Home

Steel Exchange India Ltd PB Ratio

Image

Steel Exchange India Ltd

NSE: STEELXIND

PB

2.6

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Steel Exchange India Ltd is 2.6.
  • The PB ratio of the Steel Exchange India Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Steel Exchange India Ltd changed from -0.9 on March 2019 to 3.8 on March 2024 . This represents a CAGR of NaN% over 6 years.

Historical P/B Ratio of Steel Exchange India Ltd

No data available

Company Fundamentals for Steel Exchange India Ltd

Market Cap

1,217 Cr

EPS

0.2

P/E Ratio (TTM)

48.4

P/B Ratio (TTM)

2.6

Day’s High

10.25

Day’s Low

10.14

DTE

0.6

ROE

3.8

52 Week High

18.42

52 Week Low

9.52

ROCE

8.7

Market Price of Steel Exchange India Ltd

1M

1Y

3Y

5Y

Monitoring Steel Exchange 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
21 Nov 202410.17
19 Nov 202410.26
18 Nov 202410.2
14 Nov 202410.15
13 Nov 202410.14

SWOT Analysis Of Steel Exchange India Ltd

Strength

1

che

Weakness

0

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Steel Exchange India Ltd

Asset Value vs Market Value of Steel Exchange India Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Steel Exchange India Ltd2.62
JSW Steel Ltd331.0
Tata Steel Ltd114.7
Jindal Steel & Power Ltd479.8
Tube Investments of India Ltd216.2

Historical Market Cap of Steel Exchange India Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Steel Exchange India Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Steel Exchange India Ltd

What is the PB ratio of Steel Exchange India Ltd?

The current PB ratio of Steel Exchange India Ltd is 2.62. 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 Exchange 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 Exchange 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 Exchange India Ltd calculated?

The PB ratio of Steel Exchange 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 Exchange India Ltd?

A high PB ratio suggests that Steel Exchange 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 Exchange India Ltd?

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

Can Steel Exchange India Ltd PB Ratio change over time?

Yes, the PB ratio of Steel Exchange 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.
50yearstrust

Unlimited trading at just

Rs. 399

Rs. 199*