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Elgi Equipments Ltd PB Ratio

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Elgi Equipments Ltd

NSE: ELGIEQUIP

PB

10.2

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Elgi Equipments Ltd is 10.2.
  • 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 5 on March 2019 to 11.8 on March 2024 . This represents a CAGR of 15.39% over 6 years.

Historical P/B Ratio of Elgi Equipments Ltd

No data available

Company Fundamentals for Elgi Equipments Ltd

Market Cap

17,537 Cr

EPS

10.3

P/E Ratio (TTM)

53.5

P/B Ratio (TTM)

10.2

Day’s High

573.0

Day’s Low

550.8

DTE

0.3

ROE

19.0

52 Week High

799.0

52 Week Low

503.05

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
21 Nov 2024553.4
19 Nov 2024557.9
18 Nov 2024559.6
14 Nov 2024584.05
13 Nov 2024570.75

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

Company
leftPBright
Elgi Equipments Ltd10.18
Cummins India Ltd235.2
Thermax Ltd311.0
Jyoti CNC Automation Ltd85.7
Carborundum Universal Ltd125.8

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

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 10.18. 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.
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