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PB Ratio of Innovative Tyres & Tubes Ltd

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Innovative Tyres & Tubes Ltd

NSE: INNOVATIVE

PB Ratio

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Last updated on: Jun 25, 2024

Key Highlights

  • The latest PB Ratio of Innovative Tyres & Tubes Ltd is 0.
  • The PB ratio of the Innovative Tyres & Tubes Ltd is below 1 which indicates that the stock is undervalued.
  • The P/B Ratio of Innovative Tyres & Tubes Ltd changed from 0.6 on March 2019 to -0.6 on March 2024 . This represents a CAGR of NaN% over 6 years.

Historical P/B Ratio of Innovative Tyres & Tubes Ltd

No data available

Company Fundamentals for Innovative Tyres & Tubes Ltd

Market Price of Innovative Tyres & Tubes Ltd

1M

1Y

3Y

5Y

Monitoring Innovative Tyres & Tubes Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

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SWOT Analysis

Strength

0

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Weakness

0

che

Opportunity

0

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Threats

0

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BlinkX Score for Innovative Tyres & Tubes Ltd

Asset Value vs Market Value of Innovative Tyres & Tubes Ltd

Market Value

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Asset Value

0

* All values are in ₹ crores

Key Valuation Metric of Innovative Tyres & Tubes Ltd

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Historical Revenue, EBITDA and Net Profit of Innovative Tyres & Tubes Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

* All values are in %

FAQs for PB Ratio of Innovative Tyres & Tubes Ltd

What is the PB ratio of Innovative Tyres & Tubes Ltd?

The current PB ratio of Innovative Tyres & Tubes Ltd is 0.0. 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 Tyres & Tubes Ltd stocks?

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

The PB ratio of Innovative Tyres & Tubes 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 Tyres & Tubes Ltd?

A high PB ratio suggests that Innovative Tyres & Tubes 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 Tyres & Tubes Ltd?

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

Can Innovative Tyres & Tubes Ltd PB Ratio change over time?

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

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