Mahamaya Steel Industries (BOM:513554) PB Ratio: 8.54 (As of Jul. 29, 2026) — 578% Above Median

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BOM:513554 Mahamaya Steel Industries Ltd BOM:513554
51 GF Score
Price ₹824.95
GF Value ₹247.73
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Mahamaya Steel Industries PB Ratio?

Mahamaya Steel Industries BOM:513554 +9.77% 51 PB Ratio is 8.54 as of Jul. 29, 2026, which is 578% above its 10-year median of 1.26. GuruFocus rates BOM:513554 with a GF Score™ of 51/100 and a GF Value™ of ₹247.73 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 611 Steel companies, Mahamaya Steel Industries ranks worse than 97.05% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-29), Mahamaya Steel Industries's share price is ₹824.95. Mahamaya Steel Industries's Book Value per Share for the quarter that ended in Mar. 2026 was ₹96.60. Hence, Mahamaya Steel Industries's PB Ratio of today is 8.54.

The historical rank and industry rank for Mahamaya Steel Industries's PB Ratio or its related term are showing as below:

BOM:513554' s PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.26   Max: 9.82
Current: 8.54

During the past 13 years, Mahamaya Steel Industries's highest PB Ratio was 9.82. The lowest was 0.61. And the median was 1.26.

BOM:513554's PB Ratio is ranked worse than
97.05% of 611 companies
in the Steel industry
Industry Median: 0.96 vs BOM:513554: 8.54

During the past 12 months, Mahamaya Steel Industries's average Book Value Per Share Growth Rate was 6.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mahamaya Steel Industries was 15.30% per year. The lowest was -11.20% per year. And the median was 3.80% per year.

Back to Basics: PB Ratio


Mahamaya Steel Industries  (BOM:513554) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Mahamaya Steel Industries PB Ratio Related Terms


Mahamaya Steel Industries PB Ratio Historical Data

* Premium members only.

The historical data trend for Mahamaya Steel Industries's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mahamaya Steel Industries PB Ratio Chart

Mahamaya Steel Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.61 1.17 2.99 9.83

Mahamaya Steel Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.99 0.00 4.48 0.00 9.83

BOM:513554 vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, Mahamaya Steel Industries's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mahamaya Steel Industries PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Mahamaya Steel Industries's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mahamaya Steel Industries's PB Ratio falls into.


BOM:513554
51GF Score
Mahamaya Steel Industries Ltd BOM:513554
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahamaya Steel Industries PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Mahamaya Steel Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=824.95/96.597
=8.54

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 8.54 mean?
Mahamaya Steel Industries (BOM:513554) has a PB Ratio of 8.54 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Mahamaya Steel Industries and its competitors. This is 578% above median its historical median of 1.26. Over the past decade, Mahamaya Steel Industries' PB Ratio has ranged from 0.61 to 9.82. According to the industry distribution chart, Mahamaya Steel Industries ranks #593 out of 611 companies in the Steel industry, placing it in the top 97.1%.
Is Mahamaya Steel Industries' PB Ratio too high?
Mahamaya Steel Industries' current PB Ratio of 8.54 is 578% above median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 9.82. The Steel industry median PB Ratio is 0.96. Mahamaya Steel Industries' value of 8.54 is 789.6% above this industry median. Based on the distribution chart, Mahamaya Steel Industries ranks #593 out of 611 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Mahamaya Steel Industries has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mahamaya Steel Industries' PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mahamaya Steel Industries ranks #593 out of 611 companies for PB Ratio. This places Mahamaya Steel Industries in the lower half of its industry. The industry median PB Ratio is 0.96. Mahamaya Steel Industries' value of 8.54 is 789.6% above this benchmark. Historically, Mahamaya Steel Industries' own PB Ratio has ranged from 0.61 to 9.82 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 0.96, Mahamaya Steel Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Steel company?
The median PB Ratio among Steel companies is 0.96, based on 611 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mahamaya Steel Industries's current PB Ratio of 8.54 is 789.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Mahamaya Steel Industries and its competitors. For the Steel industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahamaya Steel Industries's current PB Ratio is 8.54, which is 578% above median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahamaya Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Mahamaya Steel Industries (BOM:513554) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹247.73, compared to a current price of ₹824.95 — trading 233% above its estimated fair value. The current PB Ratio is 8.54, which is 578% above median its 10-year median of 1.26 and 789.6% above the Steel industry median of 0.96. Mahamaya Steel Industries' overall GF Score™ is 51/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Mahamaya Steel Industries (BOM:513554), the current PB Ratio is 8.54 as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mahamaya Steel Industries (BOM:513554) Overvalued in 2026?

Based on GuruFocus' analysis, Mahamaya Steel Industries stock appears to be overvalued. The current stock price of ₹824.95 is trading 233% above its estimated GF Value™ of ₹247.73. GuruFocus considers Mahamaya Steel Industries to be Significantly Overvalued.

Key valuation signals for BOM:513554:

  • PB Ratio: 8.54 (578% above median its 10-year median of 1.26)
  • GF Value™: ₹247.73 vs. price of ₹824.95 (233% above fair value)
  • GF Score™: 51/100 with 2 warning signs
  • Industry Position: 789.6% above the Steel median (#593 of 611)

No single metric tells the full story. See the BOM:513554 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mahamaya Steel Industries Business Description

Other Exchanges MAHASTEEL:India
Address B/8-9, Sector - C, Urla Industrial Area, Sarora, Raipur, CT, IND, 493 221
Mahamaya Steel Industries Ltd is engaged in the manufacturing of steel structures in the shape of angles, beams, joists, channels, rounds, flats, and railway sleepers among others. It has high-capacity structural rolling mills with full-fledged supportive SMS.
51GF Score

Get the complete analysis for BOM:513554

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹824.95
Price
₹247.73
GF Value