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PB Ratio of Triveni Turbine Ltd

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Triveni Turbine Ltd

NSE: TRITURBINE

PB Ratio

23.5

Last updated on: Dec 13, 2024

Key Highlights

  • The latest PB Ratio of Triveni Turbine Ltd is 23.5.
  • The PB ratio of the Triveni Turbine 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 Turbine Ltd changed from 8 on March 2019 to 17.8 on March 2024 . This represents a CAGR of 14.26% over 6 years.

Historical P/B Ratio of Triveni Turbine Ltd

No data available

Company Fundamentals for Triveni Turbine Ltd

Market Cap

25,597 Cr

EPS

9.9

P/E Ratio (TTM)

81.3

P/B Ratio (TTM)

23.5

Day’s High

814.95

Day’s Low

798.0

DTE

0.0

ROE

28.9

52 Week High

885.0

52 Week Low

351.2

ROCE

39.2

Market Price of Triveni Turbine Ltd

1M

1Y

3Y

5Y

Monitoring Triveni Turbine 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
13 Dec 2024805.25
12 Dec 2024812.55
11 Dec 2024813.35
10 Dec 2024807.15
09 Dec 2024779.95

SWOT Analysis Of Triveni Turbine Ltd

Strength

1

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Triveni Turbine Ltd

Asset Value vs Market Value of Triveni Turbine Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Triveni Turbine Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Triveni Turbine Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Triveni Turbine Ltd

What is the PB ratio of Triveni Turbine Ltd?

The current PB ratio of Triveni Turbine Ltd is 23.49. 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 Turbine Ltd stocks?

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

The PB ratio of Triveni Turbine 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 Turbine Ltd?

A high PB ratio suggests that Triveni Turbine 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 Turbine Ltd?

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

Can Triveni Turbine Ltd PB Ratio change over time?

Yes, the PB ratio of Triveni Turbine 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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