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Garg Furnace Ltd PB Ratio

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Garg Furnace Ltd

NSE: GARGFURNACE

PB

2.1

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Garg Furnace Ltd is 2.1.
  • The PB ratio of the Garg Furnace Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Garg Furnace Ltd changed from 0.4 on March 2020 to 4.1 on March 2024 . This represents a CAGR of 59.27% over 5 years.

Historical P/B Ratio of Garg Furnace Ltd

No data available

Company Fundamentals for Garg Furnace Ltd

Market Cap

161 Cr

EPS

12.6

P/E Ratio (TTM)

23.6

P/B Ratio (TTM)

2.1

Day’s High

308.0

Day’s Low

277.75

DTE

0.0

ROE

10.9

52 Week High

441.2

52 Week Low

140.9

ROCE

10.9

Market Price of Garg Furnace Ltd

1M

1Y

3Y

5Y

Monitoring Garg Furnace 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 Nov 2024298
21 Nov 2024285.3
19 Nov 2024297.65
18 Nov 2024290.65
14 Nov 2024309.85

SWOT Analysis Of Garg Furnace Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Garg Furnace Ltd

Asset Value vs Market Value of Garg Furnace Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Garg Furnace Ltd2.06
JSW Steel Ltd319.8
Tata Steel Ltd112.7
Jindal Steel & Power Ltd475.6
Tube Investments of India Ltd220.3

Historical Market Cap of Garg Furnace Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Garg Furnace Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Garg Furnace Ltd

What is the PB ratio of Garg Furnace Ltd?

The current PB ratio of Garg Furnace Ltd is 2.06. 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 Garg Furnace Ltd stocks?

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

The PB ratio of Garg Furnace 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 Garg Furnace Ltd?

A high PB ratio suggests that Garg Furnace 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 Garg Furnace Ltd?

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

Can Garg Furnace Ltd PB Ratio change over time?

Yes, the PB ratio of Garg Furnace 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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