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PB Ratio of Innovative Tech Pack Ltd

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Innovative Tech Pack Ltd

NSE: INNOVATIVETECH

PB Ratio

2

Last updated on: Dec 26, 2024

Key Highlights

  • The latest PB Ratio of Innovative Tech Pack Ltd is 2.
  • The PB ratio of the Innovative Tech Pack Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Innovative Tech Pack Ltd changed from 1.4 on March 2019 to 0.4 on March 2020 . This represents a CAGR of -46.55% over 2 years.

Historical P/B Ratio of Innovative Tech Pack Ltd

No data available

Company Fundamentals for Innovative Tech Pack Ltd

Market Cap

85 Cr

EPS

1.1

P/E Ratio (TTM)

33.3

P/B Ratio (TTM)

2.0

Day’s High

38.8

Day’s Low

37.2

DTE

0.7

ROE

6.1

52 Week High

42.0

52 Week Low

23.25

ROCE

11.3

Market Price of Innovative Tech Pack Ltd

1M

1Y

3Y

5Y

Monitoring Innovative Tech Pack 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 202438.02
24 Dec 202437.3
23 Dec 202437.11
20 Dec 202436.76
19 Dec 202436.95

SWOT Analysis Of Innovative Tech Pack Ltd

Strength

1

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Innovative Tech Pack Ltd

Asset Value vs Market Value of Innovative Tech Pack Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Innovative Tech Pack Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Innovative Tech Pack Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Innovative Tech Pack Ltd

What is the PB ratio of Innovative Tech Pack Ltd?

The current PB ratio of Innovative Tech Pack Ltd is 2.04. 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 Innovative Tech Pack Ltd stocks?

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

The PB ratio of Innovative Tech Pack 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 Innovative Tech Pack Ltd?

A high PB ratio suggests that Innovative Tech Pack 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 Innovative Tech Pack Ltd?

A low PB ratio of Innovative Tech Pack Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Innovative Tech Pack Ltd PB Ratio change over time?

Yes, the PB ratio of Innovative Tech Pack Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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