Bajaj Steel Industries (BOM:507944) Price-to-Tangible-Book : (As of May. 16, 2024)

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What is Bajaj Steel Industries Price-to-Tangible-Book?

As of today (2024-05-16), Bajaj Steel Industries's share price is ₹1273.15. Bajaj Steel Industries's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Bajaj Steel Industries's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Bajaj Steel Industries's Price-to-Tangible-Book or its related term are showing as below:

BOM:507944' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.38 Med: 0.78 Max: 2.43
Current: 2.23

During the past 13 years, Bajaj Steel Industries's highest Price to Tangible Book Ratio was 2.43. The lowest was 0.38. And the median was 0.78.

BOM:507944's Price-to-Tangible-Book is ranked worse than
52.86% of 2832 companies
in the Industrial Products industry
Industry Median: 2.12 vs BOM:507944: 2.23

A closely related ratio is called PB Ratio. As of today, Bajaj Steel Industries's share price is ₹1273.15. Bajaj Steel Industries's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Bajaj Steel Industries's P/B Ratio of today is .

Bajaj Steel Industries Price-to-Tangible-Book Historical Data

The historical data trend for Bajaj Steel Industries's Price-to-Tangible-Book 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.

Bajaj Steel Industries Price-to-Tangible-Book Chart

Bajaj Steel Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.78

0.38

1.30

1.60

2.03

Bajaj Steel Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	2.03	-	1.90	-

Competitive Comparison of Bajaj Steel Industries's Price-to-Tangible-Book

For the Specialty Industrial Machinery subindustry, Bajaj Steel Industries's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Bajaj Steel Industries's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bajaj Steel Industries's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Bajaj Steel Industries's Price-to-Tangible-Book falls into.

Bajaj Steel Industries Price-to-Tangible-Book Calculation

Bajaj Steel Industries's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1273.15	/	0
	=

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

Be Aware

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

Bajaj Steel Industries Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Bajaj Steel Industries's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Bajaj Steel Industries (BOM:507944) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bajaj Steel Industries Ltd (BOM:507944) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. C-108, MIDC Industrial Area, Hingna, Nagpur, MH, IND, 440 028

Website

https://www.bajajngp.com

Bajaj Steel Industries Ltd is engaged in the manufacturing of Cotton ginning and Pressing Machineries, Prefabricated building structure, components, and allied products. Its operating segment includes the Steel Division and Plastic Division. The company generates maximum revenue from the Steel Division segment. It manufactures product such as Cotton Ginning and Pressing Machinery, Cotton Cleaning, Cotton Conveying, Cotton Humidification Systems, Cotton Baling Presses, Cotton Seed Processing, Pre-engineered Buildings, Electrical Control Panels, Fire Fighting Systems, Hydraulic Cylinder, Power packs, Specialty Conveyors and Master Batches and others.

Bajaj Steel Industries (BOM:507944) Headlines

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