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Garg FurnaceBOM:530615 -4.29%65 PB Ratio is 0.92 as of Aug. 14, 2026, which is 12% below its 10-year median of 1.05. GuruFocus rates BOM:530615 with a GF Score™ of 65/100 and a GF Value™ of ₹177.17 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 609 Steel companies, Garg Furnace ranks better than 53.69% 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 (2026-08-14), Garg Furnace's share price is ₹133.80. Garg Furnace's Book Value per Share for the quarter that ended in Mar. 2026 was ₹145.43. Hence, Garg Furnace's PB Ratio of today is 0.92.
The historical rank and industry rank for Garg Furnace's PB Ratio or its related term are showing as below:
BOM:530615'
s PB Ratio Range Over the Past 10 Years
Min: 0.3 Med: 1.05 Max: 5.21
Current: 0.92
During the past 13 years, Garg Furnace's highest PB Ratio was 5.21. The lowest was 0.30. And the median was 1.05.
BOM:530615's PB Ratio is ranked better than 53.69% of 609
companies
in the Steel industry
Industry Median: 0.98
vs BOM:530615: 0.92
During the past 12 months, Garg Furnace's average Book Value Per Share Growth Rate was 17.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 41.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 49.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 24.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Garg Furnace was 71.00% per year. The lowest was -48.50% per year. And the median was 4.60% per year.
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.
Garg Furnace PB Ratio Related Terms
Garg Furnace PB Ratio Historical Data
* Premium members only.
The historical data trend for Garg Furnace'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.
For the Steel subindustry, Garg Furnace'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.
Garg Furnace PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Garg Furnace's PB Ratio distribution charts can be found below:
* The bar in red indicates where Garg Furnace's PB Ratio falls into.
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.
Garg Furnace's PB Ratio for today is calculated as follows:
* 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.
Garg Furnace (BOM:530615) has a PB Ratio of 0.92 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Garg Furnace and its competitors. This is 12% below median its historical median of 1.05. Over the past decade, Garg Furnace's PB Ratio has ranged from 0.30 to 5.21. According to the industry distribution chart, Garg Furnace ranks #282 out of 609 companies in the Steel industry, placing it in the top 46.3%.
Is Garg Furnace's PB Ratio too high?
Garg Furnace's current PB Ratio of 0.92 is 12% below median its 10-year median of 1.05. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 5.21. The Steel industry median PB Ratio is 0.98. Garg Furnace's value of 0.92 is 6.1% below this industry median. Based on the distribution chart, Garg Furnace ranks #282 out of 609 companies in the Steel industry, which is above the industry midpoint. Overall, Garg Furnace has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garg Furnace's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Garg Furnace ranks #282 out of 609 companies for PB Ratio. This puts Garg Furnace in the upper half of its industry. The industry median PB Ratio is 0.98. Garg Furnace's value of 0.92 is 6.1% below this benchmark. Historically, Garg Furnace's own PB Ratio has ranged from 0.30 to 5.21 over the past decade. While the company's 10-year median is 1.05 vs. the industry median of 0.98, Garg Furnace 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 Steel company?
The median PB Ratio among Steel companies is 0.98, based on 609 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. Garg Furnace's current PB Ratio of 0.92 is 6.1% 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 Garg Furnace and its competitors. For the Steel industry, the median PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garg Furnace's current PB Ratio is 0.92, which is 12% below median its own 10-year median of 1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garg Furnace stock overvalued right now?
Based on GuruFocus' analysis, Garg Furnace (BOM:530615) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹177.17, compared to a current price of ₹133.80 — trading 24.5% below its estimated fair value. The current PB Ratio is 0.92, which is 12% below median its 10-year median of 1.05 and 6.1% below the Steel industry median of 0.98. Garg Furnace's overall GF Score™ is 65/100 with 6 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 Garg Furnace (BOM:530615), the current PB Ratio is 0.92 as of Aug. 14, 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 Garg Furnace (BOM:530615) Overvalued in 2026?
Based on GuruFocus' analysis, Garg Furnace stock appears to be undervalued.
The current stock price of ₹133.80 is trading 24.5% below its estimated GF Value™ of ₹177.17.
GuruFocus considers Garg Furnace to be Modestly Undervalued.
Key valuation signals for BOM:530615:
PB Ratio: 0.92 (12% below median its 10-year median of 1.05)
GF Value™: ₹177.17 vs. price of ₹133.80 (24.5% below fair value)
Industry Position: 6.1% below the Steel median (#282 of 609)
No single metric tells the full story. See the BOM:530615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garg Furnace Ltd is an India-based company. It is engaged in the manufacturing and trading of alloy and non-alloy steel ingots, wire rods, wire round, mig wire, and casting of iron products. The company operates in a single reportable segment which is the business of manufacturing of Iron and Steel Products such as M.S. Round Ingot, Wire Rod, etc. Geographically, it operates only in India.
65GF Score
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