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Tuni Textile Mills Ltd PB Ratio

Tuni Textile Mills Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

207.9 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Tuni Textile Mills Ltd

NSE: TUNITEXTMILLS

PB

1.9

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Tuni Textile Mills Ltd is 1.9 as of 07 Nov 24.
  • The P/B Ratio of Tuni Textile Mills Ltd changed from 4.3 on March 2022 to 1.8 on March 2024 . This represents a CAGR of -25.19% over 3 years. .

Historical P/B Ratio of Tuni Textile Mills Ltd

No data available

Company Fundamentals for Tuni Textile Mills Ltd

Market Cap

25 Cr

EPS

0.0

P/E Ratio (TTM) *

65.0

P/B Ratio (TTM) *

1.9

Day’s High *

2.02

Day’s Low

1.91

DTE *

1.0

ROE *

2.4

52 Week High

2.7

52 Week Low

1.45

ROCE *

7.2

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Tuni Textile Mills 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
07 Nov 20241.95
06 Nov 20242.02
05 Nov 20242.04
04 Nov 20241.72
01 Nov 20241.85
31 Oct 20241.82
30 Oct 20241.78
29 Oct 20241.74
28 Oct 20241.7
25 Oct 20241.65

SWOT Analysis Of Tuni Textile Mills Ltd

Strength

0

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Tuni Textile Mills Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Tuni Textile Mills Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Tuni Textile Mills Ltd125
Grasim Industries Ltd7921,72,288
Trident Ltd717,342
Welspun Living Ltd3715,797
Vardhman Textiles Ltd31413,999
Raymond Lifestyle Ltd37713,312

Key Valuation Metric of Tuni Textile Mills Ltd

Share Price

₹2

PB Ratio

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of Tuni Textile Mills Ltd

No data available

* All values are in crore

Historical Revenue of Tuni Textile Mills Ltd

No data available

* All values are in crore

Historical EBITDA of Tuni Textile Mills Ltd

No data available

* All values are in crore

Historical Net Profit of Tuni Textile Mills Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Tuni Textile Mills Ltd News Hub

News

Tuni Textile Mills to table results

Tuni Textile Mills will hold a meeting of the Board of Directors of the Company on 13 Nove...

Read more

10 Oct 202417:20

News

Tuni Textile Mills to discuss results

Tuni Textile Mills will hold a meeting of the Board of Directors of the Company on 13 Augu...

Read more

08 Jul 202417:34

News

Tuni Textile Mills schedules board meeting

Tuni Textile Mills will hold a meeting of the Board of Directors of the Company on 28 May ...

Read more

20 Apr 202409:37

News

Tuni Textile Mills to hold board meeting

Tuni Textile Mills will hold a meeting of the Board of Directors of the Company on 4 April...

Read more

01 Apr 202413:58

News

Tuni Textile Mills to table results

Tuni Textile Mills will hold a meeting of the Board of Directors of the Company on 13 Febr...

Read more

16 Jan 202410:16

News

Tuni Textile Mills to table results

Tuni Textile Mills will hold a meeting of the Board of Directors of the Company on 10 Nove...

Read more

16 Oct 202314:22

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Tuni Textile Mills Ltd

What is the PB ratio of Tuni Textile Mills Ltd?

The current PB ratio of Tuni Textile Mills Ltd is 1.92. 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 Tuni Textile Mills Ltd stocks?

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

The PB ratio of Tuni Textile Mills 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 Tuni Textile Mills Ltd?

A high PB ratio suggests that Tuni Textile Mills 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 Tuni Textile Mills Ltd?

A low PB ratio of Tuni Textile Mills Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Tuni Textile Mills Ltd PB Ratio change over time?

Yes, the PB ratio of Tuni Textile Mills 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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