GPH Ispat (DHA:GPHISPAT) PB Ratio: 0.38 (As of Aug. 02, 2026) — 78% 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.

DHA:GPHISPAT GPH Ispat Ltd DHA:GPHISPAT
91 GF Score
Price BDT19.50
GF Value BDT18.42
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is GPH Ispat PB Ratio?

GPH Ispat DHA:GPHISPAT +0.52% 91 PB Ratio is 0.38 as of Aug. 02, 2026, which is 78% below its 10-year median of 1.72. GuruFocus rates DHA:GPHISPAT with a GF Score™ of 91/100 and a GF Value™ of BDT18.42 (Fairly Valued). The stock has 7 warning signs investors should review. Among 611 Steel companies, GPH Ispat ranks better than 83.63% 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), GPH Ispat's share price is BDT19.50. GPH Ispat's Book Value per Share for the quarter that ended in Mar. 2026 was BDT51.44. Hence, GPH Ispat's PB Ratio of today is 0.38.

Warning Sign:

GPH Ispat Ltd stock PB Ratio (=0.37) is close to 1-year high of 0.41.

The historical rank and industry rank for GPH Ispat's PB Ratio or its related term are showing as below:

DHA:GPHISPAT' s PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.72   Max: 3.07
Current: 0.39

During the past 12 years, GPH Ispat's highest PB Ratio was 3.07. The lowest was 0.30. And the median was 1.72.

DHA:GPHISPAT's PB Ratio is ranked better than
83.63% of 611 companies
in the Steel industry
Industry Median: 0.96 vs DHA:GPHISPAT: 0.39

During the past 12 months, GPH Ispat's average Book Value Per Share Growth Rate was -2.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 25.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 32.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 27.30% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of GPH Ispat was 56.10% per year. The lowest was 8.50% per year. And the median was 25.80% per year.

Back to Basics: PB Ratio


GPH Ispat  (DHA:GPHISPAT) 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.


GPH Ispat PB Ratio Related Terms


GPH Ispat PB Ratio Historical Data

* Premium members only.

The historical data trend for GPH Ispat'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.

GPH Ispat PB Ratio Chart

GPH Ispat Annual Data
Trend Apr15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 1.84 0.84 0.52 0.34

GPH Ispat 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 0.41 0.34 0.39 0.31 0.32

DHA:GPHISPAT vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, GPH Ispat'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.


GPH Ispat PB Ratio vs Steel Industry

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

* The bar in red indicates where GPH Ispat's PB Ratio falls into.


DHA:GPHISPAT
91GF Score
GPH Ispat Ltd DHA:GPHISPAT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GPH Ispat 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.

GPH Ispat's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=19.50/51.44
=0.38

* 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 0.38 mean?
GPH Ispat (DHA:GPHISPAT) has a PB Ratio of 0.38 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 GPH Ispat and its competitors. This is 78% below median its historical median of 1.72. Over the past decade, GPH Ispat's PB Ratio has ranged from 0.30 to 3.07. According to the industry distribution chart, GPH Ispat ranks #100 out of 611 companies in the Steel industry, placing it in the top 16.4%.
Is GPH Ispat's PB Ratio too high?
GPH Ispat's current PB Ratio of 0.38 is 78% below median its 10-year median of 1.72. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 3.07. The Steel industry median PB Ratio is 0.96. GPH Ispat's value of 0.38 is 60.4% below this industry median. Based on the distribution chart, GPH Ispat ranks #100 out of 611 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, GPH Ispat has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GPH Ispat's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, GPH Ispat ranks #100 out of 611 companies for PB Ratio. This places GPH Ispat in the top 16% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.96. GPH Ispat's value of 0.38 is 60.4% below this benchmark. Historically, GPH Ispat's own PB Ratio has ranged from 0.30 to 3.07 over the past decade. While the company's 10-year median is 1.72 vs. the industry median of 0.96, GPH Ispat 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 0.96, 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. GPH Ispat's current PB Ratio of 0.38 is 60.4% 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 GPH Ispat 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. GPH Ispat's current PB Ratio is 0.38, which is 78% below median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GPH Ispat stock overvalued right now?
Based on GuruFocus' analysis, GPH Ispat (DHA:GPHISPAT) is currently considered Fairly Valued. The stock's GF Value™ is BDT18.42, compared to a current price of BDT19.50 — trading 5.9% above its estimated fair value. The current PB Ratio is 0.38, which is 78% below median its 10-year median of 1.72 and 60.4% below the Steel industry median of 0.96. GPH Ispat's overall GF Score™ is 91/100 with 7 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 GPH Ispat (DHA:GPHISPAT), the current PB Ratio is 0.38 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 GPH Ispat (DHA:GPHISPAT) Overvalued in 2026?

Based on GuruFocus' analysis, GPH Ispat stock appears to be overvalued. The current stock price of BDT19.50 is trading 5.9% above its estimated GF Value™ of BDT18.42. GuruFocus considers GPH Ispat to be Fairly Valued.

Key valuation signals for DHA:GPHISPAT:

  • PB Ratio: 0.38 (78% below median its 10-year median of 1.72)
  • GF Value™: BDT18.42 vs. price of BDT19.50 (5.9% above fair value)
  • GF Score™: 91/100 with 7 warning signs
  • Industry Position: 60.4% below the Steel median (#100 of 611)

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


GPH Ispat Business Description

Address Masjiddah, Kumira, Sitakunda, Chattogram, BGD, 4314
GPH Ispat Ltd is engaged in the manufacturing and trading of iron products and steel. It also produces low and medium carbon and low alloy steel billets. The company products include Billet and Rebar which include Deformed bar, Hot rolled ribbed bars, and Plain bar.
91GF Score

Get the complete analysis for DHA:GPHISPAT

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

BDT19.50
Price
BDT18.42
GF Value