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Stovec Industries Ltd PB Ratio

Stovec Industries Ltd PB Ratio

stocks purchased

₹ 0.8 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

2.3 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Stovec Industries Ltd

NSE: STOVECINDS

PB

5.7

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Stovec Industries Ltd is 5.7 as of 07 Nov 24.
  • The P/B Ratio of Stovec Industries Ltd changed from 2.8 to 3.7 over 2 quarters. This represents a CAGR of 74.62% .

Historical P/B Ratio of Stovec Industries Ltd

No data available

Company Fundamentals for Stovec Industries Ltd

Market Cap

687 Cr

EPS

61.8

P/E Ratio (TTM) *

53.2

P/B Ratio (TTM) *

5.7

Day’s High *

3410.0

Day’s Low

3270.0

DTE *

0.0

ROE *

10.7

52 Week High

4372.0

52 Week Low

2302.0

ROCE *

13.9

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Stovec Industries 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 20243288.45
06 Nov 20243313.95
05 Nov 20243259.95
04 Nov 20243250.5
01 Nov 20243228.7
31 Oct 20243268.55
30 Oct 20243265.05
29 Oct 20243341
28 Oct 20243311.45
25 Oct 20243272.95

SWOT Analysis Of Stovec Industries Ltd

Strength

0

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Stovec Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Stovec Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Stovec Industries Ltd5687
Cummins India Ltd22298,572
Thermax Ltd29660,754
Carborundum Universal Ltd12727,194
Jyoti CNC Automation Ltd7726,182
Grindwell Norton Ltd18424,264

Key Valuation Metric of Stovec Industries Ltd

Share Price

₹3,288

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 Stovec Industries Ltd

No data available

* All values are in crore

Historical Revenue of Stovec Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Stovec Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Stovec Industries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Stovec Industries Ltd News Hub

News

Stovec Industries announces board meeting date

Stovec Industries will hold a meeting of the Board of Directors of the Company on 14 Novem...

Read more

07 Nov 202420:13

News

Stovec Industries to declare Quarterly Result

Stovec Industries will hold a meeting of the Board of Directors of the Company on 12 Augus...

Read more

01 Aug 202419:24

News

Board of Stovec Industries recommends Interim Dividend

Stovec Industries announced that the Board of Directors of the Company at its meeting held...

Read more

09 May 202417:43

News

Stovec Industries to announce Quarterly Result

Stovec Industries will hold a meeting of the Board of Directors of the Company on 9 May 20...

Read more

02 May 202415:31

News

Stovec Industries to convene AGM

Stovec Industries announced that the 50th Annual General Meeting (AGM) of the company will...

Read more

19 Mar 202420:04

News

Board of Stovec Industries recommends final dividend

Stovec Industries announced that the Board of Directors of the Company at its meeting held...

Read more

26 Feb 202419:43

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Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Stovec Industries Ltd

What is the PB ratio of Stovec Industries Ltd?

The current PB ratio of Stovec Industries Ltd is 5.69. 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 Stovec Industries Ltd stocks?

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

The PB ratio of Stovec Industries 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 Stovec Industries Ltd?

A high PB ratio suggests that Stovec Industries 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 Stovec Industries Ltd?

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

Can Stovec Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Stovec Industries 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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