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Timex Group India Ltd PB Ratio

Timex Group India Ltd PB Ratio

stocks purchased

₹ 1.6 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

84.6 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Timex Group India Ltd

NSE: TIMEXWATCH

PB

21.8

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Timex Group India Ltd is 21.8 as of 07 Nov 24.
  • The P/B Ratio of Timex Group India Ltd changed from -11.1 on March 2022 to 204.6 on March 2024 . This represents a CAGR of NaN% over 3 years. .

Historical P/B Ratio of Timex Group India Ltd

No data available

Company Fundamentals for Timex Group India Ltd

Market Cap

1,926 Cr

EPS

2.6

P/E Ratio (TTM) *

74.5

P/B Ratio (TTM) *

21.8

Day’s High *

193.7

Day’s Low

182.0

DTE *

0.1

ROE *

29.2

52 Week High

193.7

52 Week Low

113.45

ROCE *

37.6

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Timex Group 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
07 Nov 2024190.8
06 Nov 2024176.35
05 Nov 2024179.65
04 Nov 2024181.2
01 Nov 2024181
31 Oct 2024178.6
30 Oct 2024173.6
29 Oct 2024170.3
28 Oct 2024154.45
25 Oct 2024149.45

SWOT Analysis Of Timex Group India Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Timex Group India Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Timex Group India Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Timex Group India Ltd211,926
Havells India Ltd1231,04,276
Dixon Technologies (India) Ltd28093,911
Voltas Ltd24058,491
Kaynes Technology India Ltd39436,967
Blue Star Ltd12936,537

Key Valuation Metric of Timex Group India Ltd

Share Price

₹193

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 Timex Group India Ltd

No data available

* All values are in crore

Historical Revenue of Timex Group India Ltd

No data available

* All values are in crore

Historical EBITDA of Timex Group India Ltd

No data available

* All values are in crore

Historical Net Profit of Timex Group India Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Timex Group India Ltd News Hub

News

Timex Group India to convene board meeting

Timex Group India will hold a meeting of the Board of Directors of the Company on 8 Octobe...

Read more

03 Oct 202410:16

News

Timex Group India to discuss results

Timex Group India will hold a meeting of the Board of Directors of the Company on 24 Octob...

Read more

27 Sep 202410:16

News

Timex Group India to convene AGM

Timex Group India announced that the 36th Annual General Meeting (AGM) of the company will...

Read more

20 Jul 202410:25

News

Timex Group India to declare Quarterly Result

Timex Group India will hold a meeting of the Board of Directors of the Company on 31 July ...

Read more

26 Jun 202417:38

News

Timex Group India to convene board meeting

Timex Group India will hold a meeting of the Board of Directors of the Company on 28 May 2...

Read more

27 Mar 202417:28

News

Timex Group India schedules board meeting

Timex Group India will hold a meeting of the Board of Directors of the Company on 1 Februa...

Read more

29 Dec 202309:29

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Annual Reports

N/A

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Credit Ratings

N/A

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Concalls

Data not available

FAQs for PB Ratio of Timex Group India Ltd

What is the PB ratio of Timex Group India Ltd?

The current PB ratio of Timex Group India Ltd is 21.77. 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 Timex Group India Ltd stocks?

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

The PB ratio of Timex Group 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 Timex Group India Ltd?

A high PB ratio suggests that Timex Group 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 Timex Group India Ltd?

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

Can Timex Group India Ltd PB Ratio change over time?

Yes, the PB ratio of Timex Group 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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