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Amic Forging Ltd PB Ratio

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Amic Forging Ltd

NSE: AMIC

PB

8.7

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Amic Forging Ltd is 8.7.
  • The PB ratio of the Amic Forging Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Amic Forging Ltd changed from 10.7 on March 2024 to 10.7 on March 2024 . This represents a CAGR of 0.00% over 1 years.

Historical P/B Ratio of Amic Forging Ltd

No data available

Company Fundamentals for Amic Forging Ltd

Market Cap

1,398 Cr

EPS

10.8

P/E Ratio (TTM)

114.4

P/B Ratio (TTM)

8.7

Day’s High

1280.0

Day’s Low

1240.0

DTE

0.0

ROE

33.7

52 Week High

1809.45

52 Week Low

239.4

ROCE

42.3

Market Price of Amic Forging Ltd

1M

1Y

3Y

5Y

Monitoring Amic Forging 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
22 Nov 20241239.1
21 Nov 20241238.5
19 Nov 20241261.1
18 Nov 20241227.25
14 Nov 20241220.5

SWOT Analysis Of Amic Forging Ltd

Strength

4

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Amic Forging Ltd

Asset Value vs Market Value of Amic Forging Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Amic Forging Ltd8.66
Bharat Forge Ltd190.6
AIA Engineering Ltd669.2
PTC Industries Ltd880.5
Ramkrishna Forgings Ltd162.1

Historical Market Cap of Amic Forging Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Amic Forging Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Amic Forging Ltd

What is the PB ratio of Amic Forging Ltd?

The current PB ratio of Amic Forging Ltd is 8.66. 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 Amic Forging Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Amic Forging 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 Amic Forging Ltd calculated?

The PB ratio of Amic Forging 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 Amic Forging Ltd?

A high PB ratio suggests that Amic Forging 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 Amic Forging Ltd?

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

Can Amic Forging Ltd PB Ratio change over time?

Yes, the PB ratio of Amic Forging 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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