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PB Ratio of Tips Music Ltd

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Tips Music Ltd

NSE: TIPSMUSIC

PB Ratio

43.1

Last updated on: Apr 02, 2025

Key Highlights

  • The latest PB Ratio of Tips Music Ltd is 43.1.
  • 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 1.7 on March 2020 to 32.9 on March 2024 . This represents a CAGR of 80.86% over 5 years.

Historical P/B Ratio of Tips Music Ltd

No data available

Company Fundamentals for Tips Music Ltd

Market Cap

8,588 Cr

EPS

12.6

P/E Ratio (TTM)

53.1

P/B Ratio (TTM)

43.1

Day’s High

674.85

Day’s Low

642.85

DTE

0.0

ROE

76.4

52 Week High

950.0

52 Week Low

345.5

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
02 Apr 2025671.85
01 Apr 2025652.65
28 Mar 2025631.7
27 Mar 2025659.1
26 Mar 2025625.55
25 Mar 2025653
24 Mar 2025664.65
21 Mar 2025685.8
20 Mar 2025671.45
19 Mar 2025649.8

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

PB Ratio of Tips Music Ltd Explained

8588

Market cap

16

Book Value per Share

43.1X

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 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

Dividend Payout Over Time

No data available

Tips Music Ltd News Hub

Tips Industries Ltd spurts 3.15%, gains for fifth straight session

Tips Industries Ltd is up for a fifth straight session today. The stock is quoting at Rs 738.95, up

Read more

12 Aug 24

Tips Industries Ltd gains for third straight session

Tips Industries Ltd gained for a third straight session today. The stock is quoting at Rs 677, up 4.

Read more

08 Aug 24

Tips Music Ltd up for third consecutive session

Tips Music Ltd rose for a third straight session today. The stock is quoting at Rs 737.5, up 4.5% on

Read more

03 Oct 24

Tips Music Ltd spurts 2.84%

Tips Music Ltd is up for a third straight session in a row. The stock is quoting at Rs 788.6, up 2.8

Read more

10 Oct 24

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Annual Reports

Annual Report 2024

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Credit Ratings

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Concalls

Data not available

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 43.13. 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.
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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