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Balu Forge Industries Ltd PB Ratio

Balu Forge Industries Ltd PB Ratio

stocks purchased

₹ 8.8 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

109.8 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Balu Forge Industries Ltd

NSE: BALUFORGE

PB

9.6

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Balu Forge Industries Ltd is 9.6 as of 07 Nov 24.
  • The P/B Ratio of Balu Forge Industries Ltd changed from 6.2 on March 2022 to 4 on March 2024 . This represents a CAGR of -13.59% over 3 years. .

Historical P/B Ratio of Balu Forge Industries Ltd

No data available

Company Fundamentals for Balu Forge Industries Ltd

Market Cap

8,805 Cr

EPS

12.4

P/E Ratio (TTM) *

64.7

P/B Ratio (TTM) *

9.6

Day’s High *

820.05

Day’s Low

789.5

DTE *

0.1

ROE *

14.9

52 Week High

890.0

52 Week Low

154.55

ROCE *

18.8

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Balu Forge 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 2024804.6
06 Nov 2024783.05
05 Nov 2024729.65
04 Nov 2024734
01 Nov 2024758.75
31 Oct 2024750.9
30 Oct 2024745.7
29 Oct 2024731.6
28 Oct 2024734.8
25 Oct 2024692.9

SWOT Analysis Of Balu Forge Industries Ltd

Strength

4

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Balu Forge Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Balu Forge Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Balu Forge Industries Ltd98,805
Bharat Forge Ltd18467,438
AIA Engineering Ltd65234,695
CIE Automotive India Ltd13418,839
PTC Industries Ltd88017,978
Ramkrishna Forgings Ltd16117,410

Key Valuation Metric of Balu Forge Industries Ltd

Share Price

₹805

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 Balu Forge Industries Ltd

No data available

* All values are in crore

Historical Revenue of Balu Forge Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Balu Forge Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Balu Forge Industries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Balu Forge Industries Ltd News Hub

News

Balu Forge Industries to hold board meeting

Balu Forge Industries will hold a meeting of the Board of Directors of the Company on 21 O...

Read more

15 Oct 202410:27

News

Balu Forge Industries acquires 7 Axis CNC machines

Balu Forge Industries has acquired 7 Axis CNC machines. The major focus area for this acqu...

Read more

24 Sep 202415:58

News

Balu Forge Industries schedules AGM

Balu Forge Industries announced that the Annual General Meeting (AGM) of the company will ...

Read more

11 Sep 202417:20

News

Board of Balu Forge Industries recommends final dividend

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

Read more

30 Jul 202417:10

News

Balu Forge Industries to hold board meeting

Balu Forge Industries will hold a meeting of the Board of Directors of the Company on 30 J...

Read more

25 Jul 202409:45

News

Balu Forge Industries to conduct EGM

Balu Forge Industries announced that an Extra Ordinary General Meeting (EGM) of the Compan...

Read more

19 Jul 202410:50

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Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Balu Forge Industries Ltd

What is the PB ratio of Balu Forge Industries Ltd?

The current PB ratio of Balu Forge Industries Ltd is 9.64. 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 Balu Forge Industries Ltd stocks?

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

The PB ratio of Balu Forge 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 Balu Forge Industries Ltd?

A high PB ratio suggests that Balu Forge 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 Balu Forge Industries Ltd?

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

Can Balu Forge Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Balu Forge 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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