SAL Steel

SAL Steel P/B

The P/B (Price-to-Book Ratio) of SAL Steel (SALSTEEL.NS) as of Oct 16, 2026 is 10.84. In the previous year, P/B (Price-to-Book Ratio) was 9.98 — a change of 8.54% (higher).

P/B

10.84

YoY

8.54%

Last updated:

P/B (Price-to-Book Ratio) of SAL Steel is 2025 10.84 . P/B (Price-to-Book Ratio) of SAL Steel was 2024 9.98 . It decreases by 8.54% higher compared to the previous year.

The SAL Steel P/B history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/B
Date
P/B
Jan 1, 2018
110.68 INR
Jan 1, 2019
-333.53 INR
Jan 1, 2020
28.82 INR
Jan 1, 2021
16.04 INR
Jan 1, 2022
11.09 INR
Jan 1, 2023
10.10 INR
Jan 1, 2024
9.98 INR
Jan 1, 2025
10.84 INR
The SAL Steel P/B history
YEARP/BYoY
10.84+8.54%
9.98-1.18%
10.10-8.89%
11.09-30.84%
16.04-44.36%
28.82-108.64%
-333.53-401.36%
110.68-1,122.19%
-10.83-9.45%
-11.96-81.97%
-66.31-1,206.86%
5.99—

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SAL Steel Stock analysis

What does SAL Steel do? SAL Steel Ltd, listed on the National Stock Exchange of India with ticker SALSTEEL.NS and ISIN INE658G01014, is a company operating in the Materials sector within the Metals & Mining industry. Headquartered in Gandhinagar, Gujarat, the company was incorporated and went public through an IPO on November 26, 2004. SAL Steel Ltd is situated near Kandla Port in Gujarat, Western India, where it conducts its manufacturing operations. The company produces direct reduced iron, also known as sponge iron, ferro alloys, iron ore pellets, and various finished steel products. Additionally, it operates a 40-megawatt power plant that utilizes waste heat recovery and fluidized bed combustion technologies to generate electricity. This power is primarily used for the company's internal operations, with any surplus power sold to external customers. The company's website is http://www.salsteel.co.in/. SAL Steel Ltd focuses on the production and marketing of its products within the Indian market, leveraging its strategic location near Kandla Port for logistics and supply chain efficiency. SAL Steel is one of the most popular companies on Eulerpool.

Frequently Asked Questions about SAL Steel stock

P/B (Price-to-Book Ratio) of SAL Steel is 10.84 in 2025.

P/B (Price-to-Book Ratio) of SAL Steel changed from 9.98 to 10.84, representing a 8.54% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of P/B (Price-to-Book Ratio) SAL Steel 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 SAL Steel with sector peers and the industry average to assess whether it is attractive.

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Valuation — SAL Steel

All Key Metrics — SAL Steel