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Titan Biotech Ltd PB Ratio

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Titan Biotech Ltd

NSE: TITANBIOTECH

PB

4.4

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Titan Biotech Ltd is 4.4.
  • The PB ratio of the Titan Biotech Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Titan Biotech Ltd changed from 1.2 on March 2019 to 3.3 on March 2024 . This represents a CAGR of 18.36% over 6 years.

Historical P/B Ratio of Titan Biotech Ltd

No data available

Company Fundamentals for Titan Biotech Ltd

Market Cap

632 Cr

EPS

30.6

P/E Ratio (TTM)

25.0

P/B Ratio (TTM)

4.4

Day’s High

767.9

Day’s Low

740.55

DTE

0.0

ROE

17.4

52 Week High

1017.85

52 Week Low

375.0

ROCE

21.5

Market Price of Titan Biotech Ltd

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 Market Price

Date
leftPrice (₹)right
22 Nov 2024765.5
21 Nov 2024757
19 Nov 2024768.7
18 Nov 2024778.4
14 Nov 2024804.9

SWOT Analysis Of Titan Biotech Ltd

Strength

1

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Titan Biotech Ltd

Asset Value vs Market Value of Titan Biotech Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Titan Biotech Ltd4.36
Sun Pharmaceuticals Industries Ltd98.3
Divis Laboratories Ltd513.6
Cipla Ltd360.7
Torrent Pharmaceuticals Ltd222.4

Historical Market Cap of Titan Biotech Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Titan Biotech Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 4.36. 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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