Steel Exchange India (BOM:534748) PB Ratio : 2.34 (As of May. 27, 2024)

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What is Steel Exchange India PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-27), Steel Exchange India's share price is ₹12.90. Steel Exchange India's Book Value per Share for the quarter that ended in Mar. 2024 was ₹5.52. Hence, Steel Exchange India's PB Ratio of today is 2.34.

The historical rank and industry rank for Steel Exchange India's PB Ratio or its related term are showing as below:

BOM:534748' s PB Ratio Range Over the Past 10 Years
Min: 0.44 Med: 1.45 Max: 4.67
Current: 2.34

During the past 13 years, Steel Exchange India's highest PB Ratio was 4.67. The lowest was 0.44. And the median was 1.45.

BOM:534748's PB Ratio is ranked worse than
79.08% of 607 companies
in the Steel industry
Industry Median: 1.01 vs BOM:534748: 2.34

During the past 12 months, Steel Exchange India's average Book Value Per Share Growth Rate was 11.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 35.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Steel Exchange India was 66.80% per year. The lowest was -41.50% per year. And the median was 13.70% per year.

Back to Basics: PB Ratio

Steel Exchange India PB Ratio Historical Data

The historical data trend for Steel Exchange India's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Steel Exchange India PB Ratio Chart

Steel Exchange India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

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0.63

1.67

4.30

2.73

2.50

Steel Exchange India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															2.73	-	1.89	-	2.50

Competitive Comparison of Steel Exchange India's PB Ratio

For the Steel subindustry, Steel Exchange India's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Steel Exchange India's PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Steel Exchange India's PB Ratio distribution charts can be found below:

* The bar in red indicates where Steel Exchange India's PB Ratio falls into.

Steel Exchange India PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Steel Exchange India's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	12.90	/	5.524
	=	2.34

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Steel Exchange India (BOM:534748) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Steel Exchange India PB Ratio Related Terms

Thank you for viewing the detailed overview of Steel Exchange India's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Steel Exchange India (BOM:534748) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Steel Exchange India Ltd (BOM:534748) » Definitions » PB Ratio

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STEELXIND:India

Address

Block A, Green City Towers, Near Apparel Export Park, Green City, Vadlapudi Post, Visakhapatnam, AP, IND, 530049

Website

https://www.seil.co.in

Steel Exchange India Ltd is engaged in the business of manufacturing and marketing iron and steel products. It operates in the Iron and Steel and Power segment. The division also deals with the products manufactured by the company namely TMT bars, Sponge Iron, and Steel billet, RINL (Vizag Steel) and is marketed in some of the coastal regions. The company also engages in the generation and sale of power to power traders. The company generates the majority of its revenue from the Iron and steel segment.

Steel Exchange India (BOM:534748) Headlines

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