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Tolins Tyres Ltd PB Ratio

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Tolins Tyres Ltd

NSE: TOLINS

PB

2.4

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Tolins Tyres Ltd is 2.4.
  • The PB ratio of the Tolins Tyres Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The latest PB Ratio of Tolins Tyres Ltd is 0.
  • The PB ratio of the Tolins Tyres Ltd is below 1 which indicates that the stock is undervalued.

P/B Ratio

No data available

Company Fundamentals for Tolins Tyres Ltd

Market Cap

711 Cr

EPS

8.0

P/E Ratio (TTM)

22.4

P/B Ratio (TTM)

2.4

Day’s High

182.95

Day’s Low

178.95

DTE

0.0

ROE

10.7

52 Week High

238.3

52 Week Low

156.4

ROCE

16.9

Market Price of Tolins Tyres Ltd

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
22 Nov 2024180.1
21 Nov 2024182.25
19 Nov 2024184.4
18 Nov 2024184.85
14 Nov 2024166.25

SWOT Analysis Of Tolins Tyres Ltd

Strength

0

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Tolins Tyres Ltd

Asset Value vs Market Value of Tolins Tyres Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Tolins Tyres Ltd2.39
Balkrishna Industries Ltd486.5
MRF Ltd40991.5
Apollo Tyres Ltd163.7
CEAT Ltd1018.7

Historical Market Cap of Tolins Tyres Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Tolins Tyres Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 2.39. 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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