Home

Tejas Networks Ltd PB Ratio

Image

Tejas Networks Ltd

NSE: TEJASNET

PB

5.9

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Tejas Networks Ltd is 5.9.
  • The PB ratio of the Tejas Networks Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Tejas Networks Ltd changed from 1.2 on March 2019 to 3.6 on March 2024 . This represents a CAGR of 20.09% over 6 years.

Historical P/B Ratio of Tejas Networks Ltd

No data available

Company Fundamentals for Tejas Networks Ltd

Market Cap

21,915 Cr

EPS

26.5

P/E Ratio (TTM)

48.2

P/B Ratio (TTM)

5.9

Day’s High

1304.95

Day’s Low

1269.55

DTE

0.8

ROE

12.2

52 Week High

1495.1

52 Week Low

652.05

ROCE

13.2

Market Price of Tejas Networks Ltd

1M

1Y

3Y

5Y

Monitoring Tejas Networks 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 20241279.65
21 Nov 20241268.3
19 Nov 20241286.6
18 Nov 20241282.7
14 Nov 20241268.1

SWOT Analysis Of Tejas Networks Ltd

Strength

3

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Tejas Networks Ltd

Asset Value vs Market Value of Tejas Networks Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Tejas Networks Ltd5.9
Indus Towers Ltd105.7
ITI Ltd16.5
HFCL Ltd28.2
GTL Infrastructure Ltd-4.3

Historical Market Cap of Tejas Networks Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Tejas Networks Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Tejas Networks Ltd

What is the PB ratio of Tejas Networks Ltd?

The current PB ratio of Tejas Networks Ltd is 5.9. 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 Tejas Networks Ltd stocks?

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

The PB ratio of Tejas Networks 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 Tejas Networks Ltd?

A high PB ratio suggests that Tejas Networks 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 Tejas Networks Ltd?

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

Can Tejas Networks Ltd PB Ratio change over time?

Yes, the PB ratio of Tejas Networks 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.
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*