Bihar Sponge Iron Ltd
BSE:500058
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
|
Walt Disney Co
NYSE:DIS
|
US |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
US |
P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its Industry Average (2.9), the stock would be worth ₹-13.11 (191% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | -3.1 | ₹14.48 |
0%
|
| Industry Average | 2.9 | ₹-13.11 |
-191%
|
| Country Average | 3.3 | ₹-14.95 |
-203%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| IN |
|
Bihar Sponge Iron Ltd
BSE:500058
|
1.3B INR | -3.1 | 9.7 | |
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
99.5B ZAR | 1.8 | 6.8 | |
| BR |
|
Vale SA
BOVESPA:VALE3
|
365B BRL | 2 | 26.2 | |
| US |
|
Nucor Corp
NYSE:NUE
|
49.2B USD | 2.5 | 29.8 | |
| LU |
|
ArcelorMittal SA
AEX:MT
|
37.5B EUR | 0.8 | 13.7 | |
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
60.9B AUD | 2 | 11.2 | |
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
37.2B EUR | 2.1 | 11.5 | |
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
3.1T INR | 3.8 | 41.8 | |
| US |
|
Steel Dynamics Inc
NASDAQ:STLD
|
32.6B USD | 3.6 | 24 | |
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
2.7T INR | 2.8 | 29.2 | |
| KR |
|
Posco Holdings Inc
KRX:005490
|
31.6T KRW | 0.6 | 48 |
Market Distribution
| Min | 0 |
| 30th Percentile | 2.1 |
| Median | 3.3 |
| 70th Percentile | 5.5 |
| Max | 4 699.1 |
Other Multiples
Bihar Sponge Iron Ltd
Glance View
Bihar Sponge Iron Ltd. engages in the manufacture and sale of sponge iron. The company is headquartered in Kharsawan, Jharkhand. The firm is involved in manufacturing, producing, purchasing, exporting, selling and dealing of pre-reduced form of iron, including sponge iron. The firm produces sponge iron from indigenous iron ore and non-coking coal. The firm's primary product, sponge iron, is a pre-reduced ferrous material, which is used in the place of steel scrap by secondary steel producers operating induction and electric arc furnaces in the construction and infrastructure sectors. The firm has a five mega watt power plant. The firm produces sponge iron from approximately three kilns with an installed capacity of 2.10 lakh metric ton per annum.