HomeInsightsPB

Innovative Tyres & Tubes Ltd PB Ratio

Innovative Tyres & Tubes Ltd PB Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

()

stocks purchased

162.0 K

Stocks Traded

()

Last Updated on: Nov 14, 2024

Image

Innovative Tyres & Tubes Ltd

NSE: INNOVATIVE

PB

-

Last updated on: Jun 25, 2024

Key Highlights

  • The P/B Ratio of Innovative Tyres & Tubes Ltd is 0 as of 25 Jun 24.
  • The P/B Ratio of Innovative Tyres & Tubes Ltd changed from 7 on March 2022 to -0.6 on March 2024 . This represents a CAGR of NaN% over 3 years. .

Historical P/B Ratio of Innovative Tyres & Tubes Ltd

No data available

Market Price Over Time

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

Date
leftPrice (₹)right
25 Jun 20245.65
24 Jun 20246
21 Jun 20245.95
20 Jun 20245.95
19 Jun 20246
18 Jun 20246
14 Jun 20246.2
13 Jun 20246.45
12 Jun 20246.5
11 Jun 20246.35

BlinkX Score for Innovative Tyres & Tubes Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Innovative Tyres & Tubes Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Innovative Tyres & Tubes Ltd

Share Price

₹6

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 Innovative Tyres & Tubes Ltd

No data available

* All values are in crore

Historical Revenue of Innovative Tyres & Tubes Ltd

No data available

* All values are in crore

Historical EBITDA of Innovative Tyres & Tubes Ltd

No data available

* All values are in crore

Historical Net Profit of Innovative Tyres & Tubes Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Innovative Tyres & Tubes Ltd News Hub

News

Innovative Tyres & Tubes to convene board meeting

Innovative Tyres & Tubes will hold a meeting of the Board of Directors of the Company on 1...

Read more

07 Nov 202416:02

News

Innovative Tyres & Tubes to conduct AGM

Innovative Tyres & Tubes announced that the Annual General Meeting (AGM) of the company wi...

Read more

30 Aug 202417:09

News

Innovative Tyres & Tubes to convene board meeting

Innovative Tyres & Tubes will hold a meeting of the Board of Directors of the Company on 1...

Read more

07 Jun 202410:34

News

Innovative Tyres & Tubes to table results

Innovative Tyres & Tubes will hold a meeting of the Board of Directors of the Company on 3...

Read more

24 May 202418:54

News

Innovative Tyres & Tubes AGM scheduled

Innovative Tyres & Tubes announced that the 28th Annual General Meeting (AGM) of the compa...

Read more

08 Dec 202310:09

News

Innovative Tyres & Tubes to declare Quarterly Result

Innovative Tyres & Tubes will hold a meeting of the Board of Directors of the Company on 1...

Read more

07 Nov 202316:35

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

Data not available

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.
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.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*