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Ramkrishna Forgings Ltd PB Ratio

Ramkrishna Forgings Ltd PB Ratio

stocks purchased

₹ 0.3 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

3.6 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Ramkrishna Forgings Ltd

NSE: RKFORGE

PB

5.9

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Ramkrishna Forgings Ltd is 5.9 as of 07 Nov 24.
  • The P/B Ratio of Ramkrishna Forgings Ltd changed from 2.3 on March 2022 to 4.7 on March 2024 . This represents a CAGR of 26.90% over 3 years. .

Historical P/B Ratio of Ramkrishna Forgings Ltd

No data available

Company Fundamentals for Ramkrishna Forgings Ltd

Market Cap

17,410 Cr

EPS

20.3

P/E Ratio (TTM) *

47.3

P/B Ratio (TTM) *

5.9

Day’s High *

976.0

Day’s Low

954.05

DTE *

0.5

ROE *

12.5

52 Week High

1064.0

52 Week Low

601.7

ROCE *

14.5

Market Price Over Time

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

Date
leftPrice (₹)right
07 Nov 2024962.2
06 Nov 2024947.75
05 Nov 2024920.05
04 Nov 2024914.75
01 Nov 2024936.15
31 Oct 2024921.25
30 Oct 2024909.15
29 Oct 2024884
28 Oct 2024881.85
25 Oct 2024905.65

SWOT Analysis Of Ramkrishna Forgings Ltd

Strength

3

S

Weakness

3

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Ramkrishna Forgings Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Ramkrishna Forgings Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Ramkrishna Forgings Ltd517,410
Bharat Forge Ltd18367,438
AIA Engineering Ltd64134,695
CIE Automotive India Ltd13318,839
PTC Industries Ltd88617,978
Happy Forgings Ltd17210,710

Key Valuation Metric of Ramkrishna Forgings Ltd

Share Price

₹972

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 Ramkrishna Forgings Ltd

No data available

* All values are in crore

Historical Revenue of Ramkrishna Forgings Ltd

No data available

* All values are in crore

Historical EBITDA of Ramkrishna Forgings Ltd

No data available

* All values are in crore

Historical Net Profit of Ramkrishna Forgings Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Ramkrishna Forgings Ltd News Hub

News

Board of Ramkrishna Forgings recommends 1st interim dividend

Ramkrishna Forgings announced that the Board of Directors of the Company at its meeting he...

Read more

24 Oct 202420:24

News

Ramkrishna Forgings to conduct board meeting

Ramkrishna Forgings will hold a meeting of the Board of Directors of the Company on 24 Oct...

Read more

19 Oct 202410:15

News

Volumes jump at Ramkrishna Forgings Ltd counter

Jindal Steel & Power Ltd, Asahi India Glass Ltd, IIFL Finance Ltd, Jindal Worldwide Ltd ar...

Read more

20 Sep 202411:00

News

Ramkrishna Forgings provides corporate guarantee of USD 6.65 million for its Mexican subsidiary

Ramkrishna Forgings has provided Corporate Guarantee upto an amount of USD 6.65 million to...

Read more

11 Sep 202419:13

News

Ramkrishna Forgings to sell its WoS 'Globe All India Services' to Yatra Online

Ramkrishna Forgings announced that it has entered into Share Purchase Agreement to sell 10...

Read more

02 Sep 202414:27

News

Ramkrishna Forgings Board approves foray into aluminium forging

Ramkrishna Forgings has received board approval for setting up an Aluminium Forging Facili...

Read more

02 Sep 202414:05

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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 5.92. 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.
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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