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Tega Industries Ltd PB Ratio

Tega Industries Ltd PB Ratio

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₹ 0.8 Cr

Volume transacted

stocks purchased

4.0 K

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Last Updated time: 18 Sep 9.00 AM

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Tega Industries Ltd

NSE: TEGA

PB

10.3

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Tega Industries Ltd is 10.3 as of 18 Sep 24.
  • The P/B Ratio of Tega Industries Ltd changed from 4.2 on March 2022 to 6.9 on March 2024 . This represents a CAGR of 18.00% over 3 years. .

Historical P/B Ratio of Tega Industries Ltd

No data available

Company Fundamentals for Tega Industries Ltd

Market Cap

12,324 Cr

EPS

31.4

P/E Ratio (TTM) *

58.9

P/B Ratio (TTM) *

10.3

Day’s High *

1919.0

Day’s Low

1841.7

DTE *

0.3

ROE *

16.3

52 Week High

1971.4

52 Week Low

842.05

ROCE *

18.6

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Tega Industries Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 20241852.35
17 Sep 20241867.3
16 Sep 20241840.2
13 Sep 20241811.45
12 Sep 20241772.55
11 Sep 20241816.85
10 Sep 20241789.2
09 Sep 20241720.3
06 Sep 20241716.4
05 Sep 20241701.8

SWOT Analysis Of Tega Industries Ltd

Strength

4

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Tega Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Tega Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Tega Industries Ltd1012,324
Lakshmi Machine Works Ltd249217,191
Azad Engineering Ltd1098,900
Skipper Ltd864,646
Rajoo Engineers Ltd94,578
The Anup Engineering Ltd2644,422

Key Valuation Metric of Tega Industries Ltd

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 Tega Industries Ltd

No data available

* All values are in crore

Historical Revenue of Tega Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Tega Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Tega Industries Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Tega Industries Ltd News Hub

News

Tega Industries schedules board meeting

Tega Industries will hold a meeting of the Board of Directors of the Company on 8 August 2...

Read more

16 Jul 202415:56

News

Tega Inds subsidiary inks service supply contract with NMDC

The contract is for design, engineering, manufacture, supply, erection, testing and commis...

Read more

27 Jun 202416:26

News

Tega Industries schedules AGM

Tega Industries announced that the 48th Annual General Meeting(AGM) of the company will be...

Read more

28 May 202415:29

News

Board of Tega Industries appoints director

The Board of Tega Industries has appointed Syed Yaver Imam (DIN: 00588381) as an Additiona...

Read more

23 May 202414:36

News

Board of Tega Industries recommends Final Dividend

Tega Industries announced that the Board of Directors of the Company at its meeting held o...

Read more

23 May 202414:41

News

Tega Industries to announce Quarterly Result

Tega Industries will hold a meeting of the Board of Directors of the Company on 23 May 202...

Read more

14 May 202413:52

Document

Annual Reports

Annual Report 2024

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Credit Ratings

Credit Report 2024

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Concalls

Sep 2023

Transcript

Aug 2023

PPT

June 2023

TranscriptPPT

June 2022

TranscriptPPT

FAQs for PB Ratio of Tega Industries Ltd

What is the PB ratio of Tega Industries Ltd?

The current PB ratio of Tega Industries Ltd is 10.34. 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 Tega Industries Ltd stocks?

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

The PB ratio of Tega 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 Tega Industries Ltd?

A high PB ratio suggests that Tega 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 Tega Industries Ltd?

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

Can Tega Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Tega 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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