According to Steel Authority of India's latest financial reports the company has a price-to-book ratio of 1.21.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Year | P/B ratio | Change |
---|---|---|
2023-12-31 | 0.9107 | 46.38% |
2022-12-31 | 0.6222 | -25.31% |
2021-12-31 | 0.8330 | 9.53% |
2020-12-31 | 0.7605 | 70.31% |
2019-12-31 | 0.4465 | |
2012-12-31 | 0.8631 | 7.79% |
2011-12-31 | 0.8007 | -62.1% |
2010-12-31 | 2.11 | -44.75% |
2009-12-31 | 3.82 |