VENUS PIPES & TUBES
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The Current P/B Ratio of VENUS PIPES & TUBES is 5.57.
| Share Price | ₹1,398.8 | May 22,2026 |
| Market Cap | ₹2,895.4 Cr | |
| Book Value | ₹519.4 Cr | Mar2025 - Standalone Results |
| Price/Book | 5.57x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of VENUS PIPES & TUBES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,895.4 Cr] as on May 22,2026
(/) Book Value [ ₹519.4 Cr] based on Mar2025 - Standalone Results
(=) P/B Ratio [ 5.57x ]
Thus, for VENUS PIPES & TUBES , the investors are currently willing to pay '5.57 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 VENUS PIPES & TUBES !
The chart below summarizes the trend in P/B Ratio of VENUS PIPES & TUBES over the last five years.
Historical PB (Price/Book ) ratio chart of VENUS PIPES & TUBES
PB Ratio Performance Analysis for VENUS PIPES & TUBES
- VENUS PIPES & TUBES 's p/b ratio for fiscal years ending Mar2025 to Mar2021 averaged 3.78x.
- VENUS PIPES & TUBES 's operated at median p/b ratio of 4.72x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VENUS PIPES & TUBES 's p/b ratio peaked in Mar2024 at 9.43x.
- VENUS PIPES & TUBES 's p/b ratio hit its five-year low in Mar2022 of 0x.
How does VENUS PIPES & TUBES '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 |
|---|---|---|---|
| VENUS PIPES & TUBES | 519.37 | 5.57 | 2,895.4 |
| JSW STEEL LTD | 79,083.00 | 3.97 | 314,278.0 |
| TATA STEEL LTD | 103,780.00 | 2.52 | 261,154.0 |
| STEEL AUTHORITY OF INDIA LTD | 60,355.90 | 1.38 | 83,023.6 |
| JINDAL STAINLESS LTD | 19,791.30 | 3.07 | 60,697.9 |
| APL APOLLO TUBES LTD | 5,296.53 | 9.86 | 52,209.5 |
| WELSPUN CORP LTD | 9,155.56 | 3.68 | 33,671.6 |
| SHYAM METALICS AND ENERGY LTD | 11,522.80 | 2.29 | 26,364.0 |
| GODAWARI POWER AND ISPAT LTD | 5,691.57 | 3.44 | 19,593.1 |
| SARDA ENERGY & MINERALS LTD | 6,286.43 | 3.19 | 20,032.9 |
| RATNAMANI METALS & TUBES LTD | 4,110.62 | 4.34 | 17,849.6 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs VENUS PIPES & TUBES 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.38x |
| Max industry PB | 9.86x |
| Median industry PB | 3.44x |
| Average industry PB | 3.94x |
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