KALYANI STEELS
|
The Current P/B Ratio of KALYANI STEELS is 2.13.
Share Price | ₹823.5 | Nov 08,2024 |
Market Cap | ₹3,598.7 Cr | |
Book Value | ₹1,691.4 Cr | Mar2024 - Standalone Results |
Price/Book | 2.13x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of KALYANI STEELS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,598.7 Cr] as on Nov 08,2024
(/) Book Value [ ₹1,691.4 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 2.13x ]
Thus, for KALYANI STEELS , the investors are currently willing to pay '2.13 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 KALYANI STEELS !
The chart below summarizes the trend in P/B Ratio of KALYANI STEELS over the last five years.
Historical PB (Price/Book ) ratio chart of KALYANI STEELS
PB Ratio Performance Analysis for KALYANI STEELS
- KALYANI STEELS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.16x.
- KALYANI STEELS 's operated at median p/b ratio of 0.95x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, KALYANI STEELS 's p/b ratio peaked in Mar2024 at 2.2x.
- KALYANI STEELS 's p/b ratio hit its five-year low in Mar2020 of 0.57x.
How does KALYANI STEELS '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 |
---|---|---|---|
KALYANI STEELS | 1,691.44 | 2.13 | 3,598.7 |
JSW STEEL LTD | 77,223.00 | 3.16 | 243,775.0 |
TATA STEEL LTD | 92,035.80 | 2.00 | 184,193.0 |
JINDAL STAINLESS LTD | 14,348.40 | 4.08 | 58,521.5 |
STEEL AUTHORITY OF INDIA LTD | 57,101.20 | 0.86 | 48,884.8 |
APL APOLLO TUBES LTD | 3,604.62 | 11.69 | 42,121.3 |
MOTHERSON SUMI WIRING INDIA LTD | 1,676.80 | 16.85 | 28,250.9 |
RATNAMANI METALS & TUBES LTD | 3,140.53 | 8.06 | 25,324.9 |
SHYAM METALICS AND ENERGY LTD | 9,685.18 | 2.36 | 22,809.3 |
WELSPUN CORP LTD | 5,596.02 | 3.63 | 20,319.0 |
JINDAL SAW LTD | 10,034.80 | 1.96 | 19,642.5 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs KALYANI STEELS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.86x |
Max industry PB | 16.85x |
Median industry PB | 3.16x |
Average industry PB | 5.16x |
You may also like the below Video Courses