Steel Authority Of India (NSE:SAIL) Price-to-Tangible-Book : (As of May. 17, 2024)

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What is Steel Authority Of India Price-to-Tangible-Book?

As of today (2024-05-17), Steel Authority Of India's share price is ₹163.60. Steel Authority Of India's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Steel Authority Of India's Price to Tangible Book Ratio of today is .

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

NSE:SAIL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.24 Med: 0.66 Max: 1.26
Current: 1.24

During the past 13 years, Steel Authority Of India's highest Price to Tangible Book Ratio was 1.26. The lowest was 0.24. And the median was 0.66.

NSE:SAIL's Price-to-Tangible-Book is ranked worse than
55.89% of 603 companies
in the Steel industry
Industry Median: 1.05 vs NSE:SAIL: 1.24

A closely related ratio is called PB Ratio. As of today, Steel Authority Of India's share price is ₹163.60. Steel Authority Of India's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Steel Authority Of India's P/B Ratio of today is .

Steel Authority Of India Price-to-Tangible-Book Historical Data

The historical data trend for Steel Authority Of India'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.

Steel Authority Of India Price-to-Tangible-Book Chart

Steel Authority Of India Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.58

0.24

0.74

0.77

0.64

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
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	0.64	-	0.71	-

Competitive Comparison of Steel Authority Of India's Price-to-Tangible-Book

For the Steel subindustry, Steel Authority Of India'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.

Steel Authority Of India's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Steel Authority Of India's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Steel Authority Of India's Price-to-Tangible-Book falls into.

Steel Authority Of India Price-to-Tangible-Book Calculation

Steel Authority Of India's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	163.60	/	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.

Steel Authority Of India Price-to-Tangible-Book Related Terms

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

Steel Authority Of India (NSE:SAIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Steel Authority Of India Ltd (NSE:SAIL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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.