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Titan Biotech Ltd PB Ratio

Titan Biotech Ltd PB Ratio

stocks purchased

₹ 1.0 Cr

Volume transacted

stocks purchased

13.6 K

stocks traded

Last Updated time: 18 Sep 9.00 AM

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Titan Biotech Ltd

NSE: TITANBIOTECH

PB

4.5

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Titan Biotech Ltd is 4.5 as of 18 Sep 24.
  • The P/B Ratio of Titan Biotech Ltd changed from 2.5 on March 2022 to 1.5 on March 2023 . This represents a CAGR of -22.54% over 2 years. .

Historical P/B Ratio of Titan Biotech Ltd

No data available

Company Fundamentals for Titan Biotech Ltd

Market Cap

601 Cr

EPS

30.4

P/E Ratio (TTM) *

24.0

P/B Ratio (TTM) *

4.5

Day’s High *

740.0

Day’s Low

689.65

DTE *

0.1

ROE *

18.6

52 Week High

825.0

52 Week Low

325.85

ROCE *

23.1

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Titan Biotech Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 2024727.7
17 Sep 2024708.45
16 Sep 2024746.2
13 Sep 2024739.95
12 Sep 2024722.2
11 Sep 2024601.85
10 Sep 2024594.25
09 Sep 2024591.9
06 Sep 2024584.25
05 Sep 2024578.95

SWOT Analysis Of Titan Biotech Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Titan Biotech Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Titan Biotech Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Titan Biotech Ltd4601
Sun Pharmaceuticals Industries Ltd984,39,714
Divis Laboratories Ltd5071,45,166
Cipla Ltd3461,33,402
Torrent Pharmaceuticals Ltd2011,13,724
Dr Reddys Laboratories Ltd14581,09,604

Key Valuation Metric of Titan Biotech Ltd

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 Titan Biotech Ltd

No data available

* All values are in crore

Historical Revenue of Titan Biotech Ltd

No data available

* All values are in crore

Historical EBITDA of Titan Biotech Ltd

No data available

* All values are in crore

Historical Net Profit of Titan Biotech Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Titan Biotech Ltd News Hub

News

Titan Biotech to conduct AGM

Titan Biotech announced that the Annual General Meeting (AGM) of the company will be held ...

Read more

11 Sep 202410:35

News

Titan Biotech to hold board meeting

Titan Biotech will hold a meeting of the Board of Directors of the Company on 13 August 20...

Read more

05 Aug 202414:43

News

Board of Titan Biotech recommends Final Dividend

Titan Biotech announced that the Board of Directors of the Company at its meeting held on ...

Read more

29 May 202417:30

News

Titan Biotech to announce Quarterly Result

Titan Biotech will hold a meeting of the Board of Directors of the Company on 29 May 2024 ...

Read more

21 May 202411:45

News

Titan Biotech to discuss results

Titan Biotech will hold a meeting of the Board of Directors of the Company on 12 February ...

Read more

01 Feb 202419:36

News

Titan Biotech to conduct board meeting

Titan Biotech will hold a meeting of the Board of Directors of the Company on 8 November 2...

Read more

28 Oct 202312:22

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FAQs for PB Ratio of Titan Biotech Ltd

What is the PB ratio of Titan Biotech Ltd?

The current PB ratio of Titan Biotech Ltd is 4.51. 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 Titan Biotech Ltd stocks?

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

The PB ratio of Titan Biotech 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 Titan Biotech Ltd?

A high PB ratio suggests that Titan Biotech 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 Titan Biotech Ltd?

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

Can Titan Biotech Ltd PB Ratio change over time?

Yes, the PB ratio of Titan Biotech 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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