HomeInsightsPB

Rane Engine Valve Ltd PB Ratio

Rane Engine Valve Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

0.4 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

Image

Rane Engine Valve Ltd

NSE: RANEENGINE

PB

2.6

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Rane Engine Valve Ltd is 2.6 as of 07 Nov 24.
  • The P/B Ratio of Rane Engine Valve Ltd changed from 1.7 on March 2022 to 1.8 on March 2024 . This represents a CAGR of 1.92% over 3 years. .

Historical P/B Ratio of Rane Engine Valve Ltd

No data available

Company Fundamentals for Rane Engine Valve Ltd

Market Cap

321 Cr

EPS

26.7

P/E Ratio (TTM) *

16.7

P/B Ratio (TTM) *

2.6

Day’s High *

450.0

Day’s Low

433.05

DTE *

1.1

ROE *

15.5

52 Week High

660.0

52 Week Low

290.0

ROCE *

14.3

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Rane Engine Valve 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 2024445
06 Nov 2024433.05
05 Nov 2024428.85
04 Nov 2024421.05
01 Nov 2024424.15
31 Oct 2024422.2
30 Oct 2024414.7
29 Oct 2024421.75
28 Oct 2024443.9
25 Oct 2024452.8

SWOT Analysis Of Rane Engine Valve Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Rane Engine Valve Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Rane Engine Valve Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Rane Engine Valve Ltd

Share Price

₹445

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 Rane Engine Valve Ltd

No data available

* All values are in crore

Historical Revenue of Rane Engine Valve Ltd

No data available

* All values are in crore

Historical EBITDA of Rane Engine Valve Ltd

No data available

* All values are in crore

Historical Net Profit of Rane Engine Valve Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Rane Engine Valve Ltd News Hub

News

Rane Engine Valve to hold EGM

Rane Engine Valve announced that an Extra Ordinary General Meeting (EGM) of the Company wi...

Read more

05 Oct 202417:35

News

Rane Engine Valve to conduct board meeting

Rane Engine Valve will hold a meeting of the Board of Directors of the Company on 23 Octob...

Read more

01 Oct 202410:01

News

Rane Engine Valve to discuss results

Rane Engine Valve will hold a meeting of the Board of Directors of the Company on 23 July ...

Read more

29 Jun 202410:19

News

Board of Rane Engine Valve recommends final dividend

Rane Engine Valve announced that the Board of Directors of the Company at its meeting held...

Read more

07 May 202414:05

News

Rane Engine Valve to hold AGM

Rane Engine Valve announced that the 52th Annual General Meeting(AGM) of the company will ...

Read more

07 May 202414:03

News

Rane Engine Valve to declare Quarterly Result

Rane Engine Valve will hold a meeting of the Board of Directors of the Company on 7 May 20...

Read more

29 Mar 202419:50

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

Data not available

FAQs for PB Ratio of Rane Engine Valve Ltd

What is the PB ratio of Rane Engine Valve Ltd?

The current PB ratio of Rane Engine Valve Ltd is 2.59. 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 Rane Engine Valve Ltd stocks?

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

The PB ratio of Rane Engine Valve 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 Rane Engine Valve Ltd?

A high PB ratio suggests that Rane Engine Valve 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 Rane Engine Valve Ltd?

A low PB ratio of Rane Engine Valve Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Rane Engine Valve Ltd PB Ratio change over time?

Yes, the PB ratio of Rane Engine Valve 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.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*