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PB Ratio of Hitech Corporation Ltd

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Hitech Corporation Ltd

NSE: HITECHCORP

PB Ratio

1.2

Last updated on: Apr 17, 2025

Key Highlights

  • The latest PB Ratio of Hitech Corporation Ltd is 1.2.
  • The PB ratio of the Hitech Corporation Ltd is below 1.5 which indicates that the stock is fairly valued.
  • The P/B Ratio of Hitech Corporation Ltd changed from 0.5 on March 2020 to 1.3 on March 2024 . This represents a CAGR of 21.06% over 5 years.

Historical P/B Ratio of Hitech Corporation Ltd

No data available

Company Fundamentals for Hitech Corporation Ltd

Market Cap

329 Cr

EPS

8.4

P/E Ratio (TTM)

22.8

P/B Ratio (TTM)

1.2

Day’s High

195.0

Day’s Low

185.5

DTE

0.3

ROE

6.0

52 Week High

350.5

52 Week Low

152.0

ROCE

10.5

Market Price of Hitech Corporation Ltd

1M

1Y

3Y

5Y

Monitoring Hitech Corporation 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
17 Apr 2025192.1
16 Apr 2025189
15 Apr 2025183.25
11 Apr 2025178.75
09 Apr 2025176.1
08 Apr 2025186.5
07 Apr 2025178.25
04 Apr 2025189.9
03 Apr 2025199.15
02 Apr 2025188.6

SWOT Analysis Of Hitech Corporation Ltd

Strength

0

che

Weakness

0

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Hitech Corporation Ltd

Asset Value vs Market Value of Hitech Corporation Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

PB Ratio of Hitech Corporation Ltd Explained

329.95

Market cap

156

Book Value per Share

1.2X

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 Hitech Corporation Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Hitech Corporation Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Hitech Corporation Ltd News Hub

Hitech Corporation standalone net profit declines 47.27% in the June 2024 quarter

Net profit of Hitech Corporation declined 47.27% to Rs 4.05 crore in the quarter ended June 2024 as

Read more

08 Aug 24

Hitech Corp. announces board meeting date

Hitech Corp. will hold a meeting of the Board of Directors of the Company on 8 August 2024. Powered

Read more

02 Aug 24

Hitech Corporation Ltd leads gainers in 'B' group

Gautam Gems Ltd, AGI Infra Ltd, Butterfly Gandhimathi Appliances Ltd and Alankit Ltd are among the o

Read more

19 Sept 24

Hitech Corp. to declare Quarterly Result

Hitech Corp. will hold a meeting of the Board of Directors of the Company on 13 November 2024 Powere

Read more

08 Nov 24

Document

Annual Reports

Annual Report 2024

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Credit Ratings

N/A

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Concalls

Data not available

FAQs for PB Ratio of Hitech Corporation Ltd

What is the PB ratio of Hitech Corporation Ltd?

The current PB ratio of Hitech Corporation Ltd is 1.23. 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 Hitech Corporation Ltd stocks?

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

The PB ratio of Hitech Corporation 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 Hitech Corporation Ltd?

A high PB ratio suggests that Hitech Corporation 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 Hitech Corporation Ltd?

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

Can Hitech Corporation Ltd PB Ratio change over time?

Yes, the PB ratio of Hitech Corporation 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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