Steel Authority Of India (Steel Authority Of India) PB Ratio : 0.24 (As of Apr. 27, 2024)

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What is Steel Authority Of India 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 (2024-04-27), Steel Authority Of India's share price is $1.20. Steel Authority Of India's Book Value per Share for the quarter that ended in Dec. 2023 was $4.90. Hence, Steel Authority Of India's PB Ratio of today is 0.24.

The historical rank and industry rank for Steel Authority Of India's PB Ratio or its related term are showing as below:

SAUKF' s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.62 Max: 1.31
Current: 1.08

During the past 13 years, Steel Authority Of India's highest PB Ratio was 1.31. The lowest was 0.22. And the median was 0.62.

SAUKF's PB Ratio is ranked worse than
54.28% of 608 companies
in the Steel industry
Industry Median: 1 vs SAUKF: 1.08

During the past 12 months, Steel Authority Of India's average Book Value Per Share Growth Rate was 3.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Steel Authority Of India was 51.60% per year. The lowest was -6.10% per year. And the median was 7.30% per year.

Back to Basics: PB Ratio

Steel Authority Of India PB Ratio Historical Data

The historical data trend for Steel Authority Of India'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.

Steel Authority Of India PB Ratio Chart

Steel Authority Of India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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0.29

0.30

0.26

0.23

0.25

Steel Authority Of India 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															-	0.25	-	0.24	-

Competitive Comparison of Steel Authority Of India's PB Ratio

For the Steel subindustry, Steel Authority Of India'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.

Steel Authority Of India's PB Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Steel Authority Of India's PB Ratio falls into.

Steel Authority Of India 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.

Steel Authority Of India's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1.20	/	4.898
	=	0.24

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.

Steel Authority Of India (OTCPK:SAUKF) 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.

Steel Authority Of India PB Ratio Related Terms

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Steel Authority Of India (Steel Authority Of India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Steel Authority Of India Ltd (OTCPK:SAUKF) » Definitions » PB Ratio

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Traded in Other Exchanges

SAIL:India 500113:India

Address

Lodi Road, Ispat Bhawan, New Delhi, IND, 110003

Website

https://www.sail.co.in

Steel Authority Of India Ltd is a steelmaker. The company primarily produces flat steel products (including plates, sheets, coils, and galvanized plain), long steel products (rails, structural, wire rods, and merchant products), electric-resistance-welded pipes, and silicon steel sheets. Flat and long products account for the majority of the company's sales. The company runs five integrated steel plants and three alloy steel plants. It generates most of its revenue from the Indian domestic market.