Zenith Steel Pipes & Industries P/B Ratio
Current P/B Ratio
-0.32
Low Valuation
Very Low - Significant discount to book value, potential distress or value opportunity
Zenith Steel Pipes & Industries (ZENITHSTL) P/B ratio is -0.32 (Low), book value per share ₹-18.10 vs Industrial Products average P/B of -1.9 — Very Low - Significant discount to book value, potential distress or value opportunity. Compare with ZENITHSTL stock valuation models to assess whether the stock is under or overvalued.
Current Valuation Metrics
P/B Ratio
-0.32
Current Price
₹6.39
Book Value/Share
₹-18.10
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹-257 Cr
Share Capital
₹142 Cr
Reserves & Surplus
₹-399 Cr
Outstanding Shares
142,000,000
Book Value per Share
₹-18.10
Valuation Signal
Signal
Undervalued
Sector Context
Sector Average
-1.9
Sector Median
-0.27
Sector Rank
#11 of 50
Sector Percentile
22.0%
ZENITHSTL P/B Ratio — Valuation Insights & Book Value Analysis
Zenith Steel Pipes & Industries price-to-book ratio interpretation, valuation status and historical context — current P/B -0.32 (Low). View ZENITHSTL price range for the annual high/low range and current price position.
- Stock appears undervalued with PB of -0.32, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Trading at premium to sector average PB of -1.9
ZENITHSTL vs Industrial Products Peers — P/B Ratio Comparison
Zenith Steel Pipes & Industries P/B -0.32 vs Industrial Products average -1.9, median -0.27 — range -13.96–0.4.
Sector Average
-1.9
Sector Median
-0.27
Lowest P/B
-13.96
Highest P/B
0.4
Companies
50
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mahalaxmi Seamless | MAHALXSE | -13.96 | ₹4 | Low |
| Shah Alloys | SHAHALLOYS | -13.32 | ₹144 | Low |
| Cochin Malabar Estates | COCHMAL | -11.49 | ₹24 | Low |
| TPINDIA | TPINDIA | -8.28 | ₹92 | Low |
| Electrotherm | ELECTHERM | -6.41 | ₹966 | Low |
| Heera Ispat | HEERAISP | -5.94 | ₹5 | Low |
| Mahip Industries | MAHIP | -5.46 | ₹45 | Low |
| Nova Iron & Steel | NOVIS | -4.44 | ₹45 | Low |
| Mukat Pipes | MUKATPIP | -3.45 | ₹25 | Low |
| MSR India | MSRINDIA | -2.9 | ₹31 | Low |