DHATRE UDYOG
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The Current P/B Ratio of DHATRE UDYOG is 3.84.
Share Price | ₹21.5 | May 14,2024 |
Market Cap | ₹234.5 Cr | |
Book Value | ₹61.0 Cr | Mar2023 - Consolidated Results |
Price/Book | 3.84x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of DHATRE UDYOG
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹234.5 Cr] as on May 14,2024
(/) Book Value [ ₹61.0 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 3.84x ]
Thus, for DHATRE UDYOG , the investors are currently willing to pay '3.84 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 DHATRE UDYOG !
The chart below summarizes the trend in P/B Ratio of DHATRE UDYOG over the last five years.
Historical PB (Price/Book ) ratio chart of DHATRE UDYOG
PB Ratio Performance Analysis for DHATRE UDYOG
- DHATRE UDYOG 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.05x.
- DHATRE UDYOG 's operated at median p/b ratio of 0.77x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DHATRE UDYOG 's p/b ratio peaked in Mar2020 at 3.6x.
- DHATRE UDYOG 's p/b ratio hit its five-year low in Mar2021 of -0.53x.
How does DHATRE UDYOG '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 |
---|---|---|---|
DHATRE UDYOG | 61.04 | 3.84 | 234.5 |
JSW STEEL LTD | 65,287.00 | 3.30 | 215,555.0 |
TATA STEEL LTD | 103,082.00 | 2.00 | 205,915.0 |
JINDAL STAINLESS LTD | 11,931.20 | 4.91 | 58,579.1 |
STEEL AUTHORITY OF INDIA LTD | 54,746.70 | 1.24 | 68,029.8 |
APL APOLLO TUBES LTD | 3,604.62 | 12.16 | 43,835.0 |
MOTHERSON SUMI WIRING INDIA LTD | 1,330.50 | 22.67 | 30,156.4 |
RATNAMANI METALS & TUBES LTD | 2,603.90 | 8.49 | 22,111.2 |
SHYAM METALICS AND ENERGY LTD | 9,646.67 | 1.74 | 16,820.5 |
WELSPUN CORP LTD | 4,718.86 | 3.29 | 15,522.1 |
JINDAL SAW LTD | 10,093.30 | 1.73 | 17,476.2 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs DHATRE UDYOG 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.24x |
Max industry PB | 22.67x |
Median industry PB | 3.30x |
Average industry PB | 5.94x |
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