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Primuss Pipes & Tubes (BOM:513291) PB Ratio : 0.14 (As of Jun. 09, 2024)


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What is Primuss Pipes & Tubes 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 (2024-06-09), Primuss Pipes & Tubes's share price is ₹2.68. Primuss Pipes & Tubes's Book Value per Share for the quarter that ended in Dec. 2019 was ₹18.78. Hence, Primuss Pipes & Tubes's PB Ratio of today is 0.14.

The historical rank and industry rank for Primuss Pipes & Tubes's PB Ratio or its related term are showing as below:

BOM:513291's PB Ratio is not ranked *
in the Steel industry.
Industry Median: 0.99
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Primuss Pipes & Tubes PB Ratio Historical Data

The historical data trend for Primuss Pipes & Tubes'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.

Primuss Pipes & Tubes PB Ratio Chart

Primuss Pipes & Tubes Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.04 0.19 0.62

Primuss Pipes & Tubes Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.62 - 0.43 -

Competitive Comparison of Primuss Pipes & Tubes's PB Ratio

For the Steel subindustry, Primuss Pipes & Tubes'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.


Primuss Pipes & Tubes's PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Primuss Pipes & Tubes's PB Ratio distribution charts can be found below:

* The bar in red indicates where Primuss Pipes & Tubes's PB Ratio falls into.



Primuss Pipes & Tubes 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.

Primuss Pipes & Tubes's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2019)
=2.68/18.782
=0.14

* 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.

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

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.


Primuss Pipes & Tubes  (BOM:513291) 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.


Primuss Pipes & Tubes PB Ratio Related Terms

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Primuss Pipes & Tubes (BOM:513291) Business Description

Traded in Other Exchanges
N/A
Address
Arya Nagar, 8/225-A, 2nd Floor, Kanpur, UP, IND, 208 002
Primuss Pipes & Tubes Ltd is engaged in manufacturing iron and steel products including black steel tubes, G.I. steel tubes, steel tubular poles, and PVC pipes. The steel pipes and tubes are used for water pipelines, sewerage system, agriculture and irrigation, industrial water lines and plant piping, whereas the tubular poles are available in a wide range of sizes and can be galvanized, painted, or powder coated and it is used for street light poles, sports, and stadium lighting, highway light poles - single hang and others.

Primuss Pipes & Tubes (BOM:513291) Headlines

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