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PRAKASH STEELAGE
PB (Price/Book ) Ratio

The Current P/B Ratio of PRAKASH STEELAGE is 16.87.

Share Price ₹7.4Feb 07,2025
Market Cap ₹130.2 Cr
Book Value₹7.7 CrMar2024 - Standalone Results
Price/Book 16.87xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of PRAKASH STEELAGE

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 PRAKASH STEELAGE is calculated as :

Current Market Cap [ ₹130.2 Cr] as on Feb 07,2025

(/) Book Value [ ₹7.7 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 16.87x ]

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

Thus, for PRAKASH STEELAGE , the investors are currently willing to pay '16.87 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 PRAKASH STEELAGE !

The chart below summarizes the trend in P/B Ratio of PRAKASH STEELAGE over the last five years.

Historical PB (Price/Book ) ratio chart of PRAKASH STEELAGE


PB Ratio Performance Analysis for PRAKASH STEELAGE

- PRAKASH STEELAGE 's latest p/b ratio is 16.87x.

- PRAKASH STEELAGE 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.89x.

- PRAKASH STEELAGE 's operated at median p/b ratio of -0.06x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, PRAKASH STEELAGE 's p/b ratio peaked in Mar2024 at 17.58x.

- PRAKASH STEELAGE 's p/b ratio hit its five-year low in Mar2022 of -1.66x.


How does PRAKASH STEELAGE 's P/B Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Book ValuePB RatioMarket Cap
PRAKASH STEELAGE 7.7216.87130.2
JSW STEEL LTD77,223.003.11240,180.0
TATA STEEL LTD92,035.801.88172,646.0
JINDAL STAINLESS LTD14,348.403.6852,861.3
STEEL AUTHORITY OF INDIA LTD57,101.200.8045,539.0
APL APOLLO TUBES LTD3,604.6211.0039,637.4
MOTHERSON SUMI WIRING INDIA LTD1,676.8014.5924,466.4
RATNAMANI METALS & TUBES LTD3,140.536.2019,465.2
SHYAM METALICS AND ENERGY LTD9,685.182.2521,829.5
WELSPUN CORP LTD5,596.023.7621,041.7
JINDAL SAW LTD10,034.801.6216,275.5

Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs PRAKASH STEELAGE 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.80x
Max industry PB 16.87x
Median industry PB 3.68x
Average industry PB 5.98x



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