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Ceat Ltd PB Ratio

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CEAT Ltd

NSE: CEATLTD

PB

2.7

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of CEAT Ltd is 2.7.
  • The PB ratio of the CEAT Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of CEAT Ltd changed from 1.6 on March 2019 to 2.7 on March 2024 . This represents a CAGR of 9.11% over 6 years.

Historical P/B Ratio of CEAT Ltd

No data available

Company Fundamentals for CEAT Ltd

Market Cap

11,515 Cr

EPS

148.2

P/E Ratio (TTM)

18.6

P/B Ratio (TTM)

2.7

Day’s High

2867.9

Day’s Low

2749.3

DTE

0.5

ROE

13.5

52 Week High

3262.2

52 Week Low

2069.4

ROCE

15.7

Market Price of CEAT Ltd

1M

1Y

3Y

5Y

Monitoring CEAT 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
22 Nov 20242846.9
21 Nov 20242754.2
19 Nov 20242826.7
18 Nov 20242758.4
14 Nov 20242779.45

SWOT Analysis Of CEAT Ltd

Strength

1

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for CEAT Ltd

Asset Value vs Market Value of CEAT Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
CEAT Ltd2.65
Balkrishna Industries Ltd486.5
MRF Ltd40991.5
Apollo Tyres Ltd163.7
JK Tyre & Industries Ltd147.6

Historical Market Cap of CEAT Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of CEAT Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of CEAT Ltd

What is the PB ratio of CEAT Ltd?

The current PB ratio of CEAT Ltd is 2.65. 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 CEAT Ltd stocks?

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

The PB ratio of CEAT 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 CEAT Ltd?

A high PB ratio suggests that CEAT 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 CEAT Ltd?

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

Can CEAT Ltd PB Ratio change over time?

Yes, the PB ratio of CEAT 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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