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Electrosteel Castings Ltd PB Ratio

Electrosteel Castings Ltd PB Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

8.8 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Electrosteel Castings Ltd

NSE: ELECTCAST

PB

1.9

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Electrosteel Castings Ltd is 1.9 as of 07 Nov 24.
  • The P/B Ratio of Electrosteel Castings Ltd changed from 0.6 on March 2022 to 2.2 on March 2024 . This represents a CAGR of 54.20% over 3 years. .

Historical P/B Ratio of Electrosteel Castings Ltd

No data available

Company Fundamentals for Electrosteel Castings Ltd

Market Cap

10,336 Cr

EPS

14.1

P/E Ratio (TTM) *

11.9

P/B Ratio (TTM) *

1.9

Day’s High *

167.5

Day’s Low

164.1

DTE *

0.4

ROE *

16.0

52 Week High

236.65

52 Week Low

91.2

ROCE *

17.0

Market Price Over Time

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
07 Nov 2024167.2
06 Nov 2024168.75
05 Nov 2024164.45
04 Nov 2024165.05
01 Nov 2024170
31 Oct 2024165.2
30 Oct 2024176.45
29 Oct 2024174.05
28 Oct 2024170
25 Oct 2024170.75

SWOT Analysis Of Electrosteel Castings Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Electrosteel Castings Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Electrosteel Castings Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Electrosteel Castings Ltd110,336
Bharat Forge Ltd18267,438
AIA Engineering Ltd64534,695
CIE Automotive India Ltd13218,839
PTC Industries Ltd88217,978
Ramkrishna Forgings Ltd16217,410

Key Valuation Metric of Electrosteel Castings Ltd

Share Price

₹165

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 Electrosteel Castings Ltd

No data available

* All values are in crore

Historical Revenue of Electrosteel Castings Ltd

No data available

* All values are in crore

Historical EBITDA of Electrosteel Castings Ltd

No data available

* All values are in crore

Historical Net Profit of Electrosteel Castings Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Electrosteel Castings Ltd News Hub

News

Electrosteel Castings announces board meeting date

Electrosteel Castings will hold a meeting of the Board of Directors of the Company on 30 O...

Read more

23 Oct 202416:29

News

Electrosteel Castings acquires Singardo International

Electrosteel Castings has acquired 27,65,000 equity shares of S$. 1/- each of Singardo Int...

Read more

07 Oct 202419:30

News

Electrosteel Castings receives credit ratings from India Ratings and Research

Electrosteel Castings has received credit ratings from India Ratings and Research as under...

Read more

03 Sep 202416:18

News

Electrosteel Castings announces planned shutdown of Srikalahasthi unit

Electrosteel Castings will carry out a planned Shutdown of its MBF production facility and...

Read more

17 Aug 202418:12

News

Electrosteel Castings to convene AGM

Electrosteel Castings announced that the Annual General Meeting (AGM) of the company will ...

Read more

03 Aug 202410:50

News

Electrosteel Castings schedules board meeting

Electrosteel Castings will hold a meeting of the Board of Directors of the Company on 31 J...

Read more

24 Jul 202416:06

Document

Annual Reports

Annual Report 2024

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Credit Ratings

Credit Report 2024

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Concalls

Aug 2024

PPT

Aug 2022

Transcript

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 1.9. 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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