Shree Steel WireRope Stock Price Analysis and Quick Research Report. Is Shree Steel WireRope 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 Shree Steel WireRope.
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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). Shree Steel WireRope has a PE ratio of -11.5714818962299 which is low and comparatively undervalued.
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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. Shree Steel WireRope has ROA of -1.7178% 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. Shree Steel WireRope has a Current ratio of 8.6898.
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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. Shree Steel WireRope has a ROE of -1.8991%. (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. Shree Steel WireRope has a Debt to Equity ratio of 0 which means that the company has low proportion of debt in its capital.
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Sales growth: Shree Steel WireRope has reported revenue growth of 13.6702% 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 Shree Steel WireRope for the current financial year is -1.11674588730057%.
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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 Shree Steel WireRope is Rs 0 and the yield is 0%.
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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 Shree Steel WireRope is Rs -1.8753. The higher the EPS, the better it is for investors.
One can find all the Financial Ratios of Shree Steel WireRope in Ticker for free. Also, one can get the intrinsic value of Shree Steel WireRope by using Valuation Calculators, which are available with a Finology ONE subscription.
Shree Steel WireRope FAQs
Q1. What is Shree Steel WireRope share price today?
Ans: The current share price of Shree Steel WireRope is Rs 21.7.
Q2. What is the market capitalisation of Shree Steel WireRope?
Ans: Shree Steel WireRope has a market capitalisation of Rs 7.1859333 Cr., calculated based on its latest share price.
Q3. What are the P/E and P/B ratios of Shree Steel WireRope?
Ans: The PE ratio of Shree Steel WireRope is -11.5714818962299 and the P/B ratio of Shree Steel WireRope is 0.562477805455257, showing how the stock is valued against its earnings and book value.
Q4. What is the 52-week high and low of Shree Steel WireRope share?
Ans: The 52-week high share price of Shree Steel WireRope is Rs 34.87, and the 52-week low share price of Shree Steel WireRope is Rs 16.6.
Q5. Does Shree Steel WireRope pay dividends?
Ans: Currently, Shree Steel WireRope does not pay dividends. Dividend yield of Shree Steel WireRope is around 0%.
Q6. What are the face value and book value of Shree Steel WireRope shares?
Ans: The face value of Shree Steel WireRope shares is Rs 10, while the book value per share of Shree Steel WireRope is around Rs 38.5793. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.
Q7. What is the debt of Shree Steel WireRope?
Ans: Shree Steel WireRope has a total debt of Rs 0 Cr., which affects investor sentiment and financial stability.
Q8. What are the ROE and ROCE of Shree Steel WireRope?
Ans: The ROE of Shree Steel WireRope is -1.8991% and ROCE of Shree Steel WireRope is -2.4939%. 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 Shree Steel WireRope a good buy for the long term?
Ans: The Shree Steel WireRope 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 Shree Steel WireRope undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the Shree Steel WireRope appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.
Q11. How to check Shree Steel WireRope’s financials?
Ans: You can review Shree Steel WireRope’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.