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Steel Exchange IndiaBOM:534748 +1.31%58 PB Ratio is 1.92 as of Jul. 27, 2026, which is 14% above its 10-year median of 1.69. GuruFocus rates BOM:534748 with a GF Score™ of 58/100 and a GF Value™ of ₹9.22 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 610 Steel companies, Steel Exchange India ranks worse than 76.89% on this metric.
The historical rank and industry rank for Steel Exchange India's PB Ratio or its related term are showing as below:
BOM:534748'
s PB Ratio Range Over the Past 10 Years
Min: 0.57 Med: 1.69 Max: 4.67
Current: 1.92
During the past 13 years, Steel Exchange India's highest PB Ratio was 4.67. The lowest was 0.57. And the median was 1.69.
BOM:534748's PB Ratio is ranked worse than 76.89% of 610
companies
in the Steel industry
Industry Median: 0.97
vs BOM:534748: 1.92
During the past 12 months, Steel Exchange India's average Book Value Per Share Growth Rate was 2.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Steel Exchange India was 66.80% per year. The lowest was -41.50% per year. And the median was 13.70% per year.
Back to Basics: PB Ratio
Steel Exchange India (BOM:534748) PB Ratio Explanation
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.
Steel Exchange India PB Ratio Related Terms
Steel Exchange India PB Ratio Historical Data
* Premium members only.
The historical data trend for Steel Exchange 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.
For the Steel subindustry, Steel Exchange 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.
Steel Exchange India PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Steel Exchange India's PB Ratio distribution charts can be found below:
* The bar in red indicates where Steel Exchange India'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.
* 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.
Steel Exchange India (BOM:534748) has a PB Ratio of 1.92 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Steel Exchange India and its competitors. This is 14% above median its historical median of 1.69. Over the past decade, Steel Exchange India's PB Ratio has ranged from 0.57 to 4.67. According to the industry distribution chart, Steel Exchange India ranks #469 out of 610 companies in the Steel industry, placing it in the top 76.9%.
Is Steel Exchange India's PB Ratio too high?
Steel Exchange India's current PB Ratio of 1.92 is 14% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 4.67. The Steel industry median PB Ratio is 0.97. Steel Exchange India's value of 1.92 is 97.9% above this industry median. Based on the distribution chart, Steel Exchange India ranks #469 out of 610 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Steel Exchange India has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Exchange India's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Steel Exchange India ranks #469 out of 610 companies for PB Ratio. This places Steel Exchange India in the lower half of its industry. The industry median PB Ratio is 0.97. Steel Exchange India's value of 1.92 is 97.9% above this benchmark. Historically, Steel Exchange India's own PB Ratio has ranged from 0.57 to 4.67 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 0.97, Steel Exchange 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 a Steel company?
The median PB Ratio among Steel companies is 0.97, based on 610 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. Steel Exchange India's current PB Ratio of 1.92 is 97.9% 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 Steel Exchange India and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Exchange India's current PB Ratio is 1.92, which is 14% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Exchange India stock overvalued right now?
Based on GuruFocus' analysis, Steel Exchange India (BOM:534748) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹9.22, compared to a current price of ₹11.57 — trading 25.5% above its estimated fair value. The current PB Ratio is 1.92, which is 14% above median its 10-year median of 1.69 and 97.9% above the Steel industry median of 0.97. Steel Exchange India's overall GF Score™ is 58/100 with 5 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 Steel Exchange India (BOM:534748), the current PB Ratio is 1.92 as of Jul. 27, 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 Steel Exchange India (BOM:534748) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Exchange India stock appears to be overvalued.
The current stock price of ₹11.57 is trading 25.5% above its estimated GF Value™ of ₹9.22.
GuruFocus considers Steel Exchange India to be Modestly Overvalued.
Key valuation signals for BOM:534748:
PB Ratio: 1.92 (14% above median its 10-year median of 1.69)
GF Value™: ₹9.22 vs. price of ₹11.57 (25.5% above fair value)
Industry Position: 97.9% above the Steel median (#469 of 610)
No single metric tells the full story. See the BOM:534748 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Exchange India Ltd is engaged in the business of manufacturing and marketing iron and steel products. The company operates in the Iron and Steel and Power segment. The division also deals with the products manufactured by the company, namely TMT bars, Sponge Iron, and Steel billet, and is marketed in some of the coastal regions. The company generates the majority of its revenue from the Iron and steel segment.
58GF Score
Get the complete analysis for BOM:534748
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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