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Tourism Finance Corporation Of India Ltd PB Ratio

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Tourism Finance Corporation of India Ltd

NSE: TFCILTD

PB

1.5

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Tourism Finance Corporation of India Ltd is 1.5.
  • The PB ratio of the Tourism Finance Corporation of India Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Tourism Finance Corporation of India Ltd changed from 0.4 on March 2020 to 0.6 on March 2022 . This represents a CAGR of 14.47% over 3 years.

Historical P/B Ratio of Tourism Finance Corporation of India Ltd

No data available

Company Fundamentals for Tourism Finance Corporation of India Ltd

Market Cap

1,535 Cr

EPS

9.2

P/E Ratio (TTM)

18.0

P/B Ratio (TTM)

1.5

Day’s High

170.65

Day’s Low

159.0

DTE

0.9

ROE

9.0

52 Week High

267.4

52 Week Low

107.0

ROCE

11.2

Market Price of Tourism Finance Corporation of India Ltd

1M

1Y

3Y

5Y

Monitoring Tourism Finance Corporation of India 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 2024165.85
21 Nov 2024156.6
19 Nov 2024146.9
18 Nov 2024146.7
14 Nov 2024145.7

SWOT Analysis Of Tourism Finance Corporation of India Ltd

Strength

5

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Tourism Finance Corporation of India Ltd

Asset Value vs Market Value of Tourism Finance Corporation of India Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Tourism Finance Corporation of India Ltd1.5
Bajaj Finance Ltd1279.6
Bajaj Finserv Ltd52.0
Jio Financial Services Ltd39.1
Indian Railway Finance Corporation Ltd39.4

Historical Market Cap of Tourism Finance Corporation of India Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Tourism Finance Corporation of India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Tourism Finance Corporation of India Ltd

What is the PB ratio of Tourism Finance Corporation of India Ltd?

The current PB ratio of Tourism Finance Corporation of India Ltd is 1.5. 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 Tourism Finance Corporation of India Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Tourism Finance Corporation of India 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 Tourism Finance Corporation of India Ltd calculated?

The PB ratio of Tourism Finance Corporation of India 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 Tourism Finance Corporation of India Ltd?

A high PB ratio suggests that Tourism Finance Corporation of India 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 Tourism Finance Corporation of India Ltd?

A low PB ratio of Tourism Finance Corporation of India Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Tourism Finance Corporation of India Ltd PB Ratio change over time?

Yes, the PB ratio of Tourism Finance Corporation of India 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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