LA TIM METAL & INDUSTRIES
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The Current P/B Ratio of LA TIM METAL & INDUSTRIES is 7.56.
Share Price | ₹15.8 | Nov 08,2024 |
Market Cap | ₹209.4 Cr | |
Book Value | ₹27.7 Cr | Mar2023 - Consolidated Results |
Price/Book | 7.56x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of LA TIM METAL & INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
LA TIM METAL & INDUSTRIES | 27.71 | 7.56 | 209.4 |
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 LA TIM METAL & INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB 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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