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Ideaforge Technology Ltd PB Ratio

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Ideaforge Technology Ltd

NSE: IdeaforgeTech

PB

3.7

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Ideaforge Technology Ltd is 3.7.
  • The PB ratio of the Ideaforge Technology Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Ideaforge Technology Ltd changed from 4.5 on March 2024 to 4.5 on March 2024 . This represents a CAGR of 0.00% over 1 years.

Historical P/B Ratio of Ideaforge Technology Ltd

No data available

Company Fundamentals for Ideaforge Technology Ltd

Market Cap

2,440 Cr

EPS

2.9

P/E Ratio (TTM)

194.2

P/B Ratio (TTM)

3.7

Day’s High

573.7

Day’s Low

560.8

DTE

0.0

ROE

1.9

52 Week High

885.65

52 Week Low

535.45

ROCE

2.9

Market Price of Ideaforge Technology Ltd

1M

1Y

3Y

5Y

Monitoring Ideaforge Technology 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 2024567.15
21 Nov 2024568.95
19 Nov 2024586.6
18 Nov 2024570.35
14 Nov 2024577.85

SWOT Analysis Of Ideaforge Technology Ltd

Strength

1

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Ideaforge Technology Ltd

Asset Value vs Market Value of Ideaforge Technology Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Ideaforge Technology Ltd3.74
Hindustan Aeronautics Ltd464.8
Bharat Electronics Ltd23.8
Solar Industries India Ltd292.9
Bharat Dynamics Ltd101.8

Historical Market Cap of Ideaforge Technology Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Ideaforge Technology Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Ideaforge Technology Ltd

What is the PB ratio of Ideaforge Technology Ltd?

The current PB ratio of Ideaforge Technology Ltd is 3.74. 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 Ideaforge Technology Ltd stocks?

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

The PB ratio of Ideaforge Technology 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 Ideaforge Technology Ltd?

A high PB ratio suggests that Ideaforge Technology 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 Ideaforge Technology Ltd?

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

Can Ideaforge Technology Ltd PB Ratio change over time?

Yes, the PB ratio of Ideaforge Technology 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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