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Shriram Pistons & Rings Ltd PB Ratio

Shriram Pistons & Rings Ltd PB Ratio

stocks purchased

₹ 7.6 Cr

Volume Transacted

()

stocks purchased

37.3 K

Stocks Traded

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Last Updated on: Nov 08, 2024

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Shriram Pistons & Rings Ltd

NSE: SHRIPISTON

PB

4.2

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Shriram Pistons & Rings Ltd is 4.2 as of 07 Nov 24.
  • The P/B Ratio of Shriram Pistons & Rings Ltd changed from 1.3 on March 2022 to 4.5 on March 2024 . This represents a CAGR of 51.27% over 3 years. .

Historical P/B Ratio of Shriram Pistons & Rings Ltd

No data available

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Shriram Pistons & Rings 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 20242040.15
06 Nov 20242073.45
05 Nov 20242045.25
04 Nov 20242079.75
01 Nov 20242149.65
31 Oct 20242160.2
30 Oct 20242041.35
29 Oct 20242052.1
28 Oct 20241930.85
25 Oct 20241934.2

SWOT Analysis Of Shriram Pistons & Rings Ltd

Strength

5

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Shriram Pistons & Rings Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Shriram Pistons & Rings Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Shriram Pistons & Rings Ltd

Share Price

₹2,040

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 Shriram Pistons & Rings Ltd

No data available

* All values are in crore

Historical Revenue of Shriram Pistons & Rings Ltd

No data available

* All values are in crore

Historical EBITDA of Shriram Pistons & Rings Ltd

No data available

* All values are in crore

Historical Net Profit of Shriram Pistons & Rings Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Shriram Pistons & Rings Ltd News Hub

News

Shriram Pistons & Rings to declare Quarterly Result

Shriram Pistons & Rings will hold a meeting of the Board of Directors of the Company on 28...

Read more

22 Oct 202415:35

News

Shriram Pistons & Rings to conduct board meeting

Shriram Pistons & Rings will hold a meeting of the Board of Directors of the Company on 24...

Read more

16 Jul 202411:08

News

Shriram Pistons & Rings AGM scheduled

Shriram Pistons & Rings announced that the 60th Annual General Meeting(AGM) of the company...

Read more

14 May 202410:06

News

Board of Shriram Pistons & Rings recommends final dividend

Shriram Pistons & Rings announced that the Board of Directors of the Company at its meetin...

Read more

14 May 202410:06

News

Shriram Pistons & Rings to announce Quarterly Result

Shriram Pistons & Rings will hold a meeting of the Board of Directors of the Company on 13...

Read more

04 May 202411:08

News

Board of Shriram Pistons & Rings recommends interim dividend

Shriram Pistons & Rings announced that the Board of Directors of the Company at its meetin...

Read more

31 Jan 202416:27

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Shriram Pistons & Rings Ltd

What is the PB ratio of Shriram Pistons & Rings Ltd?

The current PB ratio of Shriram Pistons & Rings Ltd is 4.21. 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 Shriram Pistons & Rings Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Shriram Pistons & Rings 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 Shriram Pistons & Rings Ltd calculated?

The PB ratio of Shriram Pistons & Rings 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 Shriram Pistons & Rings Ltd?

A high PB ratio suggests that Shriram Pistons & Rings 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 Shriram Pistons & Rings Ltd?

A low PB ratio of Shriram Pistons & Rings Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Shriram Pistons & Rings Ltd PB Ratio change over time?

Yes, the PB ratio of Shriram Pistons & Rings 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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