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Tube Investments Of India Ltd PB Ratio

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Tube Investments of India Ltd

NSE: TIINDIA

PB

12.8

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Tube Investments of India Ltd is 12.8.
  • The PB ratio of the Tube Investments 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 Tube Investments of India Ltd changed from 4.9 on March 2019 to 14.1 on March 2024 . This represents a CAGR of 19.26% over 6 years.

Historical P/B Ratio of Tube Investments of India Ltd

No data available

Company Fundamentals for Tube Investments of India Ltd

Market Cap

68,500 Cr

EPS

31.4

P/E Ratio (TTM)

112.7

P/B Ratio (TTM)

12.8

Day’s High

3600.0

Day’s Low

3495.0

DTE

0.1

ROE

11.4

52 Week High

4807.05

52 Week Low

3177.55

ROCE

21.0

Market Price of Tube Investments of India Ltd

1M

1Y

3Y

5Y

Monitoring Tube Investments 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
21 Nov 20243541.55
19 Nov 20243609.1
18 Nov 20243435.35
14 Nov 20243444
13 Nov 20243447.85

SWOT Analysis Of Tube Investments of India Ltd

Strength

4

che

Weakness

3

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Tube Investments of India Ltd

Asset Value vs Market Value of Tube Investments of India Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Tube Investments of India Ltd12.84
JSW Steel Ltd324.8
Tata Steel Ltd113.2
Jindal Steel & Power Ltd477.4
Jindal Stainless Ltd182.0

Historical Market Cap of Tube Investments of India Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Tube Investments of India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Tube Investments of India Ltd

What is the PB ratio of Tube Investments of India Ltd?

The current PB ratio of Tube Investments of India Ltd is 12.84. 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 Tube Investments 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 Tube Investments 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 Tube Investments of India Ltd calculated?

The PB ratio of Tube Investments 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 Tube Investments of India Ltd?

A high PB ratio suggests that Tube Investments 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 Tube Investments of India Ltd?

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

Can Tube Investments of India Ltd PB Ratio change over time?

Yes, the PB ratio of Tube Investments 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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