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PB Ratio of Electrosteel Castings Ltd

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Electrosteel Castings Ltd

NSE: ELECTCAST

PB Ratio

1.4

Last updated on: Jan 23, 2025

Key Highlights

  • The latest PB Ratio of Electrosteel Castings Ltd is 1.4.
  • The PB ratio of the Electrosteel Castings Ltd is below 1.5 which indicates that the stock is fairly valued.
  • The P/B Ratio of Electrosteel Castings Ltd changed from 0.1 on March 2020 to 2.2 on March 2024 . This represents a CAGR of 85.56% over 5 years.

Historical P/B Ratio of Electrosteel Castings Ltd

No data available

Company Fundamentals for Electrosteel Castings Ltd

Market Cap

7,538 Cr

EPS

14.1

P/E Ratio (TTM)

8.6

P/B Ratio (TTM)

1.4

Day’s High

125.6

Day’s Low

121.3

DTE

0.4

ROE

16.0

52 Week High

236.65

52 Week Low

118.45

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
23 Jan 2025121.95
22 Jan 2025123.05
21 Jan 2025125.75
20 Jan 2025127.95
17 Jan 2025126.75
16 Jan 2025127.2
15 Jan 2025124.85
14 Jan 2025125.95
13 Jan 2025119.6
10 Jan 2025126.25

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

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

PB Ratio of Electrosteel Castings Ltd Explained

7538

Market cap

88

Book Value per Share

1.4X

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 Electrosteel Castings Ltd

What is the PB ratio of Electrosteel Castings Ltd?

The current PB ratio of Electrosteel Castings Ltd is 1.39. 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.

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