Home

PB Ratio of Thermax Ltd

Image

Thermax Ltd

NSE: THERMAX

PB Ratio

12

Last updated on: Dec 20, 2024

Key Highlights

  • The latest PB Ratio of Thermax Ltd is 12.
  • 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 3.6 on March 2019 to 10.6 on March 2024 . This represents a CAGR of 19.72% over 6 years.

Historical P/B Ratio of Thermax Ltd

No data available

Company Fundamentals for Thermax Ltd

Market Cap

55,395 Cr

EPS

54.1

P/E Ratio (TTM)

85.9

P/B Ratio (TTM)

12.0

Day’s High

4783.1

Day’s Low

4488.85

DTE

0.3

ROE

14.0

52 Week High

5835.0

52 Week Low

2914.6

ROCE

15.4

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
20 Dec 20244648.95
19 Dec 20244646.65
18 Dec 20244744.15
17 Dec 20244799.3
16 Dec 20244902.5

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

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

FAQs for PB Ratio of Thermax Ltd

What is the PB ratio of Thermax Ltd?

The current PB ratio of Thermax Ltd is 11.99. 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.
Open Demat Account
Verify your phone
+91
*By signing up you agree to our terms & conditions