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Apollo Tyres Ltd PB Ratio

Apollo Tyres Ltd PB Ratio

stocks purchased

₹ 1.5 Cr

Volume transacted

stocks purchased

28.5 K

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Last Updated time: 18 Sep 9.00 AM

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Apollo Tyres Ltd

NSE: APOLLOTYRE

PB

2.3

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Apollo Tyres Ltd is 2.3 as of 18 Sep 24.
  • The P/B Ratio of Apollo Tyres Ltd changed from 1 on March 2022 to 2.1 on March 2024 . This represents a CAGR of 28.06% over 3 years. .

Historical P/B Ratio of Apollo Tyres Ltd

No data available

Company Fundamentals for Apollo Tyres Ltd

Market Cap

32,456 Cr

EPS

26.7

P/E Ratio (TTM) *

19.1

P/B Ratio (TTM) *

2.3

Day’s High *

520.9

Day’s Low

507.65

DTE *

0.4

ROE *

12.4

52 Week High

567.9

52 Week Low

365.5

ROCE *

15.5

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Apollo Tyres 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 2024511.05
17 Sep 2024518.2
16 Sep 2024526.65
13 Sep 2024526.85
12 Sep 2024517.65
11 Sep 2024523.45
10 Sep 2024518.15
09 Sep 2024512.45
06 Sep 2024507
05 Sep 2024512.05

SWOT Analysis Of Apollo Tyres Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Apollo Tyres Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Apollo Tyres Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Apollo Tyres Ltd232,456
Balkrishna Industries Ltd45858,675
MRF Ltd3877556,901
CEAT Ltd97611,896
JK Tyre & Industries Ltd14011,146
TVS Srichakra Ltd14543,366

Key Valuation Metric of Apollo Tyres 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 Apollo Tyres Ltd

No data available

* All values are in crore

Historical Revenue of Apollo Tyres Ltd

No data available

* All values are in crore

Historical EBITDA of Apollo Tyres Ltd

No data available

* All values are in crore

Historical Net Profit of Apollo Tyres Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Apollo Tyres Ltd News Hub

News

Apollo Tyres Ltd gains for third straight session

Apollo Tyres Ltd is up for a third straight session today. The stock is quoting at Rs 524....

Read more

11 Sep 202413:05

News

Apollo Tyres Ltd gains for fifth session

Apollo Tyres Ltd gained for a fifth straight session today. The stock is quoting at Rs 513...

Read more

05 Sep 202413:00

News

Apollo Tyres slips as Q1 PAT drops 24% YoY to Rs 302 cr

Revenue from operations grew by 1.45% to Rs 6,334.85 crore in Q1 FY25 as compared to Rs 6,...

Read more

08 Aug 202412:59

News

Apollo Tyres to table results

Apollo Tyres will hold a meeting of the Board of Directors of the Company on 7 August 2024...

Read more

02 Aug 202414:13

News

Apollo Tyres Ltd soars 1.71%, rises for third straight session

Apollo Tyres Ltd rose for a third straight session today. The stock is quoting at Rs 561.2...

Read more

30 Jul 202413:05

News

Apollo Tyres Ltd eases for fifth straight session

Apollo Tyres Ltd dropped for a fifth straight session today. The stock is quoting at Rs 52...

Read more

08 Jul 202413:35

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Annual Reports

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May 2022

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Nov 2021

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May 2021

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Nov 2020

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Aug 2020

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July 2020

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FAQs for PB Ratio of Apollo Tyres Ltd

What is the PB ratio of Apollo Tyres Ltd?

The current PB ratio of Apollo Tyres Ltd is 2.34. 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 Apollo Tyres Ltd stocks?

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

The PB ratio of Apollo Tyres 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 Apollo Tyres Ltd?

A high PB ratio suggests that Apollo Tyres 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 Apollo Tyres Ltd?

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

Can Apollo Tyres Ltd PB Ratio change over time?

Yes, the PB ratio of Apollo Tyres 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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