SHAH METACORP
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The Current P/B Ratio of SHAH METACORP is 9.21.
Share Price | ₹3.9 | May 18,2024 |
Market Cap | ₹162.7 Cr | |
Book Value | ₹17.7 Cr | Mar2023 - Consolidated Results |
Price/Book | 9.21x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SHAH METACORP
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹162.7 Cr] as on May 18,2024
(/) Book Value [ ₹17.7 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 9.21x ]
Thus, for SHAH METACORP , the investors are currently willing to pay '9.21 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 SHAH METACORP !
The chart below summarizes the trend in P/B Ratio of SHAH METACORP over the last five years.
Historical PB (Price/Book ) ratio chart of SHAH METACORP
PB Ratio Performance Analysis for SHAH METACORP
- SHAH METACORP 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.01x.
- SHAH METACORP 's operated at median p/b ratio of 0.83x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHAH METACORP 's p/b ratio peaked in Mar2023 at 4.55x.
- SHAH METACORP 's p/b ratio hit its five-year low in Mar2022 of -1.78x.
How does SHAH METACORP '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 |
---|---|---|---|
SHAH METACORP | 17.67 | 9.21 | 162.7 |
JSW STEEL LTD | 65,287.00 | 3.34 | 217,890.0 |
TATA STEEL LTD | 103,082.00 | 2.03 | 209,597.0 |
JINDAL STAINLESS LTD | 14,357.90 | 4.04 | 57,936.9 |
STEEL AUTHORITY OF INDIA LTD | 54,746.70 | 1.28 | 69,867.8 |
APL APOLLO TUBES LTD | 3,604.62 | 12.85 | 46,324.4 |
MOTHERSON SUMI WIRING INDIA LTD | 1,676.83 | 18.24 | 30,589.7 |
RATNAMANI METALS & TUBES LTD | 3,140.53 | 7.36 | 23,121.6 |
SHYAM METALICS AND ENERGY LTD | 9,646.67 | 1.86 | 17,977.5 |
WELSPUN CORP LTD | 4,718.86 | 3.49 | 16,453.6 |
JINDAL SAW LTD | 10,093.30 | 1.75 | 17,668.0 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs SHAH METACORP 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.28x |
Max industry PB | 18.24x |
Median industry PB | 3.49x |
Average industry PB | 5.95x |
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