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PB Ratio of Elgi Equipments Ltd

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Elgi Equipments Ltd

NSE: ELGIEQUIP

PB Ratio

10.4

Last updated on: Jan 22, 2025

Key Highlights

  • The latest PB Ratio of Elgi Equipments Ltd is 10.4.
  • The PB ratio of the Elgi Equipments Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Elgi Equipments Ltd changed from 2.3 on March 2020 to 11.8 on March 2024 . This represents a CAGR of 38.69% over 5 years.

Historical P/B Ratio of Elgi Equipments Ltd

No data available

Company Fundamentals for Elgi Equipments Ltd

Market Cap

17,872 Cr

EPS

10.3

P/E Ratio (TTM)

51.1

P/B Ratio (TTM)

9.7

Day’s High

569.0

Day’s Low

529.1

DTE

0.3

ROE

19.0

52 Week High

799.0

52 Week Low

513.3

ROCE

21.8

Market Price of Elgi Equipments Ltd

1M

1Y

3Y

5Y

Monitoring Elgi Equipments 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 Jan 2025563.95
21 Jan 2025528.15
20 Jan 2025546.75
17 Jan 2025531.9
16 Jan 2025533.9

SWOT Analysis Of Elgi Equipments Ltd

Strength

4

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Elgi Equipments Ltd

Asset Value vs Market Value of Elgi Equipments Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Elgi Equipments Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Elgi Equipments Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

PB Ratio of Elgi Equipments Ltd Explained

``

16737

Market cap

54

Book Value per Share

9.7X

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 Elgi Equipments Ltd

What is the PB ratio of Elgi Equipments Ltd?

The current PB ratio of Elgi Equipments Ltd is 9.72. 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 Elgi Equipments Ltd stocks?

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

The PB ratio of Elgi Equipments 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 Elgi Equipments Ltd?

A high PB ratio suggests that Elgi Equipments 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 Elgi Equipments Ltd?

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

Can Elgi Equipments Ltd PB Ratio change over time?

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

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