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Tirth Plastic Ltd PB Ratio

Tirth Plastic Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.4 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Tirth Plastic Ltd

NSE: TIRTPLS

PB

7.4

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Tirth Plastic Ltd is 7.4 as of 07 Nov 24.
  • The P/B Ratio of Tirth Plastic Ltd changed from 12.3 on March 2024 to 12.3 on March 2024 . This represents a CAGR of 0.00% over 1 years. .

Historical P/B Ratio of Tirth Plastic Ltd

No data available

Company Fundamentals for Tirth Plastic Ltd

Market Cap

17 Cr

EPS

0.0

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

7.4

Day’s High *

39.14

Day’s Low

39.14

DTE *

0.0

ROE *

0.3

52 Week High

69.09

52 Week Low

11.16

ROCE *

0.3

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Tirth Plastic 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 202439.93
06 Nov 202440.74
05 Nov 202441.57
04 Nov 202442.41
31 Oct 202443.27
30 Oct 202444.15
29 Oct 202445.05
28 Oct 202445.96
25 Oct 202446.89
24 Oct 202447.84

BlinkX Score for Tirth Plastic Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Tirth Plastic Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Tirth Plastic Ltd717
Adani Enterprises Ltd1883,42,705
Aegis Logistics Ltd6928,082
Cello World Ltd6519,083
Redington Ltd4815,370
Honasa Consumer Ltd3412,312

Key Valuation Metric of Tirth Plastic Ltd

Share Price

₹39

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 Tirth Plastic Ltd

No data available

* All values are in crore

Historical Revenue of Tirth Plastic Ltd

No data available

* All values are in crore

Historical EBITDA of Tirth Plastic Ltd

No data available

* All values are in crore

Historical Net Profit of Tirth Plastic Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Tirth Plastic Ltd News Hub

News

Tirth Plastic declare Quarterly Result

Tirth Plastic will hold a meeting of the Board of Directors of the Company on 11 November ...

Read more

31 Oct 202411:50

News

Tirth Plastic schedules AGM

Tirth Plastic announced that the Annual General Meeting (AGM) of the company will be held ...

Read more

06 Sep 202417:36

News

Tirth Plastic to convene AGM

Tirth Plastic announced that the Annual General Meeting (AGM) of the company will be held ...

Read more

06 Sep 202416:17

News

Tirth Plastic to table results

Tirth Plastic will hold a meeting of the Board of Directors of the Company on 12 August 20...

Read more

06 Aug 202414:25

News

Tirth Plastic to announce Quarterly Result

Tirth Plastic will hold a meeting of the Board of Directors of the Company on 8 May 2024. ...

Read more

02 May 202411:13

News

Tirth Plastic schedules board meeting

Tirth Plastic will hold a meeting of the Board of Directors of the Company on 14 February ...

Read more

06 Feb 202415:47

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Tirth Plastic Ltd

What is the PB ratio of Tirth Plastic Ltd?

The current PB ratio of Tirth Plastic Ltd is 7.41. 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 Tirth Plastic Ltd stocks?

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

The PB ratio of Tirth Plastic 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 Tirth Plastic Ltd?

A high PB ratio suggests that Tirth Plastic 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 Tirth Plastic Ltd?

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

Can Tirth Plastic Ltd PB Ratio change over time?

Yes, the PB ratio of Tirth Plastic 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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