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Elecon Engineering Company Ltd PB Ratio

Elecon Engineering Company Ltd PB Ratio

stocks purchased

₹ 0.3 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

5.0 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Elecon Engineering Company Ltd

NSE: ELECON

PB

7.6

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Elecon Engineering Company Ltd is 7.6 as of 07 Nov 24.
  • The P/B Ratio of Elecon Engineering Company Ltd changed from 1.5 on March 2022 to 6.6 on March 2024 . This represents a CAGR of 63.86% over 3 years. .

Historical P/B Ratio of Elecon Engineering Company Ltd

No data available

Company Fundamentals for Elecon Engineering Company Ltd

Market Cap

13,330 Cr

EPS

15.8

P/E Ratio (TTM) *

37.5

P/B Ratio (TTM) *

7.6

Day’s High *

594.05

Day’s Low

580.2

DTE *

0.1

ROE *

20.2

52 Week High

738.85

52 Week Low

395.05

ROCE *

24.7

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Elecon Engineering Company 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
07 Nov 2024594.05
06 Nov 2024610.8
05 Nov 2024579.7
04 Nov 2024584.9
01 Nov 2024582.2
31 Oct 2024574.7
30 Oct 2024551.4
29 Oct 2024548.65
28 Oct 2024562.6
25 Oct 2024541.75

SWOT Analysis Of Elecon Engineering Company Ltd

Strength

4

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Elecon Engineering Company Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Elecon Engineering Company Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Elecon Engineering Company Ltd713,330
Cummins India Ltd22598,572
Thermax Ltd30060,754
Carborundum Universal Ltd12627,194
Jyoti CNC Automation Ltd7626,182
Grindwell Norton Ltd18324,264

Key Valuation Metric of Elecon Engineering Company Ltd

Share Price

₹585

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

Historical Market Cap of Elecon Engineering Company Ltd

No data available

* All values are in crore

Historical Revenue of Elecon Engineering Company Ltd

No data available

* All values are in crore

Historical EBITDA of Elecon Engineering Company Ltd

No data available

* All values are in crore

Historical Net Profit of Elecon Engineering Company Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Elecon Engineering Company Ltd News Hub

News

Board of Elecon Engineering Company recommends Interim Dividend

Elecon Engineering Company announced that the Board of Directors of the Company at its mee...

Read more

18 Oct 202417:26

News

Elecon Engg drops after PAT slides 1% YoY to Rs 88 cr in Q2 FY25

Revenue from operations jumped 4.79% YoY to Rs 508.14 crore during the quarter. Profit bef...

Read more

18 Oct 202415:08

News

Elecon Engineering Company declare Quarterly Result

Elecon Engineering Company will hold a meeting of the Board of Directors of the Company on...

Read more

07 Oct 202414:06

News

Elecon Engineering Company receives revision in credit rating

Elecon Engineering Company has received upgrade in long term rating at ICRA AA; Stable (re...

Read more

25 Jul 202418:20

News

Elecon Engineering Company fixes record date for stock split

Elecon Engineering Company has fixed 19 July 2024 as record date for stock split of equity...

Read more

04 Jul 202420:19

News

Elecon Engineering Company to conduct board meeting

Elecon Engineering Company will hold a meeting of the Board of Directors of the Company on...

Read more

29 Jun 202417:39

Document

Annual Reports

Annual Report 2024

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Credit Ratings

Credit Report 2024

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Concalls

July 2024

TranscriptPPT

July 2023

TranscriptPPT

Apr 2023

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July 2022

TranscriptPPT

June 2021

Transcript

Oct 2020

Transcript

FAQs for PB Ratio of Elecon Engineering Company Ltd

What is the PB ratio of Elecon Engineering Company Ltd?

The current PB ratio of Elecon Engineering Company Ltd is 7.6. 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 Elecon Engineering Company Ltd stocks?

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

The PB ratio of Elecon Engineering Company 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 Elecon Engineering Company Ltd?

A high PB ratio suggests that Elecon Engineering Company 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 Elecon Engineering Company Ltd?

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

Can Elecon Engineering Company Ltd PB Ratio change over time?

Yes, the PB ratio of Elecon Engineering Company 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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