Shahi Shipping (BOM:526508) PB Ratio: 37.75 (As of Jul. 15, 2026) — 1724% 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.
Reviewed by: Charlie Tian Charlie Tian
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:526508 Shahi Shipping Ltd BOM:526508
47 GF Score
Price ₹12.42
GF Value ₹9.43
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Shahi Shipping PB Ratio?

Shahi Shipping BOM:526508 -1.35% 47 PB Ratio is 37.75 as of Jul. 15, 2026, which is 1724% above its 10-year median of 2.07. GuruFocus rates BOM:526508 with a GF Score™ of 47/100 and a GF Value™ of ₹9.43 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 965 Transportation companies, Shahi Shipping ranks worse than 99.79% 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 (2026-07-15), Shahi Shipping's share price is ₹12.42. Shahi Shipping's Book Value per Share for the quarter that ended in Mar. 2026 was ₹0.33. Hence, Shahi Shipping's PB Ratio of today is 37.75.

Warning Sign:

Shahi Shipping Ltd stock PB Ratio (=39.3) is close to 10-year high of 42.74.

The historical rank and industry rank for Shahi Shipping's PB Ratio or its related term are showing as below:

BOM:526508' s PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 2.07   Max: 42.74
Current: 37.75

During the past 13 years, Shahi Shipping's highest PB Ratio was 42.74. The lowest was 0.54. And the median was 2.07.

BOM:526508's PB Ratio is ranked worse than
99.79% of 965 companies
in the Transportation industry
Industry Median: 1.25 vs BOM:526508: 37.75

During the past 12 months, Shahi Shipping's average Book Value Per Share Growth Rate was -79.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -47.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -23.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -26.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shahi Shipping was 25.60% per year. The lowest was -48.60% per year. And the median was -9.90% per year.

Back to Basics: PB Ratio


Shahi Shipping  (BOM:526508) 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.


Shahi Shipping PB Ratio Related Terms


Shahi Shipping PB Ratio Historical Data

* Premium members only.

The historical data trend for Shahi Shipping'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.

Shahi Shipping PB Ratio Chart

Shahi Shipping 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 2.27 2.00 2.86 10.33 39.48

Shahi Shipping 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 10.33 0.00 12.95 0.00 39.48

Shahi Shipping PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Shahi Shipping'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.


Shahi Shipping PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Shahi Shipping's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shahi Shipping's PB Ratio falls into.


BOM:526508
47GF Score
Shahi Shipping Ltd BOM:526508
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shahi Shipping 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.

Shahi Shipping's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=12.42/0.329
=37.75

* 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 37.75 mean?
Shahi Shipping (BOM:526508) has a PB Ratio of 37.75 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shahi Shipping and its competitors. This is 1724% above median its historical median of 2.07. Over the past decade, Shahi Shipping's PB Ratio has ranged from 0.54 to 42.74. According to the industry distribution chart, Shahi Shipping ranks #963 out of 965 companies in the Transportation industry, placing it in the top 99.8%.
Is Shahi Shipping's PB Ratio too high?
Shahi Shipping's current PB Ratio of 37.75 is 1724% above median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 42.74. The Transportation industry median PB Ratio is 1.25. Shahi Shipping's value of 37.75 is 2920% above this industry median. Based on the distribution chart, Shahi Shipping ranks #963 out of 965 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Shahi Shipping has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shahi Shipping's PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Shahi Shipping ranks #963 out of 965 companies for PB Ratio. This places Shahi Shipping in the lower half of its industry. The industry median PB Ratio is 1.25. Shahi Shipping's value of 37.75 is 2920% above this benchmark. Historically, Shahi Shipping's own PB Ratio has ranged from 0.54 to 42.74 over the past decade. While the company's 10-year median is 2.07 vs. the industry median of 1.25, Shahi Shipping 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 Transportation company?
The median PB Ratio among Transportation companies is 1.25, based on 965 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. Shahi Shipping's current PB Ratio of 37.75 is 2920% 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 Shahi Shipping and its competitors. For the Transportation industry, the median PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shahi Shipping's current PB Ratio is 37.75, which is 1724% above median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shahi Shipping stock overvalued right now?
Based on GuruFocus' analysis, Shahi Shipping (BOM:526508) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹9.43, compared to a current price of ₹12.42 — trading 31.7% above its estimated fair value. The current PB Ratio is 37.75, which is 1724% above median its 10-year median of 2.07 and 2920% above the Transportation industry median of 1.25. Shahi Shipping's overall GF Score™ is 47/100 with 4 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 Shahi Shipping (BOM:526508), the current PB Ratio is 37.75 as of Jul. 15, 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 Shahi Shipping (BOM:526508) Overvalued in 2026?

Based on GuruFocus' analysis, Shahi Shipping stock appears to be overvalued. The current stock price of ₹12.42 is trading 31.7% above its estimated GF Value™ of ₹9.43. GuruFocus considers Shahi Shipping to be Significantly Overvalued.

Key valuation signals for BOM:526508:

  • PB Ratio: 37.75 (1724% above median its 10-year median of 2.07)
  • GF Value™: ₹9.43 vs. price of ₹12.42 (31.7% above fair value)
  • GF Score™: 47/100 with 4 warning signs
  • Industry Position: 2920% above the Transportation median (#963 of 965)

No single metric tells the full story. See the BOM:526508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shahi Shipping Business Description

Address Baroda Street, 4th Floor, 404, Abhay Steel House, Carnac bunder, Mumbai, MH, IND, 400050
Shahi Shipping Ltd is in the shipping business. It provides services in the areas of container liquid cargo lighterage operations of petroleum and chemical products, lighterage operations of bulk cargo, tug services for port-related activities, supply of bunkers to vessels, and container feeder service on Indian coasts through its fleet of vessels.
47GF Score

Get the complete analysis for BOM:526508

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

₹12.42
Price
₹9.43
GF Value