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Balkrishna Industries Ltd PB Ratio

Balkrishna Industries Ltd PB Ratio

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₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.2 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Balkrishna Industries Ltd

NSE: BALKRISIND

PB

5.9

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Balkrishna Industries Ltd is 5.9 as of 07 Nov 24.
  • The P/B Ratio of Balkrishna Industries Ltd changed from 6 on March 2022 to 5.1 on March 2024 . This represents a CAGR of -5.27% over 3 years. .

Historical P/B Ratio of Balkrishna Industries Ltd

No data available

Company Fundamentals for Balkrishna Industries Ltd

Market Cap

55,409 Cr

EPS

84.3

P/E Ratio (TTM) *

34.0

P/B Ratio (TTM) *

5.9

Day’s High *

2869.5

Day’s Low

2839.1

DTE *

0.3

ROE *

17.3

52 Week High

3377.95

52 Week Low

2193.85

ROCE *

18.0

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Balkrishna Industries 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 20242866.25
06 Nov 20242869.45
05 Nov 20242792.75
04 Nov 20242792.2
01 Nov 20242853.8
31 Oct 20242838.65
30 Oct 20242881.95
29 Oct 20242898.2
28 Oct 20242927.2
25 Oct 20242903.5

SWOT Analysis Of Balkrishna Industries Ltd

Strength

4

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Balkrishna Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Balkrishna Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Balkrishna Industries Ltd555,409
MRF Ltd3860051,286
Apollo Tyres Ltd16331,590
CEAT Ltd101711,613
JK Tyre & Industries Ltd14710,570
TVS Srichakra Ltd14492,953

Key Valuation Metric of Balkrishna Industries Ltd

Share Price

₹2,860

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 Balkrishna Industries Ltd

No data available

* All values are in crore

Historical Revenue of Balkrishna Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Balkrishna Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Balkrishna Industries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Balkrishna Industries Ltd News Hub

News

Volumes spurt at Balkrishna Industries Ltd counter

Interglobe Aviation Ltd, Poonawalla Fincorp Ltd, Supreme Industries Ltd, C.E. Info Systems...

Read more

28 Oct 202411:00

News

Balkrishna Inds gains as Q2 PAT rises 4% YoY to Rs 350 cr; declares dividend of Rs 4/- share

Profit before tax stood at Rs 465.32 crore in second quarter of FY25, up 4.84% from Rs 465...

Read more

28 Oct 202411:20

News

Balkrishna Industries Ltd eases for fifth straight session

Balkrishna Industries Ltd dropped for a fifth straight session today. The stock is quoting...

Read more

25 Oct 202413:35

News

Board of Balkrishna Industries recommends Second Interim Dividend

Balkrishna Industries announced that the Board of Directors of the Company at its meeting ...

Read more

25 Oct 202417:58

News

Balkrishna Industries to declare Quarterly Result

Balkrishna Industries will hold a meeting of the Board of Directors of the Company on 25 O...

Read more

21 Oct 202414:07

News

Balkrishna Inds commissions advanced carbon material manufacturing facility

In February 2021, the board of the company had approved a proposal to to enhance the insta...

Read more

20 Sep 202411:33

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FAQs for PB Ratio of Balkrishna Industries Ltd

What is the PB ratio of Balkrishna Industries Ltd?

The current PB ratio of Balkrishna Industries Ltd is 5.9. 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 Balkrishna Industries Ltd stocks?

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

The PB ratio of Balkrishna Industries 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 Balkrishna Industries Ltd?

A high PB ratio suggests that Balkrishna Industries 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 Balkrishna Industries Ltd?

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

Can Balkrishna Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Balkrishna Industries 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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