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Incredible Industries Ltd PB Ratio

Incredible Industries Ltd PB Ratio

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Last Updated time: 18 Sep 9.00 AM

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Incredible Industries Ltd

NSE: INCREDIBLE

PB

1.7

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Incredible Industries Ltd is 1.7 as of 18 Sep 24.
  • The P/B Ratio of Incredible Industries Ltd changed from 0.8 on March 2022 to 1.2 on March 2024 . This represents a CAGR of 14.47% over 3 years. .

Historical P/B Ratio of Incredible Industries Ltd

No data available

Company Fundamentals for Incredible Industries Ltd

Market Cap

221 Cr

EPS

1.3

P/E Ratio (TTM) *

35.3

P/B Ratio (TTM) *

1.7

Day’s High *

47.3

Day’s Low

45.11

DTE *

0.3

ROE *

4.5

52 Week High

63.0

52 Week Low

27.15

ROCE *

9.0

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Incredible Industries 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 202447.3
17 Sep 202445.05
16 Sep 202446.7
13 Sep 202447.62
12 Sep 202448
11 Sep 202446.99
10 Sep 202447.69
09 Sep 202446.41
06 Sep 202447.95
05 Sep 202448.7

SWOT Analysis Of Incredible Industries Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Incredible Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Incredible Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Incredible Industries Ltd1221
JSW Steel Ltd3072,33,688
Tata Steel Ltd1091,88,002
Jindal Steel & Power Ltd4461,04,508
Tube Investments of India Ltd20577,795
Jindal Stainless Ltd16661,704

Key Valuation Metric of Incredible Industries 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 Incredible Industries Ltd

No data available

* All values are in crore

Historical Revenue of Incredible Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Incredible Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Incredible Industries Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Incredible Industries Ltd News Hub

News

Incredible Industries AGM scheduled

Incredible Industries announced that the Annual General Meeting (AGM) of the company will ...

Read more

11 Sep 202410:40

News

Incredible Industries to hold AGM

Incredible Industries announced that the Annual General Meeting (AGM) of the company will ...

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11 Sep 202410:27

News

Incredible Industries to conduct board meeting

Incredible Industries will hold a meeting of the Board of Directors of the Company on 2 Se...

Read more

29 Aug 202410:11

News

Incredible Industries Ltd leads gainers in 'B' group

3P Land Holdings Ltd, SEL Manufacturing Company Ltd, Rajdarshan Industries Ltd and Maha Ra...

Read more

08 Aug 202412:15

News

Incredible Industries to announce Quarterly Result

Incredible Industries will hold a meeting of the Board of Directors of the Company on 8 Au...

Read more

02 Aug 202411:04

News

Incredible Industries to table results

Incredible Industries will hold a meeting of the Board of Directors of the Company on 27 M...

Read more

21 May 202411:36

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FAQs for PB Ratio of Incredible Industries Ltd

What is the PB ratio of Incredible Industries Ltd?

The current PB ratio of Incredible Industries Ltd is 1.67. 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 Incredible Industries Ltd stocks?

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

The PB ratio of Incredible Industries 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 Incredible Industries Ltd?

A high PB ratio suggests that Incredible Industries 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 Incredible Industries Ltd?

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

Can Incredible Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Incredible Industries 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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