Royal Arc Electrodes (NSE:ROYALARC) PB Ratio: 2.09 (As of Jul. 19, 2026) — 14% Below Median

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NSE:ROYALARC Royal Arc Electrodes Ltd NSE:ROYALARC
19 GF Score
Price ₹153.10
! 4 Warning Signs
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What is Royal Arc Electrodes PB Ratio?

Royal Arc Electrodes NSE:ROYALARC +2.07% 19 PB Ratio is 2.09 as of Jul. 19, 2026, which is 14% below its 10-year median of 2.44. GuruFocus rates NSE:ROYALARC with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 2,982 Industrial Products companies, Royal Arc Electrodes ranks better than 51.84% 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 (2026-07-19), Royal Arc Electrodes's share price is ₹153.10. Royal Arc Electrodes's Book Value per Share for the quarter that ended in Mar. 2026 was ₹73.17. Hence, Royal Arc Electrodes's PB Ratio of today is 2.09.

Good Sign:

Royal Arc Electrodes Ltd stock PB Ratio (=2.09) is close to 2-year low of 1.99.

The historical rank and industry rank for Royal Arc Electrodes's PB Ratio or its related term are showing as below:

NSE:ROYALARC' s PB Ratio Range Over the Past 10 Years
Min: 1.99   Med: 2.44   Max: 3.96
Current: 2.09

During the past 5 years, Royal Arc Electrodes's highest PB Ratio was 3.96. The lowest was 1.99. And the median was 2.44.

NSE:ROYALARC's PB Ratio is ranked better than
51.84% of 2982 companies
in the Industrial Products industry
Industry Median: 2.14 vs NSE:ROYALARC: 2.09

During the past 12 months, Royal Arc Electrodes's average Book Value Per Share Growth Rate was 13.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 38.90% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Royal Arc Electrodes was 51.20% per year. The lowest was 38.90% per year. And the median was 45.05% per year.

Back to Basics: PB Ratio


Royal Arc Electrodes  (NSE:ROYALARC) 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.


Royal Arc Electrodes PB Ratio Related Terms


Royal Arc Electrodes PB Ratio Historical Data

* Premium members only.

The historical data trend for Royal Arc Electrodes'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.

Royal Arc Electrodes PB Ratio Chart

Royal Arc Electrodes Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
0.00 0.00 0.00 2.34 2.30

Royal Arc Electrodes Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Mar26
PB Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 2.34 2.31

NSE:ROYALARC vs VRT, BE: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Royal Arc Electrodes'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.


Royal Arc Electrodes PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Royal Arc Electrodes's PB Ratio distribution charts can be found below:

* The bar in red indicates where Royal Arc Electrodes's PB Ratio falls into.


NSE:ROYALARC
19GF Score
Royal Arc Electrodes Ltd NSE:ROYALARC
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Royal Arc Electrodes 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.

Royal Arc Electrodes's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=153.10/73.173
=2.09

* 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 2.09 mean?
Royal Arc Electrodes (NSE:ROYALARC) has a PB Ratio of 2.09 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 Royal Arc Electrodes and its competitors. This is 14% below median its historical median of 2.44. Over the past decade, Royal Arc Electrodes' PB Ratio has ranged from 1.99 to 3.96. According to the industry distribution chart, Royal Arc Electrodes ranks #1436 out of 2982 companies in the Industrial Products industry, placing it in the top 48.2%.
Is Royal Arc Electrodes' PB Ratio too high?
Royal Arc Electrodes' current PB Ratio of 2.09 is 14% below median its 10-year median of 2.44. Over the past 10 years, this metric has ranged from a low of 1.99 to a high of 3.96. The Industrial Products industry median PB Ratio is 2.14. Royal Arc Electrodes' value of 2.09 is 2.3% below this industry median. Based on the distribution chart, Royal Arc Electrodes ranks #1436 out of 2982 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Royal Arc Electrodes has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Royal Arc Electrodes' PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Royal Arc Electrodes ranks #1436 out of 2982 companies for PB Ratio. This puts Royal Arc Electrodes in the upper half of its industry. The industry median PB Ratio is 2.14. Royal Arc Electrodes' value of 2.09 is 2.3% below this benchmark. Historically, Royal Arc Electrodes' own PB Ratio has ranged from 1.99 to 3.96 over the past decade. While the company's 10-year median is 2.44 vs. the industry median of 2.14, Royal Arc Electrodes 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 Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.14, based on 2,982 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. Royal Arc Electrodes's current PB Ratio of 2.09 is 2.3% 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 Royal Arc Electrodes and its competitors. For the Industrial Products industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Arc Electrodes's current PB Ratio is 2.09, which is 14% below median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Arc Electrodes stock overvalued right now?
Royal Arc Electrodes (NSE:ROYALARC) has a current PB Ratio of 2.09. The current PB Ratio is 2.09, which is 14% below median its 10-year median of 2.44 and 2.3% below the Industrial Products industry median of 2.14. Royal Arc Electrodes' overall GF Score™ is 19/100 with 4 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 Royal Arc Electrodes (NSE:ROYALARC), the current PB Ratio is 2.09 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.

Royal Arc Electrodes Business Description

Address S.V. Road, 72 B, Bombay Talkies Compound, Malad West, Mumbai, MH, IND, 400064
Royal Arc Electrodes Ltd is engaged in the business of manufacturing welding consumables such as welding electrodes, flux cored wire, MIG/TIG wires, which finds its application in the welding of tanks, boilers, heavy structures, beams, pipes, cylinders, pressure vessels, etc. which are used in industries like railways, roadways, airport infrastructure, refineries, shipyards, mines, sugar industries, telecom industries, thermal power stations, PEB sectors, etc. Further, the Company is also engaged in the business of trading ancillary/incidental products like wheels, electro slag, welding flux cored wire, electro slag strip cladding, saw flux, and TIG /MIG wires. It manufactures its products from copper coated wire, MS Strips, MS wire, SS strip, SS wire, nickel wire, ferro alloy powder, etc.
19GF Score

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₹153.10
Price