PRINCEPIPE.NS
Price:
$259.25
Market Cap:
$28.66B
Prince Pipes and Fittings Limited manufactures and sells polymer pipes and fittings under the Prince Piping Systems and Trubore Piping Systems names in India. It offers plumbing and industrial solutions, such as pipes, fittings and valves, industrial piping systems, and reclaim piping systems; soil, waste, and rain water(SWR) solutions, including roof water and low noise SWR systems; and underground drainage solutions comprising underground drainage piping systems and underground double wall corrugated pipes. The company also provides irrigation solutions consisting of pressure and non-pressure agri pipes and fittings and borewell systems; cable ducting pipes; and storage solutions. Prince P...[Read more]
Industry
Chemicals - Specialty
IPO Date
2019-12-30
Stock Exchange
NSE
Ticker
PRINCEPIPE.NS
According to Prince Pipes and Fittings Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.26. This represents a change of 106.51% compared to the average of 1.09 of the last 4 quarters.
The mean historical Current Ratio of Prince Pipes and Fittings Limited over the last ten years is 1.69. The current 2.26 Current Ratio has changed 13.31% with respect to the historical average. Over the past ten years (40 quarters), PRINCEPIPE.NS's Current Ratio was at its highest in in the September 2023 quarter at 2.66. The Current Ratio was at its lowest in in the December 2018 quarter at 0.
Average
1.69
Median
1.80
Minimum
1.09
Maximum
2.43
Discovering the peaks and valleys of Prince Pipes and Fittings Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 58.45%
Maximum Annual Current Ratio = 2.43
Minimum Annual Increase = -12.79%
Minimum Annual Current Ratio = 1.09
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.12 | -12.79% |
| 2024 | 2.43 | 8.35% |
| 2023 | 2.24 | 18.55% |
| 2022 | 1.89 | 0.80% |
| 2021 | 1.88 | 9.05% |
| 2020 | 1.72 | 58.45% |
| 2019 | 1.09 | -5.14% |
| 2018 | 1.14 | -6.69% |
| 2017 | 1.23 | 9.04% |
| 2016 | 1.12 | 5.84% |
The current Current Ratio of Prince Pipes and Fittings Limited (PRINCEPIPE.NS) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.26
5-year avg
2.11
10-year avg
1.69
Prince Pipes and Fittings Limited’s Current Ratio is greater than Premier Explosives Limited (0), greater than Rossari Biotech Limited (1.73), greater than Rossari Biotech Limited (1.73), greater than Advanced Enzyme Technologies Limited (0), greater than Advanced Enzyme Technologies Limited (0), greater than Vishnu Chemicals Limited (1.85), greater than Vishnu Chemicals Limited (1.85), less than Grauer & Weil (India) Limited (2.98), greater than Neogen Chemicals Limited (1.58), greater than Neogen Chemicals Limited (1.58),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0 | $28.46B | |
| 1.73 | $33.40B | |
| 1.73 | $33.27B | |
| 0 | $34.26B | |
| 0 | $34.23B | |
| 1.85 | $33.46B | |
| 1.85 | $33.62B | |
| 2.98 | $35.83B | |
| 1.58 | $27.82B | |
| 1.58 | $27.72B |
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