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Thermax Ltd PB Ratio

Thermax Ltd PB Ratio

stocks purchased

₹ 0.8 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

1.5 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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Thermax Ltd

NSE: THERMAX

PB

13.7

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Thermax Ltd is 13.7 as of 07 Nov 24.
  • The P/B Ratio of Thermax Ltd changed from 6.3 on March 2022 to 10.6 on March 2024 . This represents a CAGR of 18.94% over 3 years. .

Historical P/B Ratio of Thermax Ltd

No data available

Company Fundamentals for Thermax Ltd

Market Cap

60,754 Cr

EPS

50.8

P/E Ratio (TTM) *

100.3

P/B Ratio (TTM) *

13.7

Day’s High *

5161.7

Day’s Low

5086.1

DTE *

0.3

ROE *

14.5

52 Week High

5835.0

52 Week Low

2500.0

ROCE *

16.4

Market Price Over Time

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
07 Nov 20245098.7
06 Nov 20245089.5
05 Nov 20245016.65
04 Nov 20244959.05
01 Nov 20245001.05
31 Oct 20244925.6
30 Oct 20244974.45
29 Oct 20245120
28 Oct 20245331.7
25 Oct 20245430.85

SWOT Analysis Of Thermax Ltd

Strength

3

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Thermax Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Thermax Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Thermax Ltd1360,754
Cummins India Ltd22298,572
Carborundum Universal Ltd12727,194
Jyoti CNC Automation Ltd7726,182
Grindwell Norton Ltd18424,264
Jupiter Wagons Ltd5721,645

Key Valuation Metric of Thermax Ltd

Share Price

₹5,099

PB Ratio

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 Thermax Ltd

No data available

* All values are in crore

Historical Revenue of Thermax Ltd

No data available

* All values are in crore

Historical EBITDA of Thermax Ltd

No data available

* All values are in crore

Historical Net Profit of Thermax Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Thermax Ltd News Hub

News

Thermax to acquire 100% stake in Buildtech Products India

Thermax has entered into Share Purchase and Share Subscription Agreement with Buildtech Pr...

Read more

25 Oct 202419:25

News

Thermax to announce Quarterly Result

Thermax will hold a meeting of the Board of Directors of the Company on 13 November 2024. ...

Read more

23 Oct 202410:41

News

Thermax arm bags repeat order of Rs 516 crore

This order is part of the second phase of a 600 MW project being developed by the major, p...

Read more

14 Sep 202412:21

News

Thermax to avail loan of Rs 250 cr from subsidiary

Thermax has entered into a loan agreement with Thermax Babcock and Wilcox Energy Solutions...

Read more

13 Sep 202416:06

News

Thermax enters into strategic collaboration with Ceres Power

Thermax has announced a strategic collaboration with Ceres Power, a subsidiary of Ceres Po...

Read more

12 Sep 202415:25

News

Thermax collaborates with Ceres Power for green hydrogen production

Ceres Power is a subsidiary of Ceres Power Holdings plc (CWR.L), a leading developer of cl...

Read more

12 Sep 202417:43

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FAQs for PB Ratio of Thermax Ltd

What is the PB ratio of Thermax Ltd?

The current PB ratio of Thermax Ltd is 13.68. 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.
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