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PB Ratio of Tips Music Ltd

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Tips Music Ltd

NSE: TIPSMUSIC

PB Ratio

52.1

Last updated on: Dec 20, 2024

Key Highlights

  • The latest PB Ratio of Tips Music Ltd is 52.1.
  • The PB ratio of the Tips Music Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Tips Music Ltd changed from 1.3 on March 2019 to 32.9 on March 2024 . This represents a CAGR of 71.35% over 6 years.

Historical P/B Ratio of Tips Music Ltd

No data available

Company Fundamentals for Tips Music Ltd

Market Cap

10,367 Cr

EPS

11.9

P/E Ratio (TTM)

68.2

P/B Ratio (TTM)

52.1

Day’s High

828.5

Day’s Low

804.5

DTE

0.0

ROE

76.4

52 Week High

950.0

52 Week Low

335.6

ROCE

89.8

Market Price of Tips Music Ltd

1M

1Y

3Y

5Y

Monitoring Tips Music 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 2024811
19 Dec 2024811.5
18 Dec 2024821.45
17 Dec 2024815.25
16 Dec 2024828.7

SWOT Analysis Of Tips Music Ltd

Strength

1

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Tips Music Ltd

Asset Value vs Market Value of Tips Music Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Tips Music Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Tips Music Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Tips Music Ltd

What is the PB ratio of Tips Music Ltd?

The current PB ratio of Tips Music Ltd is 52.06. 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 Tips Music Ltd stocks?

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

The PB ratio of Tips Music 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 Tips Music Ltd?

A high PB ratio suggests that Tips Music 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 Tips Music Ltd?

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

Can Tips Music Ltd PB Ratio change over time?

Yes, the PB ratio of Tips Music Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
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