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Indian Renewable Energy Development Agency Ltd PB Ratio

Indian Renewable Energy Development Agency Ltd PB Ratio

stocks purchased

₹ 8.2 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

407.5 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Indian Renewable Energy Development Agency Ltd

NSE: IREDA

PB

5.9

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Indian Renewable Energy Development Agency Ltd is 5.9 as of 07 Nov 24.
  • The P/B Ratio of Indian Renewable Energy Development Agency Ltd changed from 4.3 on March 2024 to 4.3 on March 2024 . This represents a CAGR of 0.00% over 1 years. .

Historical P/B Ratio of Indian Renewable Energy Development Agency Ltd

No data available

Company Fundamentals for Indian Renewable Energy Development Agency Ltd

Market Cap

55,381 Cr

EPS

5.4

P/E Ratio (TTM) *

38.4

P/B Ratio (TTM) *

5.9

Day’s High *

206.0

Day’s Low

201.5

DTE *

5.9

ROE *

15.5

52 Week High

310.0

52 Week Low

49.99

ROCE *

8.2

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Indian Renewable Energy Development Agency 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 2024206.05
06 Nov 2024209.8
05 Nov 2024204.6
04 Nov 2024205.25
01 Nov 2024211.9
31 Oct 2024210.1
30 Oct 2024210.15
29 Oct 2024205.4
28 Oct 2024198.95
25 Oct 2024191.3

SWOT Analysis Of Indian Renewable Energy Development Agency Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Indian Renewable Energy Development Agency Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Indian Renewable Energy Development Agency Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Indian Renewable Energy Development Agency Ltd

Share Price

₹202

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 Indian Renewable Energy Development Agency Ltd

No data available

* All values are in crore

Historical Revenue of Indian Renewable Energy Development Agency Ltd

No data available

* All values are in crore

Historical EBITDA of Indian Renewable Energy Development Agency Ltd

No data available

* All values are in crore

Historical Net Profit of Indian Renewable Energy Development Agency Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Indian Renewable Energy Development Agency Ltd News Hub

News

IREDA PAT rises 36% YoY to Rs 388 crore in Q2 FY25

Revenue from operations increased 38.49% year on year (YoY) to Rs 1,629.55 crore in the qu...

Read more

11 Oct 202410:37

News

IREDA to set up wholly owned subsidiary for retail business

Indian Renewable Energy Development Agency has received approval from DIPAM vide OM dated ...

Read more

10 Oct 202418:58

News

Indian Renewable Energy Deve. Agency to convene board meeting

Indian Renewable Energy Deve. Agency will hold a meeting of the Board of Directors of the ...

Read more

01 Oct 202417:39

News

IREDA gets Govt nod to raise Rs 4,500-cr via QIP

Earlier, on 29 August 2024, the company's board approved raising of funds by way of equity...

Read more

19 Sep 202412:31

News

IREDA Global Green Energy Finance IFSC receives provisional registration from IFSC

The International Financial Services Centre Authority (IFSCA) has granted provisional regi...

Read more

10 Sep 202419:31

News

IREDA Board approves fund raising up to Rs 4,500 cr via equity route

The Board of Directors of Indian Renewable Energy Development Agency (IREDA) in its meetin...

Read more

29 Aug 202413:57

Document

Annual Reports

N/A

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Credit Ratings

Credit Report undefined

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Concalls

July 2024

PPT

Apr 2024

PPT

Jan 2024

PPT

FAQs for PB Ratio of Indian Renewable Energy Development Agency Ltd

What is the PB ratio of Indian Renewable Energy Development Agency Ltd?

The current PB ratio of Indian Renewable Energy Development Agency Ltd is 5.93. 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 Indian Renewable Energy Development Agency Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Indian Renewable Energy Development Agency 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 Indian Renewable Energy Development Agency Ltd calculated?

The PB ratio of Indian Renewable Energy Development Agency 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 Indian Renewable Energy Development Agency Ltd?

A high PB ratio suggests that Indian Renewable Energy Development Agency 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 Indian Renewable Energy Development Agency Ltd?

A low PB ratio of Indian Renewable Energy Development Agency Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Indian Renewable Energy Development Agency Ltd PB Ratio change over time?

Yes, the PB ratio of Indian Renewable Energy Development Agency 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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