The share price of ACC Ltd. gained 0.5% to Rs 1886.45 at 12:30PM (IST) in Monday's trade. The scrip has hit a high of Rs 1893.1 and a low of Rs 1867.15 so far during the session. the STock had closed at Rs 1877.1 in the previous session.
A higher price-to-earnings ratio shows investors are willing to pay a higher price 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 no growth in the business.
The scrip gained 56.25% during the past year, while the 30-share index advanced 54.14% during the same period.
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