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PB Ratio of Magna Electro Castings Ltd

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Magna Electro Castings Ltd

NSE: MAGNAELECTROCAS

PB Ratio

3.3

Last updated on: Dec 26, 2024

Key Highlights

  • The latest PB Ratio of Magna Electro Castings Ltd is 3.3.
  • The PB ratio of the Magna Electro Castings Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Magna Electro Castings Ltd changed from 1.2 on March 2019 to 1.7 on March 2024 . This represents a CAGR of 5.98% over 6 years.

Historical P/B Ratio of Magna Electro Castings Ltd

No data available

Company Fundamentals for Magna Electro Castings Ltd

Market Cap

396 Cr

EPS

49.7

P/E Ratio (TTM)

18.8

P/B Ratio (TTM)

3.3

Day’s High

1000.0

Day’s Low

926.05

DTE

0.0

ROE

17.6

52 Week High

1299.0

52 Week Low

388.0

ROCE

23.9

Market Price of Magna Electro Castings Ltd

1M

1Y

3Y

5Y

Monitoring Magna Electro Castings 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 2024937.35
24 Dec 2024983.55
23 Dec 2024985
20 Dec 2024962.75
19 Dec 20241000

SWOT Analysis Of Magna Electro Castings Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Magna Electro Castings Ltd

Asset Value vs Market Value of Magna Electro Castings Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Magna Electro Castings Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Magna Electro Castings Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Magna Electro Castings Ltd

What is the PB ratio of Magna Electro Castings Ltd?

The current PB ratio of Magna Electro Castings Ltd is 3.31. 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 Magna Electro Castings Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Magna Electro Castings 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 Magna Electro Castings Ltd calculated?

The PB ratio of Magna Electro Castings 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 Magna Electro Castings Ltd?

A high PB ratio suggests that Magna Electro Castings 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 Magna Electro Castings Ltd?

A low PB ratio of Magna Electro Castings Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Magna Electro Castings Ltd PB Ratio change over time?

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

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