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PB Ratio of Steel Strips Wheels Ltd

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Steel Strips Wheels Ltd

NSE: SSWL

PB Ratio

2.1

Last updated on: Apr 17, 2025

Key Highlights

  • The latest PB Ratio of Steel Strips Wheels Ltd is 2.1.
  • The PB ratio of the Steel Strips Wheels 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 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

3,064 Cr

EPS

13.4

P/E Ratio (TTM)

14.6

P/B Ratio (TTM)

2.1

Day’s High

200.55

Day’s Low

191.75

DTE

0.6

ROE

14.5

52 Week High

247.75

52 Week Low

167.5

ROCE

14.2

Market Price of Steel Strips Wheels Ltd

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
17 Apr 2025195.25
16 Apr 2025193.45
15 Apr 2025196.2
11 Apr 2025190.7
09 Apr 2025182.6
08 Apr 2025185.75
07 Apr 2025182.45
04 Apr 2025194.9
03 Apr 2025194.8
02 Apr 2025190.4

SWOT Analysis Of Steel Strips Wheels Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Steel Strips Wheels Ltd

Asset Value vs Market Value of Steel Strips Wheels Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

PB Ratio of Steel Strips Wheels Ltd Explained

3064

Market cap

92

Book Value per Share

2.1X

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

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Steel Strips Wheels Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Steel Strips Wheels Ltd News Hub

Steel Strips Wheels AGM scheduled

Steel Strips Wheels announced that the Annual General Meeting (AGM) of the company will be held on 3

Read more

31 Aug 24

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 crore recor

Read more

02 Sept 24

Steel Strips Wheels appoints Company Secretary and Compliance Officer

Steel Strips Wheels has appointed Ms. Kanika supta as Company Secretary and Compliance officer of th

Read more

29 Oct 24

Steel Strips Wheels to convene board meeting

Steel Strips Wheels will hold a meeting of the Board of Directors of the Company on 29 October 2024.

Read more

21 Oct 24

Document

Annual Reports

Annual Report 2024

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download

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 2.12. 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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