HomeInsightsPB

Eastcoast Steel Ltd PB Ratio

Eastcoast Steel Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume transacted

stocks purchased

0.2 K

stocks traded

Last Updated time: 18 Sep 9.00 AM

Image

Eastcoast Steel Ltd

NSE: ESTCSTSTEL

PB

0.6

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Eastcoast Steel Ltd is 0.6 as of 18 Sep 24.
  • The P/B Ratio of Eastcoast Steel Ltd changed from 0.8 on March 2022 to 0.8 on March 2024 . This represents a CAGR of 0.00% over 1 years. .

Historical P/B Ratio of Eastcoast Steel Ltd

No data available

Company Fundamentals for Eastcoast Steel Ltd

Market Cap

12 Cr

EPS

0.9

P/E Ratio (TTM) *

23.8

P/B Ratio (TTM) *

0.6

Day’s High *

22.6

Day’s Low

22.6

DTE *

0.1

ROE *

-0.2

52 Week High

35.14

52 Week Low

17.74

ROCE *

-0.1

Share price Over Time

1M

1Y

3Y

5Y

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

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 202422.6
17 Sep 202421.55
16 Sep 202420.65
13 Sep 202421.7
12 Sep 202422.8
09 Sep 202423.98
05 Sep 202422.85
04 Sep 202422.95
03 Sep 202421.94
30 Aug 202420.9

SWOT Analysis Of Eastcoast Steel Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Eastcoast Steel Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Eastcoast Steel Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Eastcoast Steel Ltd012
Adani Enterprises Ltd1463,36,768
Aegis Logistics Ltd6727,073
Cello World Ltd6519,436
Honasa Consumer Ltd3415,275
Redington Ltd4614,908

Key Valuation Metric of Eastcoast Steel Ltd

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of Eastcoast Steel Ltd

No data available

* All values are in crore

Historical Revenue of Eastcoast Steel Ltd

No data available

* All values are in crore

Historical EBITDA of Eastcoast Steel Ltd

No data available

* All values are in crore

Historical Net Profit of Eastcoast Steel Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Eastcoast Steel Ltd News Hub

News

Eastcoast Steel to conduct AGM

Eastcoast Steel announced that the 41th Annual General Meeting (AGM) of the company will b...

Read more

10 Sep 202417:34

News

Eastcoast Steel to discuss results

Eastcoast Steel will hold a meeting of the Board of Directors of the Company on 14 August ...

Read more

10 Aug 202416:42

News

Eastcoast Steel to announce Quarterly Result

Eastcoast Steel will hold a meeting of the Board of Directors of the Company on 30 May 202...

Read more

28 May 202415:38

News

Eastcoast Steel schedules board meeting

Eastcoast Steel will hold a meeting of the Board of Directors of the Company on 14 Februar...

Read more

09 Feb 202414:49

News

Eastcoast Steel to announce Quarterly Result

Eastcoast Steel will hold a meeting of the Board of Directors of the Company on 9 November...

Read more

03 Nov 202317:28

News

Eastcoast Steel to conduct AGM

Eastcoast Steel announced that the 40th Annual General Meeting (AGM) of the company will b...

Read more

12 Sep 202310:22

Document

Annual Reports

N/A

dropdown
download

Credit Ratings

N/A

dropdown
download

Concalls

FAQs for PB Ratio of Eastcoast Steel Ltd

What is the PB ratio of Eastcoast Steel Ltd?

The current PB ratio of Eastcoast Steel Ltd is 0.63. 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 Eastcoast Steel Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Eastcoast Steel 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 Eastcoast Steel Ltd calculated?

The PB ratio of Eastcoast Steel 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 Eastcoast Steel Ltd?

A high PB ratio suggests that Eastcoast Steel 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 Eastcoast Steel Ltd?

A low PB ratio of Eastcoast Steel Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Eastcoast Steel Ltd PB Ratio change over time?

Yes, the PB ratio of Eastcoast Steel 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.
up arrow
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*