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APL APOLLO TUBES
PB (Price/Book ) Ratio

The Current P/B Ratio of APL APOLLO TUBES is 9.77.

Share Price ₹1,864.4May 19,2026
Market Cap ₹51,773.0 Cr
Book Value₹5,296.5 CrMar2026 - Consolidated Results
Price/Book 9.77xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of APL APOLLO TUBES

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 APL APOLLO TUBES is calculated as :

Current Market Cap [ ₹51,773.0 Cr] as on May 19,2026

(/) Book Value [ ₹5,296.5 Cr] based on Mar2026 - Consolidated Results

(=) P/B Ratio [ 9.77x ]

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

Thus, for APL APOLLO TUBES , the investors are currently willing to pay '9.77 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 APL APOLLO TUBES !

The chart below summarizes the trend in P/B Ratio of APL APOLLO TUBES over the last five years.

Historical PB (Price/Book ) ratio chart of APL APOLLO TUBES


PB Ratio Performance Analysis for APL APOLLO TUBES

- APL APOLLO TUBES 's latest p/b ratio is 9.77x.

- APL APOLLO TUBES 's p/b ratio for fiscal years ending Mar2025 to Mar2021 averaged 10.48x.

- APL APOLLO TUBES 's operated at median p/b ratio of 10.35x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, APL APOLLO TUBES 's p/b ratio peaked in Mar2024 at 11.51x.

- APL APOLLO TUBES 's p/b ratio hit its five-year low in Mar2022 of 9.31x.


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

Peer Comparison (Steel & Iron Products Industry)Book ValuePB RatioMarket Cap
APL APOLLO TUBES 5,296.539.7751,773.0
JSW STEEL LTD79,083.003.97314,204.0
TATA STEEL LTD103,780.002.52261,279.0
STEEL AUTHORITY OF INDIA LTD60,355.901.3682,197.5
JINDAL STAINLESS LTD19,791.303.0760,838.0
WELSPUN CORP LTD7,427.164.5533,824.6
SHYAM METALICS AND ENERGY LTD11,522.802.1925,215.4
GODAWARI POWER AND ISPAT LTD5,691.573.4319,536.0
SARDA ENERGY & MINERALS LTD6,286.433.0118,942.3
RATNAMANI METALS & TUBES LTD4,110.624.3317,787.9
GALLANTT ISPAT LTD2,842.565.7316,285.3

Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs APL APOLLO TUBES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.36x
Max industry PB 9.77x
Median industry PB 3.43x
Average industry PB 3.99x



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