Astra Microwave Products Ltd stock PB Ratio (=13.03) is close to 10-year high of 13.36.
The historical rank and industry rank for Astra Microwave Products's PB Ratio or its related term are showing as below:
NSE:ASTRAMICRO'
s PB Ratio Range Over the Past 10 Years
Min: 0.89 Med: 2.76 Max: 13.36
Current: 13.03
During the past 13 years, Astra Microwave Products's highest PB Ratio was 13.36. The lowest was 0.89. And the median was 2.76.
NSE:ASTRAMICRO's PB Ratio is ranked worse than 92.47% of 2416
companies
in the Hardware industry
Industry Median: 2.34
vs NSE:ASTRAMICRO: 13.03
During the past 12 months, Astra Microwave Products's average Book Value Per Share Growth Rate was 19.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 23.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 17.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Astra Microwave Products was 24.00% per year. The lowest was 3.70% per year. And the median was 15.80% per year.
Back to Basics: PB Ratio
Astra Microwave Products (NSE:ASTRAMICRO) 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.
NSE:ASTRAMICRO vs CSCO, CIEN, MSI: PB Ratio Comparison
For the Communication Equipment subindustry, Astra Microwave Products'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.
Astra Microwave Products PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Astra Microwave Products's PB Ratio distribution charts can be found below:
* The bar in red indicates where Astra Microwave Products'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.
Astra Microwave Products (NSE:ASTRAMICRO) has a PB Ratio of 13.03 as of Jul. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Astra Microwave Products and its competitors. This is 372% above median its historical median of 2.76. Over the past decade, Astra Microwave Products' PB Ratio has ranged from 0.89 to 13.36. According to the industry distribution chart, Astra Microwave Products ranks #2234 out of 2416 companies in the Hardware industry, placing it in the top 92.5%.
Is Astra Microwave Products' PB Ratio too high?
Astra Microwave Products' current PB Ratio of 13.03 is 372% above median its 10-year median of 2.76. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 13.36. The Hardware industry median PB Ratio is 2.34. Astra Microwave Products' value of 13.03 is 456.8% above this industry median. Based on the distribution chart, Astra Microwave Products ranks #2234 out of 2416 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Astra Microwave Products has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Astra Microwave Products' PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Astra Microwave Products ranks #2234 out of 2416 companies for PB Ratio. This places Astra Microwave Products in the lower half of its industry. The industry median PB Ratio is 2.34. Astra Microwave Products' value of 13.03 is 456.8% above this benchmark. Historically, Astra Microwave Products' own PB Ratio has ranged from 0.89 to 13.36 over the past decade. While the company's 10-year median is 2.76 vs. the industry median of 2.34, Astra Microwave Products 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 Hardware company?
The median PB Ratio among Hardware companies is 2.34, based on 2,416 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. Astra Microwave Products's current PB Ratio of 13.03 is 456.8% 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 Astra Microwave Products and its competitors. For the Hardware industry, the median PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astra Microwave Products's current PB Ratio is 13.03, which is 372% above median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astra Microwave Products stock overvalued right now?
Based on GuruFocus' analysis, Astra Microwave Products (NSE:ASTRAMICRO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,014.91, compared to a current price of ₹1,803.70 — trading 77.7% above its estimated fair value. The current PB Ratio is 13.03, which is 372% above median its 10-year median of 2.76 and 456.8% above the Hardware industry median of 2.34. Astra Microwave Products' overall GF Score™ is 77/100 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 Astra Microwave Products (NSE:ASTRAMICRO), the current PB Ratio is 13.03 as of Jul. 11, 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 Astra Microwave Products (NSE:ASTRAMICRO) Overvalued in 2026?
Based on GuruFocus' analysis, Astra Microwave Products stock appears to be overvalued.
The current stock price of ₹1,803.70 is trading 77.7% above its estimated GF Value™ of ₹1,014.91.
GuruFocus considers Astra Microwave Products to be Significantly Overvalued.
Key valuation signals for NSE:ASTRAMICRO:
PB Ratio: 13.03 (372% above median its 10-year median of 2.76)
GF Value™: ₹1,014.91 vs. price of ₹1,803.70 (77.7% above fair value)
Industry Position: 456.8% above the Hardware median (#2234 of 2416)
No single metric tells the full story. See the NSE:ASTRAMICRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Astra Microwave Products Ltd is engaged in designing and manufacturing radio frequency (RF) and microwave super components and sub-systems finding applications in defense, space, telecom, meteorology, and civil communication systems. The principal activity of the company is to carry on the business to manufacture, produce, assemble, repair, maintain, importing, export, buy, sell, or otherwise deal in all kinds of electronic items and components.
77GF Score
Get the complete analysis for NSE:ASTRAMICRO
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ASTRAMICRO has been successfully added to your 
