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Techno Electric & Engineering Company Ltd PB Ratio

Techno Electric & Engineering Company Ltd PB Ratio

stocks purchased

₹ 0.4 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

2.2 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Techno Electric & Engineering Company Ltd

NSE: TECHNOE

PB

5.7

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Techno Electric & Engineering Company Ltd is 5.7 as of 07 Nov 24.
  • The P/B Ratio of Techno Electric & Engineering Company Ltd changed from 1.5 on March 2022 to 3.8 on March 2024 . This represents a CAGR of 36.32% over 3 years. .

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

No data available

Company Fundamentals for Techno Electric & Engineering Company Ltd

Market Cap

19,280 Cr

EPS

25.5

P/E Ratio (TTM) *

65.0

P/B Ratio (TTM) *

5.7

Day’s High *

1694.95

Day’s Low

1640.55

DTE *

0.0

ROE *

12.4

52 Week High

1824.95

52 Week Low

521.05

ROCE *

15.3

Market Price Over Time

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
07 Nov 20241657.8
06 Nov 20241648.65
05 Nov 20241588.55
04 Nov 20241570.75
01 Nov 20241591.45
31 Oct 20241571.6
30 Oct 20241505
29 Oct 20241481.85
28 Oct 20241460.75
25 Oct 20241471.4

SWOT Analysis Of Techno Electric & Engineering Company Ltd

Strength

2

S

Weakness

3

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Techno Electric & Engineering Company Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

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

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Techno Electric & Engineering Company Ltd

Share Price

₹1,658

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 Techno Electric & Engineering Company Ltd

No data available

* All values are in crore

Historical Revenue of Techno Electric & Engineering Company Ltd

No data available

* All values are in crore

Historical EBITDA of Techno Electric & Engineering Company Ltd

No data available

* All values are in crore

Historical Net Profit of Techno Electric & Engineering Company Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Techno Electric & Engineering Company Ltd News Hub

News

Techno Electric & Engg. Company to declare Quarterly Result

Techno Electric & Engg. Company will hold a meeting of the Board of Directors of the Compa...

Read more

06 Nov 202410:15

News

Techno Electric & Engg. Company to discuss results

Techno Electric & Engg. Company will hold a meeting of the Board of Directors of the Compa...

Read more

02 Nov 202412:37

News

Techno Electric & Engg. Company to convene AGM

Techno Electric & Engg. Company announced that the Annual General Meeting (AGM) of the com...

Read more

06 Sep 202417:40

News

Techno Electric & Engg. Company to conduct AGM

Techno Electric & Engg. Company announced that the Annual General Meeting (AGM) of the com...

Read more

06 Sep 202416:39

News

Techno Electric & Engineering Company bags contract from RailTel

Techno Electric & Engineering Company (TEECL) has been awarded a contract to Design, Build...

Read more

02 Sep 202414:45

News

Techno Electric ends higher after bagging contract for data centers from RailTel Corp

Accordingly, the company will establish EDCs in 102 Indian cities for RailTel Corporation ...

Read more

02 Sep 202416:09

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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 5.65. 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.
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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