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PB Ratio of Indian Renewable Energy Development Agency Ltd

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Indian Renewable Energy Development Agency Ltd

NSE: IREDA

PB Ratio

5.7

Last updated on: Dec 26, 2024

Key Highlights

  • The latest PB Ratio of Indian Renewable Energy Development Agency Ltd is 5.7.
  • The PB ratio of the Indian Renewable Energy Development Agency Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Indian Renewable Energy Development Agency Ltd changed from 0 on March 2019 to 0 on March 2021 . This represents a CAGR of 0.0% over 3 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

53,526 Cr

EPS

5.4

P/E Ratio (TTM)

37.1

P/B Ratio (TTM)

5.7

Day’s High

201.1

Day’s Low

198.15

DTE

5.9

ROE

15.5

52 Week High

310.0

52 Week Low

95.57

ROCE

8.2

Market Price of Indian Renewable Energy Development Agency Ltd

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
26 Dec 2024199.15
24 Dec 2024201
23 Dec 2024201.6
20 Dec 2024206.25
19 Dec 2024208.95

SWOT Analysis Of Indian Renewable Energy Development Agency Ltd

Strength

2

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Indian Renewable Energy Development Agency Ltd

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

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Indian Renewable Energy Development Agency Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Indian Renewable Energy Development Agency Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 5.73. 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.

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