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PB Ratio of Turner Industries Ltd

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Turner Industries Ltd

NSE: TURNERINDUSTRIE

PB Ratio

1.6

Last updated on: Jan 13, 2025

Key Highlights

  • The latest PB Ratio of Turner Industries Ltd is 1.6.
  • The PB ratio of the Turner 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 Turner Industries Ltd changed from 1.1 on March 2023 to 0 on March 2024 . This represents a CAGR of -100.00% over 2 years.

Historical P/B Ratio of Turner Industries Ltd

No data available

Company Fundamentals for Turner Industries Ltd

Market Cap

0 Cr

EPS

0.0

P/E Ratio (TTM)

0.0

P/B Ratio (TTM)

1.6

Day’s High

0.63

Day’s Low

0.63

DTE

3.1

ROE

-21.3

52 Week High

0.63

52 Week Low

0.63

ROCE

-5.3

Market Price of Turner Industries Ltd

1M

1Y

3Y

5Y

Monitoring Turner 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
13 Jan 20250.63
03 Jun 20240.6
06 Nov 20230.58
23 Oct 20230.56
12 Jun 20230.54
13 Mar 20230.52
30 May 20220.5
23 May 20220.48
03 Nov 20210.46
15 Sep 20210.44

SWOT Analysis

Strength

0

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Turner Industries Ltd

Asset Value vs Market Value of Turner Industries Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

PB Ratio of Turner Industries Ltd Explained

0.26

Market cap

0

Book Value per Share

1.6X

PB Ratio

Historical Market Cap of Turner Industries Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Turner Industries Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Turner Industries Ltd News Hub

Turner Industries reports standalone nil net profit/loss in the June 2024 quarter

Turner Industries reported no net profit/loss in the quarter ended June 2024 as against net loss of

Read more

12 Aug 24

Turner Industries to table results

Turner Industries will hold a meeting of the Board of Directors of the Company on 10 August 2024. Po

Read more

03 Aug 24

Turner Industries to hold board meeting

Turner Industries will hold a meeting of the Board of Directors of the Company on 9 September 2024.

Read more

03 Sept 24

Turner Industries AGM scheduled

Turner Industries announced that the 30th Annual General Meeting (AGM) of the company will be held o

Read more

11 Sept 24

Document

Annual Reports

N/A

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Credit Ratings

N/A

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Concalls

Data not available

FAQs for PB Ratio of Turner Industries Ltd

What is the PB ratio of Turner Industries Ltd?

The current PB ratio of Turner Industries Ltd is 1.59. 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 Turner Industries Ltd stocks?

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

The PB ratio of Turner 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 Turner Industries Ltd?

A high PB ratio suggests that Turner 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 Turner Industries Ltd?

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

Can Turner Industries Ltd PB Ratio change over time?

Yes, the PB ratio of Turner 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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