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Vardhman Special Steels (BOM:534392) Price-to-Tangible-Book : 3.71 (As of Jun. 23, 2024)


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What is Vardhman Special Steels Price-to-Tangible-Book?

As of today (2024-06-23), Vardhman Special Steels's share price is ₹327.40. Vardhman Special Steels's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹88.30. Hence, Vardhman Special Steels's Price to Tangible Book Ratio of today is 3.71.

The historical rank and industry rank for Vardhman Special Steels's Price-to-Tangible-Book or its related term are showing as below:

BOM:534392' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.34   Med: 1.3   Max: 3.71
Current: 3.71

During the past 13 years, Vardhman Special Steels's highest Price to Tangible Book Ratio was 3.71. The lowest was 0.34. And the median was 1.30.

BOM:534392's Price-to-Tangible-Book is ranked worse than
89.57% of 604 companies
in the Steel industry
Industry Median: 1.03 vs BOM:534392: 3.71

A closely related ratio is called PB Ratio. As of today, Vardhman Special Steels's share price is ₹327.40. Vardhman Special Steels's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹88.31. Hence, Vardhman Special Steels's P/B Ratio of today is 3.71.


Vardhman Special Steels Price-to-Tangible-Book Historical Data

The historical data trend for Vardhman Special Steels'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.

Vardhman Special Steels Price-to-Tangible-Book Chart

Vardhman Special Steels Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 1.22 1.67 2.52 2.40

Vardhman Special Steels Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 2.52 - 2.52 - 2.40

Competitive Comparison of Vardhman Special Steels's Price-to-Tangible-Book

For the Steel subindustry, Vardhman Special Steels'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.


Vardhman Special Steels's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Vardhman Special Steels's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Vardhman Special Steels's Price-to-Tangible-Book falls into.



Vardhman Special Steels Price-to-Tangible-Book Calculation

Vardhman Special Steels's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=327.40/88.303
=3.71

* 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 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.


Vardhman Special Steels Price-to-Tangible-Book Related Terms

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


Vardhman Special Steels (BOM:534392) Business Description

Traded in Other Exchanges
Address
Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141 010
Vardhman Special Steels Ltd is engaged in manufacturing steel bars and rods. The company caters to diverse requirements of hot-rolled bars for Engineering, Automotive, Tractor, Bearing and Allied Industries. Its products include Carbon steel, Carbon manganese steel, Chrome steel, Chrome manganese steel, Chrome moly steel, Boron steel, Vanadium steel, and Ball bearing steel. The company manufactures products using techniques such as Steel melting, Rolling Mill, Heat treatment and Bright bar shop. It generates a majority of its revenue from the sale of black bars. The company's operations are mainly located within India.

Vardhman Special Steels (BOM:534392) Headlines

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