Home

PB Ratio of Shriram Pistons & Rings Ltd

Image

Shriram Pistons & Rings Ltd

NSE: SHRIPISTONS

PB Ratio

3.7

Last updated on: Apr 11, 2025

Key Highlights

  • The latest PB Ratio of Shriram Pistons & Rings Ltd is 3.7.
  • The PB ratio of the Shriram Pistons & Rings Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Shriram Pistons & Rings Ltd changed from 0.8 on March 2020 to 4.5 on March 2024 . This represents a CAGR of 41.26% over 5 years.

Historical P/B Ratio of Shriram Pistons & Rings Ltd

No data available

Company Fundamentals for Shriram Pistons & Rings Ltd

Market Cap

7,832 Cr

EPS

108.9

P/E Ratio (TTM)

16.3

P/B Ratio (TTM)

3.7

Day’s High

1800.0

Day’s Low

1740.0

DTE

0.2

ROE

21.8

52 Week High

2100.0

52 Week Low

1556.0

ROCE

24.7

Market Price of Shriram Pistons & Rings Ltd

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
11 Apr 20251778.15
09 Apr 20251707.2
08 Apr 20251767.6
07 Apr 20251719.95
04 Apr 20251825.85
03 Apr 20251916.3
02 Apr 20251912.05
01 Apr 20251864.25
28 Mar 20251887.75
27 Mar 20251867.25

SWOT Analysis Of Shriram Pistons & Rings Ltd

Strength

5

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Shriram Pistons & Rings Ltd

Asset Value vs Market Value of Shriram Pistons & Rings Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

PB Ratio of Shriram Pistons & Rings Ltd Explained

7832

Market cap

485

Book Value per Share

3.7X

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

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Shriram Pistons & Rings Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Shriram Pistons & Rings Ltd News Hub

Shriram Pistons & Rings to declare Quarterly Result

Shriram Pistons & Rings will hold a meeting of the Board of Directors of the Company on 28 October 2

Read more

22 Oct 24

Shriram Pistons & Rings consolidated net profit rises 9.78% in the September 2024 quarter

Net profit of Shriram Pistons & Rings rose 9.78% to Rs 124.77 crore in the quarter ended September 2

Read more

29 Oct 24

Shriram Pistons & Rings to declare Quarterly Results

Shriram Pistons & Rings will hold a meeting of the Board of Directors of the Company on 3 February 2

Read more

28 Jan 25

Shriram Pistons & Rings consolidated net profit rises 11.69% in the December 2024 quarter

Net profit of Shriram Pistons & Rings rose 11.69% to Rs 119.91 crore in the quarter ended December 2

Read more

04 Feb 25

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

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 3.67. 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.
Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions

Join the

Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions