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PB Ratio of Welcast Steels Ltd

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Welcast Steels Ltd

NSE: WELCASTSTEELS

PB Ratio

1.9

Last updated on: Apr 04, 2025

Key Highlights

  • The latest PB Ratio of Welcast Steels Ltd is 1.9.
  • 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 0.6 on March 2020 to 2.5 on March 2024 . This represents a CAGR of 33.03% over 5 years.

Historical P/B Ratio of Welcast Steels Ltd

No data available

Company Fundamentals for Welcast Steels Ltd

Market Cap

76 Cr

EPS

12.8

P/E Ratio (TTM)

92.8

P/B Ratio (TTM)

1.9

Day’s High

1187.5

Day’s Low

1122.05

DTE

0.0

ROE

4.9

52 Week High

1861.85

52 Week Low

1061.0

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

Date
leftPrice (₹)right
04 Apr 20251187.5
02 Apr 20251159.2
01 Apr 20251179.95
28 Mar 20251143.95
27 Mar 20251150
26 Mar 20251140
25 Mar 20251145.05
24 Mar 20251150.1
21 Mar 20251158
19 Mar 20251156.75

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

PB Ratio of Welcast Steels Ltd Explained

76

Market cap

617

Book Value per Share

1.9X

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 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

Dividend Payout Over Time

No data available

Welcast Steels Ltd News Hub

Welcast Steels reports standalone net loss of Rs 0.58 crore in the June 2024 quarter

Net loss of Welcast Steels reported to Rs 0.58 crore in the quarter ended June 2024 as against net p

Read more

08 Aug 24

Welcast Steels to announce Quarterly Result

Welcast Steels will hold a meeting of the Board of Directors of the Company on 29 October 2024. Powe

Read more

19 Oct 24

Welcast Steels reports standalone net loss of Rs 0.06 crore in the September 2024 quarter

Net loss of Welcast Steels reported to Rs 0.06 crore in the quarter ended September 2024 as against

Read more

29 Oct 24

Welcast Steels to announce Quarterly Result

Welcast Steels will hold a meeting of the Board of Directors of the Company on 6 February 2025. Powe

Read more

28 Jan 25

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

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 1.93. 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.
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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