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Surani Steel Tubes Ltd PB Ratio

Surani Steel Tubes Ltd PB Ratio

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Last Updated on: Nov 08, 2024

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Surani Steel Tubes Ltd

NSE: SURANI

PB

3.6

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Surani Steel Tubes Ltd is 3.6 as of 07 Nov 24.
  • The P/B Ratio of Surani Steel Tubes Ltd changed from 1.5 on March 2022 to 8.3 on March 2024 . This represents a CAGR of 76.87% over 3 years. .

Historical P/B Ratio of Surani Steel Tubes Ltd

No data available

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Surani Steel Tubes 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 2024227.05
06 Nov 2024235.8
05 Nov 2024237.95
04 Nov 2024237.4
01 Nov 2024254.05
31 Oct 2024250
30 Oct 2024247.3
29 Oct 2024241.4
28 Oct 2024235.8
25 Oct 2024248

SWOT Analysis Of Surani Steel Tubes Ltd

Strength

0

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Surani Steel Tubes Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Surani Steel Tubes Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Key Valuation Metric of Surani Steel Tubes Ltd

No data available

No data available

Historical Market Cap of Surani Steel Tubes Ltd

No data available

* All values are in crore

Historical Revenue of Surani Steel Tubes Ltd

No data available

* All values are in crore

Historical EBITDA of Surani Steel Tubes Ltd

No data available

* All values are in crore

Historical Net Profit of Surani Steel Tubes Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Surani Steel Tubes Ltd News Hub

News

Surani Steel Tubes schedules board meeting

Surani Steel Tubes will hold a meeting of the Board of Directors of the Company on 12 Nove...

Read more

07 Nov 202416:02

News

Surani Steel Tubes to hold AGM

Surani Steel Tubes announced that the 12th Annual General Meeting (AGM) of the company wil...

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16 Sep 202413:58

News

Surani Steel Tubes schedules board meeting

Surani Steel Tubes will hold a meeting of the Board of Directors of the Company on 28 May ...

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23 May 202412:32

News

Surani Steel Tubes schedules EGM

Surani Steel Tubes announced that an Extra Ordinary General Meeting (EGM) of the Company w...

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19 Jan 202415:35

News

Surani Steel Tubes to hold board meeting

Surani Steel Tubes will hold a meeting of the Board of Directors of the Company on 18 Janu...

Read more

16 Jan 202412:50

News

Surani Steel Tubes to hold board meeting

Surani Steel Tubes will hold a meeting of the Board of Directors of the Company on 14 Nove...

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08 Nov 202314:39

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Concalls

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FAQs for PB Ratio of Surani Steel Tubes Ltd

What is the PB ratio of Surani Steel Tubes Ltd?

The current PB ratio of Surani Steel Tubes Ltd is 0.0. 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 Surani Steel Tubes Ltd stocks?

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

The PB ratio of Surani Steel Tubes 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 Surani Steel Tubes Ltd?

A high PB ratio suggests that Surani Steel Tubes 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 Surani Steel Tubes Ltd?

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

Can Surani Steel Tubes Ltd PB Ratio change over time?

Yes, the PB ratio of Surani Steel Tubes 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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