Tata Steel Price To Book vs. Market Capitalization
| TTST Stock | USD 17.10 0.10 0.59% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.4 | 0.4 |
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| Operating Profit Margin | 0.0513 | 0.054 |
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For Tata Steel profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tata Steel to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tata Steel Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tata Steel's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tata Steel Limited over time as well as its relative position and ranking within its peers.
Tata |
Tata Steel Limited Market Capitalization vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tata Steel's current stock value. Our valuation model uses many indicators to compare Tata Steel value to that of its competitors to determine the firm's financial worth. Tata Steel Limited is rated third in price to book category among its peers. It is rated second in market capitalization category among its peers creating about 10,776,382,609 of Market Capitalization per Price To Book. At this time, Tata Steel's Market Cap is quite stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tata Steel's earnings, one of the primary drivers of an investment's value.Tata Market Capitalization vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Tata Steel |
| = | 1.94 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Tata Steel |
| = | 20.93 B |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Tata Market Capitalization vs Competition
Tata Steel Limited is rated second in market capitalization category among its peers. Market capitalization of Materials industry is at this time estimated at about 69.05 Billion. Tata Steel totals roughly 20.93 Billion in market capitalization claiming about 30% of all equities under Materials industry.
Tata Steel Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tata Steel, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tata Steel will eventually generate negative long term returns. The profitability progress is the general direction of Tata Steel's change in net profit over the period of time. It can combine multiple indicators of Tata Steel, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | -70.4 B | -73.9 B | |
| Operating Income | 104.7 B | 99.4 B | |
| Net Loss | -49.1 B | -46.6 B | |
| Income Before Tax | -11.5 B | -10.9 B | |
| Net Income Applicable To Common Shares | 100.7 B | 148.3 B | |
| Net Loss | -44.4 B | -42.2 B | |
| Income Tax Expense | 116.8 B | 122.7 B | |
| Interest Income | 4.7 B | 4.1 B | |
| Change To Netincome | 83.9 B | 44.8 B | |
| Net Loss | (3.62) | (3.44) | |
| Income Quality | (4.57) | (4.35) | |
| Net Income Per E B T | 3.87 | 4.06 |
Tata Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tata Steel. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Tata Steel position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Tata Steel's important profitability drivers and their relationship over time.
Use Tata Steel in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tata Steel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tata Steel will appreciate offsetting losses from the drop in the long position's value.Tata Steel Pair Trading
Tata Steel Limited Pair Trading Analysis
The ability to find closely correlated positions to Tata Steel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tata Steel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tata Steel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tata Steel Limited to buy it.
The correlation of Tata Steel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tata Steel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tata Steel Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tata Steel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Tata Steel position
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Other Information on Investing in Tata Stock
To fully project Tata Steel's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tata Steel Limited at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Tata Steel's income statement, its balance sheet, and the statement of cash flows.