D & H India (BOM:517514) PB Ratio: 2.23 (As of Aug. 23, 2026) — 272% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:517514 D & H India Ltd BOM:517514
72 GF Score
Price ₹169.45
GF Value ₹184.43
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is D & H India PB Ratio?

D & H India BOM:517514 -1.17% 72 PB Ratio is 2.23 as of Aug. 23, 2026, which is 272% above its 10-year median of 0.60. GuruFocus rates BOM:517514 with a GF Score™ of 72/100 and a GF Value™ of ₹184.43 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,990 Industrial Products companies, D & H India ranks worse than 50.87% 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 (2026-08-23), D & H India's share price is ₹169.45. D & H India's Book Value per Share for the quarter that ended in Jun. 2026 was ₹76.14. Hence, D & H India's PB Ratio of today is 2.23.

Good Sign:

D & H India Ltd stock PB Ratio (=2.23) is close to 2-year low of 2.17.

The historical rank and industry rank for D & H India's PB Ratio or its related term are showing as below:

BOM:517514' s PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.6   Max: 4.08
Current: 2.23

During the past 13 years, D & H India's highest PB Ratio was 4.08. The lowest was 0.32. And the median was 0.60.

BOM:517514's PB Ratio is ranked worse than
50.87% of 2990 companies
in the Industrial Products industry
Industry Median: 2.18 vs BOM:517514: 2.23

During the past 12 months, D & H India's average Book Value Per Share Growth Rate was 42.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of D & H India was 19.20% per year. The lowest was -1.10% per year. And the median was 6.00% per year.

Back to Basics: PB Ratio


D & H India  (BOM:517514) 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.


D & H India PB Ratio Related Terms


D & H India PB Ratio Historical Data

* Premium members only.

The historical data trend for D & H India'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.

D & H India PB Ratio Chart

D & H India 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 0.62 1.11 1.78 3.51 3.86

D & H India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 2.76 0.00 3.86 0.00

BOM:517514 vs SNA, RBC, SWK: PB Ratio Comparison

For the Tools & Accessories subindustry, D & H India'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.


D & H India PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, D & H India's PB Ratio distribution charts can be found below:

* The bar in red indicates where D & H India's PB Ratio falls into.


BOM:517514
72GF Score
D & H India Ltd BOM:517514
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

D & H India 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.

D & H India's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=169.45/76.135
=2.23

* 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 2.23 mean?
D & H India (BOM:517514) has a PB Ratio of 2.23 as of Aug. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on D & H India and its competitors. This is 272% above median its historical median of 0.60. Over the past decade, D & H India's PB Ratio has ranged from 0.32 to 4.08. According to the industry distribution chart, D & H India ranks #1521 out of 2990 companies in the Industrial Products industry, placing it in the top 50.9%.
Is D & H India's PB Ratio too high?
D & H India's current PB Ratio of 2.23 is 272% above median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 4.08. The Industrial Products industry median PB Ratio is 2.18. D & H India's value of 2.23 is 2.3% above this industry median. Based on the distribution chart, D & H India ranks #1521 out of 2990 companies in the Industrial Products industry, which is below the industry midpoint. Overall, D & H India has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does D & H India's PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, D & H India ranks #1521 out of 2990 companies for PB Ratio. This places D & H India in the lower half of its industry. The industry median PB Ratio is 2.18. D & H India's value of 2.23 is 2.3% above this benchmark. Historically, D & H India's own PB Ratio has ranged from 0.32 to 4.08 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 2.18, D & H India 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.18, based on 2,990 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. D & H India's current PB Ratio of 2.23 is 2.3% 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 D & H India and its competitors. For the Industrial Products industry, the median PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D & H India's current PB Ratio is 2.23, which is 272% above median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D & H India stock overvalued right now?
Based on GuruFocus' analysis, D & H India (BOM:517514) is currently considered Fairly Valued. The stock's GF Value™ is ₹184.43, compared to a current price of ₹169.45 — trading 8.1% below its estimated fair value. The current PB Ratio is 2.23, which is 272% above median its 10-year median of 0.60 and 2.3% above the Industrial Products industry median of 2.18. D & H India's overall GF Score™ is 72/100 with 1 warning sign 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 D & H India (BOM:517514), the current PB Ratio is 2.23 as of Aug. 23, 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 D & H India (BOM:517514) Overvalued in 2026?

Based on GuruFocus' analysis, D & H India stock appears to be undervalued. The current stock price of ₹169.45 is trading 8.1% below its estimated GF Value™ of ₹184.43. GuruFocus considers D & H India to be Fairly Valued.

Key valuation signals for BOM:517514:

  • PB Ratio: 2.23 (272% above median its 10-year median of 0.60)
  • GF Value™: ₹184.43 vs. price of ₹169.45 (8.1% below fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 2.3% above the Industrial Products median (#1521 of 2990)

No single metric tells the full story. See the BOM:517514 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


D & H India Business Description

Address Sanwer Road, Plot A, Sector A, Industrial Area, Indore, MP, IND, 452 015
D & H India Ltd is engaged in the manufacturing and dealing of welding electrodes. The company is engaged in dealing in Welding Electrodes & Consumables, CO2 Wire, SAW Wire, M Core Wire, Flux Powder, Flux Cored Wire, Stainless Steel Wire & other similar activities. The company has manufacturing plants in India and sales in India. The segment of the company consists of manufacturing and sale of the Welding Consumable and Metallurgical Cored Wire, which is mainly used in infrastructure projects, thermal power plants, steel, metal, cement, and others. It generates the majority of its revenue from the Welding Consumables segment.
72GF Score

Get the complete analysis for BOM:517514

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

₹169.45
Price
₹184.43
GF Value