Shelter Infra Projects (BOM:526839) PB Ratio: 1.27 (As of Sep. 01, 2026) — 17% 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:526839 Shelter Infra Projects Ltd BOM:526839
55 GF Score
Price ₹13.65
GF Value ₹15.96
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Shelter Infra Projects PB Ratio?

Shelter Infra Projects BOM:526839 55 PB Ratio is 1.27 as of Sep. 01, 2026, which is 17% above its 10-year median of 1.09. GuruFocus rates BOM:526839 with a GF Score™ of 55/100 and a GF Value™ of ₹15.96 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,727 Construction companies, Shelter Infra Projects ranks better than 52.06% 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 (2026-09-01), Shelter Infra Projects's share price is ₹13.65. Shelter Infra Projects's Book Value per Share for the quarter that ended in Jun. 2026 was ₹10.74. Hence, Shelter Infra Projects's PB Ratio of today is 1.27.

Good Sign:

Shelter Infra Projects Ltd stock PB Ratio (=1.27) is close to 2-year low of 1.24.

The historical rank and industry rank for Shelter Infra Projects's PB Ratio or its related term are showing as below:

BOM:526839' s PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.09   Max: 1.86
Current: 1.27

During the past 13 years, Shelter Infra Projects's highest PB Ratio was 1.86. The lowest was 0.53. And the median was 1.09.

BOM:526839's PB Ratio is ranked better than
52.06% of 1727 companies
in the Construction industry
Industry Median: 1.34 vs BOM:526839: 1.27

During the past 12 months, Shelter Infra Projects's average Book Value Per Share Growth Rate was -1.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shelter Infra Projects was 2.00% per year. The lowest was -24.40% per year. And the median was -3.00% per year.

Back to Basics: PB Ratio


Shelter Infra Projects  (BOM:526839) 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.


Shelter Infra Projects PB Ratio Related Terms


Shelter Infra Projects PB Ratio Historical Data

* Premium members only.

The historical data trend for Shelter Infra Projects'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.

Shelter Infra Projects PB Ratio Chart

Shelter Infra Projects 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 1.55 0.96 0.96 1.33 1.18

Shelter Infra Projects 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 1.42 0.00 1.18 0.00

BOM:526839 vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, Shelter Infra Projects'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.


Shelter Infra Projects PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Shelter Infra Projects's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shelter Infra Projects's PB Ratio falls into.


BOM:526839
55GF Score
Shelter Infra Projects Ltd BOM:526839
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shelter Infra Projects 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.

Shelter Infra Projects's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=13.65/10.735
=1.27

* 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 1.27 mean?
Shelter Infra Projects (BOM:526839) has a PB Ratio of 1.27 as of Sep. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shelter Infra Projects and its competitors. This is 17% above median its historical median of 1.09. Over the past decade, Shelter Infra Projects' PB Ratio has ranged from 0.53 to 1.86. According to the industry distribution chart, Shelter Infra Projects ranks #828 out of 1727 companies in the Construction industry, placing it in the top 47.9%.
Is Shelter Infra Projects' PB Ratio too high?
Shelter Infra Projects' current PB Ratio of 1.27 is 17% above median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 1.86. The Construction industry median PB Ratio is 1.34. Shelter Infra Projects' value of 1.27 is 5.2% below this industry median. Based on the distribution chart, Shelter Infra Projects ranks #828 out of 1727 companies in the Construction industry, which is above the industry midpoint. Overall, Shelter Infra Projects has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shelter Infra Projects' PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Shelter Infra Projects ranks #828 out of 1727 companies for PB Ratio. This puts Shelter Infra Projects in the upper half of its industry. The industry median PB Ratio is 1.34. Shelter Infra Projects' value of 1.27 is 5.2% below this benchmark. Historically, Shelter Infra Projects' own PB Ratio has ranged from 0.53 to 1.86 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.34, Shelter Infra Projects has consistently been below 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 Construction company?
The median PB Ratio among Construction companies is 1.34, based on 1,727 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. Shelter Infra Projects's current PB Ratio of 1.27 is 5.2% below 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 Shelter Infra Projects and its competitors. For the Construction industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shelter Infra Projects's current PB Ratio is 1.27, which is 17% above median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shelter Infra Projects stock overvalued right now?
Based on GuruFocus' analysis, Shelter Infra Projects (BOM:526839) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹15.96, compared to a current price of ₹13.65 — trading 14.5% below its estimated fair value. The current PB Ratio is 1.27, which is 17% above median its 10-year median of 1.09 and 5.2% below the Construction industry median of 1.34. Shelter Infra Projects' overall GF Score™ is 55/100 with 3 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 Shelter Infra Projects (BOM:526839), the current PB Ratio is 1.27 as of Sep. 01, 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 Shelter Infra Projects (BOM:526839) Overvalued in 2026?

Based on GuruFocus' analysis, Shelter Infra Projects stock appears to be undervalued. The current stock price of ₹13.65 is trading 14.5% below its estimated GF Value™ of ₹15.96. GuruFocus considers Shelter Infra Projects to be Modestly Undervalued.

Key valuation signals for BOM:526839:

  • PB Ratio: 1.27 (17% above median its 10-year median of 1.09)
  • GF Value™: ₹15.96 vs. price of ₹13.65 (14.5% below fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 5.2% below the Construction median (#828 of 1727)

No single metric tells the full story. See the BOM:526839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shelter Infra Projects Business Description

Address Eternity Building, DN-1, Salt Lake City, Sector-V, Kolkata, WB, IND, 700091
Shelter Infra Projects Ltd is engaged in the design and construction of projects related to civil, mechanical, and electrical engineering in India. The company undertakes projects like highway and railway structures, flyovers, tunnels, pipelines, underground storage reservoirs, industrial cooling towers, irrigation structures, and others. It generates maximum revenue from the rental segment.
55GF Score

Get the complete analysis for BOM:526839

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

₹13.65
Price
₹15.96
GF Value