SURAJ
|
The Current P/B Ratio of SURAJ is 5.18.
Share Price | ₹292.1 | Apr 19,2024 |
Market Cap | ₹537.4 Cr | |
Book Value | ₹103.8 Cr | Mar2023 - Standalone Results |
Price/Book | 5.18x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SURAJ
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹537.4 Cr] as on Apr 19,2024
(/) Book Value [ ₹103.8 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 5.18x ]
Thus, for SURAJ , the investors are currently willing to pay '5.18 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 SURAJ !
The chart below summarizes the trend in P/B Ratio of SURAJ over the last five years.
Historical PB (Price/Book ) ratio chart of SURAJ
PB Ratio Performance Analysis for SURAJ
- SURAJ 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.93x.
- SURAJ 's operated at median p/b ratio of 0.8x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SURAJ 's p/b ratio peaked in Mar2023 at 1.39x.
- SURAJ 's p/b ratio hit its five-year low in Mar2020 of 0.52x.
How does SURAJ '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 |
---|---|---|---|
SURAJ | 103.76 | 5.18 | 537.4 |
JSW STEEL LTD | 65,287.00 | 3.24 | 211,593.0 |
TATA STEEL LTD | 103,082.00 | 1.96 | 202,357.0 |
JINDAL STAINLESS LTD | 11,931.20 | 4.78 | 57,006.4 |
STEEL AUTHORITY OF INDIA LTD | 54,746.70 | 1.10 | 60,285.0 |
APL APOLLO TUBES LTD | 3,003.79 | 14.37 | 43,155.1 |
MOTHERSON SUMI WIRING INDIA LTD | 1,330.50 | 23.29 | 30,987.6 |
RATNAMANI METALS & TUBES LTD | 2,603.90 | 7.83 | 20,381.3 |
SHYAM METALICS AND ENERGY LTD | 7,162.45 | 2.32 | 16,593.0 |
WELSPUN CORP LTD | 4,718.86 | 2.93 | 13,821.2 |
JINDAL SAW LTD | 7,922.76 | 1.94 | 15,351.4 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs SURAJ 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.10x |
Max industry PB | 23.29x |
Median industry PB | 3.24x |
Average industry PB | 6.27x |
You may also like the below Video Courses