Simplex Casting P/B Ratio

SIMPLEXCAS • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
7.05
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 7.05
Current Price ₹468.95
Book Value/Share ₹75.00
Exchange BSE

Book Value Breakdown (2021)

Balance Sheet Components
Total Equity ₹45 Cr
Share Capital ₹6 Cr
Reserves & Surplus ₹39 Cr
Outstanding Shares 6,000,000
Book Value per Share ₹75.00

Valuation Signal

Signal Overvalued
Historical Avg 0.38
Historical Range 0.26 - 0.59
Percentile 100.0%

Sector Context

Sector Average -1.92
Sector Median -0.4
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Simplex Casting

  • Stock appears overvalued with PB of 7.05, trading at significant premium to book value
  • Trading at high premium to book value - indicates strong growth expectations or asset-light business model
  • Current PB is 1755.3% above historical average
  • Trading at premium to sector average PB of -1.92

View the current stock price of Simplex Casting for more insights.

P/B Ratio Historical Trend for Simplex Casting

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2021 0.59 ₹75.0 ₹44.15 ₹45 Low
2020 0.26 ₹73.33 ₹19.20 ₹44 Low
2019 0.29 ₹125.0 ₹36.45 ₹75 Low

Sector P/B Ratio Comparison

Comparing Simplex Casting with other companies in Industrial Products sector
Sector Average
-1.92
Sector Median
-0.4
Lowest P/B
-16.74
Highest P/B
0.45
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Mahalaxmi Seamless MAHALXSE -16.74 ₹4 Low
Cochin Malabar Estates COCHMAL -13.94 ₹26 Low
Shah Alloys SHAHALLOYS -13.51 ₹135 Low
Electrotherm ELECTHERM -6.88 ₹1,160 Low
Heera Ispat HEERAISP -5.91 ₹5 Low
TPINDIA TPINDIA -4.91 ₹69 Low
Mahip Industries MAHIP -4.28 ₹7 Low
Nova Iron & Steel NOVIS -4.16 ₹49 Low
Promact Impex PROMACT -3.16 ₹7 Low
Ashiana Ispat ASHIS -2.81 ₹23 Low