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MSP STEEL & POWER
PB (Price/Book ) Ratio

The Current P/B Ratio of MSP STEEL & POWER is 1.87.

Share Price ₹27.6Apr 25,2024
Market Cap ₹1,064.5 Cr
Book Value₹569.9 CrMar2023 - Consolidated Results
Price/Book 1.87xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MSP STEEL & POWER

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 MSP STEEL & POWER is calculated as :

Current Market Cap [ ₹1,064.5 Cr] as on Apr 25,2024

(/) Book Value [ ₹569.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 1.87x ]

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

Thus, for MSP STEEL & POWER , the investors are currently willing to pay '1.87 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 MSP STEEL & POWER !

The chart below summarizes the trend in P/B Ratio of MSP STEEL & POWER over the last five years.

Historical PB (Price/Book ) ratio chart of MSP STEEL & POWER


PB Ratio Performance Analysis for MSP STEEL & POWER

- MSP STEEL & POWER 's latest p/b ratio is 1.87x.

- MSP STEEL & POWER 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.54x.

- MSP STEEL & POWER 's operated at median p/b ratio of 0.53x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MSP STEEL & POWER 's p/b ratio peaked in Mar2019 at 0.75x.

- MSP STEEL & POWER 's p/b ratio hit its five-year low in Mar2020 of 0.24x.


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

Peer Comparison (Steel & Iron Products Industry)Book ValuePB RatioMarket Cap
MSP STEEL & POWER 569.941.871,064.5
JSW STEEL LTD65,287.003.39221,436.0
TATA STEEL LTD103,082.002.03209,223.0
JINDAL STAINLESS LTD11,931.205.0360,024.3
STEEL AUTHORITY OF INDIA LTD54,746.701.2468,112.4
APL APOLLO TUBES LTD3,003.7914.3142,991.3
MOTHERSON SUMI WIRING INDIA LTD1,330.5023.3031,000.8
RATNAMANI METALS & TUBES LTD2,603.908.0620,995.0
SHYAM METALICS AND ENERGY LTD7,162.452.5117,971.9
WELSPUN CORP LTD4,718.863.2015,086.4
JINDAL SAW LTD7,922.762.2117,506.5

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.24x
Max industry PB 23.30x
Median industry PB 3.20x
Average industry PB 6.11x



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