Home

Happy Forgings Ltd PB Ratio

Image

Happy Forgings Ltd

NSE: HAPPYFORGE

PB

5.9

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Happy Forgings Ltd is 5.9.
  • The PB ratio of the Happy Forgings Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Happy Forgings Ltd changed from 5.2 on March 2024 to 5.2 on March 2024 . This represents a CAGR of 0.00% over 1 years.

Historical P/B Ratio of Happy Forgings Ltd

No data available

Company Fundamentals for Happy Forgings Ltd

Market Cap

10,034 Cr

EPS

27.5

P/E Ratio (TTM)

38.8

P/B Ratio (TTM)

5.9

Day’s High

1070.1

Day’s Low

1043.0

DTE

0.1

ROE

15.1

52 Week High

1298.95

52 Week Low

813.55

ROCE

19.1

Market Price of Happy Forgings Ltd

1M

1Y

3Y

5Y

Monitoring Happy Forgings 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 20241065.2
21 Nov 20241062.8
19 Nov 20241077.6
18 Nov 20241067.05
14 Nov 20241079.15

SWOT Analysis Of Happy Forgings Ltd

Strength

5

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Happy Forgings Ltd

Asset Value vs Market Value of Happy Forgings Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Happy Forgings Ltd5.87
Bharat Forge Ltd189.5
AIA Engineering Ltd652.5
PTC Industries Ltd872.7
Ramkrishna Forgings Ltd161.1

Historical Market Cap of Happy Forgings Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Happy Forgings Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Happy Forgings Ltd

What is the PB ratio of Happy Forgings Ltd?

The current PB ratio of Happy Forgings Ltd is 5.87. 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 Happy Forgings Ltd stocks?

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

The PB ratio of Happy Forgings 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 Happy Forgings Ltd?

A high PB ratio suggests that Happy Forgings 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 Happy Forgings Ltd?

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

Can Happy Forgings Ltd PB Ratio change over time?

Yes, the PB ratio of Happy Forgings 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.
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*