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Prince Pipes & Fittings Ltd PB Ratio

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Prince Pipes & Fittings Ltd

NSE: PRINCEPIPE

PB

3

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Prince Pipes & Fittings Ltd is 3.
  • The PB ratio of the Prince Pipes & Fittings Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Prince Pipes & Fittings Ltd changed from 1.3 on March 2020 to 3.9 on March 2024 . This represents a CAGR of 24.57% over 5 years.

Historical P/B Ratio of Prince Pipes & Fittings Ltd

No data available

Company Fundamentals for Prince Pipes & Fittings Ltd

Market Cap

4,677 Cr

EPS

11.9

P/E Ratio (TTM)

35.5

P/B Ratio (TTM)

3.0

Day’s High

427.95

Day’s Low

419.75

DTE

0.1

ROE

8.4

52 Week High

775.75

52 Week Low

419.75

ROCE

10.7

Market Price of Prince Pipes & Fittings Ltd

1M

1Y

3Y

5Y

Monitoring Prince Pipes & Fittings 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 2024423.1
21 Nov 2024423.75
19 Nov 2024441.25
18 Nov 2024437.95
14 Nov 2024442.15

SWOT Analysis Of Prince Pipes & Fittings Ltd

Strength

0

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Prince Pipes & Fittings Ltd

Asset Value vs Market Value of Prince Pipes & Fittings Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Prince Pipes & Fittings Ltd2.97
Supreme Industries Ltd367.7
Astral Ltd123.6
Finolex Industries Ltd108.1
Safari Industries (India) Ltd173.6

Historical Market Cap of Prince Pipes & Fittings Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Prince Pipes & Fittings Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Prince Pipes & Fittings Ltd

What is the PB ratio of Prince Pipes & Fittings Ltd?

The current PB ratio of Prince Pipes & Fittings Ltd is 2.97. 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 Prince Pipes & Fittings Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Prince Pipes & Fittings 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 Prince Pipes & Fittings Ltd calculated?

The PB ratio of Prince Pipes & Fittings 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 Prince Pipes & Fittings Ltd?

A high PB ratio suggests that Prince Pipes & Fittings 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 Prince Pipes & Fittings Ltd?

A low PB ratio of Prince Pipes & Fittings Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Prince Pipes & Fittings Ltd PB Ratio change over time?

Yes, the PB ratio of Prince Pipes & Fittings 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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