ISMT
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The Current P/B Ratio of ISMT is 2.10.
Share Price | ₹103.2 | Apr 26,2024 |
Market Cap | ₹3,100.0 Cr | |
Book Value | ₹1,477.9 Cr | Mar2023 - Consolidated Results |
Price/Book | 2.10x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ISMT
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,100.0 Cr] as on Apr 26,2024
(/) Book Value [ ₹1,477.9 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 2.10x ]
Thus, for ISMT , the investors are currently willing to pay '2.10 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 ISMT !
The chart below summarizes the trend in P/B Ratio of ISMT over the last five years.
Historical PB (Price/Book ) ratio chart of ISMT
PB Ratio Performance Analysis for ISMT
- ISMT 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.55x.
- ISMT 's operated at median p/b ratio of -0.03x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ISMT 's p/b ratio peaked in Mar2023 at 1.71x.
- ISMT 's p/b ratio hit its five-year low in Mar2019 of -0.11x.
How does ISMT '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 |
---|---|---|---|
ISMT | 1,477.86 | 2.10 | 3,100.0 |
JSW STEEL LTD | 65,287.00 | 3.32 | 216,814.0 |
TATA STEEL LTD | 103,082.00 | 2.01 | 207,038.0 |
JINDAL STAINLESS LTD | 11,931.20 | 4.84 | 57,722.8 |
STEEL AUTHORITY OF INDIA LTD | 54,746.70 | 1.27 | 69,599.4 |
APL APOLLO TUBES LTD | 3,003.79 | 14.33 | 43,046.8 |
MOTHERSON SUMI WIRING INDIA LTD | 1,330.50 | 23.12 | 30,766.5 |
RATNAMANI METALS & TUBES LTD | 2,603.90 | 8.11 | 21,119.1 |
SHYAM METALICS AND ENERGY LTD | 7,162.45 | 2.50 | 17,874.2 |
WELSPUN CORP LTD | 4,718.86 | 3.17 | 14,950.3 |
JINDAL SAW LTD | 7,922.76 | 2.26 | 17,874.3 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs ISMT 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.27x |
Max industry PB | 23.12x |
Median industry PB | 3.17x |
Average industry PB | 6.09x |
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