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Wheels India Ltd PB Ratio

Wheels India Ltd PB Ratio

stocks purchased

₹ 0.2 Cr

Volume transacted

stocks purchased

2.2 K

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Last Updated time: 18 Sep 9.00 AM

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Wheels India Ltd

NSE: WHEELS

PB

2.2

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Wheels India Ltd is 2.2 as of 18 Sep 24.
  • The P/B Ratio of Wheels India Ltd changed from 1.7 on March 2022 to 1.7 on March 2024 . This represents a CAGR of 0.00% over 3 years. .

Historical P/B Ratio of Wheels India Ltd

No data available

Company Fundamentals for Wheels India Ltd

Market Cap

1,868 Cr

EPS

31.3

P/E Ratio (TTM) *

24.4

P/B Ratio (TTM) *

2.2

Day’s High *

786.6

Day’s Low

761.2

DTE *

0.9

ROE *

7.5

52 Week High

914.55

52 Week Low

548.5

ROCE *

12.2

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Wheels India Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 2024764.85
17 Sep 2024781.3
16 Sep 2024794.85
13 Sep 2024797.85
12 Sep 2024789.65
11 Sep 2024792.05
10 Sep 2024795.9
09 Sep 2024786.4
06 Sep 2024801.05
05 Sep 2024823.25

SWOT Analysis Of Wheels India Ltd

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Wheels India Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Wheels India Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Wheels India Ltd21,868
Samvardhana Motherson International Ltd471,38,375
Bosch Ltd40901,01,274
Uno Minda Ltd6659,165
Sona BLW Precision Forgings Ltd8044,581
Exide Industries Ltd15440,112

Key Valuation Metric of Wheels India Ltd

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 Wheels India Ltd

No data available

* All values are in crore

Historical Revenue of Wheels India Ltd

No data available

* All values are in crore

Historical EBITDA of Wheels India Ltd

No data available

* All values are in crore

Historical Net Profit of Wheels India Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Wheels India Ltd News Hub

News

Wheels India announces cessation of director

Wheels India announced that Sreenivasan Prasad (DIN:00063667) and Aroon Raman (DIN:0020120...

Read more

09 Sep 202412:51

News

Wheels India schedules board meeting

Wheels India will hold a meeting of the Board of Directors of the Company on 29 July 2024....

Read more

23 Jul 202410:43

News

Wheels India to conduct AGM

Wheels India announced that the 65th Annual General Meeting(AGM) of the company will be he...

Read more

22 May 202417:26

News

Board of Wheels India recommends Final Dividend

Wheels India announced that the Board of Directors of the Company at its meeting held on 2...

Read more

20 May 202414:52

News

Wheels India to announce Quarterly Result

Wheels India will hold a meeting of the Board of Directors of the Company on 20 May 2024 P...

Read more

15 May 202412:02

News

Wheels India receives ratings action from India Ratings and Research

Wheels India has received credit ratings from India Ratings and Research as under: Fund ba...

Read more

27 Feb 202409:18

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Annual Reports

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Credit Ratings

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FAQs for PB Ratio of Wheels India Ltd

What is the PB ratio of Wheels India Ltd?

The current PB ratio of Wheels India Ltd is 2.23. 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 Wheels India Ltd stocks?

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

The PB ratio of Wheels 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 Wheels India Ltd?

A high PB ratio suggests that Wheels 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 Wheels India Ltd?

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

Can Wheels India Ltd PB Ratio change over time?

Yes, the PB ratio of Wheels 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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