Ahmedabad Steelcraft (BOM:522273) PB Ratio : 0.80 (As of May. 21, 2024)

View and export this data going back to 1995. Start your Free Trial

What is Ahmedabad Steelcraft PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-21), Ahmedabad Steelcraft's share price is ₹47.56. Ahmedabad Steelcraft's Book Value per Share for the quarter that ended in Dec. 2023 was ₹59.81. Hence, Ahmedabad Steelcraft's PB Ratio of today is 0.80.

The historical rank and industry rank for Ahmedabad Steelcraft's PB Ratio or its related term are showing as below:

BOM:522273' s PB Ratio Range Over the Past 10 Years
Min: 0.15 Med: 0.29 Max: 0.8
Current: 0.8

During the past 13 years, Ahmedabad Steelcraft's highest PB Ratio was 0.80. The lowest was 0.15. And the median was 0.29.

BOM:522273's PB Ratio is ranked better than
60.2% of 608 companies
in the Steel industry
Industry Median: 1.01 vs BOM:522273: 0.80

During the past 12 months, Ahmedabad Steelcraft's average Book Value Per Share Growth Rate was -2.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ahmedabad Steelcraft was 45.00% per year. The lowest was -2.30% per year. And the median was 0.20% per year.

Back to Basics: PB Ratio

Ahmedabad Steelcraft PB Ratio Historical Data

The historical data trend for Ahmedabad Steelcraft's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ahmedabad Steelcraft PB Ratio Chart

Ahmedabad Steelcraft Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

Get a 7-Day Free Trial

0.23

0.16

0.23

0.30

0.29

Ahmedabad Steelcraft Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															-	0.29	-	0.42	-

Competitive Comparison of Ahmedabad Steelcraft's PB Ratio

For the Steel subindustry, Ahmedabad Steelcraft's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ahmedabad Steelcraft's PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ahmedabad Steelcraft's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ahmedabad Steelcraft's PB Ratio falls into.

Ahmedabad Steelcraft PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Ahmedabad Steelcraft's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	47.56	/	59.809
	=	0.80

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Ahmedabad Steelcraft (BOM:522273) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Ahmedabad Steelcraft PB Ratio Related Terms

Thank you for viewing the detailed overview of Ahmedabad Steelcraft's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Ahmedabad Steelcraft (BOM:522273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ahmedabad Steelcraft Ltd (BOM:522273) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ambli Bopal Road, 604, North Tower, One-42 Complex, Behind Ashok Vatika, Near Jayantilal Park BRTS, Ahmedabad, GJ, IND, 380 006

Website

http://www.steelcraft.co.in

Ahmedabad Steelcraft Ltd is engaged in the business of trading and exporting of steel windows and door sections. It offers various kinds of mild steel products, such as Sections, Angles, Flats, Flat bars and squares, Rounds, Beams, Channels, and Plates. The products are used in various industries like the steel angles are used in constructions, transmission and telecommunication towers and architectural applications; Steel Flat Bars are versatile product commonly used in fabrication work, for making frames and structures; and whereas the Plates have usages in a wide variety of application in all sectors of the Engineering Industries.

Ahmedabad Steelcraft (BOM:522273) Headlines

No Headlines