SARTHAK METALS
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The Current P/B Ratio of SARTHAK METALS is 3.04.
Share Price | ₹233.4 | Apr 25,2024 |
Market Cap | ₹319.7 Cr | |
Book Value | ₹105.0 Cr | Mar2023 - Standalone Results |
Price/Book | 3.04x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SARTHAK METALS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹319.7 Cr] as on Apr 25,2024
(/) Book Value [ ₹105.0 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 3.04x ]
Thus, for SARTHAK METALS , the investors are currently willing to pay '3.04 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 SARTHAK METALS !
The chart below summarizes the trend in P/B Ratio of SARTHAK METALS over the last five years.
Historical PB (Price/Book ) ratio chart of SARTHAK METALS
PB Ratio Performance Analysis for SARTHAK METALS
- SARTHAK METALS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.18x.
- SARTHAK METALS 's operated at median p/b ratio of 0.92x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SARTHAK METALS 's p/b ratio peaked in Mar2023 at 2.14x.
- SARTHAK METALS 's p/b ratio hit its five-year low in Mar2020 of 0.42x.
How does SARTHAK METALS 's P/B Ratio benchmark against top 10 peers in Metal - Ferrous Industry?
Peer Comparison (Metal - Ferrous Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SARTHAK METALS | 104.99 | 3.04 | 319.7 |
NATIONAL STANDARD (INDIA) LTD | 259.14 | 37.41 | 9,695.0 |
SHARDA ISPAT LTD | 36.83 | 4.11 | 151.3 |
Metal - Ferrous Industry Benchmark (Top 10) PB Analysis vs SARTHAK METALS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.04x |
Max industry PB | 37.41x |
Median industry PB | 4.11x |
Average industry PB | 14.85x |
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