BEEKAY STEEL INDUSTRIES
|
The Current P/B Ratio of BEEKAY STEEL INDUSTRIES is 1.45.
Share Price | ₹616.1 | Apr 19,2024 |
Market Cap | ₹1,176.8 Cr | |
Book Value | ₹810.2 Cr | Mar2023 - Consolidated Results |
Price/Book | 1.45x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of BEEKAY STEEL INDUSTRIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹1,176.8 Cr] as on Apr 19,2024
(/) Book Value [ ₹810.2 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 1.45x ]
Thus, for BEEKAY STEEL INDUSTRIES , the investors are currently willing to pay '1.45 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 BEEKAY STEEL INDUSTRIES !
The chart below summarizes the trend in P/B Ratio of BEEKAY STEEL INDUSTRIES over the last five years.
Historical PB (Price/Book ) ratio chart of BEEKAY STEEL INDUSTRIES
PB Ratio Performance Analysis for BEEKAY STEEL INDUSTRIES
- BEEKAY STEEL INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.05x.
- BEEKAY STEEL INDUSTRIES 's operated at median p/b ratio of 0.98x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BEEKAY STEEL INDUSTRIES 's p/b ratio peaked in Mar2019 at 1.52x.
- BEEKAY STEEL INDUSTRIES 's p/b ratio hit its five-year low in Mar2020 of 0.67x.
How does BEEKAY STEEL INDUSTRIES '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 |
---|---|---|---|
BEEKAY STEEL INDUSTRIES | 810.17 | 1.45 | 1,176.8 |
JSW STEEL LTD | 65,287.00 | 3.24 | 211,593.0 |
TATA STEEL LTD | 103,082.00 | 1.96 | 202,357.0 |
JINDAL STAINLESS LTD | 11,931.20 | 4.78 | 57,006.4 |
STEEL AUTHORITY OF INDIA LTD | 54,746.70 | 1.10 | 60,285.0 |
APL APOLLO TUBES LTD | 3,003.79 | 14.37 | 43,155.1 |
MOTHERSON SUMI WIRING INDIA LTD | 1,330.50 | 23.29 | 30,987.6 |
RATNAMANI METALS & TUBES LTD | 2,603.90 | 7.83 | 20,381.3 |
SHYAM METALICS AND ENERGY LTD | 7,162.45 | 2.32 | 16,593.0 |
WELSPUN CORP LTD | 4,718.86 | 2.93 | 13,821.2 |
JINDAL SAW LTD | 7,922.76 | 1.94 | 15,351.4 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs BEEKAY STEEL INDUSTRIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.10x |
Max industry PB | 23.29x |
Median industry PB | 2.93x |
Average industry PB | 5.93x |
You may also like the below Video Courses