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Scan Steels Ltd PB Ratio

Scan Steels Ltd PB Ratio

stocks purchased

₹ 0.6 Cr

Volume transacted

stocks purchased

98.3 K

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Last Updated time: 18 Sep 9.00 AM

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Scan Steels Ltd

NSE: SCANSTEELS

PB

0.9

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Scan Steels Ltd is 0.9 as of 18 Sep 24.
  • The P/B Ratio of Scan Steels Ltd changed from 0.5 on March 2022 to 0.4 on March 2023 . This represents a CAGR of -10.56% over 2 years. .

Historical P/B Ratio of Scan Steels Ltd

No data available

Company Fundamentals for Scan Steels Ltd

Market Cap

344 Cr

EPS

5.9

P/E Ratio (TTM) *

11.1

P/B Ratio (TTM) *

0.9

Day’s High *

68.94

Day’s Low

65.0

DTE *

0.3

ROE *

5.2

52 Week High

94.9

52 Week Low

41.0

ROCE *

7.2

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Scan Steels 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 202465.85
17 Sep 202467.61
16 Sep 202468.17
13 Sep 202469.02
12 Sep 202466.53
11 Sep 202467.58
10 Sep 202468.39
09 Sep 202467.78
06 Sep 202468.99
05 Sep 202469.07

SWOT Analysis Of Scan Steels Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Scan Steels Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Scan Steels Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Scan Steels Ltd0344
JSW Steel Ltd3072,33,688
Tata Steel Ltd1091,88,002
Jindal Steel & Power Ltd4461,04,508
Tube Investments of India Ltd20577,795
Jindal Stainless Ltd16661,704

Key Valuation Metric of Scan Steels 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 Scan Steels Ltd

No data available

* All values are in crore

Historical Revenue of Scan Steels Ltd

No data available

* All values are in crore

Historical EBITDA of Scan Steels Ltd

No data available

* All values are in crore

Historical Net Profit of Scan Steels Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Scan Steels Ltd News Hub

News

Scan Steels to hold AGM

Scan Steels announced that the Annual General Meeting (AGM) of the company will be held on...

Read more

27 Aug 202416:31

News

Scan Steels schedules board meeting

Scan Steels will hold a meeting of the Board of Directors of the Company on 24 August 2024...

Read more

19 Aug 202414:10

News

Scan Steels schedules board meeting

Scan Steels will hold a meeting of the Board of Directors of the Company on 31 July 2024. ...

Read more

24 Jul 202414:01

News

Scan Steels to table results

Scan Steels will hold a meeting of the Board of Directors of the Company on 11 May 2024. P...

Read more

30 Apr 202410:27

News

Scan Steels to convene EGM

Scan Steels announced that an Extra Ordinary General Meeting (EGM) of the Company will be ...

Read more

31 Jan 202417:16

News

Scan Steels to convene board meeting

Scan Steels will hold a meeting of the Board of Directors of the Company on 30 January 202...

Read more

13 Jan 202416:59

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FAQs for PB Ratio of Scan Steels Ltd

What is the PB ratio of Scan Steels Ltd?

The current PB ratio of Scan Steels Ltd is 0.86. 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 Scan Steels Ltd stocks?

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

The PB ratio of Scan 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 Scan Steels Ltd?

A high PB ratio suggests that Scan 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 Scan Steels Ltd?

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

Can Scan Steels Ltd PB Ratio change over time?

Yes, the PB ratio of Scan 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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