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Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) PB Ratio : 0.62 (As of May. 14, 2024)


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What is Bangladesh Steel Re-Rolling Mills 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 (2024-05-14), Bangladesh Steel Re-Rolling Mills's share price is BDT90.00. Bangladesh Steel Re-Rolling Mills's Book Value per Share for the quarter that ended in Dec. 2023 was BDT144.22. Hence, Bangladesh Steel Re-Rolling Mills's PB Ratio of today is 0.62.

Good Sign:

Bangladesh Steel Re-Rolling Mills Ltd stock PB Ratio (=0.62) is close to 3-year low of 0.62

The historical rank and industry rank for Bangladesh Steel Re-Rolling Mills's PB Ratio or its related term are showing as below:

DHA:BSRMLTD' s PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.78   Max: 3.72
Current: 0.62

During the past 10 years, Bangladesh Steel Re-Rolling Mills's highest PB Ratio was 3.72. The lowest was 0.49. And the median was 0.78.

DHA:BSRMLTD's PB Ratio is ranked better than
71.66% of 607 companies
in the Steel industry
Industry Median: 1.01 vs DHA:BSRMLTD: 0.62

During the past 12 months, Bangladesh Steel Re-Rolling Mills's average Book Value Per Share Growth Rate was 13.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.50% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Bangladesh Steel Re-Rolling Mills was 30.70% per year. The lowest was 8.90% per year. And the median was 12.00% per year.

Back to Basics: PB Ratio


Bangladesh Steel Re-Rolling Mills PB Ratio Historical Data

The historical data trend for Bangladesh Steel Re-Rolling Mills'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.

Bangladesh Steel Re-Rolling Mills PB Ratio Chart

Bangladesh Steel Re-Rolling Mills Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.54 0.68 0.74 0.64

Bangladesh Steel Re-Rolling Mills 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 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 0.71 0.68 0.64 0.63 0.62

Competitive Comparison of Bangladesh Steel Re-Rolling Mills's PB Ratio

For the Steel subindustry, Bangladesh Steel Re-Rolling Mills'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.


Bangladesh Steel Re-Rolling Mills's PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bangladesh Steel Re-Rolling Mills's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bangladesh Steel Re-Rolling Mills's PB Ratio falls into.



Bangladesh Steel Re-Rolling Mills 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.

Bangladesh Steel Re-Rolling Mills's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=90.00/144.219
=0.62

* 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.


Bangladesh Steel Re-Rolling Mills  (DHA:BSRMLTD) 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.


Bangladesh Steel Re-Rolling Mills PB Ratio Related Terms

Thank you for viewing the detailed overview of Bangladesh Steel Re-Rolling Mills's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) Business Description

Traded in Other Exchanges
N/A
Address
1207/1099 Sadarghat Road, Ali Mansion, Chattogram, BGD, 4000
Bangladesh Steel Re-Rolling Mills Ltd is a Bangladesh-based steel manufacturing company. The company also deals in the sale of M.S. products like angle, channel, I Beam, H Beam, MS plate, and others. Its steel products are used inside Buildings, Bridges, and National Infrastructures. The company's products consists of XTREME 500W, XTREME 500W-STIRRUP, XTREME 500W-BEND CUT, MS SQUARE BAR, M.S ANGEL-MANUFACTURED, RIBBED WIRE ROD. The company generates the majority of its revenue from XTREME 500W sales.

Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) Headlines

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