Home

PB Ratio of Thermax Ltd

Image

Thermax Ltd

NSE: THERMAX

PB Ratio

9.3

Last updated on: Jul 23, 2025

Key Highlights

  • The latest PB Ratio of Thermax Ltd is 9.3.
  • The PB ratio of the Thermax Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Thermax Ltd changed from 2.8 on March 2020 to 8.3 on March 2025 . This represents a CAGR of 19.85% over 6 years.

Historical P/B Ratio of Thermax Ltd

No data available

Company Fundamentals for Thermax Ltd

Market Cap

46,111 Cr

EPS

53.4

P/E Ratio (TTM)

72.5

P/B Ratio (TTM)

9.3

Day’s High

3953.0

Day’s Low

3841.85

DTE

0.3

ROE

12.9

52 Week High

5721.2

52 Week Low

2930.05

ROCE

14.6

Market Price of Thermax Ltd

1M

1Y

3Y

5Y

Monitoring Thermax 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 Jul 20253869.85
22 Jul 20253943.35
21 Jul 20253904.35
18 Jul 20253887.45
17 Jul 20253883.55
16 Jul 20253647.3
15 Jul 20253477.25
14 Jul 20253440.25
11 Jul 20253465.5
10 Jul 20253434.3

SWOT Analysis Of Thermax Ltd

Strength

3

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Thermax Ltd

Asset Value vs Market Value of Thermax Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

PB Ratio of Thermax Ltd Explained

46111

Market cap

414

Book Value per Share

9.3X

PB Ratio

Historical Market Cap of Thermax Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Thermax Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Thermax Ltd News Hub

Thermax Q1 PAT soars 97% YoY to Rs 116 cr

Revenue from operations stood at Rs 2,184.41 crore during the quarter, grew by 13.01% year on year.

Read more

02 Aug 24

Board of Thermax approves issuance of guarantee on behalf of Thermax (Thailand)

The Board of Thermax at its meeting held on 1 August 2024 has approved issuance of guarantee for an

Read more

01 Aug 24

Board of Thermax approves investment of USD 2.8 mn in Thermax Thailand

The Board of Thermax at its meeting held on 1 August 2024 has approved additional equity investment

Read more

01 Aug 24

Thermax consolidated net profit rises 96.69% in the June 2024 quarter

Net profit of Thermax rose 96.69% to Rs 115.81 crore in the quarter ended June 2024 as against Rs 58

Read more

01 Aug 24

Document

Annual Reports

Annual Report 2024

dropdown
download

Credit Ratings

Credit Report 2024

dropdown
download

Concalls

Aug 2024

PPT

Nov 2021

PPT

June 2021

TranscriptPPT

Feb 2021

PPT

FAQs for PB Ratio of Thermax Ltd

What is the PB ratio of Thermax Ltd?

The current PB ratio of Thermax Ltd is 9.34. 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 Thermax Ltd stocks?

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

The PB ratio of Thermax 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 Thermax Ltd?

A high PB ratio suggests that Thermax 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 Thermax Ltd?

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

Can Thermax Ltd PB Ratio change over time?

Yes, the PB ratio of Thermax 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.
Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions

Join the

Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions