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Manaksia Steels Ltd PB Ratio

Manaksia Steels Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.7 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Manaksia Steels Ltd

NSE: MANAKSTEEL

PB

1.5

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Manaksia Steels Ltd is 1.5 as of 07 Nov 24.
  • The P/B Ratio of Manaksia Steels Ltd changed from 1.1 on March 2022 to 1.3 on March 2024 . This represents a CAGR of 5.73% over 3 years. .

Historical P/B Ratio of Manaksia Steels Ltd

No data available

Company Fundamentals for Manaksia Steels Ltd

Market Cap

445 Cr

EPS

3.0

P/E Ratio (TTM) *

22.4

P/B Ratio (TTM) *

1.5

Day’s High *

67.29

Day’s Low

66.61

DTE *

0.6

ROE *

9.4

52 Week High

107.1

52 Week Low

43.31

ROCE *

9.5

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Manaksia Steels 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
07 Nov 202467.96
06 Nov 202468.4
05 Nov 202466.16
04 Nov 202465.78
01 Nov 202466.58
31 Oct 202467.12
30 Oct 202467.02
29 Oct 202467.79
28 Oct 202467.26
25 Oct 202467.8

SWOT Analysis Of Manaksia Steels Ltd

Strength

1

S

Weakness

3

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Manaksia Steels Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Manaksia Steels Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Manaksia Steels Ltd1445
JSW Steel Ltd3192,42,112
Tata Steel Ltd1121,88,376
Jindal Steel & Power Ltd47696,602
Tube Investments of India Ltd21777,000
Jindal Stainless Ltd17759,514

Key Valuation Metric of Manaksia Steels Ltd

Share Price

₹67

PB Ratio

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 Manaksia Steels Ltd

No data available

* All values are in crore

Historical Revenue of Manaksia Steels Ltd

No data available

* All values are in crore

Historical EBITDA of Manaksia Steels Ltd

No data available

* All values are in crore

Historical Net Profit of Manaksia Steels Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Manaksia Steels Ltd News Hub

News

Manaksia Steels to hold board meeting

Manaksia Steels will hold a meeting of the Board of Directors of the Company on 8 November...

Read more

02 Nov 202412:52

News

Manaksia Steels schedules AGM

Manaksia Steels announced that the 23th Annual General Meeting (AGM) of the company will b...

Read more

27 Aug 202411:23

News

Manaksia Steels to convene board meeting

Manaksia Steels will hold a meeting of the Board of Directors of the Company on 13 August ...

Read more

09 Aug 202411:09

News

Manaksia Steels announces board meeting date

Manaksia Steels will hold a meeting of the Board of Directors of the Company on 28 May 202...

Read more

25 May 202411:53

News

Manaksia Steels to convene board meeting

Manaksia Steels will hold a meeting of the Board of Directors of the Company on 12 Februar...

Read more

06 Feb 202416:44

News

Manaksia Steels Ltd leads gainers in 'B' group

BLB Ltd, SBC Exports Ltd, Tourism Finance Corporation of India Ltd and Salasar Techno Engi...

Read more

20 Jan 202412:15

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Manaksia Steels Ltd

What is the PB ratio of Manaksia Steels Ltd?

The current PB ratio of Manaksia Steels Ltd is 1.48. 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 Manaksia Steels Ltd stocks?

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

The PB ratio of Manaksia Steels 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 Manaksia Steels Ltd?

A high PB ratio suggests that Manaksia Steels 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 Manaksia Steels Ltd?

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

Can Manaksia Steels Ltd PB Ratio change over time?

Yes, the PB ratio of Manaksia Steels 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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