Modern Steels P/B Ratio
Modern Steels (MDRNSTL) P/B ratio is 1.03 (Moderate), book value per share ₹12.86 vs Industrial Products average P/B of -1.93 — Moderate - Reasonably valued relative to book value. Compare with MDRNSTL fair value to assess whether the stock is under or overvalued.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
MDRNSTL P/B Ratio — Valuation Insights & Book Value Analysis
Modern Steels price-to-book ratio interpretation, valuation status and historical context — current P/B 1.03 (Moderate). For live price, earnings yield and the full fundamental profile, see Modern Steels share price today.
- Current PB is 47.9% below historical average
- Trading at premium to sector average PB of -1.93
Modern Steels P/B Ratio Historical Trend
MDRNSTL annual price-to-book ratio — 3 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. View Modern Steels 52-week for the annual high/low range and current price position.
MDRNSTL Historical P/B Ratio — Book Value Per Share & Year-End Price
Modern Steels annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 1.21 | ₹12.86 | ₹15.55 | ₹18 | Moderate |
| 2024 | 2.02 | ₹9.29 | ₹18.77 | ₹13 | Moderate |
| 2023 | 2.7 | ₹9.29 | ₹25.09 | ₹13 | Moderate |
MDRNSTL vs Industrial Products Peers — P/B Ratio Comparison
Modern Steels P/B 1.03 vs Industrial Products average -1.93, median -0.34 — range -15.32–0.38.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mahalaxmi Seamless | MAHALXSE | -15.32 | ₹4 | Low |
| Shah Alloys | SHAHALLOYS | -13.12 | ₹134 | Low |
| Cochin Malabar Estates | COCHMAL | -12.76 | ₹26 | Low |
| TPINDIA | TPINDIA | -6.61 | ₹77 | Low |
| Electrotherm | ELECTHERM | -6.03 | ₹909 | Low |
| Heera Ispat | HEERAISP | -5.7 | ₹4 | Low |
| Mahip Industries | MAHIP | -5.55 | ₹47 | Low |
| Nova Iron & Steel | NOVIS | -4.38 | ₹43 | Low |
| Mukat Pipes | MUKATPIP | -3.09 | ₹21 | Low |
| MSR India | MSRINDIA | -2.9 | ₹31 | Low |