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Rungta Irrigation Ltd PB Ratio

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Rungta Irrigation Ltd

NSE: RUNGTAIRRIGATN

PB

1.6

Last updated on: 26 Nov 24

Key Highlights

  • The latest PB Ratio of Rungta Irrigation Ltd is 1.6.
  • The PB ratio of the Rungta Irrigation Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Rungta Irrigation Ltd changed from 0.3 on March 2019 to 1.5 on March 2024 . This represents a CAGR of 30.77% over 6 years.

Historical P/B Ratio of Rungta Irrigation Ltd

No data available

Company Fundamentals for Rungta Irrigation Ltd

Market Cap

147 Cr

EPS

3.1

P/E Ratio (TTM)

24.3

P/B Ratio (TTM)

1.6

Day’s High

74.0

Day’s Low

71.35

DTE

0.2

ROE

6.8

52 Week High

133.95

52 Week Low

57.0

ROCE

9.3

Market Price of Rungta Irrigation Ltd

1M

1Y

3Y

5Y

Monitoring Rungta Irrigation 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
26 Nov 202474.23
25 Nov 202476
22 Nov 202477.25
21 Nov 202475.98
19 Nov 202477.36

SWOT Analysis Of Rungta Irrigation Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Rungta Irrigation Ltd

Asset Value vs Market Value of Rungta Irrigation Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Rungta Irrigation Ltd1.64
Supreme Industries Ltd369.9
Astral Ltd123.0
Finolex Industries Ltd110.2
Safari Industries (India) Ltd173.5

Historical Market Cap of Rungta Irrigation Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Rungta Irrigation Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Rungta Irrigation Ltd

What is the PB ratio of Rungta Irrigation Ltd?

The current PB ratio of Rungta Irrigation Ltd is 1.64. 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 Rungta Irrigation Ltd stocks?

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

The PB ratio of Rungta Irrigation 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 Rungta Irrigation Ltd?

A high PB ratio suggests that Rungta Irrigation 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 Rungta Irrigation Ltd?

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

Can Rungta Irrigation Ltd PB Ratio change over time?

Yes, the PB ratio of Rungta Irrigation 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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