MISHRA DHATU NIGAM
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The Current P/B Ratio of MISHRA DHATU NIGAM is 4.54.
Share Price | ₹320.0 | Jan 30,2025 |
Market Cap | ₹5,992.7 Cr | |
Book Value | ₹1,319.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 4.54x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of MISHRA DHATU NIGAM
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹5,992.7 Cr] as on Jan 30,2025
(/) Book Value [ ₹1,319.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 4.54x ]
Thus, for MISHRA DHATU NIGAM , the investors are currently willing to pay '4.54 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 MISHRA DHATU NIGAM !
The chart below summarizes the trend in P/B Ratio of MISHRA DHATU NIGAM over the last five years.
Historical PB (Price/Book ) ratio chart of MISHRA DHATU NIGAM
PB Ratio Performance Analysis for MISHRA DHATU NIGAM
- MISHRA DHATU NIGAM 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.49x.
- MISHRA DHATU NIGAM 's operated at median p/b ratio of 3.09x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MISHRA DHATU NIGAM 's p/b ratio peaked in Mar2024 at 5.59x.
- MISHRA DHATU NIGAM 's p/b ratio hit its five-year low in Mar2022 of 2.6x.
How does MISHRA DHATU NIGAM '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 |
---|---|---|---|
MISHRA DHATU NIGAM | 1,319.16 | 4.54 | 5,992.7 |
JSW STEEL LTD | 77,223.00 | 3.01 | 232,660.0 |
TATA STEEL LTD | 92,035.80 | 1.78 | 163,721.0 |
JINDAL STAINLESS LTD | 14,348.40 | 3.73 | 53,466.8 |
STEEL AUTHORITY OF INDIA LTD | 57,101.20 | 0.76 | 43,556.4 |
APL APOLLO TUBES LTD | 3,604.62 | 11.37 | 40,973.7 |
MOTHERSON SUMI WIRING INDIA LTD | 1,676.80 | 14.43 | 24,187.9 |
RATNAMANI METALS & TUBES LTD | 3,140.53 | 6.21 | 19,508.4 |
SHYAM METALICS AND ENERGY LTD | 9,685.18 | 2.25 | 21,766.7 |
WELSPUN CORP LTD | 5,596.02 | 3.38 | 18,925.9 |
JINDAL SAW LTD | 10,034.80 | 1.55 | 15,584.8 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs MISHRA DHATU NIGAM 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.76x |
Max industry PB | 14.43x |
Median industry PB | 3.38x |
Average industry PB | 4.82x |
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