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Mideast Integrated Steels Ltd PB Ratio

Mideast Integrated Steels Ltd PB Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Jun 27, 2022)

stocks purchased

1.8 K

Stocks Traded

(Jun 27, 2022)

Last Updated on: Nov 14, 2024

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Mideast Integrated Steels Ltd

NSE: MIDEASTSTL

PB

0.4

Last updated on: Jun 27, 2024

Key Highlights

  • The P/B Ratio of Mideast Integrated Steels Ltd is 0.4 as of 27 Jun 22.
  • The P/B Ratio of Mideast Integrated Steels Ltd changed from 0.3 on March 2022 to 0 on March 2024 . This represents a CAGR of -100.00% over 3 years. .

Historical P/B Ratio of Mideast Integrated Steels Ltd

No data available

Company Fundamentals for Mideast Integrated Steels Ltd

Market Cap

132 Cr

EPS

1.7

P/E Ratio (TTM) *

5.7

P/B Ratio (TTM) *

0.4

Day’s High *

9.58

Day’s Low

9.58

DTE *

1.8

ROE *

7.3

52 Week High

9.58

52 Week Low

0.0

ROCE *

5.4

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Mideast Integrated 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
27 Jun 20229.58
20 Jun 202210.08
13 Jun 202210.61
06 Jun 202211.16
30 May 202211.74
23 May 202212.35
16 May 202213
09 May 202213.17
02 May 202212.81
25 Apr 202212.2

SWOT Analysis Of Mideast Integrated Steels Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Mideast Integrated Steels Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Mideast Integrated Steels Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Mideast Integrated Steels Ltd0132
JSW Steel Ltd3192,29,591
Tata Steel Ltd1121,72,273
Jindal Steel & Power Ltd47589,467
Tube Investments of India Ltd22066,614
Jindal Stainless Ltd17857,163

Key Valuation Metric of Mideast Integrated Steels Ltd

Share Price

₹10

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 Mideast Integrated Steels Ltd

No data available

* All values are in crore

Historical Revenue of Mideast Integrated Steels Ltd

No data available

* All values are in crore

Historical EBITDA of Mideast Integrated Steels Ltd

No data available

* All values are in crore

Historical Net Profit of Mideast Integrated Steels Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Mideast Integrated Steels Ltd News Hub

News

Mideast Integrated Steels announces board meeting date

Mideast Integrated Steels will hold a meeting of the Board of Directors of the Company on ...

Read more

12 Nov 202411:03

News

Mideast Integrated Steels to hold AGM

Mideast Integrated Steels announced that the Annual General Meeting (AGM) of the company w...

Read more

31 Jul 202417:47

News

Mideast Integrated Steels announces board meeting date

Mideast Integrated Steels will hold a meeting of the Board of Directors of the Company on ...

Read more

24 Jul 202413:47

News

Mideast Integrated Steels to hold board meeting

Mideast Integrated Steels will hold a meeting of the Board of Directors of the Company on ...

Read more

30 May 202414:39

News

Mideast Integrated Steels to hold board meeting

Mideast Integrated Steels will hold a meeting of the Board of Directors of the Company on ...

Read more

16 May 202412:35

News

Mideast Integrated Steels to table results

Mideast Integrated Steels will hold a meeting of the Board of Directors of the Company on ...

Read more

27 Mar 202410:19

Document

Annual Reports

N/A

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Credit Ratings

N/A

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Concalls

Data not available

FAQs for PB Ratio of Mideast Integrated Steels Ltd

What is the PB ratio of Mideast Integrated Steels Ltd?

The current PB ratio of Mideast Integrated Steels Ltd is 0.42. 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 Mideast Integrated Steels Ltd stocks?

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

The PB ratio of Mideast Integrated 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 Mideast Integrated Steels Ltd?

A high PB ratio suggests that Mideast Integrated 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 Mideast Integrated Steels Ltd?

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

Can Mideast Integrated Steels Ltd PB Ratio change over time?

Yes, the PB ratio of Mideast Integrated 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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