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Tips Music Ltd PB Ratio

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Tips Music Ltd

NSE: TIPSMUSIC

PB

55.4

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Tips Music Ltd is 55.4.
  • 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

11,027 Cr

EPS

11.9

P/E Ratio (TTM)

72.5

P/B Ratio (TTM)

55.4

Day’s High

879.9

Day’s Low

844.05

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
22 Nov 2024849
21 Nov 2024862.65
19 Nov 2024898.55
18 Nov 2024888.95
14 Nov 2024925.1

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

Company
leftPBright
Tips Music Ltd55.37
Sun TV Network Ltd286.2
PVR Inox Ltd739.1
Zee Entertainment Enterprises Ltd107.7
Saregama India Ltd75.8

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 55.37. 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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