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.
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.
QVC ExportsNSE:QVCEL 38 PB Ratio is 0.41 as of Jul. 16, 2026, which is 29% below its 10-year median of 0.58. GuruFocus rates NSE:QVCEL with a GF Score™ of 38/100. The stock has 2 warning signs investors should review. Among 609 Steel companies, QVC Exports ranks better than 81.28% 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 (2026-07-16), QVC Exports's share price is ₹23.95. QVC Exports's Book Value per Share for the quarter that ended in Mar. 2026 was ₹58.09. Hence, QVC Exports's PB Ratio of today is 0.41.
Good Sign:
QVC Exports Ltd stock PB Ratio (=0.41) is close to 2-year low of 0.41.
The historical rank and industry rank for QVC Exports's PB Ratio or its related term are showing as below:
NSE:QVCEL'
s PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 0.58 Max: 4.46
Current: 0.41
During the past 6 years, QVC Exports's highest PB Ratio was 4.46. The lowest was 0.41. And the median was 0.58.
NSE:QVCEL's PB Ratio is ranked better than 81.28% of 609
companies
in the Steel industry
Industry Median: 0.98
vs NSE:QVCEL: 0.41
During the past 12 months, QVC Exports's average Book Value Per Share Growth Rate was -11.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 22.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.80% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of QVC Exports was 29.60% per year. The lowest was 10.20% per year. And the median was 22.40% 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.
QVC Exports PB Ratio Related Terms
QVC Exports PB Ratio Historical Data
* Premium members only.
The historical data trend for QVC Exports'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, QVC Exports'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.
QVC Exports PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, QVC Exports's PB Ratio distribution charts can be found below:
* The bar in red indicates where QVC Exports'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.
QVC Exports's PB Ratio for today is calculated as follows:
* 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.
QVC Exports (NSE:QVCEL) has a PB Ratio of 0.41 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on QVC Exports and its competitors. This is 29% below median its historical median of 0.58. Over the past decade, QVC Exports' PB Ratio has ranged from 0.41 to 4.46. According to the industry distribution chart, QVC Exports ranks #114 out of 609 companies in the Steel industry, placing it in the top 18.7%.
Is QVC Exports' PB Ratio too high?
QVC Exports' current PB Ratio of 0.41 is 29% below median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 4.46. The Steel industry median PB Ratio is 0.98. QVC Exports' value of 0.41 is 58.2% below this industry median. Based on the distribution chart, QVC Exports ranks #114 out of 609 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, QVC Exports has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does QVC Exports' PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, QVC Exports ranks #114 out of 609 companies for PB Ratio. This places QVC Exports in the top 19% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.98. QVC Exports' value of 0.41 is 58.2% below this benchmark. Historically, QVC Exports' own PB Ratio has ranged from 0.41 to 4.46 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.98, QVC Exports 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 0.98, based on 609 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. QVC Exports's current PB Ratio of 0.41 is 58.2% 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 QVC Exports 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. QVC Exports's current PB Ratio is 0.41, which is 29% below median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QVC Exports stock overvalued right now?
QVC Exports (NSE:QVCEL) has a current PB Ratio of 0.41. The current PB Ratio is 0.41, which is 29% below median its 10-year median of 0.58 and 58.2% below the Steel industry median of 0.98. QVC Exports' overall GF Score™ is 38/100 with 2 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 QVC Exports (NSE:QVCEL), the current PB Ratio is 0.41 as of Jul. 16, 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.
QVC Exports Ltd is engaged in the business of dealing in ferro alloys, including but not limited to high carbon silico manganese, low carbon silico manganese, high carbon ferro manganese, high carbon ferro chrome, and ferro silicon. It is also engaged in the dealing in raw materials for manufacturing of steel.
38GF Score
Get the complete analysis for NSE:QVCEL
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:QVCEL has been successfully added to your 
