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Times Green Energy India Ltd PB Ratio

Times Green Energy India Ltd PB Ratio

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₹ 0.0 Cr

Volume Transacted

(Nov 11, 2024)

stocks purchased

2.0 K

Stocks Traded

(Nov 11, 2024)

Last Updated on: Nov 13, 2024

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Times Green Energy India Ltd

NSE: TIMESGREENENER

PB

2.1

Last updated on: Nov 11, 2024

Key Highlights

  • The P/B Ratio of Times Green Energy India Ltd is 2.1 as of 11 Nov 24.
  • The P/B Ratio of Times Green Energy India Ltd changed from 1.9 on March 2022 to 2.1 on March 2024 . This represents a CAGR of 3.39% over 3 years. .

Historical P/B Ratio of Times Green Energy India Ltd

No data available

Company Fundamentals for Times Green Energy India Ltd

Market Cap

13 Cr

EPS

3.2

P/E Ratio (TTM) *

25.5

P/B Ratio (TTM) *

2.1

Day’s High *

81.23

Day’s Low

81.23

DTE *

0.1

ROE *

1.0

52 Week High

90.3

52 Week Low

64.0

ROCE *

2.0

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Times Green Energy India 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
11 Nov 202481.23
07 Nov 202485.5
05 Nov 202485.5
22 Oct 202486
18 Oct 202486
17 Oct 202486.8
16 Oct 202486
19 Sep 202485.79
28 Aug 202485.79
21 Aug 202490.3

SWOT Analysis Of Times Green Energy India Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Times Green Energy India Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Times Green Energy India Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Times Green Energy India Ltd213
Adani Enterprises Ltd1903,30,863
Aegis Logistics Ltd7127,203
Cello World Ltd6518,585
Redington Ltd5014,862
Honasa Consumer Ltd3412,153

Key Valuation Metric of Times Green Energy India Ltd

Share Price

₹81

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 Times Green Energy India Ltd

No data available

* All values are in crore

Historical Revenue of Times Green Energy India Ltd

No data available

* All values are in crore

Historical EBITDA of Times Green Energy India Ltd

No data available

* All values are in crore

Historical Net Profit of Times Green Energy India Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Times Green Energy India Ltd News Hub

News

Times Green Energy India schedules board meeting

Times Green Energy India will hold a meeting of the Board of Directors of the Company on 2...

Read more

22 Oct 202410:56

News

Times Green Energy India schedules AGM

Times Green Energy India announced that the Annual General Meeting (AGM) of the company wi...

Read more

28 Aug 202414:57

News

Times Green Energy India schedules board meeting

Times Green Energy India will hold a meeting of the Board of Directors of the Company on 1...

Read more

10 Aug 202411:10

News

Times Green Energy India to table results

Times Green Energy India will hold a meeting of the Board of Directors of the Company on 2...

Read more

24 May 202411:46

News

Times Green Energy India announces board meeting date

Times Green Energy India will hold a meeting of the Board of Directors of the Company on 5...

Read more

31 Jan 202411:43

News

Times Green Energy India to table results

Times Green Energy India will hold a meeting of the Board of Directors of the Company on 8...

Read more

06 Nov 202319:58

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Times Green Energy India Ltd

What is the PB ratio of Times Green Energy India Ltd?

The current PB ratio of Times Green Energy India Ltd is 2.09. 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 Times Green Energy India Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Times Green Energy India 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 Times Green Energy India Ltd calculated?

The PB ratio of Times Green Energy India 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 Times Green Energy India Ltd?

A high PB ratio suggests that Times Green Energy India 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 Times Green Energy India Ltd?

A low PB ratio of Times Green Energy India Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Times Green Energy India Ltd PB Ratio change over time?

Yes, the PB ratio of Times Green Energy India 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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