Home

PB Ratio of Ramkrishna Forgings Ltd

Image

Ramkrishna Forgings Ltd

NSE: RKFORGE

PB Ratio

5.6

Last updated on: Dec 24, 2024

Key Highlights

  • The latest PB Ratio of Ramkrishna Forgings Ltd is 5.6.
  • The PB ratio of the Ramkrishna Forgings Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Ramkrishna Forgings Ltd changed from 2 on March 2019 to 4.7 on March 2024 . This represents a CAGR of 15.30% over 6 years.

Historical P/B Ratio of Ramkrishna Forgings Ltd

No data available

Company Fundamentals for Ramkrishna Forgings Ltd

Market Cap

16,510 Cr

EPS

20.3

P/E Ratio (TTM)

44.9

P/B Ratio (TTM)

5.6

Day’s High

944.4

Day’s Low

900.5

DTE

0.5

ROE

12.5

52 Week High

1064.0

52 Week Low

601.7

ROCE

14.5

Market Price of Ramkrishna Forgings Ltd

1M

1Y

3Y

5Y

Monitoring Ramkrishna Forgings Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

...

SWOT Analysis Of Ramkrishna Forgings Ltd

Strength

3

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Ramkrishna Forgings Ltd

Asset Value vs Market Value of Ramkrishna Forgings Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

...

Historical Market Cap of Ramkrishna Forgings Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Ramkrishna Forgings Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Ramkrishna Forgings Ltd

What is the PB ratio of Ramkrishna Forgings Ltd?

The current PB ratio of Ramkrishna Forgings Ltd is 5.61. 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 Ramkrishna Forgings Ltd stocks?

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

The PB ratio of Ramkrishna Forgings 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 Ramkrishna Forgings Ltd?

A high PB ratio suggests that Ramkrishna Forgings 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 Ramkrishna Forgings Ltd?

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

Can Ramkrishna Forgings Ltd PB Ratio change over time?

Yes, the PB ratio of Ramkrishna Forgings 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