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Sandur Manganese And Iron Ores Ltd stock PB Ratio (=2.91) is close to 1-year low of 2.73.
The historical rank and industry rank for Sandur Manganese And Iron Ores's PB Ratio or its related term are showing as below:
NSE:SANDUMA'
s PB Ratio Range Over the Past 10 Years
Min: 0.41 Med: 1.74 Max: 4.36
Current: 2.91
During the past 13 years, Sandur Manganese And Iron Ores's highest PB Ratio was 4.36. The lowest was 0.41. And the median was 1.74.
NSE:SANDUMA's PB Ratio is ranked worse than 86.39% of 610
companies
in the Steel industry
Industry Median: 0.97
vs NSE:SANDUMA: 2.91
During the past 12 months, Sandur Manganese And Iron Ores's average Book Value Per Share Growth Rate was 24.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 18.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 23.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 24.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sandur Manganese And Iron Ores was 111.80% per year. The lowest was 7.10% per year. And the median was 19.60% per year.
Back to Basics: PB Ratio
Sandur Manganese And Iron Ores (NSE:SANDUMA) 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.
Sandur Manganese And Iron Ores PB Ratio Related Terms
Sandur Manganese And Iron Ores PB Ratio Historical Data
* 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, Sandur Manganese And Iron Ores'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.
Sandur Manganese And Iron Ores PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Sandur Manganese And Iron Ores's PB Ratio distribution charts can be found below:
* The bar in red indicates where Sandur Manganese And Iron Ores's PB Ratio falls into.
Sandur Manganese And Iron Ores 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.
* 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.
Sandur Manganese And Iron Ores (NSE:SANDUMA) has a PB Ratio of 2.91 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sandur Manganese And Iron Ores and its competitors. This is 67% above median its historical median of 1.74. Over the past decade, Sandur Manganese And Iron Ores' PB Ratio has ranged from 0.41 to 4.36. According to the industry distribution chart, Sandur Manganese And Iron Ores ranks #527 out of 610 companies in the Steel industry, placing it in the top 86.4%.
Is Sandur Manganese And Iron Ores' PB Ratio too high?
Sandur Manganese And Iron Ores' current PB Ratio of 2.91 is 67% above median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 4.36. The Steel industry median PB Ratio is 0.97. Sandur Manganese And Iron Ores' value of 2.91 is 200% above this industry median. Based on the distribution chart, Sandur Manganese And Iron Ores ranks #527 out of 610 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Sandur Manganese And Iron Ores has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sandur Manganese And Iron Ores' PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Sandur Manganese And Iron Ores ranks #527 out of 610 companies for PB Ratio. This places Sandur Manganese And Iron Ores in the lower half of its industry. The industry median PB Ratio is 0.97. Sandur Manganese And Iron Ores' value of 2.91 is 200% above this benchmark. Historically, Sandur Manganese And Iron Ores' own PB Ratio has ranged from 0.41 to 4.36 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 0.97, Sandur Manganese And Iron Ores 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 0.97, based on 610 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. Sandur Manganese And Iron Ores's current PB Ratio of 2.91 is 200% 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 Sandur Manganese And Iron Ores and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sandur Manganese And Iron Ores's current PB Ratio is 2.91, which is 67% above median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandur Manganese And Iron Ores stock overvalued right now?
Based on GuruFocus' analysis, Sandur Manganese And Iron Ores (NSE:SANDUMA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹305.54, compared to a current price of ₹195.04 — trading 36.2% below its estimated fair value. The current PB Ratio is 2.91, which is 67% above median its 10-year median of 1.74 and 200% above the Steel industry median of 0.97. Sandur Manganese And Iron Ores' overall GF Score™ is 75/100 with 3 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 Sandur Manganese And Iron Ores (NSE:SANDUMA), the current PB Ratio is 2.91 as of Jul. 27, 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 Sandur Manganese And Iron Ores (NSE:SANDUMA) Overvalued in 2026?
Based on GuruFocus' analysis, Sandur Manganese And Iron Ores stock appears to be undervalued.
The current stock price of ₹195.04 is trading 36.2% below its estimated GF Value™ of ₹305.54.
GuruFocus considers Sandur Manganese And Iron Ores to be Significantly Undervalued.
Key valuation signals for NSE:SANDUMA:
PB Ratio: 2.91 (67% above median its 10-year median of 1.74)
GF Value™: ₹305.54 vs. price of ₹195.04 (36.2% below fair value)
Industry Position: 200% above the Steel median (#527 of 610)
No single metric tells the full story. See the NSE:SANDUMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sandur Manganese And Iron Ores Business Description
Sandur Manganese And Iron Ores Ltd is a mining company. It is engaged in the mining of manganese and iron ores in Deogiri village of Sandur taluk, Ballari District, Karnataka. The Company is also engaged in the manufacture of ferroalloys, and coke and energy at Vyasanakere, Hosapete. Its operating segment includes Mining and Ferroalloys, and Coke and Energy. The company generates maximum revenue from the Mining segment. Geographically, it derives all of its revenue from within India.
75GF Score
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