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Steel Authority Of India Ltd PB Ratio

Steel Authority Of India Ltd PB Ratio

stocks purchased

₹ 11.7 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

990.0 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Steel Authority of India Ltd

NSE: SAIL

PB

0.9

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Steel Authority of India Ltd is 0.9 as of 07 Nov 24.
  • The P/B Ratio of Steel Authority of India Ltd changed from 0.8 on March 2022 to 1 on March 2024 . This represents a CAGR of 7.72% over 3 years. .

Historical P/B Ratio of Steel Authority of India Ltd

No data available

Company Fundamentals for Steel Authority of India Ltd

Market Cap

50,929 Cr

EPS

9.4

P/E Ratio (TTM) *

13.1

P/B Ratio (TTM) *

0.9

Day’s High *

120.9

Day’s Low

115.0

DTE *

0.7

ROE *

5.5

52 Week High

175.65

52 Week Low

84.94

ROCE *

6.6

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Steel Authority of India 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 2024123.3
06 Nov 2024123.85
05 Nov 2024118.55
04 Nov 2024113.9
01 Nov 2024117.7
31 Oct 2024115.75
30 Oct 2024116.05
29 Oct 2024115.75
28 Oct 2024114.7
25 Oct 2024111.45

SWOT Analysis Of Steel Authority of India Ltd

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Steel Authority of India Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Steel Authority of India Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Steel Authority of India Ltd050,929
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 Steel Authority of India Ltd

Share Price

₹118

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 Steel Authority of India Ltd

No data available

* All values are in crore

Historical Revenue of Steel Authority of India Ltd

No data available

* All values are in crore

Historical EBITDA of Steel Authority of India Ltd

No data available

* All values are in crore

Historical Net Profit of Steel Authority of India Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Steel Authority of India Ltd News Hub

News

Steel Authority of India to hold board meeting

Steel Authority of India will hold a meeting of the Board of Directors of the Company on 7...

Read more

04 Nov 202410:43

News

Steel Authority of India Ltd spurts 1.05%, gains for third straight session

Steel Authority of India Ltd is up for a third straight session in a row. The stock is quo...

Read more

30 Oct 202413:05

News

Steel Authority of India Ltd Falls 0.81%

Steel Authority of India Ltd lost 0.81% today to trade at Rs 140.2. The BSE Metal index is...

Read more

01 Oct 202409:30

News

Steel Authority of India Ltd up for fifth session

Steel Authority of India Ltd is up for a fifth straight session in a row. The stock is quo...

Read more

27 Sep 202413:00

News

Steel Authority of India Ltd gains for third straight session

Steel Authority of India Ltd is up for a third straight session today. The stock is quotin...

Read more

16 Sep 202413:05

News

Steel Authority of India to hold AGM

Steel Authority of India announced that the 52th Annual General Meeting (AGM) of the compa...

Read more

03 Sep 202417:11

Document

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FAQs for PB Ratio of Steel Authority of India Ltd

What is the PB ratio of Steel Authority of India Ltd?

The current PB ratio of Steel Authority of India Ltd is 0.89. 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 Steel Authority of India Ltd stocks?

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

The PB ratio of Steel Authority of India 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 Steel Authority of India Ltd?

A high PB ratio suggests that Steel Authority of India 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 Steel Authority of India Ltd?

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

Can Steel Authority of India Ltd PB Ratio change over time?

Yes, the PB ratio of Steel Authority of India 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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