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Tasty Bite Eatables Ltd PB Ratio

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Tasty Bite Eatables Ltd

NSE: TASTYBITE

PB

9.5

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Tasty Bite Eatables Ltd is 9.5.
  • The PB ratio of the Tasty Bite Eatables Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Tasty Bite Eatables Ltd changed from 16.3 on March 2019 to 11 on March 2024 . This represents a CAGR of -6.34% over 6 years.

Historical P/B Ratio of Tasty Bite Eatables Ltd

No data available

Company Fundamentals for Tasty Bite Eatables Ltd

Market Cap

2,754 Cr

EPS

59.1

P/E Ratio (TTM)

181.5

P/B Ratio (TTM)

9.5

Day’s High

10949.0

Day’s Low

10687.7

DTE

0.3

ROE

5.2

52 Week High

16233.45

52 Week Low

9141.3

ROCE

7.1

Market Price of Tasty Bite Eatables Ltd

1M

1Y

3Y

5Y

Monitoring Tasty Bite Eatables 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
22 Nov 202410733.75
21 Nov 202410851.75
19 Nov 202411169.05
18 Nov 202411087.85
14 Nov 202412163.7

SWOT Analysis Of Tasty Bite Eatables Ltd

Strength

0

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Tasty Bite Eatables Ltd

Asset Value vs Market Value of Tasty Bite Eatables Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Tasty Bite Eatables Ltd9.52
Hindustan Unilever Ltd214.8
Nestle India Ltd41.4
Varun Beverages Ltd47.5
Godrej Consumer Products Ltd85.9

Historical Market Cap of Tasty Bite Eatables Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Tasty Bite Eatables Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Tasty Bite Eatables Ltd

What is the PB ratio of Tasty Bite Eatables Ltd?

The current PB ratio of Tasty Bite Eatables Ltd is 9.52. 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 Tasty Bite Eatables Ltd stocks?

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

The PB ratio of Tasty Bite Eatables 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 Tasty Bite Eatables Ltd?

A high PB ratio suggests that Tasty Bite Eatables 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 Tasty Bite Eatables Ltd?

A low PB ratio of Tasty Bite Eatables Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Tasty Bite Eatables Ltd PB Ratio change over time?

Yes, the PB ratio of Tasty Bite Eatables 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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