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Ashok Leyland Ltd PB Ratio

Ashok Leyland Ltd PB Ratio

stocks purchased

₹ 6.3 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

294.2 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Ashok Leyland Ltd

NSE: ASHOKLEY

PB

7

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Ashok Leyland Ltd is 7 as of 07 Nov 24.
  • The P/B Ratio of Ashok Leyland Ltd changed from 4.7 on March 2022 to 5.6 on March 2024 . This represents a CAGR of 6.01% over 3 years. .

Historical P/B Ratio of Ashok Leyland Ltd

No data available

Company Fundamentals for Ashok Leyland Ltd

Market Cap

63,368 Cr

EPS

8.5

P/E Ratio (TTM) *

25.3

P/B Ratio (TTM) *

7.0

Day’s High *

218.75

Day’s Low

213.85

DTE *

4.5

ROE *

27.6

52 Week High

264.7

52 Week Low

157.65

ROCE *

14.1

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Ashok Leyland 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 2024215.8
06 Nov 2024215.8
05 Nov 2024211.7
04 Nov 2024208.7
01 Nov 2024209.05
31 Oct 2024208.3
30 Oct 2024209.9
29 Oct 2024208.05
28 Oct 2024211.85
25 Oct 2024214.4

SWOT Analysis Of Ashok Leyland Ltd

Strength

3

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Ashok Leyland Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Ashok Leyland Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Ashok Leyland Ltd763,368
Mahindra & Mahindra Ltd4513,59,386
Maruti Suzuki India Ltd27773,55,311
Tata Motors Ltd813,01,768
Bajaj Auto Ltd9782,75,377
Hyundai Motor India Ltd1261,48,959

Key Valuation Metric of Ashok Leyland Ltd

Share Price

₹216

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 Ashok Leyland Ltd

No data available

* All values are in crore

Historical Revenue of Ashok Leyland Ltd

No data available

* All values are in crore

Historical EBITDA of Ashok Leyland Ltd

No data available

* All values are in crore

Historical Net Profit of Ashok Leyland Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Ashok Leyland Ltd News Hub

News

Ashok Leyland records 9% dip in October sales volumes

Ashok Leyland has recorded 9% decline in sales volumes in month of October 2024. The compa...

Read more

04 Nov 202409:57

News

Ashok Leyland slides as total sales slips 9% YoY in Oct'24

Domestic sales stood at 14,067 units in October 2024, down 11% as compared with 15,759 uni...

Read more

04 Nov 202410:20

News

Ashok Leyland to declare Quarterly Result

Ashok Leyland will hold a meeting of the Board of Directors of the Company on 8 November 2...

Read more

25 Oct 202416:11

News

Ashok Leyland gains after subsidiary bags order for 500 e-buses from MTC, Chennai

OHM is Ashok Leyland's electric mobility arm, focused on mobility-as-a-service business. T...

Read more

24 Oct 202410:50

News

Ashok Leyland commences delivery of electric vehicles to BillionE

Ashok Leyland today with Billion Electric Mobility (member of Group BillionE), flagged off...

Read more

07 Oct 202414:40

News

Ashok Leyland bags supply order of electric trucks from Billion Electric Mobility

The project entails supply of 180 electric trucks, involves boss electric vehicle and AVTR...

Read more

07 Oct 202415:13

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FAQs for PB Ratio of Ashok Leyland Ltd

What is the PB ratio of Ashok Leyland Ltd?

The current PB ratio of Ashok Leyland Ltd is 7.04. 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 Ashok Leyland Ltd stocks?

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

The PB ratio of Ashok Leyland 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 Ashok Leyland Ltd?

A high PB ratio suggests that Ashok Leyland 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 Ashok Leyland Ltd?

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

Can Ashok Leyland Ltd PB Ratio change over time?

Yes, the PB ratio of Ashok Leyland 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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