Home

PB Ratio of Hi-tech Pipes Ltd

Image

Hi-Tech Pipes Ltd

NSE: HITECH

PB Ratio

1.6

Last updated on: Apr 11, 2025

Key Highlights

  • The latest PB Ratio of Hi-Tech Pipes Ltd is 1.6.
  • The PB ratio of the Hi-Tech Pipes Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Hi-Tech Pipes Ltd changed from 0.4 on March 2020 to 4 on March 2024 . This represents a CAGR of 58.49% over 5 years.

Historical P/B Ratio of Hi-Tech Pipes Ltd

No data available

Company Fundamentals for Hi-Tech Pipes Ltd

Market Cap

1,959 Cr

EPS

3.3

P/E Ratio (TTM)

29.5

P/B Ratio (TTM)

1.6

Day’s High

98.3

Day’s Low

96.05

DTE

0.4

ROE

8.2

52 Week High

210.75

52 Week Low

82.55

ROCE

12.4

Market Price of Hi-Tech Pipes Ltd

1M

1Y

3Y

5Y

Monitoring Hi-Tech Pipes 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
11 Apr 202596.5
09 Apr 202594.45
08 Apr 202596.1
07 Apr 202595.4
04 Apr 2025100.25
03 Apr 2025104.15
02 Apr 2025104.5
01 Apr 2025105.15
28 Mar 2025102.8
27 Mar 2025105.45

SWOT Analysis Of Hi-Tech Pipes Ltd

Strength

1

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Hi-Tech Pipes Ltd

Asset Value vs Market Value of Hi-Tech Pipes Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

PB Ratio of Hi-Tech Pipes Ltd Explained

1959

Market cap

62

Book Value per Share

1.6X

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 Hi-Tech Pipes Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Hi-Tech Pipes Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Hi-Tech Pipes Ltd News Hub

Hi-Tech Pipes rises after securing orders worth Rs 105 crore from renewable energy sector

'These significant contracts reflect the growing demand for sustainable energy solutions and undersc

Read more

20 Aug 24

Hi-Tech Pipes wins order of Rs 105 cr from renewable energy sector

Hi-Tech Pipes has received order for supplying ERW Steel Pipes, totaling of Rs.105 (Inclusive of GST

Read more

20 Aug 24

Hi-Tech Pipes board approves fund raising upto Rs 600 cr

The company may issue of equity shares or any other equity linked instruments or securities, includi

Read more

20 Aug 24

Hi-Tech Pipes to consider Fund Raising

Hi-Tech Pipes will hold a meeting of the Board of Directors of the Company on 19 August 2024. Powere

Read more

14 Aug 24

Document

Annual Reports

Annual Report 2024

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

Data not available

FAQs for PB Ratio of Hi-Tech Pipes Ltd

What is the PB ratio of Hi-Tech Pipes Ltd?

The current PB ratio of Hi-Tech Pipes Ltd is 1.57. 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 Hi-Tech Pipes Ltd stocks?

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

The PB ratio of Hi-Tech Pipes 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 Hi-Tech Pipes Ltd?

A high PB ratio suggests that Hi-Tech Pipes 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 Hi-Tech Pipes Ltd?

A low PB ratio of Hi-Tech Pipes Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Hi-Tech Pipes Ltd PB Ratio change over time?

Yes, the PB ratio of Hi-Tech Pipes 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.
Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions

Join the

Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions