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Tanfac Industries Ltd PB Ratio

Tanfac Industries Ltd PB Ratio

stocks purchased

₹ 11.4 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

49.6 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Tanfac Industries Ltd

NSE: TANFACIND

PB

8.8

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Tanfac Industries Ltd is 8.8 as of 07 Nov 24.
  • The P/B Ratio of Tanfac Industries Ltd changed from 4.3 on March 2022 to 8.5 on March 2024 . This represents a CAGR of 25.50% over 3 years. .

Historical P/B Ratio of Tanfac Industries Ltd

No data available

Company Fundamentals for Tanfac Industries Ltd

Market Cap

2,288 Cr

EPS

53.5

P/E Ratio (TTM) *

42.9

P/B Ratio (TTM) *

8.8

Day’s High *

2339.0

Day’s Low

2020.1

DTE *

0.1

ROE *

20.4

52 Week High

2778.7

52 Week Low

1690.0

ROCE *

24.2

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Tanfac 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 20242294
06 Nov 20242042.05
05 Nov 20242022.1
04 Nov 20242053.35
01 Nov 20242070.15
31 Oct 20242012
30 Oct 20241997.8
29 Oct 20241988.35
28 Oct 20242000.15
25 Oct 20241959.55

SWOT Analysis Of Tanfac Industries Ltd

Strength

1

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Tanfac Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Tanfac Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Tanfac Industries Ltd82,288
Pidilite Industries Ltd1691,60,445
SRF Ltd36770,370
Linde India Ltd40266,428
Gujarat Fluorochemicals Ltd55947,309
Deepak Nitrite Ltd21638,404

Key Valuation Metric of Tanfac Industries Ltd

Share Price

₹2,294

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 Tanfac Industries Ltd

No data available

* All values are in crore

Historical Revenue of Tanfac Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Tanfac Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Tanfac Industries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Tanfac Industries Ltd News Hub

News

Tanfac Industries to discuss results

Tanfac Industries will hold a meeting of the Board of Directors of the Company on 23 Octob...

Read more

17 Oct 202415:54

News

Tanfac Industries commissions expanded capacity of its hydrofluoric acid plant

Tanfac Industries has completed the brownfield expansion project of its hydrofluoric acid ...

Read more

07 Oct 202409:05

News

Tanfac Inds commissions expanded hydrofluoric acid manufacturing capacity

In February last year, the company had announced its decision to expand hydrofluoric (HF) ...

Read more

07 Oct 202412:25

News

Tanfac Industries to conduct AGM

Tanfac Industries announced that the Annual General Meeting (AGM) of the company will be h...

Read more

18 Sep 202416:45

News

Tanfac Industries schedules board meeting

Tanfac Industries will hold a meeting of the Board of Directors of the Company on 19 July ...

Read more

11 Jul 202409:30

News

Tanfac Inds soars after signing 5-year supply deal worth $81 million with Japanese company

The agreement is for supplying a refrigerant gas and the deliveries of the same will start...

Read more

20 Jun 202412:00

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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 Tanfac Industries Ltd

What is the PB ratio of Tanfac Industries Ltd?

The current PB ratio of Tanfac Industries Ltd is 8.75. 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 Tanfac Industries Ltd stocks?

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

The PB ratio of Tanfac 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 Tanfac Industries Ltd?

A high PB ratio suggests that Tanfac 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 Tanfac Industries Ltd?

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

Can Tanfac Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Tanfac 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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