SHAH ALLOYS
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The Current P/B Ratio of SHAH ALLOYS is 12.18.
| Share Price | ₹69.2 | Dec 26,2024 |
| Market Cap | ₹137.0 Cr | |
| Book Value | ₹11.2 Cr | Mar2024 - Consolidated Results |
| Price/Book | 12.18x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of SHAH ALLOYS
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
Current Market Cap [ ₹137.0 Cr] as on Dec 26,2024
(/) Book Value [ ₹11.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 12.18x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for SHAH ALLOYS , the investors are currently willing to pay '12.18 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 SHAH ALLOYS !
The chart below summarizes the trend in P/B Ratio of SHAH ALLOYS over the last five years.
Thus, for SHAH ALLOYS , the investors are currently willing to pay '12.18 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 SHAH ALLOYS !
The chart below summarizes the trend in P/B Ratio of SHAH ALLOYS over the last five years.
Historical PB (Price/Book ) ratio chart of SHAH ALLOYS
PB Ratio Performance Analysis for SHAH ALLOYS
- SHAH ALLOYS 's latest p/b ratio is 12.18x.
- SHAH ALLOYS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.60x.
- SHAH ALLOYS 's operated at median p/b ratio of 2.8x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHAH ALLOYS 's p/b ratio peaked in Mar2024 at 10.23x.
- SHAH ALLOYS 's p/b ratio hit its five-year low in Mar2020 of -0.74x.
- SHAH ALLOYS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.60x.
- SHAH ALLOYS 's operated at median p/b ratio of 2.8x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHAH ALLOYS 's p/b ratio peaked in Mar2024 at 10.23x.
- SHAH ALLOYS 's p/b ratio hit its five-year low in Mar2020 of -0.74x.
How does SHAH ALLOYS '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 |
|---|---|---|---|
| SHAH ALLOYS | 11.25 | 12.18 | 137.0 |
| JSW STEEL LTD | 77,223.00 | 2.90 | 223,637.0 |
| TATA STEEL LTD | 92,035.80 | 1.90 | 175,205.0 |
| JINDAL STAINLESS LTD | 14,348.40 | 4.21 | 60,361.7 |
| STEEL AUTHORITY OF INDIA LTD | 57,101.20 | 0.85 | 48,575.0 |
| APL APOLLO TUBES LTD | 3,604.62 | 11.52 | 41,508.0 |
| MOTHERSON SUMI WIRING INDIA LTD | 1,676.80 | 15.37 | 25,766.2 |
| RATNAMANI METALS & TUBES LTD | 3,140.53 | 7.33 | 23,022.8 |
| SHYAM METALICS AND ENERGY LTD | 9,685.18 | 2.12 | 20,559.5 |
| WELSPUN CORP LTD | 5,596.02 | 3.74 | 20,938.1 |
| JINDAL SAW LTD | 10,034.80 | 1.89 | 18,980.6 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs SHAH ALLOYS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.85x |
| Max industry PB | 15.37x |
| Median industry PB | 3.74x |
| Average industry PB | 5.82x |
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