SHARDA ISPAT
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The Current P/B Ratio of SHARDA ISPAT is 4.00.
Share Price | ₹288.6 | May 03,2024 |
Market Cap | ₹147.2 Cr | |
Book Value | ₹36.8 Cr | Mar2023 - Standalone Results |
Price/Book | 4.00x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of SHARDA ISPAT
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹147.2 Cr] as on May 03,2024
(/) Book Value [ ₹36.8 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 4.00x ]
Thus, for SHARDA ISPAT , the investors are currently willing to pay '4.00 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 SHARDA ISPAT !
The chart below summarizes the trend in P/B Ratio of SHARDA ISPAT over the last five years.
Historical PB (Price/Book ) ratio chart of SHARDA ISPAT
PB Ratio Performance Analysis for SHARDA ISPAT
- SHARDA ISPAT 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.08x.
- SHARDA ISPAT 's operated at median p/b ratio of 0.94x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SHARDA ISPAT 's p/b ratio peaked in Mar2019 at 1.82x.
- SHARDA ISPAT 's p/b ratio hit its five-year low in Mar2020 of 0.69x.
How does SHARDA ISPAT 's P/B Ratio benchmark against top 10 peers in Metal - Ferrous Industry?
Peer Comparison (Metal - Ferrous Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SHARDA ISPAT | 36.83 | 4.00 | 147.2 |
NATIONAL STANDARD (INDIA) LTD | 259.14 | 37.25 | 9,652.3 |
SARTHAK METALS LTD | 104.99 | 3.34 | 350.9 |
Metal - Ferrous Industry Benchmark (Top 10) PB Analysis vs SHARDA ISPAT 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.34x |
Max industry PB | 37.25x |
Median industry PB | 4.00x |
Average industry PB | 14.86x |
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