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PB Ratio of Ace Men Engg Works Ltd

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Ace Men Engg Works Ltd

NSE: ACEMEN

PB Ratio

6.9

Last updated on: Dec 20, 2024

Key Highlights

  • The latest PB Ratio of Ace Men Engg Works Ltd is 6.9.
  • The PB ratio of the Ace Men Engg Works 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 Men Engg Works Ltd changed from 2.1 on March 2019 to 3.7 on March 2024 . This represents a CAGR of 9.90% over 6 years.

Historical P/B Ratio of Ace Men Engg Works Ltd

No data available

Company Fundamentals for Ace Men Engg Works Ltd

Market Cap

26 Cr

EPS

0.2

P/E Ratio (TTM)

392.9

P/B Ratio (TTM)

6.9

Day’s High

89.95

Day’s Low

86.44

DTE

0.0

ROE

1.8

52 Week High

92.82

52 Week Low

40.5

ROCE

2.9

Market Price of Ace Men Engg Works Ltd

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
20 Dec 202486.44
19 Dec 202488.2
18 Dec 202490
17 Dec 202491
16 Dec 202489.6

SWOT Analysis Of Ace Men Engg Works Ltd

Strength

1

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Ace Men Engg Works Ltd

Asset Value vs Market Value of Ace Men Engg Works Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Ace Men Engg Works Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Ace Men Engg Works Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 6.93. 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.
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