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Ice Make Refrigeration Ltd PB Ratio

Ice Make Refrigeration Ltd PB Ratio

stocks purchased

₹ 18.9 Cr

Volume Transacted

()

stocks purchased

194.1 K

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Last Updated on: Nov 08, 2024

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ICE Make Refrigeration Ltd

NSE: ICEMAKE

PB

14.1

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of ICE Make Refrigeration Ltd is 14.1 as of 07 Nov 24.
  • The P/B Ratio of ICE Make Refrigeration Ltd changed from 2.5 on March 2022 to 7.2 on March 2024 . This represents a CAGR of 42.28% over 3 years. .

Historical P/B Ratio of ICE Make Refrigeration Ltd

No data available

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring ICE Make Refrigeration 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
07 Nov 2024934.5
06 Nov 2024858.75
05 Nov 2024861.6
04 Nov 2024848.95
01 Nov 2024873.45
31 Oct 2024859.25
30 Oct 2024836.15
29 Oct 2024805.35
28 Oct 2024782.45
25 Oct 2024807.05

SWOT Analysis Of ICE Make Refrigeration Ltd

Strength

4

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for ICE Make Refrigeration Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of ICE Make Refrigeration Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
ICE Make Refrigeration Ltd141,474
Siemens Ltd3942,51,827
ABB India Ltd3001,48,252
CG Power & Industrial Solutions Ltd241,11,175
Waaree Energies Ltd26696,454
Suzlon Energy Ltd290,475

Key Valuation Metric of ICE Make Refrigeration Ltd

Share Price

₹974

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 ICE Make Refrigeration Ltd

No data available

* All values are in crore

Historical Revenue of ICE Make Refrigeration Ltd

No data available

* All values are in crore

Historical EBITDA of ICE Make Refrigeration Ltd

No data available

* All values are in crore

Historical Net Profit of ICE Make Refrigeration Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

ICE Make Refrigeration Ltd News Hub

News

ICE Make Refrigeration to discuss results

ICE Make Refrigeration will hold a meeting of the Board of Directors of the Company on 14 ...

Read more

30 Oct 202416:19

News

ICE Make Refrigeration to hold AGM

ICE Make Refrigeration announced that the 15th Annual General Meeting (AGM) of the company...

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09 Aug 202416:38

News

ICE Make Refrigeration schedules board meeting

ICE Make Refrigeration will hold a meeting of the Board of Directors of the Company on 08 ...

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01 Aug 202413:48

News

Board of ICE Make Refrigeration recommends final dividend

ICE Make Refrigeration announced that the Board of Directors of the Company at its meeting...

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29 May 202415:59

News

ICE Make Refrigeration to announce Quarterly Result

ICE Make Refrigeration will hold a meeting of the Board of Directors of the Company on 29 ...

Read more

15 May 202416:26

News

ICE Make Refrigeration to declare Quarterly Result

ICE Make Refrigeration will hold a meeting of the Board of Directors of the Company on 10 ...

Read more

03 Feb 202412:59

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of ICE Make Refrigeration Ltd

What is the PB ratio of ICE Make Refrigeration Ltd?

The current PB ratio of ICE Make Refrigeration Ltd is 14.15. 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 ICE Make Refrigeration Ltd stocks?

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

The PB ratio of ICE Make Refrigeration 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 ICE Make Refrigeration Ltd?

A high PB ratio suggests that ICE Make Refrigeration 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 ICE Make Refrigeration Ltd?

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

Can ICE Make Refrigeration Ltd PB Ratio change over time?

Yes, the PB ratio of ICE Make Refrigeration 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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