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PB Ratio of True Green Bio Energy Ltd

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True Green Bio Energy Ltd

NSE: CNOVAPETRO

PB Ratio

3.2

Last updated on: Jan 14, 2025

Key Highlights

  • The latest PB Ratio of True Green Bio Energy Ltd is 3.2.
  • The PB ratio of the True Green Bio Energy Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of True Green Bio Energy Ltd changed from 0.3 on March 2020 to 0.9 on March 2024 . This represents a CAGR of 24.57% over 5 years.

Historical P/B Ratio of True Green Bio Energy Ltd

No data available

Company Fundamentals for True Green Bio Energy Ltd

Market Cap

283 Cr

EPS

0.0

P/E Ratio (TTM)

0.0

P/B Ratio (TTM)

3.2

Day’s High

106.8

Day’s Low

105.25

DTE

1.1

ROE

-2.1

52 Week High

120.68

52 Week Low

25.72

ROCE

-0.8

Market Price of True Green Bio Energy Ltd

1M

1Y

3Y

5Y

Monitoring True Green Bio Energy 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
14 Jan 2025104.75
13 Jan 2025106.85
10 Jan 2025109
09 Jan 2025111.2
08 Jan 2025113.35

SWOT Analysis

Strength

0

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for True Green Bio Energy Ltd

Asset Value vs Market Value of True Green Bio Energy Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of True Green Bio Energy Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of True Green Bio Energy Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

PB Ratio of True Green Bio Energy Ltd Explained

``

283.87

Market cap

33

Book Value per Share

3.2X

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 True Green Bio Energy Ltd

What is the PB ratio of True Green Bio Energy Ltd?

The current PB ratio of True Green Bio Energy Ltd is 3.2. 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 True Green Bio Energy Ltd stocks?

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

The PB ratio of True Green Bio Energy 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 True Green Bio Energy Ltd?

A high PB ratio suggests that True Green Bio Energy 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 True Green Bio Energy Ltd?

A low PB ratio of True Green Bio Energy Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can True Green Bio Energy Ltd PB Ratio change over time?

Yes, the PB ratio of True Green Bio Energy Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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