Home > PB Ratio > MAHAMAYA STEEL INDUSTRIES

MAHAMAYA STEEL INDUSTRIES
PB (Price/Book ) Ratio

The Current P/B Ratio of MAHAMAYA STEEL INDUSTRIES is 1.34.

Share Price ₹110.0Apr 23,2024
Market Cap ₹180.3 Cr
Book Value₹134.4 CrMar2023 - Consolidated Results
Price/Book 1.34xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for MAHAMAYA STEEL INDUSTRIES
Please provide your vote to see the results
MAHAMAYA STEEL INDUSTRIES is part of below Screeners ↓
Top Undervalued Small Cap Stocks
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of MAHAMAYA STEEL INDUSTRIES

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 MAHAMAYA STEEL INDUSTRIES is calculated as :

Current Market Cap [ ₹180.3 Cr] as on Apr 23,2024

(/) Book Value [ ₹134.4 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.34x ]

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

Thus, for MAHAMAYA STEEL INDUSTRIES , the investors are currently willing to pay '1.34 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 MAHAMAYA STEEL INDUSTRIES !

The chart below summarizes the trend in P/B Ratio of MAHAMAYA STEEL INDUSTRIES over the last five years.

Historical PB (Price/Book ) ratio chart of MAHAMAYA STEEL INDUSTRIES


PB Ratio Performance Analysis for MAHAMAYA STEEL INDUSTRIES

- MAHAMAYA STEEL INDUSTRIES 's latest p/b ratio is 1.34x.

- MAHAMAYA STEEL INDUSTRIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.19x.

- MAHAMAYA STEEL INDUSTRIES 's operated at median p/b ratio of 0.99x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MAHAMAYA STEEL INDUSTRIES 's p/b ratio peaked in Mar2019 at 2.36x.

- MAHAMAYA STEEL INDUSTRIES 's p/b ratio hit its five-year low in Mar2023 of 0.61x.


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

Peer Comparison (Steel & Iron Products Industry)Book ValuePB RatioMarket Cap
MAHAMAYA STEEL INDUSTRIES 134.401.34180.3
JSW STEEL LTD65,287.003.19208,182.0
TATA STEEL LTD103,082.001.95201,108.0
JINDAL STAINLESS LTD11,931.205.0059,670.2
STEEL AUTHORITY OF INDIA LTD54,746.701.1562,887.2
APL APOLLO TUBES LTD3,003.7914.4843,503.4
MOTHERSON SUMI WIRING INDIA LTD1,330.5023.6531,469.4
RATNAMANI METALS & TUBES LTD2,603.907.7520,179.8
SHYAM METALICS AND ENERGY LTD7,162.452.3817,031.2
WELSPUN CORP LTD4,718.863.1114,699.1
JINDAL SAW LTD7,922.762.0015,874.2

Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs MAHAMAYA STEEL INDUSTRIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.15x
Max industry PB 23.65x
Median industry PB 3.11x
Average industry PB 6.00x



You may also like the below Video Courses