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Western Marine Shipyard Ltd stock PB Ratio (=0.62) is close to 2-year high of 0.68.
The historical rank and industry rank for Western Marine Shipyard's PB Ratio or its related term are showing as below:
DHA:WMSHIPYARD'
s PB Ratio Range Over the Past 10 Years
Min: 0.34 Med: 0.56 Max: 1.2
Current: 0.62
During the past 11 years, Western Marine Shipyard's highest PB Ratio was 1.20. The lowest was 0.34. And the median was 0.56.
DHA:WMSHIPYARD's PB Ratio is ranked better than 96.19% of 341
companies
in the Aerospace & Defense industry
Industry Median: 3.46
vs DHA:WMSHIPYARD: 0.62
During the past 12 months, Western Marine Shipyard's average Book Value Per Share Growth Rate was -2.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -8.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -8.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -2.30% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Western Marine Shipyard was 13.00% per year. The lowest was -11.00% per year. And the median was -3.45% per year.
Back to Basics: PB Ratio
Western Marine Shipyard (DHA:WMSHIPYARD) 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.
* 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.
DHA:WMSHIPYARD vs SPCX, GE, RTX: PB Ratio Comparison
For the Aerospace & Defense subindustry, Western Marine Shipyard'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.
Western Marine Shipyard PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Western Marine Shipyard's PB Ratio distribution charts can be found below:
* The bar in red indicates where Western Marine Shipyard'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.
Western Marine Shipyard (DHA:WMSHIPYARD) has a PB Ratio of 0.62 as of Jul. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Western Marine Shipyard and its competitors. This is 11% above median its historical median of 0.56. Over the past decade, Western Marine Shipyard's PB Ratio has ranged from 0.34 to 1.20. According to the industry distribution chart, Western Marine Shipyard ranks #13 out of 341 companies in the Aerospace & Defense industry, placing it in the top 3.8%.
Is Western Marine Shipyard's PB Ratio too high?
Western Marine Shipyard's current PB Ratio of 0.62 is 11% above median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.20. The Aerospace & Defense industry median PB Ratio is 3.46. Western Marine Shipyard's value of 0.62 is 82.1% below this industry median. Based on the distribution chart, Western Marine Shipyard ranks #13 out of 341 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Western Marine Shipyard has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Marine Shipyard's PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Western Marine Shipyard ranks #13 out of 341 companies for PB Ratio. This places Western Marine Shipyard in the top 4% of its industry — outperforming the majority of peers. The industry median PB Ratio is 3.46. Western Marine Shipyard's value of 0.62 is 82.1% below this benchmark. Historically, Western Marine Shipyard's own PB Ratio has ranged from 0.34 to 1.20 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 3.46, Western Marine Shipyard 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 an Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.46, based on 341 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. Western Marine Shipyard's current PB Ratio of 0.62 is 82.1% 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 Western Marine Shipyard and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Marine Shipyard's current PB Ratio is 0.62, which is 11% above median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Marine Shipyard stock overvalued right now?
Based on GuruFocus' analysis, Western Marine Shipyard (DHA:WMSHIPYARD) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT13.05, compared to a current price of BDT10.00 — trading 23.4% below its estimated fair value. The current PB Ratio is 0.62, which is 11% above median its 10-year median of 0.56 and 82.1% below the Aerospace & Defense industry median of 3.46. Western Marine Shipyard's overall GF Score™ is 76/100 with 8 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 Western Marine Shipyard (DHA:WMSHIPYARD), the current PB Ratio is 0.62 as of Jul. 19, 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 Western Marine Shipyard (DHA:WMSHIPYARD) Overvalued in 2026?
Based on GuruFocus' analysis, Western Marine Shipyard stock appears to be undervalued.
The current stock price of BDT10.00 is trading 23.4% below its estimated GF Value™ of BDT13.05.
GuruFocus considers Western Marine Shipyard to be Modestly Undervalued.
Key valuation signals for DHA:WMSHIPYARD:
PB Ratio: 0.62 (11% above median its 10-year median of 0.56)
GF Value™: BDT13.05 vs. price of BDT10.00 (23.4% below fair value)
Industry Position: 82.1% below the Aerospace & Defense median (#13 of 341)
No single metric tells the full story. See the DHA:WMSHIPYARD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Marine Shipyard Ltd is a public limited company engaged in shipbuilding and related marine engineering activities and operates as an export-oriented shipyard in Bangladesh. The Company specializes in the construction of various vessels, including multi-purpose cargo ships, inland container vessels, inland tankers, passenger ships, Ro-Ro ferries, port utility vessels, tugs, offshore petroleum vessels, fishing trawlers, barges, dredgers, and landing crafts. Its activities mainly comprise new shipbuilding for domestic use and for export markets, supported by in-house ship design facilities and shipyard operations. The Company operates in Bangladesh and has exported vessels to countries such as Germany, Norway, Ecuador, New Zealand, and Kenya, as well as serving domestic clients.
76GF Score
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