Ankit Metal & Power (NSE:ANKITMETAL) ROE % Adjusted to Book Value: 0.00% (As of Dec. 2023)

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NSE:ANKITMETAL Ankit Metal & Power Ltd NSE:ANKITMETAL
4 GF Score
Price ₹1.55
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What is Ankit Metal & Power ROE % Adjusted to Book Value?

Ankit Metal & Power NSE:ANKITMETAL +1.31% 4 ROE % Adjusted to Book Value is 0.00% as of Dec. 2023. GuruFocus rates NSE:ANKITMETAL with a GF Score™ of 4/100.

Ankit Metal & Power's ROE % for the quarter that ended in Dec. 2023 was 0.00%. Ankit Metal & Power's PB Ratio for the quarter that ended in Dec. 2023 was N/A. Ankit Metal & Power's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2023 was N/A.

Ankit Metal & Power ROE % Adjusted to Book Value Related Terms

Ankit Metal & Power ROE % Adjusted to Book Value Historical Data

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The historical data trend for Ankit Metal & Power's ROE % Adjusted to Book Value 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.

Ankit Metal & Power ROE % Adjusted to Book Value Chart

Ankit Metal & Power Annual Data
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ROE % Adjusted to Book Value
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Ankit Metal & Power Quarterly Data
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NSE:ANKITMETAL vs NUE, STLD, RS: ROE % Adjusted to Book Value Comparison

For the Steel subindustry, Ankit Metal & Power's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Ankit Metal & Power ROE % Adjusted to Book Value vs Steel Industry

For the Steel industry and Basic Materials sector, Ankit Metal & Power's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Ankit Metal & Power's ROE % Adjusted to Book Value falls into.


NSE:ANKITMETAL
4GF Score
Ankit Metal & Power Ltd NSE:ANKITMETAL
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Ankit Metal & Power ROE % Adjusted to Book Value Calculation

Ankit Metal & Power's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=0.00% / N/A
=N/A

Ankit Metal & Power's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=0.00% / N/A
=N/A

* 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.

What does a ROE % Adjusted to Book Value of 0.00% mean?
Ankit Metal & Power (NSE:ANKITMETAL) has a ROE % Adjusted to Book Value of 0.00% as of Dec. 2023. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Ankit Metal & Power and its competitors.
Is Ankit Metal & Power's ROE % Adjusted to Book Value too high?
Ankit Metal & Power's current ROE % Adjusted to Book Value is 0.00%. Overall, Ankit Metal & Power has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Ankit Metal & Power's ROE % Adjusted to Book Value compare to NUE and STLD?
Ankit Metal & Power's ROE % Adjusted to Book Value of 0.00% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Steel company?
A good ROE % Adjusted to Book Value depends on the Steel industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Ankit Metal & Power and its competitors. Ankit Metal & Power's current ROE % Adjusted to Book Value is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ankit Metal & Power stock overvalued right now?
Ankit Metal & Power (NSE:ANKITMETAL) has a current ROE % Adjusted to Book Value of 0.00%. The current ROE % Adjusted to Book Value is 0.00%. Ankit Metal & Power's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Ankit Metal & Power (NSE:ANKITMETAL), the current ROE % Adjusted to Book Value is 0.00% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ankit Metal & Power Business Description

Address 132A, S. P. Mukherjee Road, SKP House, Kolkata, WB, IND, 700 026
Ankit Metal & Power Ltd manufactures and sells iron and steel products. Its product portfolio includes Sponge Iron, M.S. Billets, Pig Iron, Ferro Silicon, and others.
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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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