Home

PB Ratio of Ace Engitech Ltd

Image

Ace Engitech Ltd

NSE: ACEENGITEC

PB Ratio

56.5

Last updated on: Dec 20, 2024

Key Highlights

  • The latest PB Ratio of Ace Engitech Ltd is 56.5.
  • The PB ratio of the Ace Engitech Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Ace Engitech Ltd changed from 0.6 on March 2020 to 12.6 on March 2024 . This represents a CAGR of 83.84% over 5 years.

Historical P/B Ratio of Ace Engitech Ltd

No data available

Company Fundamentals for Ace Engitech Ltd

Market Cap

24 Cr

EPS

0.0

P/E Ratio (TTM)

0.0

P/B Ratio (TTM)

56.5

Day’s High

283.9

Day’s Low

283.9

DTE

0.0

ROE

-42.5

52 Week High

283.9

52 Week Low

13.79

ROCE

-42.4

Market Price of Ace Engitech Ltd

1M

1Y

3Y

5Y

Monitoring Ace Engitech Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
20 Dec 2024283.9
19 Dec 2024278.35
18 Dec 2024272.9
17 Dec 2024267.55
16 Dec 2024262.35

SWOT Analysis

Strength

0

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Ace Engitech Ltd

Asset Value vs Market Value of Ace Engitech Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Ace Engitech Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Ace Engitech Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Ace Engitech Ltd

What is the PB ratio of Ace Engitech Ltd?

The current PB ratio of Ace Engitech Ltd is 56.49. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Ace Engitech Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Ace Engitech Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Ace Engitech Ltd calculated?

The PB ratio of Ace Engitech Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Ace Engitech Ltd?

A high PB ratio suggests that Ace Engitech Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Ace Engitech Ltd?

A low PB ratio of Ace Engitech Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Ace Engitech Ltd PB Ratio change over time?

Yes, the PB ratio of Ace Engitech Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Open Demat Account
Verify your phone
+91
*By signing up you agree to our terms & conditions