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PB Ratio of Wheels India Ltd

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Wheels India Ltd

NSE: WHEELS

PB Ratio

1.9

Last updated on: Apr 21, 2025

Key Highlights

  • The latest PB Ratio of Wheels India Ltd is 1.9.
  • The PB ratio of the Wheels India Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Wheels India Ltd changed from 1.1 on March 2020 to 1.7 on March 2024 . This represents a CAGR of 9.10% over 5 years.

Historical P/B Ratio of Wheels India Ltd

No data available

Company Fundamentals for Wheels India Ltd

Market Cap

1,681 Cr

EPS

45.7

P/E Ratio (TTM)

15.1

P/B Ratio (TTM)

1.9

Day’s High

715.0

Day’s Low

651.0

DTE

0.9

ROE

11.1

52 Week High

914.55

52 Week Low

548.0

ROCE

15.2

Market Price of Wheels India Ltd

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 Market Price

Date
leftPrice (₹)right
21 Apr 2025688.25
17 Apr 2025672.7
16 Apr 2025659.1
15 Apr 2025641.9
11 Apr 2025638.7
09 Apr 2025617.4
08 Apr 2025621.75
07 Apr 2025586.65
04 Apr 2025625.6
03 Apr 2025629.85

SWOT Analysis Of Wheels India Ltd

Strength

3

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Wheels India Ltd

Asset Value vs Market Value of Wheels India Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

PB Ratio of Wheels India Ltd Explained

1681

Market cap

356

Book Value per Share

1.9X

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 Wheels India Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Wheels India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Wheels India Ltd News Hub

Wheels India announces cessation of director

Wheels India announced that Sreenivasan Prasad (DIN:00063667) and Aroon Raman (DIN:00201205) cease t

Read more

09 Sept 24

Wheels India receives ratings action from ICRA

Wheels India announced that ICRA has reaffirmed / assigned the credit rating ICRA A; Stable/ ICRA A2

Read more

27 Feb 25

Wheels India schedules board meeting

Wheels India will hold a meeting of the Board of Directors of the Company on 28 October 2024. Powere

Read more

21 Oct 24

Board of Wheels India recommends Interim Dividend

Wheels India announced that the Board of Directors of the Company at its meeting held on 27 January

Read more

27 Jan 25

Document

Annual Reports

Annual Report 2024

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Credit Ratings

N/A

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Concalls

Data not available

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 1.93. 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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