HomeInsightsPB

Z F Steering Gear (india) Ltd PB Ratio

Z F Steering Gear (india) Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.1 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

Image

Z F Steering Gear (India) Ltd

NSE: ZFSTEERING

PB

3.4

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Z F Steering Gear (India) Ltd is 3.4 as of 07 Nov 24.
  • The P/B Ratio of Z F Steering Gear (India) Ltd changed from 0.9 on March 2023 to 1.6 on March 2024 . This represents a CAGR of 33.33% over 2 years. .

Historical P/B Ratio of Z F Steering Gear (India) Ltd

No data available

Company Fundamentals for Z F Steering Gear (India) Ltd

Market Cap

1,574 Cr

EPS

46.5

P/E Ratio (TTM) *

37.3

P/B Ratio (TTM) *

3.4

Day’s High *

1764.35

Day’s Low

1744.0

DTE *

0.2

ROE *

9.5

52 Week High

1947.0

52 Week Low

760.0

ROCE *

9.9

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Z F Steering Gear (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
07 Nov 20241735.75
06 Nov 20241761.7
05 Nov 20241733.8
04 Nov 20241757.05
01 Nov 20241806.4
31 Oct 20241800.05
30 Oct 20241646
29 Oct 20241625.1
28 Oct 20241616.85
25 Oct 20241564.8

SWOT Analysis Of Z F Steering Gear (India) Ltd

Strength

3

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Z F Steering Gear (India) Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Z F Steering Gear (India) Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Z F Steering Gear (India) Ltd

Share Price

₹1,760

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 Z F Steering Gear (India) Ltd

No data available

* All values are in crore

Historical Revenue of Z F Steering Gear (India) Ltd

No data available

* All values are in crore

Historical EBITDA of Z F Steering Gear (India) Ltd

No data available

* All values are in crore

Historical Net Profit of Z F Steering Gear (India) Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Z F Steering Gear (India) Ltd News Hub

News

ZF Steering Gear (India) to announce Quarterly Result

ZF Steering Gear (India) will hold a meeting of the Board of Directors of the Company on 1...

Read more

06 Nov 202419:22

News

ZF Steering Gear (India) to convene AGM

ZF Steering Gear (India) announced that the 44th Annual General Meeting (AGM) of the compa...

Read more

12 Aug 202415:33

News

Board of Z F Steering Gear (India) approves fund raising of Rs 200 cr

The Board of Z F Steering Gear (India) at its meeting held 10 August 2024 has approved fun...

Read more

10 Aug 202412:08

News

ZF Steering Gear (India) to hold board meeting

ZF Steering Gear (India) will hold a meeting of the Board of Directors of the Company on 1...

Read more

09 Aug 202414:54

News

Board of Z F Steering Gear (India) appoints director

The Board of Z F Steering Gear (India) at its meeting held on 06 August 2024 has appointed...

Read more

06 Aug 202412:39

News

ZF Steering Gear (India) to announce Quarterly Result

ZF Steering Gear (India) will hold a meeting of the Board of Directors of the Company on 6...

Read more

30 Jul 202410:15

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

Data not available

FAQs for PB Ratio of Z F Steering Gear (India) Ltd

What is the PB ratio of Z F Steering Gear (India) Ltd?

The current PB ratio of Z F Steering Gear (India) Ltd is 3.44. 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 Z F Steering Gear (India) Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Z F Steering Gear (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 Z F Steering Gear (India) Ltd calculated?

The PB ratio of Z F Steering Gear (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 Z F Steering Gear (India) Ltd?

A high PB ratio suggests that Z F Steering Gear (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 Z F Steering Gear (India) Ltd?

A low PB ratio of Z F Steering Gear (India) Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Z F Steering Gear (India) Ltd PB Ratio change over time?

Yes, the PB ratio of Z F Steering Gear (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.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*