PI Industries Share Price: Share price of PI Industries as Sensex gains 477.69 points
Share price of PI Industries Ltd. 1.09 per cent to Rs 4132.15 at 01:12PM (IST) in Thursday’s trade. The scrip hit a high of Rs 4183.95 and low of Rs 4126.55 so far during the session. The stock had closed at Rs 4177.75 in the previous session.
The counter had a total traded volume of 01:12PM shares so far with a turnover of Rs 1.16 crore on BSE. The stock traded at a price-to-earnings multiple of 35.38 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 is the measure of the price that investors are ready to pay…
