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Ace Men Engg Works Ltd PB Ratio

Ace Men Engg Works Ltd PB Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

11.3 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Ace Men Engg Works Ltd

NSE: ACEMEN

PB

6.6

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Ace Men Engg Works Ltd is 6.6 as of 07 Nov 24.
  • The P/B Ratio of Ace Men Engg Works Ltd changed from 3.5 on March 2022 to 3.7 on March 2024 . This represents a CAGR of 1.87% over 3 years. .

Historical P/B Ratio of Ace Men Engg Works Ltd

No data available

Company Fundamentals for Ace Men Engg Works Ltd

Market Cap

25 Cr

EPS

0.2

P/E Ratio (TTM) *

374.7

P/B Ratio (TTM) *

6.6

Day’s High *

82.44

Day’s Low

79.22

DTE *

0.0

ROE *

1.8

52 Week High

88.72

52 Week Low

40.5

ROCE *

2.9

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Ace Men Engg Works 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
07 Nov 202482.44
06 Nov 202480.83
05 Nov 202479.25
04 Nov 202477.9
31 Oct 202476.67
30 Oct 202475.17
29 Oct 202473.7
28 Oct 202472.31
25 Oct 202470.9
24 Oct 202469.55

SWOT Analysis Of Ace Men Engg Works Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Ace Men Engg Works Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Ace Men Engg Works Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Ace Men Engg Works Ltd625
Adani Enterprises Ltd1903,42,705
Aegis Logistics Ltd7128,082
Cello World Ltd6519,083
Redington Ltd5015,370
Honasa Consumer Ltd3412,312

Key Valuation Metric of Ace Men Engg Works Ltd

Share Price

₹82

PB Ratio

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of Ace Men Engg Works Ltd

No data available

* All values are in crore

Historical Revenue of Ace Men Engg Works Ltd

No data available

* All values are in crore

Historical EBITDA of Ace Men Engg Works Ltd

No data available

* All values are in crore

Historical Net Profit of Ace Men Engg Works Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Ace Men Engg Works Ltd News Hub

News

Ace Men Engg Works to hold board meeting

Ace Men Engg Works will hold a meeting of the Board of Directors of the Company on 18 Octo...

Read more

11 Oct 202410:37

News

Ace Men Engg Works to hold AGM

Ace Men Engg Works announced that the Annual General Meeting (AGM) of the company will be ...

Read more

08 Aug 202416:22

News

Ace Men Engg Works postpones board meeting

Ace Men Engg Works has postponed the meeting of the Board of Directors which was scheduled...

Read more

03 Aug 202410:10

News

Ace Men Engg Works to declare Quarterly Result

Ace Men Engg Works will hold a meeting of the Board of Directors of the Company on 2 Augus...

Read more

26 Jul 202409:42

News

Ace Men Engg Works to conduct board meeting

Ace Men Engg Works will hold a meeting of the Board of Directors of the Company on 14 Febr...

Read more

13 Feb 202416:55

News

Ace Men Engg Works to convene board meeting

Ace Men Engg Works will hold a meeting of the Board of Directors of the Company on 4 Janua...

Read more

29 Dec 202310:10

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Ace Men Engg Works Ltd

What is the PB ratio of Ace Men Engg Works Ltd?

The current PB ratio of Ace Men Engg Works Ltd is 6.61. 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 Men Engg Works Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Ace Men Engg Works 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 Men Engg Works Ltd calculated?

The PB ratio of Ace Men Engg Works 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 Men Engg Works Ltd?

A high PB ratio suggests that Ace Men Engg Works 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 Men Engg Works Ltd?

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

Can Ace Men Engg Works Ltd PB Ratio change over time?

Yes, the PB ratio of Ace Men Engg Works Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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