Sanstar (NSE:SANSTAR) PB Ratio: 2.97 (As of Jul. 12, 2026) — 13% Above Median


NSE:SANSTAR Sanstar Ltd NSE:SANSTAR
48 GF Score
Price ₹113.22
! 8 Warning Signs
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What is Sanstar PB Ratio?

Sanstar NSE:SANSTAR -0.12% 48 PB Ratio is 2.97 as of Jul. 12, 2026, which is 13% above its 10-year median of 2.64. GuruFocus rates NSE:SANSTAR with a GF Score™ of 48/100. The stock has 8 warning signs investors should review. Among 1,575 Chemicals companies, Sanstar ranks worse than 72.32% 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 (2026-07-12), Sanstar's share price is ₹113.22. Sanstar's Book Value per Share for the quarter that ended in Mar. 2026 was ₹38.08. Hence, Sanstar's PB Ratio of today is 2.97.

Warning Sign:

Sanstar Ltd stock PB Ratio (=2.97) is close to 1-year high of 3.28.

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

NSE:SANSTAR' s PB Ratio Range Over the Past 10 Years
Min: 2.04   Med: 2.64   Max: 3.49
Current: 2.97

During the past 6 years, Sanstar's highest PB Ratio was 3.49. The lowest was 2.04. And the median was 2.64.

NSE:SANSTAR's PB Ratio is ranked worse than
72.32% of 1575 companies
in the Chemicals industry
Industry Median: 1.71 vs NSE:SANSTAR: 2.97

During the past 12 months, Sanstar's average Book Value Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 54.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 67.10% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Sanstar was 97.80% per year. The lowest was 54.20% per year. And the median was 54.80% per year.

Back to Basics: PB Ratio


Sanstar  (NSE:SANSTAR) 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.


Sanstar PB Ratio Related Terms


Sanstar PB Ratio Historical Data

* Premium members only.

The historical data trend for Sanstar'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.

Sanstar PB Ratio Chart

Sanstar Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 2.42 1.99

Sanstar Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.42 0.00 2.63 0.00 1.99

NSE:SANSTAR vs DOW: PB Ratio Comparison

For the Chemicals subindustry, Sanstar'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.


Sanstar PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sanstar's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sanstar's PB Ratio falls into.


NSE:SANSTAR
48GF Score
Sanstar Ltd NSE:SANSTAR
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanstar 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.

Sanstar's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=113.22/38.082
=2.97

* 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 2.97 mean?
Sanstar (NSE:SANSTAR) has a PB Ratio of 2.97 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sanstar and its competitors. This is 13% above median its historical median of 2.64. Over the past decade, Sanstar's PB Ratio has ranged from 2.04 to 3.49. According to the industry distribution chart, Sanstar ranks #1139 out of 1575 companies in the Chemicals industry, placing it in the top 72.3%.
Is Sanstar's PB Ratio too high?
Sanstar's current PB Ratio of 2.97 is 13% above median its 10-year median of 2.64. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 3.49. The Chemicals industry median PB Ratio is 1.71. Sanstar's value of 2.97 is 73.7% above this industry median. Based on the distribution chart, Sanstar ranks #1139 out of 1575 companies in the Chemicals industry, which is below the industry midpoint. Overall, Sanstar has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Sanstar's PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Sanstar ranks #1139 out of 1575 companies for PB Ratio. This places Sanstar in the lower half of its industry. The industry median PB Ratio is 1.71. Sanstar's value of 2.97 is 73.7% above this benchmark. Historically, Sanstar's own PB Ratio has ranged from 2.04 to 3.49 over the past decade. While the company's 10-year median is 2.64 vs. the industry median of 1.71, Sanstar 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.71, based on 1,575 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. Sanstar's current PB Ratio of 2.97 is 73.7% 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 Sanstar and its competitors. For the Chemicals industry, the median PB Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanstar's current PB Ratio is 2.97, which is 13% above median its own 10-year median of 2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanstar stock overvalued right now?
Sanstar (NSE:SANSTAR) has a current PB Ratio of 2.97. The current PB Ratio is 2.97, which is 13% above median its 10-year median of 2.64 and 73.7% above the Chemicals industry median of 1.71. Sanstar's overall GF Score™ is 48/100 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 Sanstar (NSE:SANSTAR), the current PB Ratio is 2.97 as of Jul. 12, 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.

Sanstar Business Description

Other Exchanges 544217:India
Address Mahalaxmi Char Rasta, Near Parimal Under Bridge, Sanstar House, Opposite Suvidha Shopping Centre, Paldi, Ahmedabad, GJ, IND, 380007
Sanstar Ltd is a manufacturer of plant-based products and ingredient solutions in India for food, animal nutrition, and other industrial applications. Its products include liquid glucose, dried glucose solids, maltodextrin powder, dextrose monohydrate, native maize starches, modified maize starches, and co-products like germs, gluten, fiber, and enriched protein, amongst others. The company operates in one business segment i.e. Corn Wet Milling comprising mainly the manufacture of starches, its derivatives, and by-product. Key revenue is generated from India.
48GF Score

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PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹113.22
Price