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Heg Ltd PB Ratio

Heg Ltd PB Ratio

stocks purchased

₹ 41.2 Cr

Volume transacted

stocks purchased

180.1 K

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Last Updated time: 18 Sep 9.00 AM

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HEG Ltd

NSE: HEG

PB

2

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of HEG Ltd is 2 as of 18 Sep 24.
  • The P/B Ratio of HEG Ltd changed from 1.4 on March 2022 to 1.6 on March 2024 . This represents a CAGR of 4.55% over 3 years. .

Historical P/B Ratio of HEG Ltd

No data available

Company Fundamentals for HEG Ltd

Market Cap

8,834 Cr

EPS

50.7

P/E Ratio (TTM) *

45.2

P/B Ratio (TTM) *

2.0

Day’s High *

2376.0

Day’s Low

2105.0

DTE *

0.1

ROE *

7.0

52 Week High

2744.6

52 Week Low

1466.85

ROCE *

8.5

Share price Over Time

1M

1Y

3Y

5Y

Monitoring HEG Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 20242288.9
17 Sep 20242111.5
16 Sep 20242107.95
13 Sep 20242067.25
12 Sep 20241999.65
11 Sep 20241995.85
10 Sep 20242030.45
09 Sep 20242014.1
06 Sep 20241979.9
05 Sep 20241975.65

SWOT Analysis Of HEG Ltd

Strength

4

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for HEG Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of HEG Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
HEG Ltd28,834
Cummins India Ltd2221,04,324
Thermax Ltd29662,149
Carborundum Universal Ltd12028,529
Jyoti CNC Automation Ltd7726,768
Grindwell Norton Ltd18426,246

Key Valuation Metric of HEG Ltd

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 HEG Ltd

No data available

* All values are in crore

Historical Revenue of HEG Ltd

No data available

* All values are in crore

Historical EBITDA of HEG Ltd

No data available

* All values are in crore

Historical Net Profit of HEG Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

HEG Ltd News Hub

News

HEG Ltd leads gainers in 'A' group

Vakrangee Ltd, Graphite India Ltd, Alkyl Amines Chemicals Ltd and Samvardhana Motherson In...

Read more

18 Sep 202412:00

News

Volumes jump at HEG Ltd counter

Graphite India Ltd, Alkyl Amines Chemicals Ltd, Fine Organic Industries Ltd, Balaji Amines...

Read more

18 Sep 202414:30

News

HEG gains after board increases investment limit

This enhanced limit will be applicable for investments in the securities of listed Indian ...

Read more

16 Sep 202411:03

News

HEG to conduct board meeting

HEG will hold a meeting of the Board of Directors of the Company on 13 August 2024. Powere...

Read more

17 Jul 202409:49

News

HEG to convene AGM

HEG announced that the 52nd Annual General Meeting (AGM) of the company will be held on 7 ...

Read more

26 Jun 202414:42

News

Board of HEG recommends final dividend

HEG announced that the Board of Directors of the Company at its meeting held on 22 May 202...

Read more

23 May 202410:23

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FAQs for PB Ratio of HEG Ltd

What is the PB ratio of HEG Ltd?

The current PB ratio of HEG Ltd is 2.0. 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 HEG Ltd stocks?

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

The PB ratio of HEG 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 HEG Ltd?

A high PB ratio suggests that HEG 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 HEG Ltd?

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

Can HEG Ltd PB Ratio change over time?

Yes, the PB ratio of HEG 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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