Surani Steel Tubes (NSE:SURANI) ROE % Adjusted to Book Value : -1.75% (As of Sep. 2023)

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What is Surani Steel Tubes ROE % Adjusted to Book Value?

Surani Steel Tubes's ROE % for the quarter that ended in Sep. 2023 was -5.25%. Surani Steel Tubes's PB Ratio for the quarter that ended in Sep. 2023 was 3.00. Surani Steel Tubes's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2023 was -1.75%.

Surani Steel Tubes ROE % Adjusted to Book Value Historical Data

The historical data trend for Surani Steel Tubes's ROE % Adjusted to Book Value 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.

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Surani Steel Tubes ROE % Adjusted to Book Value Chart

Surani Steel Tubes Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROE % Adjusted to Book Value

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-0.43

-23.51

26.79

5.06

-3.88

Surani Steel Tubes Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Mar22	Sep22	Mar23	Sep23
ROE % Adjusted to Book Value	Get a 7-Day Free Trial										62.19	-	-	13.10	-1.75

Competitive Comparison of Surani Steel Tubes's ROE % Adjusted to Book Value

For the Steel subindustry, Surani Steel Tubes's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Surani Steel Tubes's ROE % Adjusted to Book Value Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Surani Steel Tubes's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Surani Steel Tubes's ROE % Adjusted to Book Value falls into.

Surani Steel Tubes ROE % Adjusted to Book Value Calculation

Surani Steel Tubes's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2023 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	-7.57%	/	1.95
	=	-3.88%

Surani Steel Tubes's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2023 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	-5.25%	/	3.00
	=	-1.75%

Surani Steel Tubes ROE % Adjusted to Book Value Related Terms

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Surani Steel Tubes (NSE:SURANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Surani Steel Tubes Ltd (NSE:SURANI) » Definitions » ROE % Adjusted to Book Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bayad Road, Sr. No. 110,115, Opposite Vinayak TMT, Village Sampa, Taluka Dahegam, Gandhinagar, GJ, IND, 382315

Website

https://www.suranisteel.com

Surani Steel Tubes Ltd is engaged in manufacturing and supplying ERW pipes and steel tubes. The company operates a single segment named manufacturing ERW MS PIPES and trading of MS PIPE. The company's products include ERW Round Pipes and Tubes, Square and Rectangle Hollow Sections, MS Slit Coils and Strips, Hot Roll Coils, and Brochures. Geographically, it operates only in India.

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