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Scoda TubesNSE:SCODATUBES -3.52%13 PB Ratio is 2.22 as of Jul. 17, 2026, which is 7% below its 10-year median of 2.38. GuruFocus rates NSE:SCODATUBES with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 610 Steel companies, Scoda Tubes ranks worse than 80.98% 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 (2026-07-17), Scoda Tubes's share price is ₹144.37. Scoda Tubes's Book Value per Share for the quarter that ended in Mar. 2026 was ₹65.15. Hence, Scoda Tubes's PB Ratio of today is 2.22.
The historical rank and industry rank for Scoda Tubes's PB Ratio or its related term are showing as below:
NSE:SCODATUBES'
s PB Ratio Range Over the Past 10 Years
Min: 1.87 Med: 2.38 Max: 2.77
Current: 2.21
During the past 5 years, Scoda Tubes's highest PB Ratio was 2.77. The lowest was 1.87. And the median was 2.38.
NSE:SCODATUBES's PB Ratio is ranked worse than 80.98% of 610
companies
in the Steel industry
Industry Median: 0.985
vs NSE:SCODATUBES: 2.21
During the past 3 years, the average Book Value Per Share Growth Rate was 105.00% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Scoda Tubes was 105.00% per year. The lowest was 105.00% per year. And the median was 105.00% 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.
Scoda Tubes PB Ratio Related Terms
Scoda Tubes PB Ratio Historical Data
* Premium members only.
The historical data trend for Scoda Tubes'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.
NSE:SCODATUBES vs NUE, STLD, RS: PB Ratio Comparison
For the Steel subindustry, Scoda Tubes'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.
Scoda Tubes PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Scoda Tubes's PB Ratio distribution charts can be found below:
* The bar in red indicates where Scoda Tubes'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.
Scoda Tubes'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.
Scoda Tubes (NSE:SCODATUBES) has a PB Ratio of 2.22 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Scoda Tubes and its competitors. This is near median its historical median of 2.38. Over the past decade, Scoda Tubes' PB Ratio has ranged from 1.87 to 2.77. According to the industry distribution chart, Scoda Tubes ranks #494 out of 610 companies in the Steel industry, placing it in the top 81%.
Is Scoda Tubes' PB Ratio too high?
Scoda Tubes' current PB Ratio of 2.22 is near median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 2.77. The Steel industry median PB Ratio is 0.99. Scoda Tubes' value of 2.22 is 125.4% above this industry median. Based on the distribution chart, Scoda Tubes ranks #494 out of 610 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Scoda Tubes has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Scoda Tubes' PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Scoda Tubes ranks #494 out of 610 companies for PB Ratio. This places Scoda Tubes in the lower half of its industry. The industry median PB Ratio is 0.99. Scoda Tubes' value of 2.22 is 125.4% above this benchmark. Historically, Scoda Tubes' own PB Ratio has ranged from 1.87 to 2.77 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 0.99, Scoda Tubes 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 0.99, 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. Scoda Tubes's current PB Ratio of 2.22 is 125.4% 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 Scoda Tubes and its competitors. For the Steel industry, the median PB Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scoda Tubes's current PB Ratio is 2.22, which is near median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scoda Tubes stock overvalued right now?
Scoda Tubes (NSE:SCODATUBES) has a current PB Ratio of 2.22. The current PB Ratio is 2.22, which is near median its 10-year median of 2.38 and 125.4% above the Steel industry median of 0.99. Scoda Tubes' overall GF Score™ is 13/100 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 Scoda Tubes (NSE:SCODATUBES), the current PB Ratio is 2.22 as of Jul. 17, 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.
Scoda Tubes Ltd is a manufacturer of stainless-steel tubes and pipes. The company's product includes Stainless Steel Seamless Pipes, Stainless Steel Seamless Tube, Stainless Steel Instrumentation Tubes, Stainless Steel Welded Pipes, Stainless Steel Welded Tubes, and Stainless Steel Welded 'U' Tubes. Geographically, the company generates the majority of its revenue within India.
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