APL Apollo Tubes Limited manufactures and sells structural steel tubes and pipes in India. The company offers structural tubes for construction, automotive, machinery, furniture etc. applications; pre galvanized sections of square, rectangular, and circular tubes used for roofing structure; galvanized iron products for industrial and agricultural applications; black round tubes for use in plumbing systems; oval, octagon, and elliptical tubes; ready-made chaukhat, and door and fencing solutions; and triple coated in-line galvanizing tubes, designer galvanized tubes, hybrid tubes, and narrow sections. It also exports its products to approximately 20 countries worldwide. The company was formerly known as Bihar Tubes Limited and changed its name to APL Apollo Tubes Limited in 2010. APL Apollo Tubes Limited was incorporated in 1986 and is headquartered in Ghaziabad, India.
P/B ratio for APL Apollo Tubes Limited (APLAPOLLO.NS)
P/B ratio as of 2023: 11.57
According to APL Apollo Tubes Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 11.57. At the end of 2022 the company had a P/B ratio of 11.12.
P/B ratio history for APL Apollo Tubes Limited from 2006 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 11.57 |
| 2022 | 11.12 |
| 2021 | 10.10 |
| 2020 | 10.30 |
| 2019 | 2.25 |
| 2018 | 3.68 |
| 2017 | 5.78 |
| 2016 | 3.84 |
| 2015 | 2.77 |
| 2014 | 1.99 |
| 2013 | 1.06 |
| 2012 | 1.01 |
| 2011 | 1.23 |
| 2010 | 1.25 |
| 2009 | 1.55 |
| 2008 | 1.78 |
| 2007 | 4.35 |
| 2006 | 19.06 |