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PB Ratio of Welcast Steels Ltd

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Welcast Steels Ltd

NSE: WELCASTSTEELS

PB Ratio

2.2

Last updated on: Dec 24, 2024

Key Highlights

  • The latest PB Ratio of Welcast Steels Ltd is 2.2.
  • The PB ratio of the Welcast Steels Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Welcast Steels Ltd changed from 1.1 on March 2019 to 2.5 on March 2024 . This represents a CAGR of 14.66% over 6 years.

Historical P/B Ratio of Welcast Steels Ltd

No data available

Company Fundamentals for Welcast Steels Ltd

Market Cap

85 Cr

EPS

30.2

P/E Ratio (TTM)

44.3

P/B Ratio (TTM)

2.2

Day’s High

1389.0

Day’s Low

1330.05

DTE

0.0

ROE

4.9

52 Week High

1861.85

52 Week Low

1200.0

ROCE

6.6

Market Price of Welcast Steels Ltd

1M

1Y

3Y

5Y

Monitoring Welcast Steels Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

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SWOT Analysis Of Welcast Steels Ltd

Strength

2

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Welcast Steels Ltd

Asset Value vs Market Value of Welcast Steels Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

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Historical Market Cap of Welcast Steels Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Welcast Steels Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Welcast Steels Ltd

What is the PB ratio of Welcast Steels Ltd?

The current PB ratio of Welcast Steels Ltd is 2.17. 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 Welcast Steels Ltd stocks?

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

The PB ratio of Welcast Steels 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 Welcast Steels Ltd?

A high PB ratio suggests that Welcast Steels 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 Welcast Steels Ltd?

A low PB ratio of Welcast Steels Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Welcast Steels Ltd PB Ratio change over time?

Yes, the PB ratio of Welcast Steels Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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