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Amic Forging Ltd PB Ratio

Amic Forging Ltd PB Ratio

stocks purchased

₹ 2.9 Cr

Volume transacted

stocks purchased

17.6 K

stocks traded

Last Updated time: 18 Sep 9.00 AM

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Amic Forging Ltd

NSE: AMIC

PB

26.3

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Amic Forging Ltd is 26.3 as of 18 Sep 24.
  • The P/B Ratio of Amic Forging Ltd changed from 10.7 on March 2022 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

1,701 Cr

EPS

11.7

P/E Ratio (TTM) *

139.1

P/B Ratio (TTM) *

26.3

Day’s High *

1648.0

Day’s Low

1562.05

DTE *

0.1

ROE *

21.4

52 Week High

1809.45

52 Week Low

239.4

ROCE *

28.0

Share price Over Time

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 Share Price

Date
leftPriceleft
18 Sep 20241622.45
17 Sep 20241596.7
16 Sep 20241598
13 Sep 20241574.35
12 Sep 20241617.65
11 Sep 20241540.65
10 Sep 20241574.55
09 Sep 20241503.5
06 Sep 20241521
05 Sep 20241550

SWOT Analysis Of Amic Forging Ltd

Strength

4

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Amic Forging Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Amic Forging Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Amic Forging Ltd261,701
Bharat Forge Ltd18473,391
AIA Engineering Ltd68440,605
CIE Automotive India Ltd13421,853
PTC Industries Ltd88021,236
Ramkrishna Forgings Ltd14718,475

Key Valuation Metric of Amic Forging Ltd

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 Amic Forging Ltd

No data available

* All values are in crore

Historical Revenue of Amic Forging Ltd

No data available

* All values are in crore

Historical EBITDA of Amic Forging Ltd

No data available

* All values are in crore

Historical Net Profit of Amic Forging Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Amic Forging Ltd News Hub

News

Amic Forging EGM scheduled

Amic Forging announced that an Extra Ordinary General Meeting (EGM) of the Company will be...

Read more

06 Aug 202417:17

News

Amic Forging revises board meeting date

Amic Forging has revised the meeting of the Board of Directors which was scheduled to be h...

Read more

30 Jul 202412:17

News

Amic Forging announces board meeting date

Amic Forging will hold a meeting of the Board of Directors of the Company on 29 July 2024....

Read more

26 Jul 202410:29

News

Amic Forging announces board meeting date

Amic Forging will hold a meeting of the Board of Directors of the Company on 30 May 2024 P...

Read more

28 May 202415:34

News

Amic Forging to discuss results

Amic Forging will hold a meeting of the Board of Directors of the Company on 26 December 2...

Read more

20 Dec 202310:27

News

BSE SME Amic Forging spurts on listing

The scrip was listed at Rs 239.40, up 90% over the initial public offer (IPO) price. The s...

Read more

06 Dec 202315:12

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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 26.34. 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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