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Ceat Ltd PB Ratio

Ceat Ltd PB Ratio

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₹ 4.0 Cr

Volume transacted

stocks purchased

13.5 K

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Last Updated time: 18 Sep 9.00 AM

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CEAT Ltd

NSE: CEATLTD

PB

2.9

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of CEAT Ltd is 2.9 as of 18 Sep 24.
  • The P/B Ratio of CEAT Ltd changed from 1.1 on March 2022 to 2.7 on March 2024 . This represents a CAGR of 34.89% over 3 years. .

Historical P/B Ratio of CEAT Ltd

No data available

Company Fundamentals for CEAT Ltd

Market Cap

11,895 Cr

EPS

169.5

P/E Ratio (TTM) *

17.4

P/B Ratio (TTM) *

2.9

Day’s High *

3004.0

Day’s Low

2925.0

DTE *

0.4

ROE *

15.9

52 Week High

3071.0

52 Week Low

2055.05

ROCE *

18.9

Share price Over Time

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 Share Price

Date
leftPriceleft
18 Sep 20242940.9
17 Sep 20242967.75
16 Sep 20242991.15
13 Sep 20243003.15
12 Sep 20242881.85
11 Sep 20242855.9
10 Sep 20242843.65
09 Sep 20242850.35
06 Sep 20242859.25
05 Sep 20242890.5

SWOT Analysis Of CEAT Ltd

Strength

1

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for CEAT Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of CEAT Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
CEAT Ltd211,895
Balkrishna Industries Ltd45858,675
MRF Ltd3877556,901
Apollo Tyres Ltd16432,457
JK Tyre & Industries Ltd14011,146
TVS Srichakra Ltd14543,366

Key Valuation Metric of CEAT Ltd

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 CEAT Ltd

No data available

* All values are in crore

Historical Revenue of CEAT Ltd

No data available

* All values are in crore

Historical EBITDA of CEAT Ltd

No data available

* All values are in crore

Historical Net Profit of CEAT Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

CEAT Ltd News Hub

News

CEAT to convene AGM

CEAT announced that the Annual General Meeting (AGM) of the company will be held on 29 Aug...

Read more

27 Jul 202416:58

News

CEAT schedules board meeting

CEAT will hold a meeting of the Board of Directors of the Company on 18 July 2024. Powered...

Read more

10 Jul 202417:46

News

CEAT appoints director

CEAT has appointment of Praveen Pardeshi (Pravinsingh Pardeshi) (DIN: 01658052) as an Addi...

Read more

17 Jun 202417:06

News

CEAT slips as Q4 PAT slides 19% YoY; declares dividend of Rs 30/ share

Revenue from operations increased 4.07% to Rs 2,991.85 crore in Q4 FY24 as against revenue...

Read more

03 May 202411:33

News

Board of CEAT recommends final dividend

CEAT announced that the Board of Directors of the Company at its meeting held on 2 May 202...

Read more

02 May 202420:19

News

CEAT to discuss results

CEAT will hold a meeting of the Board of Directors of the Company on 2 May 2024. Powered b...

Read more

20 Apr 202412:59

Document

Annual Reports

Annual Report 2024

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Credit Ratings

Credit Report 2024

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Concalls

July 2024

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FAQs for PB Ratio of CEAT Ltd

What is the PB ratio of CEAT Ltd?

The current PB ratio of CEAT Ltd is 2.94. 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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