | 1.69 B | ||||
| Book Value Per Share | 70.74 X | ||||
| Cash Flow From Operations | 1.99 B | ||||
| Earnings Per Share | 16.37 X | ||||
| Total Asset | 28.95 B | ||||
| Retained Earnings | 10.32 B | ||||
About Praj Industries Performance
By analyzing Praj Industries' fundamental ratios, stakeholders can gain valuable insights into Praj Industries' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Praj Industries has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Praj Industries has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Praj Industries is entity of India. It is traded as Stock on NSE exchange.Things to note about Praj Industries performance evaluation
Checking the ongoing alerts about Praj Industries for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Praj Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Praj Industries is unlikely to experience financial distress in the next 2 years | |
| About 35.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Where is Praj Industries stock headed over the next 3 years Stock Market News - Mint |
- Analyzing Praj Industries' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Praj Industries' stock is overvalued or undervalued compared to its peers.
- Examining Praj Industries' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Praj Industries' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Praj Industries' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Praj Industries' stock. These opinions can provide insight into Praj Industries' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Praj Stock analysis
When running Praj Industries' price analysis, check to measure Praj Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Praj Industries is operating at the current time. Most of Praj Industries' value examination focuses on studying past and present price action to predict the probability of Praj Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Praj Industries' price. Additionally, you may evaluate how the addition of Praj Industries to your portfolios can decrease your overall portfolio volatility.
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