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Tolins Tyres Ltd PB Ratio

Tolins Tyres Ltd PB Ratio

stocks purchased

₹ 0.2 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

11.9 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

Image

Tolins Tyres Ltd

NSE: TOLINS

PB

2.2

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Tolins Tyres Ltd is 2.2 as of 07 Nov 24.
  • The P/B Ratio of Tolins Tyres Ltd is 0 as of March 2024.
Image

Tolins Tyres Ltd

NSE: TOLINS

PB

-

Last updated on: Invalid Date

Company Fundamentals for Tolins Tyres Ltd

Market Cap

673 Cr

EPS

6.5

P/E Ratio (TTM) *

26.1

P/B Ratio (TTM) *

2.2

Day’s High *

176.15

Day’s Low

168.35

DTE *

0.8

ROE *

25.9

52 Week High

238.3

52 Week Low

159.0

ROCE *

24.8

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Tolins Tyres 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 2024170.45
06 Nov 2024170.95
05 Nov 2024168.95
04 Nov 2024167.55
01 Nov 2024172.35
31 Oct 2024167.8
30 Oct 2024163.9
29 Oct 2024166.85
28 Oct 2024168.55
25 Oct 2024165.65

SWOT Analysis Of Tolins Tyres Ltd

Strength

0

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Tolins Tyres Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Tolins Tyres Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Tolins Tyres Ltd2673
Balkrishna Industries Ltd48655,410
MRF Ltd3877551,286
Apollo Tyres Ltd16431,590
CEAT Ltd101811,613
JK Tyre & Industries Ltd14710,570

Key Valuation Metric of Tolins Tyres Ltd

Share Price

₹170

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 Tolins Tyres Ltd

No data available

* All values are in crore

Historical Revenue of Tolins Tyres Ltd

No data available

* All values are in crore

Historical EBITDA of Tolins Tyres Ltd

No data available

* All values are in crore

Historical Net Profit of Tolins Tyres Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Tolins Tyres Ltd News Hub

News

Tolins Tyres to hold board meeting

Tolins Tyres will hold a meeting of the Board of Directors of the Company on 4 October 202...

Read more

30 Sep 202416:38

News

Tolins Tyres rises on debut

The scrip was listed at Rs 227, exhibiting a marginal premium to the issue price. So far, ...

Read more

16 Sep 202410:15

News

Tolins Tyres debuts on bourses today

The equity shares of Tolins Tyres (Scrip Code: 544254) are listed effective 16 September 2...

Read more

16 Sep 202408:44

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Tolins Tyres Ltd

What is the PB ratio of Tolins Tyres Ltd?

The current PB ratio of Tolins Tyres Ltd is 2.24. 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 Tolins Tyres Ltd stocks?

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

The PB ratio of Tolins Tyres 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 Tolins Tyres Ltd?

A high PB ratio suggests that Tolins Tyres 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 Tolins Tyres Ltd?

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

Can Tolins Tyres Ltd PB Ratio change over time?

Yes, the PB ratio of Tolins Tyres 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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