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Steel Strips Wheels Ltd PB Ratio

Steel Strips Wheels Ltd PB Ratio

stocks purchased

₹ 0.2 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

7.6 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Steel Strips Wheels Ltd

NSE: SSWL

PB

2.3

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Steel Strips Wheels Ltd is 2.3 as of 07 Nov 24.
  • The P/B Ratio of Steel Strips Wheels Ltd changed from 2.8 on March 2022 to 2.6 on March 2024 . This represents a CAGR of -2.44% over 3 years. .

Historical P/B Ratio of Steel Strips Wheels Ltd

No data available

Company Fundamentals for Steel Strips Wheels Ltd

Market Cap

3,342 Cr

EPS

14.1

P/E Ratio (TTM) *

15.1

P/B Ratio (TTM) *

2.3

Day’s High *

215.8

Day’s Low

208.0

DTE *

0.6

ROE *

14.5

52 Week High

297.65

52 Week Low

189.0

ROCE *

14.2

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Steel Strips Wheels 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 2024213
06 Nov 2024213.7
05 Nov 2024213.95
04 Nov 2024204.5
01 Nov 2024207.25
31 Oct 2024203.95
30 Oct 2024203
29 Oct 2024190.25
28 Oct 2024191.5
25 Oct 2024194.9

SWOT Analysis Of Steel Strips Wheels Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Steel Strips Wheels Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Steel Strips Wheels Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Steel Strips Wheels Ltd

Share Price

₹209

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 Strips Wheels Ltd

No data available

* All values are in crore

Historical Revenue of Steel Strips Wheels Ltd

No data available

* All values are in crore

Historical EBITDA of Steel Strips Wheels Ltd

No data available

* All values are in crore

Historical Net Profit of Steel Strips Wheels Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Steel Strips Wheels Ltd News Hub

News

SSWL slips after net turnover slides 6% YoY in October

The company's gross turnover fell 5.44% to Rs 455.24 crore in October 2024 from Rs 481.41 ...

Read more

04 Nov 202410:50

News

Steel Strips Wheels appoints Company Secretary and Compliance Officer

Steel Strips Wheels has appointed Ms. Kanika supta as Company Secretary and Compliance off...

Read more

29 Oct 202414:22

News

Steel Strips Wheels to convene board meeting

Steel Strips Wheels will hold a meeting of the Board of Directors of the Company on 29 Oct...

Read more

21 Oct 202415:39

News

SSWL posts nearly 10% fall in net turnover in Sept'24; sales volume drops by 8% YoY

The company's gross turnover fell by 9.35% to Rs 441.45 crore in September 2024 from Rs 48...

Read more

01 Oct 202413:07

News

SSWL net turnover slides 7% YoY in August

The company's gross turnover fell 6.17% to Rs 442.15 crore in August 2024 from Rs 471.24 c...

Read more

02 Sep 202411:16

News

Steel Strips Wheels AGM scheduled

Steel Strips Wheels announced that the Annual General Meeting (AGM) of the company will be...

Read more

31 Aug 202416:35

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 Steel Strips Wheels Ltd

What is the PB ratio of Steel Strips Wheels Ltd?

The current PB ratio of Steel Strips Wheels Ltd is 2.32. 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 Strips Wheels Ltd stocks?

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

The PB ratio of Steel Strips Wheels 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 Strips Wheels Ltd?

A high PB ratio suggests that Steel Strips Wheels 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 Strips Wheels Ltd?

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

Can Steel Strips Wheels Ltd PB Ratio change over time?

Yes, the PB ratio of Steel Strips Wheels 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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