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Mishra Dhatu Nigam Ltd
NSE:MIDHANI

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Mishra Dhatu Nigam Ltd
NSE:MIDHANI
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Price: 383.65 INR 2.05% Market Closed
Market Cap: ₹71.9B

P/B

5
Current
1%
More Expensive
vs 3-y average of 5

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.

P/B
5
=
Market Cap
₹64.6B
/
Total Equity
₹14.4B

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.

P/B
5
=
Market Cap
₹64.6B
/
Total Equity
₹14.4B

Valuation Scenarios

Mishra Dhatu Nigam Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (5), the stock would be worth ₹381.72 (1% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-43%
Maximum Upside
No Upside Scenarios
Average Downside
26%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 5 ₹383.65
0%
3-Year Average 5 ₹381.72
-1%
5-Year Average 3.8 ₹287.73
-25%
Industry Average 2.9 ₹218.16
-43%
Country Average 3.3 ₹248.75
-35%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
IN
Mishra Dhatu Nigam Ltd
NSE:MIDHANI
70.4B INR 5 65.8
ZA
Kumba Iron Ore Ltd
JSE:KIO
99.5B ZAR 1.8 6.8
BR
Vale SA
BOVESPA:VALE3
366.6B BRL 2 26.5
US
Nucor Corp
NYSE:NUE
49B USD 2.4 28.4
LU
ArcelorMittal SA
AEX:MT
38.4B EUR 0.8 14
AU
Fortescue Metals Group Ltd
ASX:FMG
60.9B AUD 2 11.2
AU
Fortescue Ltd
XMUN:FVJ
37B EUR 2.1 11.4
US
Steel Dynamics Inc
NASDAQ:STLD
32.8B USD 3.6 23.8
IN
JSW Steel Ltd
NSE:JSWSTEEL
3.1T INR 3.8 41.8
IN
Tata Steel Ltd
NSE:TATASTEEL
2.6T INR 2.8 29
US
Carpenter Technology Corp
NYSE:CRS
21.3B USD 10.7 48.7

Market Distribution

In line with most companies in India
Percentile
65th
Based on 2 820 companies
65th percentile
5
Low
0 — 2.1
Typical Range
2.1 — 5.5
High
5.5 —
Distribution Statistics
India
Min 0
30th Percentile 2.1
Median 3.3
70th Percentile 5.5
Max 4 699.1

Mishra Dhatu Nigam Ltd
Glance View

Market Cap
71.9B INR
Industry
Metals & Mining

Mishra Dhatu Nigam Ltd. engages in the manufacturing of steel, superalloys and titanium alloys. The company is headquartered in Hyderabad, Telangana. The company went IPO on 2018-04-04. The firm is in the business of manufacturing superalloys and other special metals. Its business includes the manufacture of Other Alloy Steel in semi-finished forms, manufacture of Titanium and Titanium base Alloy and Manufacture of Nickel-based alloy in semi-finished forms. The company offers various products and services such as Other Alloy Steel in semi-finished forms, Special Stainless Steel and superalloys and Titanium and Titanium base Alloys. The company also offers superalloys, titanium and titanium alloys, special steel, other metal and alloys. Its products include long products, flat products, open die forgings and investment casting. Its Special products include Biomedical implants, Fasteners, Armour Products and Welding consumables. The firm also provides testing, evaluation and consultancy services.

MIDHANI Intrinsic Value
219.48 INR
Overvaluation 43%
Intrinsic Value
Price ₹383.65
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