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PB Ratio of Race Eco Chain Ltd

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Race Eco Chain Ltd

NSE: RACEECO

PB Ratio

6.1

Last updated on: Mar 28, 2025

Key Highlights

  • The latest PB Ratio of Race Eco Chain Ltd is 6.1.
  • The PB ratio of the Race Eco Chain Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Race Eco Chain Ltd changed from 15.1 on March 2023 to 24 on March 2024 . This represents a CAGR of 26.07% over 2 years.

Historical P/B Ratio of Race Eco Chain Ltd

No data available

Company Fundamentals for Race Eco Chain Ltd

Market Cap

444 Cr

EPS

1.5

P/E Ratio (TTM)

175.3

P/B Ratio (TTM)

6.1

Day’s High

303.45

Day’s Low

247.25

DTE

0.3

ROE

2.1

52 Week High

457.25

52 Week Low

241.0

ROCE

6.1

Market Price of Race Eco Chain Ltd

1M

1Y

3Y

5Y

Monitoring Race Eco Chain 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
28 Mar 2025257.75
27 Mar 2025252.9
26 Mar 2025249.5
25 Mar 2025264.85
24 Mar 2025276.45
21 Mar 2025287
20 Mar 2025268
19 Mar 2025273.65
18 Mar 2025264.45
17 Mar 2025254.25

SWOT Analysis Of Race Eco Chain Ltd

Strength

3

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Race Eco Chain Ltd

Asset Value vs Market Value of Race Eco Chain Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

PB Ratio of Race Eco Chain Ltd Explained

444.8

Market cap

42

Book Value per Share

6.1X

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 Race Eco Chain Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Race Eco Chain Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Race Eco Chain Ltd News Hub

Race Eco Chain to convene board meeting

Race Eco Chain will hold a meeting of the Board of Directors of the Company on 11 February 2025. Pow

Read more

05 Feb 25

Race Eco Chain consolidated net profit declines 87.91% in the June 2024 quarter

Net profit of Race Eco Chain declined 87.91% to Rs 0.11 crore in the quarter ended June 2024 as agai

Read more

14 Aug 24

Race Eco Chain to table results

Race Eco Chain will hold a meeting of the Board of Directors of the Company on 12 November 2024 Powe

Read more

05 Nov 24

Race Eco Chain consolidated net profit rises 1736.36% in the September 2024 quarter

Net profit of Race Eco Chain rose 1736.36% to Rs 4.04 crore in the quarter ended September 2024 as a

Read more

12 Nov 24

Document

Annual Reports

Annual Report 2024

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Credit Ratings

N/A

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Concalls

Data not available

FAQs for PB Ratio of Race Eco Chain Ltd

What is the PB ratio of Race Eco Chain Ltd?

The current PB ratio of Race Eco Chain Ltd is 6.1. 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 Race Eco Chain Ltd stocks?

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

The PB ratio of Race Eco Chain 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 Race Eco Chain Ltd?

A high PB ratio suggests that Race Eco Chain 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 Race Eco Chain Ltd?

A low PB ratio of Race Eco Chain Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Race Eco Chain Ltd PB Ratio change over time?

Yes, the PB ratio of Race Eco Chain 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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