PRAKASH STEELAGE
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The Current P/B Ratio of PRAKASH STEELAGE is 16.87.
Share Price | ₹7.4 | Feb 07,2025 |
Market Cap | ₹130.2 Cr | |
Book Value | ₹7.7 Cr | Mar2024 - Standalone Results |
Price/Book | 16.87x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of PRAKASH STEELAGE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
PRAKASH STEELAGE | 7.72 | 16.87 | 130.2 |
JSW STEEL LTD | 77,223.00 | 3.11 | 240,180.0 |
TATA STEEL LTD | 92,035.80 | 1.88 | 172,646.0 |
JINDAL STAINLESS LTD | 14,348.40 | 3.68 | 52,861.3 |
STEEL AUTHORITY OF INDIA LTD | 57,101.20 | 0.80 | 45,539.0 |
APL APOLLO TUBES LTD | 3,604.62 | 11.00 | 39,637.4 |
MOTHERSON SUMI WIRING INDIA LTD | 1,676.80 | 14.59 | 24,466.4 |
RATNAMANI METALS & TUBES LTD | 3,140.53 | 6.20 | 19,465.2 |
SHYAM METALICS AND ENERGY LTD | 9,685.18 | 2.25 | 21,829.5 |
WELSPUN CORP LTD | 5,596.02 | 3.76 | 21,041.7 |
JINDAL SAW LTD | 10,034.80 | 1.62 | 16,275.5 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs PRAKASH STEELAGE 's P/B Ratio
Top 10 Industry Peers | PB 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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