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LA TIM METAL & INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of LA TIM METAL & INDUSTRIES is 7.56.

Share Price ₹15.8Nov 08,2024
Market Cap ₹209.4 Cr
Book Value₹27.7 CrMar2023 - Consolidated Results
Price/Book 7.56xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of LA TIM METAL & INDUSTRIES

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of LA TIM METAL & INDUSTRIES is calculated as :

Current Market Cap [ ₹209.4 Cr] as on Nov 08,2024

(/) Book Value [ ₹27.7 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 7.56x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for LA TIM METAL & INDUSTRIES , the investors are currently willing to pay '7.56 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 LA TIM METAL & INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of LA TIM METAL & INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of LA TIM METAL & INDUSTRIES


PB Ratio Performance Analysis for LA TIM METAL & INDUSTRIES

- LA TIM METAL & INDUSTRIES 's latest p/b ratio is 7.56x.

- LA TIM METAL & INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 14.19x.

- LA TIM METAL & INDUSTRIES 's operated at median p/b ratio of 2.37x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LA TIM METAL & INDUSTRIES 's p/b ratio peaked in Mar2020 at 59.94x.

- LA TIM METAL & INDUSTRIES 's p/b ratio hit its five-year low in Mar2021 of 2.2x.


How does LA TIM METAL & INDUSTRIES 's P/B Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Book ValuePB RatioMarket Cap
LA TIM METAL & INDUSTRIES 27.717.56209.4
JSW STEEL LTD77,223.003.16243,775.0
TATA STEEL LTD92,035.802.00184,193.0
JINDAL STAINLESS LTD14,348.404.0858,521.5
STEEL AUTHORITY OF INDIA LTD57,101.200.8648,884.8
APL APOLLO TUBES LTD3,604.6211.6942,121.3
MOTHERSON SUMI WIRING INDIA LTD1,676.8016.8528,250.9
RATNAMANI METALS & TUBES LTD3,140.538.0625,324.9
SHYAM METALICS AND ENERGY LTD9,685.182.3622,809.3
WELSPUN CORP LTD5,596.023.6320,319.0
JINDAL SAW LTD10,034.801.9619,642.5

Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs LA TIM METAL & INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.86x
Max industry PB 16.85x
Median industry PB 3.63x
Average industry PB 5.65x



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