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Bombay Wire Ropes Ltd PB Ratio

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Bombay Wire Ropes Ltd

NSE: BOMBAYWIRE

PB

3.7

Last updated on: 25 Nov 24

Key Highlights

  • The latest PB Ratio of Bombay Wire Ropes Ltd is 3.7.
  • The PB ratio of the Bombay Wire Ropes Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Bombay Wire Ropes Ltd changed from 0.2 on March 2021 to 2.9 on March 2024 . This represents a CAGR of 95.14% over 4 years.

Historical P/B Ratio of Bombay Wire Ropes Ltd

No data available

Company Fundamentals for Bombay Wire Ropes Ltd

Market Cap

32 Cr

EPS

0.0

P/E Ratio (TTM)

0.0

P/B Ratio (TTM)

3.7

Day’s High

65.0

Day’s Low

60.79

DTE

0.0

ROE

-4.0

52 Week High

93.99

52 Week Low

32.01

ROCE

-5.7

Market Price of Bombay Wire Ropes Ltd

1M

1Y

3Y

5Y

Monitoring Bombay Wire Ropes 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
25 Nov 202461.28
22 Nov 202460.6
21 Nov 202458.15
19 Nov 202461.19
18 Nov 202457.03

SWOT Analysis Of Bombay Wire Ropes Ltd

Strength

0

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Bombay Wire Ropes Ltd

Asset Value vs Market Value of Bombay Wire Ropes Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Bombay Wire Ropes Ltd3.65
JSW Steel Ltd319.8
Tata Steel Ltd112.7
Jindal Steel & Power Ltd475.6
Tube Investments of India Ltd220.3

Historical Market Cap of Bombay Wire Ropes Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Bombay Wire Ropes Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Bombay Wire Ropes Ltd

What is the PB ratio of Bombay Wire Ropes Ltd?

The current PB ratio of Bombay Wire Ropes Ltd is 3.65. 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 Bombay Wire Ropes Ltd stocks?

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

The PB ratio of Bombay Wire Ropes 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 Bombay Wire Ropes Ltd?

A high PB ratio suggests that Bombay Wire Ropes 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 Bombay Wire Ropes Ltd?

A low PB ratio of Bombay Wire Ropes Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Bombay Wire Ropes Ltd PB Ratio change over time?

Yes, the PB ratio of Bombay Wire Ropes 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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