Avance Technologies Ltd Financial Ratios
512149 · Information Technology · Current price
P/E ratio
27.3x
P/B ratio
0.4x
ROE
3.4%
ROCE
2.0%
Debt / Equity
0.42
Dividend yield
0.0%
Ratio reference
| Ratio | Value | What it means |
|---|---|---|
| P/E | 27.3x | Price paid per ₹1 of annual earnings — lower is cheaper (context-dependent). |
| P/B | 0.4x | Price relative to book value — <1 can signal deep value or trouble. |
| ROE | 3.4% | Return on equity — how much profit the company earns on shareholder capital. |
| ROCE | 2.0% | Return on capital employed — efficiency including debt. >15% is strong. |
| D/E | 0.42 | Leverage — higher means more debt-funded, riskier in downturns. |
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Avance Technologies Ltd profitability
Avance Technologies Ltd generates a return on equity of 3.4% and a return on capital employed of 2.0%. An ROE consistently above 15% usually points to a quality business with a durable advantage; below 10% suggests weak profitability or a capital-heavy model.
Leverage & valuation
With a debt-to-equity of 0.42 and a P/E of 27.3x, Avance Technologies Ltd is conservatively financed. Our overall business-quality score for the company is 2.6 / 10.
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DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.