Bajaj Steel Inds. Stock Price Analysis and Quick Research Report. Is Bajaj Steel Inds. an attractive stock to invest in?
Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.
Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements.
Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Bajaj Steel Inds..
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PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Bajaj Steel Inds. has a PE ratio of 21.2411236800602 which is high and comparatively overvalued.
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Return on Assets (ROA): Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Bajaj Steel Inds. has ROA of 14.3265% which is a bad sign for future performance. (Higher values are always desirable.)
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Current ratio: The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Bajaj Steel Inds. has a Current ratio of 1.9574.
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Return on equity: ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Bajaj Steel Inds. has a ROE of 23.097%. (Higher is better)
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Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. Bajaj Steel Inds. has a Debt to Equity ratio of 0.166 which means that the company has low proportion of debt in its capital.
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Sales growth: Bajaj Steel Inds. has reported revenue growth of 8.2947% which is poor in relation to its growth and performance.
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Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of Bajaj Steel Inds. for the current financial year is 15.4334705927242%.
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Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Bajaj Steel Inds. is Rs 1 and the yield is 0.1877%.
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Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Bajaj Steel Inds. is Rs 24.9822. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Bajaj Steel Inds. in Ticker for free. Also, one can get the intrinsic value of Bajaj Steel Inds. by using Valuation Calculators, which are available with a Finology ONE subscription.
Bajaj Steel Inds. FAQs
Q1. What is Bajaj Steel Inds. share price today?
Ans: The current share price of Bajaj Steel Inds. is Rs 530.65.
Q2. What is the market capitalisation of Bajaj Steel Inds.?
Ans: Bajaj Steel Inds. has a market capitalisation of Rs 1103.752 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Bajaj Steel Inds.?
Ans: The PE ratio of Bajaj Steel Inds. is 21.2411236800602 and the P/B ratio of Bajaj Steel Inds. is 2.96970137893983, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Bajaj Steel Inds. share?
Ans: The 52-week high share price of Bajaj Steel Inds. is Rs 988, and the 52-week low share price of Bajaj Steel Inds. is Rs 451.45.
Q5. Does Bajaj Steel Inds. pay dividends?
Ans: Currently, Bajaj Steel Inds. pays dividends. Dividend yield of Bajaj Steel Inds. is around 0.1877%.
Q6. What are the face value and book value of Bajaj Steel Inds. shares?
Ans: The face value of Bajaj Steel Inds. shares is Rs 5, while the book value per share of Bajaj Steel Inds. is around Rs 178.688. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Bajaj Steel Inds.?
Ans: Bajaj Steel Inds. has a total debt of Rs 60.8824 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Bajaj Steel Inds.?
Ans: The ROE of Bajaj Steel Inds. is 23.097% and ROCE of Bajaj Steel Inds. is 27.0351%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.
Q9. Is Bajaj Steel Inds. a good buy for the long term?
Ans: The Bajaj Steel Inds. long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.
Q10. Is Bajaj Steel Inds. undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Bajaj Steel Inds. appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Bajaj Steel Inds.’s financials?
Ans: You can review Bajaj Steel Inds.’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.