USHA MARTIN
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The Current P/B Ratio of USHA MARTIN is 5.52.
Share Price | ₹368.1 | Apr 26,2024 |
Market Cap | ₹11,214.5 Cr | |
Book Value | ₹2,030.8 Cr | Mar2023 - Consolidated Results |
Price/Book | 5.52x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of USHA MARTIN
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹11,214.5 Cr] as on Apr 26,2024
(/) Book Value [ ₹2,030.8 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 5.52x ]
Thus, for USHA MARTIN , the investors are currently willing to pay '5.52 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 USHA MARTIN !
The chart below summarizes the trend in P/B Ratio of USHA MARTIN over the last five years.
Historical PB (Price/Book ) ratio chart of USHA MARTIN
PB Ratio Performance Analysis for USHA MARTIN
- USHA MARTIN 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.66x.
- USHA MARTIN 's operated at median p/b ratio of 1.57x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, USHA MARTIN 's p/b ratio peaked in Mar2023 at 3.21x.
- USHA MARTIN 's p/b ratio hit its five-year low in Mar2020 of 0.4x.
How does USHA MARTIN '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 |
---|---|---|---|
USHA MARTIN | 2,030.76 | 5.52 | 11,214.5 |
JSW STEEL LTD | 65,287.00 | 3.32 | 216,814.0 |
TATA STEEL LTD | 103,082.00 | 2.01 | 207,038.0 |
JINDAL STAINLESS LTD | 11,931.20 | 4.84 | 57,722.8 |
STEEL AUTHORITY OF INDIA LTD | 54,746.70 | 1.27 | 69,599.4 |
APL APOLLO TUBES LTD | 3,003.79 | 14.33 | 43,046.8 |
MOTHERSON SUMI WIRING INDIA LTD | 1,330.50 | 23.12 | 30,766.5 |
RATNAMANI METALS & TUBES LTD | 2,603.90 | 8.11 | 21,119.1 |
SHYAM METALICS AND ENERGY LTD | 7,162.45 | 2.50 | 17,874.2 |
WELSPUN CORP LTD | 4,718.86 | 3.17 | 14,950.3 |
JINDAL SAW LTD | 7,922.76 | 2.26 | 17,874.3 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs USHA MARTIN 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.27x |
Max industry PB | 23.12x |
Median industry PB | 3.32x |
Average industry PB | 6.40x |
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