SCAN STEELS
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The Current P/B Ratio of SCAN STEELS is 0.54.
| Share Price | ₹37.3 | May 14,2025 |
| Market Cap | ₹218.8 Cr | |
| Book Value | ₹402.9 Cr | Mar2024 - Consolidated Results |
| Price/Book | 0.54x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of SCAN STEELS
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
Current Market Cap [ ₹218.8 Cr] as on May 14,2025
(/) Book Value [ ₹402.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 0.54x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for SCAN STEELS , the investors are currently willing to pay '0.54 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 SCAN STEELS !
The chart below summarizes the trend in P/B Ratio of SCAN STEELS over the last five years.
Thus, for SCAN STEELS , the investors are currently willing to pay '0.54 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 SCAN STEELS !
The chart below summarizes the trend in P/B Ratio of SCAN STEELS over the last five years.
Historical PB (Price/Book ) ratio chart of SCAN STEELS
PB Ratio Performance Analysis for SCAN STEELS
- SCAN STEELS 's latest p/b ratio is 0.54x.
- SCAN STEELS 's p/b ratio for fiscal years ending Mar2024 to Mar2023 averaged 0.61x.
- SCAN STEELS 's operated at median p/b ratio of 0.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, SCAN STEELS 's p/b ratio peaked in Mar2024 at 0.82x.
- SCAN STEELS 's p/b ratio hit its five-year low in Mar2023 of 0.4x.
- SCAN STEELS 's p/b ratio for fiscal years ending Mar2024 to Mar2023 averaged 0.61x.
- SCAN STEELS 's operated at median p/b ratio of 0.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, SCAN STEELS 's p/b ratio peaked in Mar2024 at 0.82x.
- SCAN STEELS 's p/b ratio hit its five-year low in Mar2023 of 0.4x.
How does SCAN STEELS '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 |
|---|---|---|---|
| SCAN STEELS | 402.92 | 0.54 | 218.8 |
| JSW STEEL LTD | 77,223.00 | 3.13 | 241,917.0 |
| TATA STEEL LTD | 91,352.80 | 2.12 | 193,868.0 |
| JINDAL STAINLESS LTD | 16,687.90 | 3.23 | 53,956.9 |
| STEEL AUTHORITY OF INDIA LTD | 57,101.20 | 0.89 | 50,681.6 |
| APL APOLLO TUBES LTD | 4,208.72 | 11.50 | 48,415.6 |
| MOTHERSON SUMI WIRING INDIA LTD | 1,698.31 | 14.81 | 25,156.1 |
| SHYAM METALICS AND ENERGY LTD | 10,553.30 | 2.40 | 25,324.2 |
| WELSPUN CORP LTD | 5,596.02 | 3.63 | 20,322.1 |
| RATNAMANI METALS & TUBES LTD | 3,140.53 | 6.14 | 19,282.0 |
| SARDA ENERGY & MINERALS LTD | 3,888.64 | 4.10 | 15,941.7 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs SCAN STEELS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.54x |
| Max industry PB | 14.81x |
| Median industry PB | 3.23x |
| Average industry PB | 4.77x |
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