PI Industries Ltd. 0.19 per cent to Rs 3453.40 at 01:13PM (IST) in Thursday's trade. The counter has hit a high of Rs 3512.50 and low of Rs 3447.00 so far during the session. The stock had closed at Rs 3460.25 in the previous session.
The counter has had a total traded volume of 4264 shares so far with a value of Rs 1.47 crore on the NSE. It traded at a price-to-earnings multiple of 29.52 and a price-to-book ratio of 6.74.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip 0.77 per cent during the past one year, while the 30-share index advanced 7.980000019073486 per cent during the same period.
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