Bihar Sponge Iron

Bihar Sponge Iron P/B

The P/B (Price-to-Book Ratio) of Bihar Sponge Iron (500058.BO) as of Oct 29, 2026 is -2.99. In the previous year, P/B (Price-to-Book Ratio) was -2.24 — a change of 33.31% (lower).

P/B

-2.99

YoY

33.31%

Last updated:

P/B (Price-to-Book Ratio) of Bihar Sponge Iron is 2026 -2.99 . P/B (Price-to-Book Ratio) of Bihar Sponge Iron was 2025 -2.24 . It decreases by 33.31% lower compared to the previous year.

The Bihar Sponge Iron P/B history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/B
Date
P/B
Jan 1, 2019
-1.17 INR
Jan 1, 2020
-1.16 INR
Jan 1, 2021
-1.22 INR
Jan 1, 2022
-1.35 INR
Jan 1, 2023
-1.61 INR
Jan 1, 2024
-1.82 INR
Jan 1, 2025
-2.24 INR
Jan 1, 2026
-2.99 INR
The Bihar Sponge Iron P/B history
YEARP/BYoY
-2.99+33.31%
-2.24+22.93%
-1.82+13.35%
-1.61+19.20%
-1.35+10.97%
-1.22+4.74%
-1.16-0.94%
-1.17-0.13%
-1.17-0.14%
-1.18-4.35%
-1.23-7.10%
-1.32-26.09%
-1.79—

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Bihar Sponge Iron Stock analysis

What does Bihar Sponge Iron do? Bihar Sponge Iron Ltd. manufactures and sells sponge iron, a pre-reduced ferrous material used by secondary steel producers in the construction and infrastructure sectors. The company operates three kilns with an annual capacity of 2,10,000 metric tons, producing sponge iron for use as a substitute for steel scrap in induction and electric arc furnaces. Its primary customers are secondary steel producers who rely on sponge iron for their manufacturing processes. The firm's plant is located at Umesh Nagar, Chandil, in district Saraikela Kharsawan, Jamshedpur, where it produces sponge iron from three kilns. The company's product, sponge iron, serves as a key input for steel producers, particularly those operating in the construction and infrastructure industries. Bihar Sponge Iron Ltd. focuses on the production and sale of this pre-reduced iron material without engaging in other business activities. Bihar Sponge Iron is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Bihar Sponge Iron stock

P/B (Price-to-Book Ratio) of Bihar Sponge Iron is -2.99 in 2026.

P/B (Price-to-Book Ratio) of Bihar Sponge Iron changed from -2.24 to -2.99, representing a 33.31% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of P/B (Price-to-Book Ratio) Bihar Sponge Iron since 2006 – with annual values, charts, and detailed analysis.

The Price-to-Book ratio compares a company's market price to its book value. A low P/B may indicate an undervalued stock, while a high P/B could suggest overvaluation or strong growth expectations.

P/B = Stock Price / Book Value per Share

To evaluate P/B (Price-to-Book Ratio)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for P/B (Price-to-Book Ratio).

A 'good' varies by industry and company stage. On Eulerpool, you can compare P/B (Price-to-Book Ratio)'s Bihar Sponge Iron with sector peers and the industry average to assess whether it is attractive.

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Valuation — Bihar Sponge Iron

All Key Metrics — Bihar Sponge Iron