HomeInsightsPB

Evans Electric Ltd PB Ratio

Evans Electric Ltd PB Ratio

stocks purchased

₹ 0.2 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

5.5 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

Image

Evans Electric Ltd

NSE: EVANSELECTRIC

PB

6.6

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Evans Electric Ltd is 6.6 as of 07 Nov 24.
  • The P/B Ratio of Evans Electric Ltd changed from 1.1 on March 2022 to 3 on March 2024 . This represents a CAGR of 39.71% over 3 years. .

Historical P/B Ratio of Evans Electric Ltd

No data available

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Evans Electric 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 2024466.45
06 Nov 2024427.3
05 Nov 2024457.2
04 Nov 2024458
01 Nov 2024381.7
31 Oct 2024374.1
30 Oct 2024363.55
29 Oct 2024303
28 Oct 2024304
25 Oct 2024283

SWOT Analysis Of Evans Electric Ltd

Strength

1

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Evans Electric Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Evans Electric Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Evans Electric Ltd

Share Price

₹420

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 Evans Electric Ltd

No data available

* All values are in crore

Historical Revenue of Evans Electric Ltd

No data available

* All values are in crore

Historical EBITDA of Evans Electric Ltd

No data available

* All values are in crore

Historical Net Profit of Evans Electric Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Evans Electric Ltd News Hub

News

Evans Electric to hold board meeting

Evans Electric will hold a meeting of the Board of Directors of the Company on 7 November ...

Read more

30 Oct 202416:56

News

Board of Evans Electric recommends final dividend

Evans Electric announced that the Board of Directors of the Company at its meeting held on...

Read more

13 Aug 202416:39

News

Evans Electric to convene AGM

Evans Electric announced that the 73th Annual General Meeting (AGM) of the company will be...

Read more

13 Aug 202416:39

News

Evans Electric to discuss results

Evans Electric will hold a meeting of the Board of Directors of the Company on 13 August 2...

Read more

10 Aug 202414:05

News

Evans Electric to hold board meeting

Evans Electric will hold a meeting of the Board of Directors of the Company on 28 May 2024...

Read more

24 May 202411:43

News

Evans Electric to hold board meeting

Evans Electric will hold a meeting of the Board of Directors of the Company on 13 February...

Read more

08 Feb 202415:51

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

Data not available

FAQs for PB Ratio of Evans Electric Ltd

What is the PB ratio of Evans Electric Ltd?

The current PB ratio of Evans Electric Ltd is 0.0. 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 Evans Electric Ltd stocks?

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

The PB ratio of Evans Electric 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 Evans Electric Ltd?

A high PB ratio suggests that Evans Electric 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 Evans Electric Ltd?

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

Can Evans Electric Ltd PB Ratio change over time?

Yes, the PB ratio of Evans Electric 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*