PI Industries Share Price: Share price of PI Industries as Sensex gains 325.77 points
The share price of 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…
