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Patels Airtemp (india) Ltd PB Ratio

Patels Airtemp (india) Ltd PB Ratio

stocks purchased

₹ 1.0 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

12.7 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Patels Airtemp (India) Ltd

NSE: PATELSAIRTEMP

PB

2.9

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Patels Airtemp (India) Ltd is 2.9 as of 07 Nov 24.
  • The P/B Ratio of Patels Airtemp (India) Ltd changed from 1 on March 2022 to 1.5 on March 2024 . This represents a CAGR of 14.47% over 3 years. .

Historical P/B Ratio of Patels Airtemp (India) Ltd

No data available

Company Fundamentals for Patels Airtemp (India) Ltd

Market Cap

412 Cr

EPS

27.0

P/E Ratio (TTM) *

27.9

P/B Ratio (TTM) *

2.9

Day’s High *

754.35

Day’s Low

720.0

DTE *

0.6

ROE *

10.3

52 Week High

900.0

52 Week Low

341.05

ROCE *

14.0

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Patels Airtemp (India) 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
07 Nov 2024754.3
06 Nov 2024718.45
05 Nov 2024717.8
04 Nov 2024700.9
01 Nov 2024716.95
31 Oct 2024691.7
30 Oct 2024679.6
29 Oct 2024715.05
28 Oct 2024752.5
25 Oct 2024741.3

SWOT Analysis Of Patels Airtemp (India) Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Patels Airtemp (India) Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Patels Airtemp (India) Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Patels Airtemp (India) Ltd2412
Cummins India Ltd22298,572
Thermax Ltd29660,754
Carborundum Universal Ltd12727,194
Jyoti CNC Automation Ltd7726,182
Grindwell Norton Ltd18424,264

Key Valuation Metric of Patels Airtemp (India) Ltd

Share Price

₹754

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 Patels Airtemp (India) Ltd

No data available

* All values are in crore

Historical Revenue of Patels Airtemp (India) Ltd

No data available

* All values are in crore

Historical EBITDA of Patels Airtemp (India) Ltd

No data available

* All values are in crore

Historical Net Profit of Patels Airtemp (India) Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Patels Airtemp (India) Ltd News Hub

News

Patels Airtemp (India) to declare Quarterly Result

Patels Airtemp (India) will hold a meeting of the Board of Directors of the Company on 28 ...

Read more

18 Oct 202417:10

News

Patels Airtemp (India) schedules AGM

Patels Airtemp (India) announced that the Annual General Meeting (AGM) of the company will...

Read more

08 Aug 202416:22

News

Patels Airtemp (India) to announce Quarterly Result

Patels Airtemp (India) will hold a meeting of the Board of Directors of the Company on 3 A...

Read more

27 Jul 202410:31

News

Board of Patels Airtemp (India) recommends final dividend

Patels Airtemp (India) announced that the Board of Directors of the Company at its meeting...

Read more

25 May 202410:30

News

Patels Airtemp (India) to announce Quarterly Result

Patels Airtemp (India) will hold a meeting of the Board of Directors of the Company on 24 ...

Read more

17 May 202412:44

News

Patels Airtemp (India) to declare Quarterly Result

Patels Airtemp (India) will hold a meeting of the Board of Directors of the Company on 10 ...

Read more

03 Feb 202416:43

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Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Patels Airtemp (India) Ltd

What is the PB ratio of Patels Airtemp (India) Ltd?

The current PB ratio of Patels Airtemp (India) Ltd is 2.89. 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 Patels Airtemp (India) Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Patels Airtemp (India) 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 Patels Airtemp (India) Ltd calculated?

The PB ratio of Patels Airtemp (India) 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 Patels Airtemp (India) Ltd?

A high PB ratio suggests that Patels Airtemp (India) 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 Patels Airtemp (India) Ltd?

A low PB ratio of Patels Airtemp (India) Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Patels Airtemp (India) Ltd PB Ratio change over time?

Yes, the PB ratio of Patels Airtemp (India) 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.
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