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Technocraft Industries (india) Ltd PB Ratio

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Technocraft Industries (India) Ltd

NSE: TIIL

PB

3.4

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Technocraft Industries (India) Ltd is 3.4.
  • The PB ratio of the Technocraft Industries (India) Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Technocraft Industries (India) Ltd changed from 1.7 on March 2019 to 2.7 on March 2024 . This represents a CAGR of 8.02% over 6 years.

Historical P/B Ratio of Technocraft Industries (India) Ltd

No data available

Company Fundamentals for Technocraft Industries (India) Ltd

Market Cap

5,725 Cr

EPS

117.4

P/E Ratio (TTM)

21.2

P/B Ratio (TTM)

3.4

Day’s High

2593.0

Day’s Low

2474.35

DTE

0.4

ROE

15.8

52 Week High

3939.0

52 Week Low

1502.1

ROCE

16.7

Market Price of Technocraft Industries (India) Ltd

1M

1Y

3Y

5Y

Monitoring Technocraft Industries (India) 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 20242493.5
21 Nov 20242502.95
19 Nov 20242600.05
18 Nov 20242505.85
14 Nov 20242527

SWOT Analysis Of Technocraft Industries (India) Ltd

Strength

3

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Technocraft Industries (India) Ltd

Asset Value vs Market Value of Technocraft Industries (India) Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Technocraft Industries (India) Ltd3.44
JSW Steel Ltd312.2
Tata Steel Ltd113.3
Jindal Steel & Power Ltd474.0
Tube Investments of India Ltd215.6

Historical Market Cap of Technocraft Industries (India) Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Technocraft Industries (India) Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Technocraft Industries (India) Ltd

What is the PB ratio of Technocraft Industries (India) Ltd?

The current PB ratio of Technocraft Industries (India) Ltd is 3.44. 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 Technocraft Industries (India) Ltd stocks?

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

The PB ratio of Technocraft Industries (India) 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 Technocraft Industries (India) Ltd?

A high PB ratio suggests that Technocraft Industries (India) 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 Technocraft Industries (India) Ltd?

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

Can Technocraft Industries (India) Ltd PB Ratio change over time?

Yes, the PB ratio of Technocraft Industries (India) 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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