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PB Ratio of Times Green Energy India Ltd

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Times Green Energy India Ltd

NSE: TIMESGREENENER

PB Ratio

2

Last updated on: Apr 03, 2025

Key Highlights

  • The latest PB Ratio of Times Green Energy India Ltd is 2.
  • The PB ratio of the Times Green Energy India Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • 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

12 Cr

EPS

3.2

P/E Ratio (TTM)

24.1

P/B Ratio (TTM)

2.0

Day’s High

76.57

Day’s Low

76.57

DTE

0.1

ROE

1.0

52 Week High

90.3

52 Week Low

70.5

ROCE

2.0

Market Price of Times Green Energy India Ltd

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
03 Apr 202576.57
24 Mar 202580.6
18 Dec 202484.77
05 Dec 202480.75
28 Nov 202484.97
19 Nov 202489.44
13 Nov 202485.23
11 Nov 202481.23
07 Nov 202485.5
05 Nov 202485.5

SWOT Analysis Of Times Green Energy India Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Times Green Energy India Ltd

Asset Value vs Market Value of Times Green Energy India Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

PB Ratio of Times Green Energy India Ltd Explained

12.74

Market cap

39

Book Value per Share

2.0X

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

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Times Green Energy India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Times Green Energy India Ltd News Hub

Times Green Energy India schedules board meeting

Times Green Energy India will hold a meeting of the Board of Directors of the Company on 17 August 2

Read more

10 Aug 24

Times Green Energy India schedules AGM

Times Green Energy India announced that the Annual General Meeting (AGM) of the company will be held

Read more

28 Aug 24

Times Green Energy India schedules board meeting

Times Green Energy India will hold a meeting of the Board of Directors of the Company on 25 October

Read more

22 Oct 24

Document

Annual Reports

N/A

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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 1.97. 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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