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Triveni Engineering And Industries Ltd PB Ratio

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Triveni Engineering and Industries Ltd

NSE: TRIVENI

PB

2.8

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Triveni Engineering and Industries Ltd is 2.8.
  • The PB ratio of the Triveni Engineering and Industries Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Triveni Engineering and Industries Ltd changed from 1.4 on March 2019 to 2.3 on March 2024 . This represents a CAGR of 8.63% over 6 years.

Historical P/B Ratio of Triveni Engineering and Industries Ltd

No data available

Company Fundamentals for Triveni Engineering and Industries Ltd

Market Cap

8,141 Cr

EPS

14.2

P/E Ratio (TTM)

25.4

P/B Ratio (TTM)

2.7

Day’s High

374.6

Day’s Low

360.65

DTE

0.2

ROE

10.8

52 Week High

518.2

52 Week Low

266.15

ROCE

13.8

Market Price of Triveni Engineering and Industries Ltd

1M

1Y

3Y

5Y

Monitoring Triveni Engineering and Industries 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 2024371.95
21 Nov 2024360.65
19 Nov 2024365.4
18 Nov 2024367.45
14 Nov 2024377.35

SWOT Analysis Of Triveni Engineering and Industries Ltd

Strength

3

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Triveni Engineering and Industries Ltd

Asset Value vs Market Value of Triveni Engineering and Industries Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Triveni Engineering and Industries Ltd2.74
EID Parry (India) Ltd165.2
Balrampur Chini Mills Ltd168.0
Shree Renuka Sugars Ltd-5.6
Bannari Amman Sugars Ltd1378.0

Historical Market Cap of Triveni Engineering and Industries Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Triveni Engineering and Industries Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Triveni Engineering and Industries Ltd

What is the PB ratio of Triveni Engineering and Industries Ltd?

The current PB ratio of Triveni Engineering and Industries Ltd is 2.74. 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 Triveni Engineering and Industries Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Triveni Engineering and Industries 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 Triveni Engineering and Industries Ltd calculated?

The PB ratio of Triveni Engineering and Industries 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 Triveni Engineering and Industries Ltd?

A high PB ratio suggests that Triveni Engineering and Industries 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 Triveni Engineering and Industries Ltd?

A low PB ratio of Triveni Engineering and Industries Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Triveni Engineering and Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Triveni Engineering and Industries 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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