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PB Ratio of Shriram Pistons & Rings Ltd

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Shriram Pistons & Rings Ltd

NSE: SHRIPISTON

PB Ratio

4.3

Last updated on: Dec 27, 2024

Key Highlights

  • The latest PB Ratio of Shriram Pistons & Rings Ltd is 4.3.
  • 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 2.3 on March 2019 to 4.5 on March 2024 . This represents a CAGR of 11.84% over 6 years.

Historical P/B Ratio of Shriram Pistons & Rings Ltd

No data available

Company Fundamentals for Shriram Pistons & Rings Ltd

Market Cap

9,109 Cr

EPS

106.1

P/E Ratio (TTM)

19.5

P/B Ratio (TTM)

4.3

Day’s High

2098.0

Day’s Low

2027.0

DTE

0.2

ROE

21.8

52 Week High

2399.0

52 Week Low

1366.0

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
27 Dec 20242067.95
26 Dec 20242067.75
24 Dec 20242056.85
23 Dec 20242032.3
20 Dec 20242054.65

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

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

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 4.27. 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.

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