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Modern Steels Ltd PB Ratio

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Modern Steels Ltd

NSE: MODERNSTEELS

PB

2.2

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Modern Steels Ltd is 2.2.
  • The PB ratio of the Modern Steels Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Modern Steels Ltd changed from -0.2 on March 2019 to 2.1 on March 2024 . This represents a CAGR of NaN% over 6 years.

Historical P/B Ratio of Modern Steels Ltd

No data available

Company Fundamentals for Modern Steels Ltd

Market Cap

27 Cr

EPS

0.6

P/E Ratio (TTM)

32.4

P/B Ratio (TTM)

2.2

Day’s High

20.3

Day’s Low

19.1

DTE

0.0

ROE

6.4

52 Week High

36.2

52 Week Low

18.0

ROCE

6.3

Market Price of Modern Steels Ltd

1M

1Y

3Y

5Y

Monitoring Modern 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
22 Nov 202420.09
21 Nov 202419.74
19 Nov 202419.68
18 Nov 202419.83
14 Nov 202419.9

SWOT Analysis Of Modern Steels Ltd

Strength

0

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Modern Steels Ltd

Asset Value vs Market Value of Modern Steels Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Modern Steels Ltd2.18
JSW Steel Ltd319.8
Tata Steel Ltd112.7
Jindal Steel & Power Ltd475.6
Tube Investments of India Ltd220.3

Historical Market Cap of Modern Steels Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Modern Steels Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Modern Steels Ltd

What is the PB ratio of Modern Steels Ltd?

The current PB ratio of Modern Steels Ltd is 2.18. 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 Modern Steels Ltd stocks?

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

The PB ratio of Modern 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 Modern Steels Ltd?

A high PB ratio suggests that Modern 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 Modern Steels Ltd?

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

Can Modern Steels Ltd PB Ratio change over time?

Yes, the PB ratio of Modern 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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