Bharat Wire Ropes (BOM:539799) PB Ratio: 1.66 (As of Aug. 02, 2026) — 39% Below 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:539799 Bharat Wire Ropes Ltd BOM:539799
83 GF Score
Price ₹196.65
GF Value ₹211.80
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Bharat Wire Ropes PB Ratio?

Bharat Wire Ropes BOM:539799 -0.35% 83 PB Ratio is 1.66 as of Aug. 02, 2026, which is 39% below its 10-year median of 2.72. GuruFocus rates BOM:539799 with a GF Score™ of 83/100 and a GF Value™ of ₹211.80 (Fairly Valued). The stock has 4 warning signs investors should review. Among 611 Steel companies, Bharat Wire Ropes ranks worse than 73.65% 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 (2026-08-02), Bharat Wire Ropes's share price is ₹196.65. Bharat Wire Ropes's Book Value per Share for the quarter that ended in Mar. 2026 was ₹118.22. Hence, Bharat Wire Ropes's PB Ratio of today is 1.66.

The historical rank and industry rank for Bharat Wire Ropes's PB Ratio or its related term are showing as below:

BOM:539799' s PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 2.72   Max: 19.12
Current: 1.69

During the past 13 years, Bharat Wire Ropes's highest PB Ratio was 19.12. The lowest was 0.78. And the median was 2.72.

BOM:539799's PB Ratio is ranked worse than
73.65% of 611 companies
in the Steel industry
Industry Median: 0.96 vs BOM:539799: 1.69

During the past 12 months, Bharat Wire Ropes's average Book Value Per Share Growth Rate was 128.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 65.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 69.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bharat Wire Ropes was 69.50% per year. The lowest was -35.90% per year. And the median was 10.00% per year.

Back to Basics: PB Ratio


Bharat Wire Ropes  (BOM:539799) 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.


Bharat Wire Ropes PB Ratio Related Terms


Bharat Wire Ropes PB Ratio Historical Data

* Premium members only.

The historical data trend for Bharat Wire Ropes'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.

Bharat Wire Ropes PB Ratio Chart

Bharat Wire Ropes 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 6.29 5.93 6.74 3.73 1.33

Bharat Wire Ropes 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 3.73 0.00 1.51 0.00 1.33

BOM:539799 vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, Bharat Wire Ropes'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.


Bharat Wire Ropes PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Bharat Wire Ropes's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bharat Wire Ropes's PB Ratio falls into.


BOM:539799
83GF Score
Bharat Wire Ropes Ltd BOM:539799
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bharat Wire Ropes 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.

Bharat Wire Ropes's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=196.65/118.223
=1.66

* 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 1.66 mean?
Bharat Wire Ropes (BOM:539799) has a PB Ratio of 1.66 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bharat Wire Ropes and its competitors. This is 39% below median its historical median of 2.72. Over the past decade, Bharat Wire Ropes' PB Ratio has ranged from 0.78 to 19.12. According to the industry distribution chart, Bharat Wire Ropes ranks #450 out of 611 companies in the Steel industry, placing it in the top 73.6%.
Is Bharat Wire Ropes' PB Ratio too high?
Bharat Wire Ropes' current PB Ratio of 1.66 is 39% below median its 10-year median of 2.72. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 19.12. The Steel industry median PB Ratio is 0.96. Bharat Wire Ropes' value of 1.66 is 72.9% above this industry median. Based on the distribution chart, Bharat Wire Ropes ranks #450 out of 611 companies in the Steel industry, which is below the industry midpoint. Overall, Bharat Wire Ropes has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharat Wire Ropes' PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Bharat Wire Ropes ranks #450 out of 611 companies for PB Ratio. This places Bharat Wire Ropes in the lower half of its industry. The industry median PB Ratio is 0.96. Bharat Wire Ropes' value of 1.66 is 72.9% above this benchmark. Historically, Bharat Wire Ropes' own PB Ratio has ranged from 0.78 to 19.12 over the past decade. While the company's 10-year median is 2.72 vs. the industry median of 0.96, Bharat Wire Ropes 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 0.96, based on 611 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. Bharat Wire Ropes's current PB Ratio of 1.66 is 72.9% 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 Bharat Wire Ropes and its competitors. For the Steel industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Wire Ropes's current PB Ratio is 1.66, which is 39% below median its own 10-year median of 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Wire Ropes stock overvalued right now?
Based on GuruFocus' analysis, Bharat Wire Ropes (BOM:539799) is currently considered Fairly Valued. The stock's GF Value™ is ₹211.80, compared to a current price of ₹196.65 — trading 7.2% below its estimated fair value. The current PB Ratio is 1.66, which is 39% below median its 10-year median of 2.72 and 72.9% above the Steel industry median of 0.96. Bharat Wire Ropes' overall GF Score™ is 83/100 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 Bharat Wire Ropes (BOM:539799), the current PB Ratio is 1.66 as of Aug. 02, 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 Bharat Wire Ropes (BOM:539799) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Wire Ropes stock appears to be undervalued. The current stock price of ₹196.65 is trading 7.2% below its estimated GF Value™ of ₹211.80. GuruFocus considers Bharat Wire Ropes to be Fairly Valued.

Key valuation signals for BOM:539799:

  • PB Ratio: 1.66 (39% below median its 10-year median of 2.72)
  • GF Value™: ₹211.80 vs. price of ₹196.65 (7.2% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 72.9% above the Steel median (#450 of 611)

No single metric tells the full story. See the BOM:539799 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bharat Wire Ropes Business Description

Other Exchanges BHARATWIRE:India
Address Senapati Bapat Marg, 10th Floor, Times Tower, Kamla Mills Compound, Lower Parel, Mumbai, MH, IND, 400013
Bharat Wire Ropes Ltd manufactures steel wire ropes, wire strands, and wire rope slings. The company produces mechanically spliced slings, hand-spliced slings, earth wires, stay wires, guy wires, and spiral strands. The company also produces general-purpose ropes, fishing ropes, crane ropes, structural ropes, elevator ropes, mining ropes, oil and gas ropes, and shipping ropes. The firm caters to industries including oil and gas, mining, fishing, ports and marine, elevator, power, transmission, railways, construction, infrastructure, defense, and crane manufacturers. The company serves clients around the world.
83GF Score

Get the complete analysis for BOM:539799

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

₹196.65
Price
₹211.80
GF Value