GANDHI SPECIAL TUBES
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The Current P/B Ratio of GANDHI SPECIAL TUBES is 4.57.
Share Price | ₹834.7 | Dec 20,2024 |
Market Cap | ₹1,018.3 Cr | |
Book Value | ₹222.8 Cr | Mar2024 - Standalone Results |
Price/Book | 4.57x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of GANDHI SPECIAL TUBES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,018.3 Cr] as on Dec 20,2024
(/) Book Value [ ₹222.8 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 4.57x ]
Thus, for GANDHI SPECIAL TUBES , the investors are currently willing to pay '4.57 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of GANDHI SPECIAL TUBES !
The chart below summarizes the trend in P/B Ratio of GANDHI SPECIAL TUBES over the last five years.
Historical PB (Price/Book ) ratio chart of GANDHI SPECIAL TUBES
PB Ratio Performance Analysis for GANDHI SPECIAL TUBES
- GANDHI SPECIAL TUBES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.79x.
- GANDHI SPECIAL TUBES 's operated at median p/b ratio of 2.88x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GANDHI SPECIAL TUBES 's p/b ratio peaked in Mar2024 at 4.01x.
- GANDHI SPECIAL TUBES 's p/b ratio hit its five-year low in Mar2020 of 1.81x.
How does GANDHI SPECIAL TUBES 's P/B Ratio benchmark against top 10 peers in Steel & Iron Products Industry?
Peer Comparison (Steel & Iron Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GANDHI SPECIAL TUBES | 222.78 | 4.57 | 1,018.3 |
JSW STEEL LTD | 77,223.00 | 2.91 | 224,603.0 |
TATA STEEL LTD | 92,035.80 | 1.91 | 175,829.0 |
JINDAL STAINLESS LTD | 14,348.40 | 4.13 | 59,286.7 |
STEEL AUTHORITY OF INDIA LTD | 57,101.20 | 0.84 | 47,976.1 |
APL APOLLO TUBES LTD | 3,604.62 | 12.01 | 43,280.0 |
MOTHERSON SUMI WIRING INDIA LTD | 1,676.80 | 15.80 | 26,500.1 |
RATNAMANI METALS & TUBES LTD | 3,140.53 | 7.35 | 23,075.0 |
SHYAM METALICS AND ENERGY LTD | 9,685.18 | 2.22 | 21,483.4 |
WELSPUN CORP LTD | 5,596.02 | 3.64 | 20,383.2 |
JINDAL SAW LTD | 10,034.80 | 1.91 | 19,210.8 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs GANDHI SPECIAL TUBES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.84x |
Max industry PB | 15.80x |
Median industry PB | 3.64x |
Average industry PB | 5.21x |
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