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Garware Technical Fibres Ltd PB Ratio

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Garware Technical Fibres Ltd

NSE: GARFIBRES

PB

8.1

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Garware Technical Fibres Ltd is 8.1.
  • The PB ratio of the Garware Technical Fibres Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Garware Technical Fibres Ltd changed from 3.8 on March 2019 to 5.5 on March 2024 . This represents a CAGR of 6.36% over 6 years.

Historical P/B Ratio of Garware Technical Fibres Ltd

No data available

Company Fundamentals for Garware Technical Fibres Ltd

Market Cap

9,116 Cr

EPS

113.6

P/E Ratio (TTM)

40.4

P/B Ratio (TTM)

8.1

Day’s High

4716.75

Day’s Low

4549.55

DTE

0.1

ROE

20.1

52 Week High

4782.35

52 Week Low

3116.1

ROCE

24.8

Market Price of Garware Technical Fibres Ltd

1M

1Y

3Y

5Y

Monitoring Garware Technical Fibres 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 20244591.85
19 Nov 20244427.15
18 Nov 20244691.2
14 Nov 20243951.6
13 Nov 20243819.2

SWOT Analysis Of Garware Technical Fibres Ltd

Strength

5

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Garware Technical Fibres Ltd

Asset Value vs Market Value of Garware Technical Fibres Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Garware Technical Fibres Ltd8.12
Grasim Industries Ltd857.5
Trident Ltd7.1
Welspun Living Ltd38.7
Vardhman Textiles Ltd316.6

Historical Market Cap of Garware Technical Fibres Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Garware Technical Fibres Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Garware Technical Fibres Ltd

What is the PB ratio of Garware Technical Fibres Ltd?

The current PB ratio of Garware Technical Fibres Ltd is 8.12. 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 Garware Technical Fibres Ltd stocks?

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

The PB ratio of Garware Technical Fibres 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 Garware Technical Fibres Ltd?

A high PB ratio suggests that Garware Technical Fibres 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 Garware Technical Fibres Ltd?

A low PB ratio of Garware Technical Fibres Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Garware Technical Fibres Ltd PB Ratio change over time?

Yes, the PB ratio of Garware Technical Fibres 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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