SURAJ PRODUCTS
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The Current P/B Ratio of SURAJ PRODUCTS is 6.64.
Share Price | ₹601.2 | May 07,2024 |
Market Cap | ₹685.3 Cr | |
Book Value | ₹103.1 Cr | Mar2023 - Standalone Results |
Price/Book | 6.64x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of SURAJ PRODUCTS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹685.3 Cr] as on May 07,2024
(/) Book Value [ ₹103.1 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 6.64x ]
Thus, for SURAJ PRODUCTS , the investors are currently willing to pay '6.64 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 PRODUCTS !
The chart below summarizes the trend in P/B Ratio of SURAJ PRODUCTS over the last five years.
Historical PB (Price/Book ) ratio chart of SURAJ PRODUCTS
PB Ratio Performance Analysis for SURAJ PRODUCTS
- SURAJ PRODUCTS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.90x.
- SURAJ PRODUCTS 's operated at median p/b ratio of 0.73x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SURAJ PRODUCTS 's p/b ratio peaked in Mar2022 at 1.65x.
- SURAJ PRODUCTS 's p/b ratio hit its five-year low in Mar2020 of 0.23x.
How does SURAJ PRODUCTS 's P/B Ratio benchmark against top 10 peers in Steel/Sponge Iron/Pig Iron Industry?
Peer Comparison (Steel/Sponge Iron/Pig Iron Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
SURAJ PRODUCTS | 103.14 | 6.64 | 685.3 |
JINDAL STEEL & POWER LTD | 38,706.60 | 2.44 | 94,281.6 |
LLOYDS METALS & ENERGY LTD | 2,810.87 | 12.23 | 34,372.4 |
JAI BALAJI INDUSTRIES LTD | 1,504.12 | 11.15 | 16,763.9 |
STEEL EXCHANGE INDIA LTD | 453.39 | 3.70 | 1,679.1 |
SAL STEEL LTD | 41.53 | 3.73 | 155.0 |
KIC METALIKS LTD | 177.80 | 1.04 | 184.7 |
BIHAR SPONGE IRON LTD | -63.19 | -1.91 | 120.7 |
VASWANI INDUSTRIES LTD | 112.65 | 0.90 | 101.6 |
Steel/Sponge Iron/Pig Iron Industry Benchmark (Top 10) PB Analysis vs SURAJ PRODUCTS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -1.91x |
Max industry PB | 12.23x |
Median industry PB | 3.70x |
Average industry PB | 4.44x |
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