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USHA MARTIN
PB (Price/Book ) Ratio

The Current P/B Ratio of USHA MARTIN is 4.76.

Share Price ₹372.0Dec 20,2024
Market Cap ₹11,333.3 Cr
Book Value₹2,379.7 CrMar2024 - Consolidated Results
Price/Book 4.76xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of USHA MARTIN

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 USHA MARTIN is calculated as :

Current Market Cap [ ₹11,333.3 Cr] as on Dec 20,2024

(/) Book Value [ ₹2,379.7 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 4.76x ]

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

Thus, for USHA MARTIN , the investors are currently willing to pay '4.76 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 USHA MARTIN !

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

Historical PB (Price/Book ) ratio chart of USHA MARTIN


PB Ratio Performance Analysis for USHA MARTIN

- USHA MARTIN 's latest p/b ratio is 4.76x.

- USHA MARTIN 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.17x.

- USHA MARTIN 's operated at median p/b ratio of 2.42x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, USHA MARTIN 's p/b ratio peaked in Mar2024 at 4.08x.

- USHA MARTIN 's p/b ratio hit its five-year low in Mar2020 of 0.4x.


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

Peer Comparison (Steel & Iron Products Industry)Book ValuePB RatioMarket Cap
USHA MARTIN 2,379.674.7611,333.3
JSW STEEL LTD77,223.002.91224,603.0
TATA STEEL LTD92,035.801.91175,829.0
JINDAL STAINLESS LTD14,348.404.1359,286.7
STEEL AUTHORITY OF INDIA LTD57,101.200.8447,976.1
APL APOLLO TUBES LTD3,604.6212.0143,280.0
MOTHERSON SUMI WIRING INDIA LTD1,676.8015.8026,500.1
RATNAMANI METALS & TUBES LTD3,140.537.3523,075.0
SHYAM METALICS AND ENERGY LTD9,685.182.2221,483.4
WELSPUN CORP LTD5,596.023.6420,383.2
JINDAL SAW LTD10,034.801.9119,210.8

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

Top 10 Industry PeersPB Ratio
Min industry PB 0.84x
Max industry PB 15.80x
Median industry PB 3.64x
Average industry PB 5.23x



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