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PB Ratio of Chennai Ferrous Industries Ltd

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Chennai Ferrous Industries Ltd

NSE: CHENNAIFERROUS

PB Ratio

1.8

Last updated on: Feb 05, 2025

Key Highlights

  • The latest PB Ratio of Chennai Ferrous Industries Ltd is 1.8.
  • The PB ratio of the Chennai Ferrous Industries Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Chennai Ferrous Industries Ltd changed from -0.2 on March 2021 to 1.8 on March 2024 . This represents a CAGR of NaN% over 4 years.

Historical P/B Ratio of Chennai Ferrous Industries Ltd

No data available

Company Fundamentals for Chennai Ferrous Industries Ltd

Market Cap

44 Cr

EPS

12.2

P/E Ratio (TTM)

10.1

P/B Ratio (TTM)

1.8

Day’s High

125.9

Day’s Low

120.4

DTE

0.0

ROE

8.7

52 Week High

175.0

52 Week Low

103.0

ROCE

10.6

Market Price of Chennai Ferrous Industries Ltd

1M

1Y

3Y

5Y

Monitoring Chennai Ferrous 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
05 Feb 2025123.4
04 Feb 2025124.9
03 Feb 2025123
01 Feb 2025125.8
31 Jan 2025122.9
30 Jan 2025122.4
29 Jan 2025122.7
28 Jan 2025116.9
27 Jan 2025123.2
24 Jan 2025128.9

SWOT Analysis Of Chennai Ferrous Industries Ltd

Strength

1

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Chennai Ferrous Industries Ltd

Asset Value vs Market Value of Chennai Ferrous Industries Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Chennai Ferrous Industries Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Chennai Ferrous Industries Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

PB Ratio of Chennai Ferrous Industries Ltd Explained

44.48

Market cap

67

Book Value per Share

1.8X

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

FAQs for PB Ratio of Chennai Ferrous Industries Ltd

What is the PB ratio of Chennai Ferrous Industries Ltd?

The current PB ratio of Chennai Ferrous Industries Ltd is 1.84. 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 Chennai Ferrous Industries Ltd stocks?

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

The PB ratio of Chennai Ferrous 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 Chennai Ferrous Industries Ltd?

A high PB ratio suggests that Chennai Ferrous 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 Chennai Ferrous Industries Ltd?

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

Can Chennai Ferrous Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Chennai Ferrous Industries Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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