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Tamilnadu Steel Tubes Ltd PB Ratio

Tamilnadu Steel Tubes Ltd PB Ratio

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₹ 0.0 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.2 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Tamilnadu Steel Tubes Ltd

NSE: TNSTEELTUBES

PB

1.1

Last updated on: Oct 14, 2024

Key Highlights

  • The P/B Ratio of Tamilnadu Steel Tubes Ltd is 1.1 as of 14 Oct 24.
  • The P/B Ratio of Tamilnadu Steel Tubes Ltd changed from 0.6 on March 2022 to 0.8 on March 2024 . This represents a CAGR of 10.06% over 3 years. .

Historical P/B Ratio of Tamilnadu Steel Tubes Ltd

No data available

Company Fundamentals for Tamilnadu Steel Tubes Ltd

Market Cap

11 Cr

EPS

0.7

P/E Ratio (TTM) *

32.1

P/B Ratio (TTM) *

1.1

Day’s High *

20.5

Day’s Low

20.5

DTE *

0.9

ROE *

3.6

52 Week High

23.1

52 Week Low

11.3

ROCE *

2.4

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Tamilnadu 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
14 Oct 202421.49
10 Oct 202421.49
08 Oct 202421.07
07 Oct 202420.66
26 Sep 202420.66
23 Sep 202420.26
17 Sep 202420.67
13 Sep 202420.27
11 Sep 202419.88
10 Sep 202418.94

SWOT Analysis Of Tamilnadu Steel Tubes Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Tamilnadu Steel Tubes Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Tamilnadu Steel Tubes Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Tamilnadu Steel Tubes Ltd111
JSW Steel Ltd3172,42,112
Tata Steel Ltd1111,88,376
Jindal Steel & Power Ltd46396,602
Tube Investments of India Ltd21577,000
Jindal Stainless Ltd17559,514

Key Valuation Metric of Tamilnadu Steel Tubes Ltd

Share Price

₹21

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 Tamilnadu Steel Tubes Ltd

No data available

* All values are in crore

Historical Revenue of Tamilnadu Steel Tubes Ltd

No data available

* All values are in crore

Historical EBITDA of Tamilnadu Steel Tubes Ltd

No data available

* All values are in crore

Historical Net Profit of Tamilnadu Steel Tubes Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Tamilnadu Steel Tubes Ltd News Hub

News

Tamil Nadu Steel Tubes to convene board meeting

Tamil Nadu Steel Tubes will hold a meeting of the Board of Directors of the Company on 14 ...

Read more

07 Nov 202411:58

News

Tamil Nadu Steel Tubes to convene AGM

Tamil Nadu Steel Tubes announced that the 45th Annual General Meeting (AGM) of the company...

Read more

24 Aug 202417:27

News

Tamil Nadu Steel Tubes to discuss results

Tamil Nadu Steel Tubes will hold a meeting of the Board of Directors of the Company on 14 ...

Read more

07 Aug 202413:55

News

Tamil Nadu Steel Tubes to announce Quarterly Result

Tamil Nadu Steel Tubes will hold a meeting of the Board of Directors of the Company on 30 ...

Read more

20 May 202416:20

News

Tamil Nadu Steel Tubes to hold board meeting

Tamil Nadu Steel Tubes will hold a meeting of the Board of Directors of the Company on 10 ...

Read more

02 Feb 202412:07

News

Tamil Nadu Steel Tubes announces board meeting date

Tamil Nadu Steel Tubes will hold a meeting of the Board of Directors of the Company on 14 ...

Read more

04 Nov 202310:36

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Annual Reports

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Concalls

Data not available

FAQs for PB Ratio of Tamilnadu Steel Tubes Ltd

What is the PB ratio of Tamilnadu Steel Tubes Ltd?

The current PB ratio of Tamilnadu Steel Tubes Ltd is 1.15. 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 Tamilnadu 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 Tamilnadu 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 Tamilnadu Steel Tubes Ltd calculated?

The PB ratio of Tamilnadu 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 Tamilnadu Steel Tubes Ltd?

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

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

Can Tamilnadu Steel Tubes Ltd PB Ratio change over time?

Yes, the PB ratio of Tamilnadu 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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