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Bihar Sponge Iron Ltd PB Ratio

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Bihar Sponge Iron Ltd

NSE: BIHARSPONG

PB

0

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Bihar Sponge Iron Ltd is 0.
  • The PB ratio of the Bihar Sponge Iron Ltd is below 1 which indicates that the stock is undervalued.
  • The P/B Ratio of Bihar Sponge Iron Ltd changed from -0.1 on March 2019 to -1.3 on March 2024 . This represents a CAGR of 53.34% over 6 years.

Historical P/B Ratio of Bihar Sponge Iron Ltd

No data available

Company Fundamentals for Bihar Sponge Iron Ltd

Market Cap

137 Cr

EPS

1.2

P/E Ratio (TTM)

12.8

P/B Ratio (TTM)

0.0

Day’s High

16.0

Day’s Low

15.4

DTE

-0.5

ROE

-21.3

52 Week High

26.77

52 Week Low

9.5

ROCE

15.3

Market Price of Bihar Sponge Iron Ltd

1M

1Y

3Y

5Y

Monitoring Bihar Sponge Iron Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
22 Nov 202415.24
21 Nov 202414.67
19 Nov 202413.98
18 Nov 202414.4
14 Nov 202414.96

SWOT Analysis Of Bihar Sponge Iron Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Bihar Sponge Iron Ltd

Asset Value vs Market Value of Bihar Sponge Iron Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Bihar Sponge Iron Ltd0
JSW Steel Ltd313.6
Tata Steel Ltd114.4
Jindal Steel & Power Ltd479.3
Tube Investments of India Ltd221.3

Historical Market Cap of Bihar Sponge Iron Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Bihar Sponge Iron Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Bihar Sponge Iron Ltd

What is the PB ratio of Bihar Sponge Iron Ltd?

The current PB ratio of Bihar Sponge Iron Ltd is 0.0. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Bihar Sponge Iron Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Bihar Sponge Iron Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Bihar Sponge Iron Ltd calculated?

The PB ratio of Bihar Sponge Iron Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Bihar Sponge Iron Ltd?

A high PB ratio suggests that Bihar Sponge Iron Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Bihar Sponge Iron Ltd?

A low PB ratio of Bihar Sponge Iron Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Bihar Sponge Iron Ltd PB Ratio change over time?

Yes, the PB ratio of Bihar Sponge Iron Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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