Home

PB Ratio of Pitti Engineering Ltd

Image

Pitti Engineering Ltd

NSE: PITTIENG

PB Ratio

5.8

Last updated on: Dec 26, 2024

Key Highlights

  • The latest PB Ratio of Pitti Engineering Ltd is 5.8.
  • The PB ratio of the Pitti Engineering Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Pitti Engineering Ltd changed from 0.9 on March 2021 to 5.9 on March 2024 . This represents a CAGR of 60.01% over 4 years.

Historical P/B Ratio of Pitti Engineering Ltd

No data available

Company Fundamentals for Pitti Engineering Ltd

Market Cap

5,076 Cr

EPS

29.5

P/E Ratio (TTM)

45.7

P/B Ratio (TTM)

5.8

Day’s High

1354.0

Day’s Low

1346.05

DTE

0.6

ROE

12.7

52 Week High

1511.45

52 Week Low

622.0

ROCE

15.0

Market Price of Pitti Engineering Ltd

1M

1Y

3Y

5Y

Monitoring Pitti Engineering 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 20241348.3
24 Dec 20241356.25
23 Dec 20241367.3
20 Dec 20241354.05
19 Dec 20241396.45

SWOT Analysis Of Pitti Engineering Ltd

Strength

6

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Pitti Engineering Ltd

Asset Value vs Market Value of Pitti Engineering Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Pitti Engineering Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Pitti Engineering Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Pitti Engineering Ltd

What is the PB ratio of Pitti Engineering Ltd?

The current PB ratio of Pitti Engineering Ltd is 5.81. 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 Pitti Engineering Ltd stocks?

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

The PB ratio of Pitti Engineering 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 Pitti Engineering Ltd?

A high PB ratio suggests that Pitti Engineering 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 Pitti Engineering Ltd?

A low PB ratio of Pitti Engineering Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Pitti Engineering Ltd PB Ratio change over time?

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

Join the

Future of Trading

with BlinkX

#ItsATraderThing

Open Demat Account
Verify your phone
+91
*By signing up you agree to our terms & conditions