Tasty Bite Eatables Ltd
NSE:TASTYBITE

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Tasty Bite Eatables Ltd
NSE:TASTYBITE
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Price: 6 968 INR -1.21% Market Closed
Market Cap: ₹17.9B

P/B

5.6
Current
41%
Cheaper
vs 3-y average of 9.5

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
5.6
=
Market Cap
₹18B
/
Total Equity
₹3.2B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
5.6
=
Market Cap
₹18B
/
Total Equity
₹3.2B

Valuation Scenarios

Tasty Bite Eatables Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (9.5), the stock would be worth ₹11 809.67 (69% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-42%
Maximum Upside
+100%
Average Upside
24%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 5.6 ₹6 968
0%
3-Year Average 9.5 ₹11 809.67
+69%
5-Year Average 11.2 ₹13 922.93
+100%
Industry Average 3.9 ₹4 868.54
-30%
Country Average 3.3 ₹4 036.72
-42%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Higher than 71% of companies in India
Percentile
71th
Based on 2 820 companies
71th percentile
5.6
Low
0 — 2.1
Typical Range
2.1 — 5.5
High
5.5 —
Distribution Statistics
India
Min 0
30th Percentile 2.1
Median 3.3
70th Percentile 5.5
Max 4 699.1

Tasty Bite Eatables Ltd
Glance View

Market Cap
17.9B INR
Industry
Food Products

Tasty Bite Eatables Ltd. engages in the manufacture and marketing of food products. The company is headquartered in Pune, Maharashtra. The firm is engaged in the business of manufacturing and selling prepared foods. The Company’s food service business comprises of customized specialty formed frozen products, sauces, and gravies. Its product category includes all natural entrees, organic rice, bowls, and organic entrees. It’s all natural entrees include Bombay Potatoes, Coconut Vegetables, Jaipur Vegetables, Kashmir Spinach, and Punjab Eggplant. Its organic entrees include Organic Channa Masala, Organic Coconut Squash Dal, and Organic Madras Lentils. Its organic rice includes Ancient Grains, Basmati Rice, and Cuban Rice & Beans. Its bowls include Chickpeas & Rice Bowl, Curry & Rice Bowl, Indian Protein Bowl, and Mediterranean Protein Bowl. Its frozen products include Burger Patty and Appetiser / Finger Food. Its sauces, and gravies include Tomato-based sauces; Gravy, Curry, Paste; Specialty sauces, and Pasta sauces.

TASTYBITE Intrinsic Value
4 378.27 INR
Overvaluation 37%
Intrinsic Value
Price ₹6 968
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