HomeInsightsPB

Elgi Equipments Ltd PB Ratio

Elgi Equipments Ltd PB Ratio

stocks purchased

₹ 0.5 Cr

Volume transacted

stocks purchased

7.5 K

stocks traded

Last Updated time: 18 Sep 9.00 AM

Image

Elgi Equipments Ltd

NSE: ELGIEQUIP

PB

14.4

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Elgi Equipments Ltd is 14.4 as of 18 Sep 24.
  • The P/B Ratio of Elgi Equipments Ltd changed from 8.5 on March 2022 to 11.8 on March 2024 . This represents a CAGR of 11.55% over 3 years. .

Historical P/B Ratio of Elgi Equipments Ltd

No data available

Company Fundamentals for Elgi Equipments Ltd

Market Cap

23,197 Cr

EPS

10.2

P/E Ratio (TTM) *

71.6

P/B Ratio (TTM) *

14.4

Day’s High *

752.3

Day’s Low

725.0

DTE *

0.4

ROE *

19.4

52 Week High

799.0

52 Week Low

466.45

ROCE *

20.9

Share price Over Time

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 Share Price

Date
leftPriceleft
18 Sep 2024732
17 Sep 2024737.55
16 Sep 2024721.3
13 Sep 2024719
12 Sep 2024729.3
11 Sep 2024726.2
10 Sep 2024720
09 Sep 2024710.85
06 Sep 2024707.95
05 Sep 2024707.55

SWOT Analysis Of Elgi Equipments Ltd

Strength

4

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Elgi Equipments Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Elgi Equipments Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Elgi Equipments Ltd1423,197
Cummins India Ltd2221,04,324
Thermax Ltd29662,149
Carborundum Universal Ltd12028,529
Jyoti CNC Automation Ltd7726,768
Grindwell Norton Ltd18426,246

Key Valuation Metric of Elgi Equipments Ltd

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 Elgi Equipments Ltd

No data available

* All values are in crore

Historical Revenue of Elgi Equipments Ltd

No data available

* All values are in crore

Historical EBITDA of Elgi Equipments Ltd

No data available

* All values are in crore

Historical Net Profit of Elgi Equipments Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Elgi Equipments Ltd News Hub

News

Elgi Equipments grants 6,600 stock options under ESOP

Elgi Equipments has granted 6,600 stock options to the eligible employees of the Company u...

Read more

12 Aug 202413:23

News

Elgi Equipments appoints Chief Information Officer

Elgi Equipments has appointed Gaurav Gupta as Chief Information Officer, Senior Management...

Read more

12 Aug 202413:19

News

Elgi Equipments Ltd Slides 3.15%, BSE Capital Goods index Shed 1.47%

Elgi Equipments Ltd fell 3.15% today to trade at Rs 687.7. The BSE Capital Goods index is ...

Read more

02 Aug 202409:30

News

Volumes jump at Elgi Equipments Ltd counter

Gland Pharma Ltd, Aptus Value Housing Finance India Ltd, Easy Trip Planners Ltd, Glaxosmit...

Read more

23 Jul 202411:00

News

Elgi Equipments to discuss results

Elgi Equipments will hold a meeting of the Board of Directors of the Company on 31 July 20...

Read more

10 Jul 202409:25

News

Elgi Equipments grants 7,400 stock options under ESOP

Elgi Equipments has granted 7,400 stock options under ESOP on 11 June 2024. Powered by Cap...

Read more

11 Jun 202417:26

Document

Annual Reports

Annual Report 2024

dropdown
download

Credit Ratings

Credit Report 2024

dropdown
download

Concalls

Aug 2024

PPT

May 2024

PPT

Feb 2024

PPT

Nov 2023

PPT

Aug 2023

Transcript

May 2023

Transcript

Nov 2022

Transcript

Aug 2022

Transcript

May 2022

Transcript

Feb 2022

Transcript

Nov 2021

Transcript

Aug 2021

Transcript

May 2021

Transcript

Nov 2020

Transcript

Apr 2020

Transcript

Feb 2020

PPT

Jan 2020

Transcript

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 14.4. 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.
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.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*