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Time Technoplast Ltd PB Ratio

Time Technoplast Ltd PB Ratio

stocks purchased

₹ 0.4 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

10.2 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Time Technoplast Ltd

NSE: TIMETECHNO

PB

3.7

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Time Technoplast Ltd is 3.7 as of 07 Nov 24.
  • The P/B Ratio of Time Technoplast Ltd changed from 0.7 on March 2022 to 2.2 on March 2024 . This represents a CAGR of 46.48% over 3 years. .

Historical P/B Ratio of Time Technoplast Ltd

No data available

Company Fundamentals for Time Technoplast Ltd

Market Cap

9,466 Cr

EPS

14.7

P/E Ratio (TTM) *

28.4

P/B Ratio (TTM) *

3.7

Day’s High *

418.85

Day’s Low

411.3

DTE *

0.3

ROE *

12.2

52 Week High

473.7

52 Week Low

160.15

ROCE *

15.7

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Time Technoplast 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 2024417.15
06 Nov 2024423.35
05 Nov 2024409.85
04 Nov 2024407
01 Nov 2024430.5
31 Oct 2024423.45
30 Oct 2024411.15
29 Oct 2024403.3
28 Oct 2024400.45
25 Oct 2024398.65

SWOT Analysis Of Time Technoplast Ltd

Strength

6

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Time Technoplast Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Time Technoplast Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Time Technoplast Ltd39,466
Supreme Industries Ltd36259,302
Astral Ltd11648,073
Finolex Industries Ltd10618,379
Responsive Industries Ltd357,205
V I P Industries Ltd416,773

Key Valuation Metric of Time Technoplast Ltd

Share Price

₹415

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 Time Technoplast Ltd

No data available

* All values are in crore

Historical Revenue of Time Technoplast Ltd

No data available

* All values are in crore

Historical EBITDA of Time Technoplast Ltd

No data available

* All values are in crore

Historical Net Profit of Time Technoplast Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Time Technoplast Ltd News Hub

News

Time Technoplast to convene board meeting

Time Technoplast will hold a meeting of the Board of Directors of the Company on 11 Novemb...

Read more

02 Nov 202413:49

News

Time Technoplast gains as board OKs raising Rs 1,000-cr via QIP

The proposal is subject to necessary approvals including the approval of the members of th...

Read more

28 Oct 202410:50

News

Time Technoplast board OKs raising Rs 1,000 cr via QIP

The proposal is subject to necessary approvals including the approval of the members of th...

Read more

26 Oct 202409:32

News

Time Technoplast to hold board meeting

Time Technoplast will hold a meeting of the Board of Directors of the Company on 25 Octobe...

Read more

23 Oct 202410:20

News

Time Technoplast receives order of Rs 67.21 cr

Time Technoplast has received a letter of acceptance for supply of Type IV CNG/CBG Mobile ...

Read more

09 Sep 202416:50

News

Time Technoplast bags LoA for supply of storage cascades

The order includes supply of product, type IV CNG and CBG mobile storage cascades. The sai...

Read more

09 Sep 202415:16

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Time Technoplast Ltd

What is the PB ratio of Time Technoplast Ltd?

The current PB ratio of Time Technoplast Ltd is 3.71. 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 Time Technoplast Ltd stocks?

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

The PB ratio of Time Technoplast 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 Time Technoplast Ltd?

A high PB ratio suggests that Time Technoplast 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 Time Technoplast Ltd?

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

Can Time Technoplast Ltd PB Ratio change over time?

Yes, the PB ratio of Time Technoplast 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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