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Chaman MetallicsNSE:CMNL -4.51%61 PB Ratio is 2.50 as of Jul. 29, 2026, which is 12% below its 10-year median of 2.84. GuruFocus rates NSE:CMNL with a GF Score™ of 61/100 and a GF Value™ of ₹348.57 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 611 Steel companies, Chaman Metallics ranks worse than 83.47% 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 (2026-07-29), Chaman Metallics's share price is ₹98.50. Chaman Metallics's Book Value per Share for the quarter that ended in Mar. 2026 was ₹39.34. Hence, Chaman Metallics's PB Ratio of today is 2.50.
The historical rank and industry rank for Chaman Metallics's PB Ratio or its related term are showing as below:
NSE:CMNL'
s PB Ratio Range Over the Past 10 Years
Min: 1.3 Med: 2.84 Max: 4.3
Current: 2.5
During the past 7 years, Chaman Metallics's highest PB Ratio was 4.30. The lowest was 1.30. And the median was 2.84.
NSE:CMNL's PB Ratio is ranked worse than 83.47% of 611
companies
in the Steel industry
Industry Median: 0.96
vs NSE:CMNL: 2.50
During the past 12 months, Chaman Metallics's average Book Value Per Share Growth Rate was -4.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 29.40% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Chaman Metallics was 48.40% per year. The lowest was 7.40% per year. And the median was 41.90% per year.
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.
Chaman Metallics PB Ratio Related Terms
Chaman Metallics PB Ratio Historical Data
* Premium members only.
The historical data trend for Chaman Metallics'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.
For the Steel subindustry, Chaman Metallics'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.
Chaman Metallics PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Chaman Metallics's PB Ratio distribution charts can be found below:
* The bar in red indicates where Chaman Metallics'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.
Chaman Metallics (NSE:CMNL) has a PB Ratio of 2.50 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Chaman Metallics and its competitors. This is 12% below median its historical median of 2.84. Over the past decade, Chaman Metallics' PB Ratio has ranged from 1.30 to 4.30. According to the industry distribution chart, Chaman Metallics ranks #510 out of 611 companies in the Steel industry, placing it in the top 83.5%.
Is Chaman Metallics' PB Ratio too high?
Chaman Metallics' current PB Ratio of 2.50 is 12% below median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 4.30. The Steel industry median PB Ratio is 0.96. Chaman Metallics' value of 2.50 is 160.4% above this industry median. Based on the distribution chart, Chaman Metallics ranks #510 out of 611 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Chaman Metallics has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chaman Metallics' PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Chaman Metallics ranks #510 out of 611 companies for PB Ratio. This places Chaman Metallics in the lower half of its industry. The industry median PB Ratio is 0.96. Chaman Metallics' value of 2.50 is 160.4% above this benchmark. Historically, Chaman Metallics' own PB Ratio has ranged from 1.30 to 4.30 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 0.96, Chaman Metallics 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. Chaman Metallics's current PB Ratio of 2.50 is 160.4% 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 Chaman Metallics 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. Chaman Metallics's current PB Ratio is 2.50, which is 12% below median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chaman Metallics stock overvalued right now?
Based on GuruFocus' analysis, Chaman Metallics (NSE:CMNL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹348.57, compared to a current price of ₹98.50 — trading 71.7% below its estimated fair value. The current PB Ratio is 2.50, which is 12% below median its 10-year median of 2.84 and 160.4% above the Steel industry median of 0.96. Chaman Metallics' overall GF Score™ is 61/100 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 Chaman Metallics (NSE:CMNL), the current PB Ratio is 2.50 as of Jul. 29, 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 Chaman Metallics (NSE:CMNL) Overvalued in 2026?
Based on GuruFocus' analysis, Chaman Metallics stock appears to be undervalued.
The current stock price of ₹98.50 is trading 71.7% below its estimated GF Value™ of ₹348.57.
GuruFocus considers Chaman Metallics to be Possible Value Trap.
Key valuation signals for NSE:CMNL:
PB Ratio: 2.50 (12% below median its 10-year median of 2.84)
GF Value™: ₹348.57 vs. price of ₹98.50 (71.7% below fair value)
Industry Position: 160.4% above the Steel median (#510 of 611)
No single metric tells the full story. See the NSE:CMNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chaman Metallics Ltd is engaged in the business of selling Iron and Steel. The company is engaged in manufacturing and selling Direct Reduced Iron (i.e., sponge iron), which is used as a raw material for making steel in electric arc furnaces and induction furnaces.
61GF Score
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