INDIA STEEL WORKS
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The Current P/B Ratio of INDIA STEEL WORKS is 4.65.
Share Price | ₹5.7 | Dec 20,2024 |
Market Cap | ₹225.7 Cr | |
Book Value | ₹48.5 Cr | Mar2023 - Consolidated Results |
Price/Book | 4.65x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of INDIA STEEL WORKS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹225.7 Cr] as on Dec 20,2024
(/) Book Value [ ₹48.5 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 4.65x ]
Thus, for INDIA STEEL WORKS , the investors are currently willing to pay '4.65 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 INDIA STEEL WORKS !
The chart below summarizes the trend in P/B Ratio of INDIA STEEL WORKS over the last five years.
Historical PB (Price/Book ) ratio chart of INDIA STEEL WORKS
PB Ratio Performance Analysis for INDIA STEEL WORKS
- INDIA STEEL WORKS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.68x.
- INDIA STEEL WORKS 's operated at median p/b ratio of 0.23x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDIA STEEL WORKS 's p/b ratio peaked in Mar2022 at 1.65x.
- INDIA STEEL WORKS 's p/b ratio hit its five-year low in Mar2020 of 0.05x.
How does INDIA STEEL WORKS '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 |
---|---|---|---|
INDIA STEEL WORKS | 48.53 | 4.65 | 225.7 |
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 INDIA STEEL WORKS '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 | 5.22x |
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