Riddhi Steel and Tube (BOM:540082) PB Ratio: 3.49 (As of Aug. 25, 2026) — 406% Above Median

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BOM:540082 Riddhi Steel and Tube Ltd BOM:540082
51 GF Score
Price ₹206.20
GF Value ₹86.81
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Riddhi Steel and Tube PB Ratio?

Riddhi Steel and Tube BOM:540082 51 PB Ratio is 3.49 as of Aug. 25, 2026, which is 406% above its 10-year median of 0.69. GuruFocus rates BOM:540082 with a GF Score™ of 51/100 and a GF Value™ of ₹86.81 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 608 Steel companies, Riddhi Steel and Tube ranks worse than 88.49% 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 (2026-08-25), Riddhi Steel and Tube's share price is ₹206.20. Riddhi Steel and Tube's Book Value per Share for the quarter that ended in Mar. 2026 was ₹59.15. Hence, Riddhi Steel and Tube's PB Ratio of today is 3.49.

The historical rank and industry rank for Riddhi Steel and Tube's PB Ratio or its related term are showing as below:

BOM:540082' s PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.69   Max: 5.53
Current: 3.49

During the past 13 years, Riddhi Steel and Tube's highest PB Ratio was 5.53. The lowest was 0.12. And the median was 0.69.

BOM:540082's PB Ratio is ranked worse than
88.49% of 608 companies
in the Steel industry
Industry Median: 0.98 vs BOM:540082: 3.49

During the past 12 months, Riddhi Steel and Tube's average Book Value Per Share Growth Rate was 18.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.20% 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 Riddhi Steel and Tube was 25.30% per year. The lowest was 5.00% per year. And the median was 10.90% per year.

Back to Basics: PB Ratio


Riddhi Steel and Tube  (BOM:540082) 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.


Riddhi Steel and Tube PB Ratio Related Terms


Riddhi Steel and Tube PB Ratio Historical Data

* Premium members only.

The historical data trend for Riddhi Steel and Tube'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.

Riddhi Steel and Tube PB Ratio Chart

Riddhi Steel and Tube 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 0.53 0.74 0.57 1.23 3.01

Riddhi Steel and Tube Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.57 1.44 1.23 1.03 3.01

BOM:540082 vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, Riddhi Steel and Tube'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.


Riddhi Steel and Tube PB Ratio vs Steel Industry

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

* The bar in red indicates where Riddhi Steel and Tube's PB Ratio falls into.


BOM:540082
51GF Score
Riddhi Steel and Tube Ltd BOM:540082
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Riddhi Steel and Tube 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.

Riddhi Steel and Tube's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=206.20/59.149
=3.49

* 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 3.49 mean?
Riddhi Steel and Tube (BOM:540082) has a PB Ratio of 3.49 as of Aug. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Riddhi Steel and Tube and its competitors. This is 406% above median its historical median of 0.69. Over the past decade, Riddhi Steel and Tube's PB Ratio has ranged from 0.12 to 5.53. According to the industry distribution chart, Riddhi Steel and Tube ranks #538 out of 608 companies in the Steel industry, placing it in the top 88.5%.
Is Riddhi Steel and Tube's PB Ratio too high?
Riddhi Steel and Tube's current PB Ratio of 3.49 is 406% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 5.53. The Steel industry median PB Ratio is 0.98. Riddhi Steel and Tube's value of 3.49 is 256.1% above this industry median. Based on the distribution chart, Riddhi Steel and Tube ranks #538 out of 608 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Riddhi Steel and Tube has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riddhi Steel and Tube's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Riddhi Steel and Tube ranks #538 out of 608 companies for PB Ratio. This places Riddhi Steel and Tube in the lower half of its industry. The industry median PB Ratio is 0.98. Riddhi Steel and Tube's value of 3.49 is 256.1% above this benchmark. Historically, Riddhi Steel and Tube's own PB Ratio has ranged from 0.12 to 5.53 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 0.98, Riddhi Steel and Tube 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 0.98, based on 608 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. Riddhi Steel and Tube's current PB Ratio of 3.49 is 256.1% 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 Riddhi Steel and Tube 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. Riddhi Steel and Tube's current PB Ratio is 3.49, which is 406% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riddhi Steel and Tube stock overvalued right now?
Based on GuruFocus' analysis, Riddhi Steel and Tube (BOM:540082) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹86.81, compared to a current price of ₹206.20 — trading 137.5% above its estimated fair value. The current PB Ratio is 3.49, which is 406% above median its 10-year median of 0.69 and 256.1% above the Steel industry median of 0.98. Riddhi Steel and Tube's overall GF Score™ is 51/100 with 1 warning sign 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 Riddhi Steel and Tube (BOM:540082), the current PB Ratio is 3.49 as of Aug. 25, 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 Riddhi Steel and Tube (BOM:540082) Overvalued in 2026?

Based on GuruFocus' analysis, Riddhi Steel and Tube stock appears to be overvalued. The current stock price of ₹206.20 is trading 137.5% above its estimated GF Value™ of ₹86.81. GuruFocus considers Riddhi Steel and Tube to be Significantly Overvalued.

Key valuation signals for BOM:540082:

  • PB Ratio: 3.49 (406% above median its 10-year median of 0.69)
  • GF Value™: ₹86.81 vs. price of ₹206.20 (137.5% above fair value)
  • GF Score™: 51/100 with 1 warning sign
  • Industry Position: 256.1% above the Steel median (#538 of 608)

No single metric tells the full story. See the BOM:540082 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riddhi Steel and Tube Business Description

Address Piplaj Pirana Road, 83/84, Opposite Devraj Industrial Park, Post- Aslali, Village - Kamod, Ahmedabad, GJ, IND, 382427
Riddhi Steel and Tube Ltd is engaged in manufacturing and galvanised steel pipes in various sizes, tubes, and hollow profiles and of tube and pipe fittings of cast iron or cast steel. The product line of the company includes MS Black Pipes, Pre-Galvanised Pipes, and Galvanised Pipes, which are used in agriculture, industry, and construction activities like scaffolding and casing in bore wells; Square and Rectangular Hollow Sections used in engineering applications, Pre-Galvanised Pipes used by various manufacturers. The company generates all of its revenue from Domestic sales.
51GF Score

Get the complete analysis for BOM:540082

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

₹206.20
Price
₹86.81
GF Value