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Precision Wires India Ltd PB Ratio

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Precision Wires India Ltd

NSE: PRECWIRE

PB

5.8

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Precision Wires India Ltd is 5.8.
  • The PB ratio of the Precision Wires India Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Precision Wires India Ltd changed from 1.8 on March 2019 to 4.5 on March 2024 . This represents a CAGR of 16.50% over 6 years.

Historical P/B Ratio of Precision Wires India Ltd

No data available

Company Fundamentals for Precision Wires India Ltd

Market Cap

3,107 Cr

EPS

4.6

P/E Ratio (TTM)

37.9

P/B Ratio (TTM)

5.7

Day’s High

180.55

Day’s Low

171.35

DTE

0.2

ROE

15.1

52 Week High

220.95

52 Week Low

104.25

ROCE

23.4

Market Price of Precision Wires India Ltd

1M

1Y

3Y

5Y

Monitoring Precision Wires 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
22 Nov 2024173.95
21 Nov 2024172.8
19 Nov 2024173.35
18 Nov 2024169.85
14 Nov 2024172.2

SWOT Analysis Of Precision Wires India Ltd

Strength

0

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Precision Wires India Ltd

Asset Value vs Market Value of Precision Wires India Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Precision Wires India Ltd5.72
Hindustan Zinc Ltd18.1
Hindalco Industries Ltd303.0
National Aluminium Company Ltd86.3
Hindustan Copper Ltd24.9

Historical Market Cap of Precision Wires India Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Precision Wires India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Precision Wires India Ltd

What is the PB ratio of Precision Wires India Ltd?

The current PB ratio of Precision Wires India Ltd is 5.72. 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 Precision Wires India Ltd stocks?

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

The PB ratio of Precision Wires 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 Precision Wires India Ltd?

A high PB ratio suggests that Precision Wires 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 Precision Wires India Ltd?

A low PB ratio of Precision Wires India Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Precision Wires India Ltd PB Ratio change over time?

Yes, the PB ratio of Precision Wires 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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