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Thirdwave Financial Intermediaries Ltd PB Ratio

Thirdwave Financial Intermediaries Ltd PB Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

8.7 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Thirdwave Financial Intermediaries Ltd

NSE: THIRDWAVEFIN

PB

9

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Thirdwave Financial Intermediaries Ltd is 9 as of 07 Nov 24.
  • The P/B Ratio of Thirdwave Financial Intermediaries Ltd changed from 4.5 on March 2022 to 15.5 on March 2024 . This represents a CAGR of 51.02% over 3 years. .

Historical P/B Ratio of Thirdwave Financial Intermediaries Ltd

No data available

Company Fundamentals for Thirdwave Financial Intermediaries Ltd

Market Cap

533 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

9.0

Day’s High *

156.3

Day’s Low

155.6

DTE *

0.0

ROE *

0.0

52 Week High

170.2

52 Week Low

38.61

ROCE *

0.0

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Thirdwave Financial Intermediaries 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 2024148.9
06 Nov 2024144.6
05 Nov 2024138.9
04 Nov 2024137.3
01 Nov 2024144.5
31 Oct 2024144.65
30 Oct 2024144.75
29 Oct 2024141.9
28 Oct 2024138.85
25 Oct 2024134

BlinkX Score for Thirdwave Financial Intermediaries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Thirdwave Financial Intermediaries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Thirdwave Financial Intermediaries Ltd

Share Price

₹156

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 Thirdwave Financial Intermediaries Ltd

No data available

* All values are in crore

Historical Revenue of Thirdwave Financial Intermediaries Ltd

No data available

* All values are in crore

Historical EBITDA of Thirdwave Financial Intermediaries Ltd

No data available

* All values are in crore

Historical Net Profit of Thirdwave Financial Intermediaries Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Thirdwave Financial Intermediaries Ltd News Hub

News

Thirdwave Financial Intermediaries to discuss results

Thirdwave Financial Intermediaries will hold a meeting of the Board of Directors of the Co...

Read more

26 Oct 202415:54

News

Thirdwave Financial Intermediaries schedules AGM

Thirdwave Financial Intermediaries announced that the 34th Annual General Meeting (AGM) of...

Read more

05 Sep 202415:12

News

Thirdwave Financial Intermediaries to declare Quarterly Result

Thirdwave Financial Intermediaries will hold a meeting of the Board of Directors of the Co...

Read more

05 Aug 202414:17

News

Thirdwave Financial Intermediaries declare Quarterly Result

Thirdwave Financial Intermediaries will hold a meeting of the Board of Directors of the Co...

Read more

16 May 202416:28

News

Thirdwave Financial Intermediaries declare Quarterly Result

Thirdwave Financial Intermediaries will hold a meeting of the Board of Directors of the Co...

Read more

15 May 202417:30

News

Thirdwave Financial Intermediaries to discuss results

Thirdwave Financial Intermediaries will hold a meeting of the Board of Directors of the Co...

Read more

02 Feb 202414:38

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Concalls

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FAQs for PB Ratio of Thirdwave Financial Intermediaries Ltd

What is the PB ratio of Thirdwave Financial Intermediaries Ltd?

The current PB ratio of Thirdwave Financial Intermediaries Ltd is 8.99. 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 Thirdwave Financial Intermediaries Ltd stocks?

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

The PB ratio of Thirdwave Financial Intermediaries 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 Thirdwave Financial Intermediaries Ltd?

A high PB ratio suggests that Thirdwave Financial Intermediaries 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 Thirdwave Financial Intermediaries Ltd?

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

Can Thirdwave Financial Intermediaries Ltd PB Ratio change over time?

Yes, the PB ratio of Thirdwave Financial Intermediaries 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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