HomeInsightsPB

Waaree Renewables Technologies Ltd PB Ratio

Waaree Renewables Technologies Ltd PB Ratio

stocks purchased

₹ 39.8 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

244.8 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

Image

Waaree Renewables Technologies Ltd

NSE: WAAREERENEWAB

PB

55.7

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Waaree Renewables Technologies Ltd is 55.7 as of 07 Nov 24.
  • The P/B Ratio of Waaree Renewables Technologies Ltd changed from 19.8 on March 2022 to 63 on March 2024 . This represents a CAGR of 47.08% over 3 years. .

Historical P/B Ratio of Waaree Renewables Technologies Ltd

No data available

Company Fundamentals for Waaree Renewables Technologies Ltd

Market Cap

17,747 Cr

EPS

19.0

P/E Ratio (TTM) *

89.8

P/B Ratio (TTM) *

55.7

Day’s High *

1728.0

Day’s Low

1623.35

DTE *

0.1

ROE *

62.0

52 Week High

3037.75

52 Week Low

265.0

ROCE *

79.2

Market Price Over Time

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
07 Nov 20241702.45
06 Nov 20241734.75
05 Nov 20241652.15
04 Nov 20241573.5
01 Nov 20241589.2
31 Oct 20241513.55
30 Oct 20241441.5
29 Oct 20241372.9
28 Oct 20241442.4
25 Oct 20241490.7

SWOT Analysis Of Waaree Renewables Technologies Ltd

Strength

4

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Waaree Renewables Technologies Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Waaree Renewables Technologies Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Waaree Renewables Technologies Ltd5517,747
KPI Green Energy Ltd13910,440

Key Valuation Metric of Waaree Renewables Technologies Ltd

Share Price

₹1,625

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 Waaree Renewables Technologies Ltd

No data available

* All values are in crore

Historical Revenue of Waaree Renewables Technologies Ltd

No data available

* All values are in crore

Historical EBITDA of Waaree Renewables Technologies Ltd

No data available

* All values are in crore

Historical Net Profit of Waaree Renewables Technologies Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Waaree Renewables Technologies Ltd News Hub

News

Waaree Renewable sizzles after Q2 outcome

On a consolidated basis, net profit of Waaree Renewable Technologies surged 160.52% to Rs ...

Read more

06 Nov 202414:46

News

Waaree Renewable Techs. to convene board meeting

Waaree Renewable Techs. will hold a meeting of the Board of Directors of the Company on 5 ...

Read more

30 Oct 202416:53

News

Waaree Renewables Technologies receives credit ratings for bank facilities

Waaree Renewables Technologies has received the credit ratings from CARE for bank faciliti...

Read more

17 Oct 202419:05

News

Waaree Renewable Technologies receives LoA for solar power project

Waaree Renewable Technologies has received a Letter of Award (LOA) for the execution of en...

Read more

06 Sep 202415:11

News

Waaree Renewables Technologies incorporates two wholly owned subsidiaries

Waaree Renewables Technologies announced the incorporation of two wholly owned subsidiarie...

Read more

30 Aug 202418:39

News

Waaree Renewable Techs. to conduct AGM

Waaree Renewable Techs. announced that the Annual General Meeting (AGM) of the company wil...

Read more

21 Aug 202416:47

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

Data not available

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 55.71. 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.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*