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Electrosteel Castings Ltd PB Ratio

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Electrosteel Castings Ltd

NSE: ELECTCAST

PB

1.6

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Electrosteel Castings Ltd is 1.6.
  • The PB ratio of the Electrosteel Castings Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Electrosteel Castings Ltd changed from 0.3 on March 2019 to 2.2 on March 2024 . This represents a CAGR of 39.39% over 6 years.

Historical P/B Ratio of Electrosteel Castings Ltd

No data available

Company Fundamentals for Electrosteel Castings Ltd

Market Cap

8,954 Cr

EPS

14.1

P/E Ratio (TTM)

10.3

P/B Ratio (TTM)

1.6

Day’s High

147.0

Day’s Low

143.9

DTE

0.4

ROE

16.0

52 Week High

236.65

52 Week Low

106.05

ROCE

17.0

Market Price of Electrosteel Castings Ltd

1M

1Y

3Y

5Y

Monitoring Electrosteel Castings 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 2024144.85
21 Nov 2024144
19 Nov 2024147.3
18 Nov 2024145.8
14 Nov 2024144.3

SWOT Analysis Of Electrosteel Castings Ltd

Strength

2

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Electrosteel Castings Ltd

Asset Value vs Market Value of Electrosteel Castings Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Electrosteel Castings Ltd1.65
Bharat Forge Ltd189.5
AIA Engineering Ltd652.5
PTC Industries Ltd872.7
Ramkrishna Forgings Ltd161.1

Historical Market Cap of Electrosteel Castings Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Electrosteel Castings Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Electrosteel Castings Ltd

What is the PB ratio of Electrosteel Castings Ltd?

The current PB ratio of Electrosteel Castings Ltd is 1.65. 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 Electrosteel Castings Ltd stocks?

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

The PB ratio of Electrosteel Castings 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 Electrosteel Castings Ltd?

A high PB ratio suggests that Electrosteel Castings 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 Electrosteel Castings Ltd?

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

Can Electrosteel Castings Ltd PB Ratio change over time?

Yes, the PB ratio of Electrosteel Castings 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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