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PB Ratio of Techno Electric & Engineering Company Ltd

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Techno Electric & Engineering Company Ltd

NSE: TECHNOE

PB Ratio

5.4

Last updated on: Dec 20, 2024

Key Highlights

  • The latest PB Ratio of Techno Electric & Engineering Company Ltd is 5.4.
  • The PB ratio of the Techno Electric & Engineering Company Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Techno Electric & Engineering Company Ltd changed from 2.2 on March 2019 to 3.8 on March 2024 . This represents a CAGR of 9.54% over 6 years.

Historical P/B Ratio of Techno Electric & Engineering Company Ltd

No data available

Company Fundamentals for Techno Electric & Engineering Company Ltd

Market Cap

18,884 Cr

EPS

27.3

P/E Ratio (TTM)

59.6

P/B Ratio (TTM)

5.4

Day’s High

1651.0

Day’s Low

1525.75

DTE

0.0

ROE

9.0

52 Week High

1824.95

52 Week Low

607.15

ROCE

9.7

Market Price of Techno Electric & Engineering Company Ltd

1M

1Y

3Y

5Y

Monitoring Techno Electric & Engineering Company 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
20 Dec 20241623.8
19 Dec 20241544.05
18 Dec 20241576.55
17 Dec 20241492.35
16 Dec 20241507.8

SWOT Analysis Of Techno Electric & Engineering Company Ltd

Strength

2

che

Weakness

3

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Techno Electric & Engineering Company Ltd

Asset Value vs Market Value of Techno Electric & Engineering Company Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Techno Electric & Engineering Company Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Techno Electric & Engineering Company Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Techno Electric & Engineering Company Ltd

What is the PB ratio of Techno Electric & Engineering Company Ltd?

The current PB ratio of Techno Electric & Engineering Company Ltd is 5.39. 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 Techno Electric & Engineering Company Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Techno Electric & Engineering Company 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 Techno Electric & Engineering Company Ltd calculated?

The PB ratio of Techno Electric & Engineering Company 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 Techno Electric & Engineering Company Ltd?

A high PB ratio suggests that Techno Electric & Engineering Company 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 Techno Electric & Engineering Company Ltd?

A low PB ratio of Techno Electric & Engineering Company Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Techno Electric & Engineering Company Ltd PB Ratio change over time?

Yes, the PB ratio of Techno Electric & Engineering Company Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
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