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Thejo Engineering Ltd PB Ratio

Thejo Engineering Ltd PB Ratio

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₹ 1.6 Cr

Volume transacted

stocks purchased

6.0 K

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Last Updated time: 18 Sep 9.00 AM

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Thejo Engineering Ltd

NSE: THEJO

PB

11.6

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Thejo Engineering Ltd is 11.6 as of 18 Sep 24.
  • The P/B Ratio of Thejo Engineering Ltd changed from 7.8 on March 2022 to 10.5 on March 2024 . This represents a CAGR of 10.42% over 3 years. .

Historical P/B Ratio of Thejo Engineering Ltd

No data available

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Thejo Engineering 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 20242670.35
17 Sep 20242650.7
16 Sep 20242687
13 Sep 20242766.25
12 Sep 20242738.45
11 Sep 20242650.35
10 Sep 20242630.5
09 Sep 20242597.1
06 Sep 20242692.1
05 Sep 20242693.35

SWOT Analysis Of Thejo Engineering Ltd

Strength

2

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Thejo Engineering Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Thejo Engineering Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Thejo Engineering Ltd112,895
Lakshmi Machine Works Ltd249217,191
Tega Industries Ltd17212,325
Azad Engineering Ltd1098,900
Skipper Ltd864,646
Rajoo Engineers Ltd94,578

Key Valuation Metric of Thejo Engineering 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 Thejo Engineering Ltd

No data available

* All values are in crore

Historical Revenue of Thejo Engineering Ltd

No data available

* All values are in crore

Historical EBITDA of Thejo Engineering Ltd

No data available

* All values are in crore

Historical Net Profit of Thejo Engineering Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Thejo Engineering Ltd News Hub

News

Thejo Engineering to announce Quarterly Result

Thejo Engineering will hold a meeting of the Board of Directors of the Company on 9 August...

Read more

24 Jul 202410:42

News

Board of Thejo Engineering recommends final dividend

Thejo Engineering announced that the Board of Directors of the Company at its meeting held...

Read more

28 May 202416:25

News

Thejo Engineering AGM scheduled

Thejo Engineering announced that the 38th Annual General Meeting (AGM) of the company will...

Read more

28 May 202416:25

News

Thejo Engineering to table results

Thejo Engineering will hold a meeting of the Board of Directors of the Company on 28 May 2...

Read more

16 May 202416:29

News

Thejo Engineering to hold board meeting

Thejo Engineering will hold a meeting of the Board of Directors of the Company on 10 Novem...

Read more

26 Oct 202312:51

News

Thejo Engineering announces board meeting date

Thejo Engineering will hold a meeting of the Board of Directors of the Company on 12 Augus...

Read more

26 Jul 202309:49

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FAQs for PB Ratio of Thejo Engineering Ltd

What is the PB ratio of Thejo Engineering Ltd?

The current PB ratio of Thejo Engineering Ltd is 11.56. 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 Thejo Engineering Ltd stocks?

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

The PB ratio of Thejo Engineering 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 Thejo Engineering Ltd?

A high PB ratio suggests that Thejo Engineering 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 Thejo Engineering Ltd?

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

Can Thejo Engineering Ltd PB Ratio change over time?

Yes, the PB ratio of Thejo Engineering 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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