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PB Ratio of Thejo Engineering Ltd

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Thejo Engineering Ltd

NSE: THEJO

PB Ratio

8.8

Last updated on: Dec 23, 2024

Key Highlights

  • The latest PB Ratio of Thejo Engineering Ltd is 8.8.
  • The PB ratio of the Thejo Engineering Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Thejo Engineering Ltd changed from 2.5 on March 2019 to 10.5 on March 2024 . This represents a CAGR of 27.02% over 6 years.

Historical P/B Ratio of Thejo Engineering Ltd

No data available

Company Fundamentals for Thejo Engineering Ltd

Market Price of Thejo Engineering Ltd

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 Market Price

Date
leftPrice (₹)right
23 Dec 20242206.6
20 Dec 20242106.8
19 Dec 20242123.55
18 Dec 20242141.2
17 Dec 20242159.95

SWOT Analysis Of Thejo Engineering Ltd

Strength

2

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Thejo Engineering Ltd

Asset Value vs Market Value of Thejo Engineering Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Thejo Engineering Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Thejo Engineering Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 8.82. 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.
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