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Waaree Renewables Technologies Ltd PB Ratio

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Waaree Renewables Technologies Ltd

NSE: WAAREERENEWAB

PB

48

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Waaree Renewables Technologies Ltd is 48.
  • The PB ratio of the Waaree Renewables Technologies Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Waaree Renewables Technologies Ltd changed from 2.1 on March 2019 to 63 on March 2024 . This represents a CAGR of 76.27% over 6 years.

Historical P/B Ratio of Waaree Renewables Technologies Ltd

No data available

Company Fundamentals for Waaree Renewables Technologies Ltd

Market Cap

15,280 Cr

EPS

19.0

P/E Ratio (TTM)

77.3

P/B Ratio (TTM)

48.0

Day’s High

1466.45

Day’s Low

1378.65

DTE

0.1

ROE

62.0

52 Week High

3037.75

52 Week Low

268.1

ROCE

79.2

Market Price of Waaree Renewables Technologies Ltd

1M

1Y

3Y

5Y

Monitoring Waaree Renewables Technologies 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 20241465.8
21 Nov 20241396.65
19 Nov 20241439.2
18 Nov 20241466.85
14 Nov 20241480.35

SWOT Analysis Of Waaree Renewables Technologies Ltd

Strength

4

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Waaree Renewables Technologies Ltd

Asset Value vs Market Value of Waaree Renewables Technologies Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Waaree Renewables Technologies Ltd47.97
KPI Green Energy Ltd139.5

Historical Market Cap of Waaree Renewables Technologies Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Waaree Renewables Technologies Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Waaree Renewables Technologies Ltd

What is the PB ratio of Waaree Renewables Technologies Ltd?

The current PB ratio of Waaree Renewables Technologies Ltd is 47.97. 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 Waaree Renewables Technologies Ltd stocks?

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

The PB ratio of Waaree Renewables Technologies 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 Waaree Renewables Technologies Ltd?

A high PB ratio suggests that Waaree Renewables Technologies 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 Waaree Renewables Technologies Ltd?

A low PB ratio of Waaree Renewables Technologies Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Waaree Renewables Technologies Ltd PB Ratio change over time?

Yes, the PB ratio of Waaree Renewables Technologies 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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