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PB Ratio of Surani Steel Tubes Ltd

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Surani Steel Tubes Ltd

NSE: SURANI

PB Ratio

3.2

Last updated on: Dec 12, 2024

Key Highlights

  • The latest PB Ratio of Surani Steel Tubes Ltd is 3.2.
  • The PB ratio of the Surani Steel Tubes Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Surani Steel Tubes Ltd changed from 1.8 on March 2019 to 8.3 on March 2024 . This represents a CAGR of 29.01% over 6 years.

Historical P/B Ratio of Surani Steel Tubes Ltd

No data available

Company Fundamentals for Surani Steel Tubes Ltd

No data available

Market Price of Surani Steel Tubes Ltd

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
12 Dec 2024203.85
11 Dec 2024208
10 Dec 2024211
09 Dec 2024207.6
06 Dec 2024203.6

SWOT Analysis Of Surani Steel Tubes Ltd

Strength

0

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Surani Steel Tubes Ltd

Asset Value vs Market Value of Surani Steel Tubes Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

PB Ratio of Surani Steel Tubes Ltd Explained

No data available

Historical Revenue, EBITDA and Net Profit of Surani Steel Tubes Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

* All values are in %

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.

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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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