OIL COUNTRY TUBULAR
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The Current P/B Ratio of OIL COUNTRY TUBULAR is 1.83.
Share Price | ₹74.7 | Feb 21,2025 |
Market Cap | ₹357.1 Cr | |
Book Value | ₹194.8 Cr | Mar2024 - Standalone Results |
Price/Book | 1.83x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of OIL COUNTRY TUBULAR
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹357.1 Cr] as on Feb 21,2025
(/) Book Value [ ₹194.8 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 1.83x ]
Thus, for OIL COUNTRY TUBULAR , the investors are currently willing to pay '1.83 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 OIL COUNTRY TUBULAR !
The chart below summarizes the trend in P/B Ratio of OIL COUNTRY TUBULAR over the last five years.
Historical PB (Price/Book ) ratio chart of OIL COUNTRY TUBULAR
PB Ratio Performance Analysis for OIL COUNTRY TUBULAR
- OIL COUNTRY TUBULAR 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -2.50x.
- OIL COUNTRY TUBULAR 's operated at median p/b ratio of -0.55x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, OIL COUNTRY TUBULAR 's p/b ratio peaked in Mar2022 at -0.32x.
- OIL COUNTRY TUBULAR 's p/b ratio hit its five-year low in Mar2024 of -5.64x.
How does OIL COUNTRY TUBULAR '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 |
---|---|---|---|
OIL COUNTRY TUBULAR | 194.77 | 1.83 | 357.1 |
JSW STEEL LTD | 77,223.00 | 3.11 | 240,046.0 |
TATA STEEL LTD | 92,035.80 | 1.91 | 175,517.0 |
JINDAL STAINLESS LTD | 14,348.40 | 3.59 | 51,477.4 |
STEEL AUTHORITY OF INDIA LTD | 57,101.20 | 0.82 | 46,571.7 |
APL APOLLO TUBES LTD | 3,604.62 | 11.46 | 41,312.3 |
MOTHERSON SUMI WIRING INDIA LTD | 1,676.80 | 12.95 | 21,707.6 |
SHYAM METALICS AND ENERGY LTD | 9,685.18 | 2.10 | 20,315.2 |
WELSPUN CORP LTD | 5,596.02 | 3.65 | 20,438.3 |
RATNAMANI METALS & TUBES LTD | 3,140.53 | 5.60 | 17,581.5 |
SARDA ENERGY & MINERALS LTD | 3,888.64 | 4.44 | 17,252.6 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs OIL COUNTRY TUBULAR 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.82x |
Max industry PB | 12.95x |
Median industry PB | 3.59x |
Average industry PB | 4.68x |
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