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MSP Steel & Power Ltd
NSE:MSPL

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MSP Steel & Power Ltd
NSE:MSPL
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Price: 34.9 INR 1.28% Market Closed
Market Cap: ₹19.8B

P/B

2.2
Current
23%
More Expensive
vs 3-y average of 1.8

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
2.2
=
Market Cap
₹16.6B
/
Total Equity
₹9.1B

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
2.2
=
Market Cap
₹16.6B
/
Total Equity
₹9.1B

Valuation Scenarios

MSP Steel & Power Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (1.8), the stock would be worth ₹28.44 (19% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-53%
Maximum Upside
+50%
Average Upside
2%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.2 ₹34.9
0%
3-Year Average 1.8 ₹28.44
-19%
5-Year Average 1 ₹16.3
-53%
Industry Average 2.9 ₹45.9
+32%
Country Average 3.3 ₹52.33
+50%

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
MSP Steel & Power Ltd
NSE:MSPL
19.8B INR 2.2 -23.2
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
49.2B USD 2.3 28.3
LU
ArcelorMittal SA
AEX:MT
38.3B EUR 0.8 14
AU
Fortescue Metals Group Ltd
ASX:FMG
60.9B AUD 2 11.1
AU
Fortescue Ltd
XMUN:FVJ
37.2B EUR 2.1 11.5
US
Steel Dynamics Inc
NASDAQ:STLD
32.6B USD 3.6 23.7
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 48.9

Market Distribution

In line with most companies in India
Percentile
32st
Based on 2 820 companies
32st percentile
2.2
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

MSP Steel & Power Ltd
Glance View

Market Cap
19.8B INR
Industry
Metals & Mining

MSP Steel & Power Ltd. engages in the manufacture and marketing of iron and steel products. The company is headquartered in Kolkata, West Bengal. The company went IPO on 2005-07-24. The firm has a manufacturing plant in Raigarh, Chhattisgarh, and India. The company is engaged in the manufacturing of steel and steel products. The firm also rolls steel at its rolling and structure mills to produce value-added rolled long products. The firm has beneficiation and pellet manufacturing facilities. The company offers various products such as TMT, which manufactures the next-gen TMT bars for constructions - bridges, dams, highways, real estate, and power plants; structural steel offers the products such as Grade of material and Size Tolerance/Weight Tolerance; ferroalloys produce quality Ferro Manganese and Silico Manganese, used as inputs for steel making; billets offers Prime Non-Alloy Mild Steel Billets (MS Billets); Sponge Iron plant uses a grade of iron ore and coal, and pellets provide captive and commercial use for iron ores.

MSPL Intrinsic Value
34.81 INR
Fairly Valued
Intrinsic Value
Price ₹34.9
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