Steel Exchange India (BOM:534748) Price-to-Tangible-Book : 2.34 (As of May. 27, 2024)

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What is Steel Exchange India Price-to-Tangible-Book?

As of today (2024-05-27), Steel Exchange India's share price is ₹12.90. Steel Exchange India's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹5.52. Hence, Steel Exchange India's Price to Tangible Book Ratio of today is 2.34.

The historical rank and industry rank for Steel Exchange India's Price-to-Tangible-Book or its related term are showing as below:

BOM:534748' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.53 Med: 1.57 Max: 4.3
Current: 2.34

During the past 13 years, Steel Exchange India's highest Price to Tangible Book Ratio was 4.30. The lowest was 0.53. And the median was 1.57.

BOM:534748's Price-to-Tangible-Book is ranked worse than
77.41% of 602 companies
in the Steel industry
Industry Median: 1.045 vs BOM:534748: 2.34

A closely related ratio is called PB Ratio. As of today, Steel Exchange India's share price is ₹12.90. Steel Exchange India's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹5.52. Hence, Steel Exchange India's P/B Ratio of today is 2.34.

Steel Exchange India Price-to-Tangible-Book Historical Data

The historical data trend for Steel Exchange India's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Steel Exchange India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

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
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.73	-	1.89	-	2.50

Competitive Comparison of Steel Exchange India's Price-to-Tangible-Book

For the Steel subindustry, Steel Exchange India's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Steel Exchange India's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Steel Exchange India's Price-to-Tangible-Book falls into.

Steel Exchange India Price-to-Tangible-Book Calculation

Steel Exchange India's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	12.90	/	5.524
	=	2.34

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

Be Aware

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

Steel Exchange India Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Steel Exchange India's Price-to-Tangible-Book 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 » Price-to-Tangible-Book

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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.

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