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PB Ratio of Time Technoplast Ltd

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Time Technoplast Ltd

NSE: TIMETECHNO

PB Ratio

4

Last updated on: Dec 20, 2024

Key Highlights

  • The latest PB Ratio of Time Technoplast Ltd is 4.
  • The PB ratio of the Time Technoplast Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Time Technoplast Ltd changed from 1.4 on March 2019 to 2.2 on March 2024 . This represents a CAGR of 7.82% over 6 years.

Historical P/B Ratio of Time Technoplast Ltd

No data available

Company Fundamentals for Time Technoplast Ltd

Market Cap

10,606 Cr

EPS

15.9

P/E Ratio (TTM)

29.3

P/B Ratio (TTM)

4.0

Day’s High

493.25

Day’s Low

466.0

DTE

0.3

ROE

13.5

52 Week High

513.35

52 Week Low

161.9

ROCE

17.2

Market Price of Time Technoplast Ltd

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
20 Dec 2024467.4
19 Dec 2024484.8
18 Dec 2024484.8
17 Dec 2024491.35
16 Dec 2024487.55

SWOT Analysis Of Time Technoplast Ltd

Strength

6

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Time Technoplast Ltd

Asset Value vs Market Value of Time Technoplast Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Time Technoplast Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Time Technoplast Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 3.96. 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.
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