Solex EnergyNSE:SOLEX -2.00%84 PB Ratio is 4.26 as of Jul. 12, 2026, which is 51% below its 10-year median of 8.78. GuruFocus rates NSE:SOLEX with a GF Score™ of 84/100 and a GF Value™ of ₹3,994.31 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 997 Semiconductors companies, Solex Energy ranks worse than 55.77% 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), Solex Energy's share price is ₹998.00. Solex Energy's Book Value per Share for the quarter that ended in Mar. 2026 was ₹234.17. Hence, Solex Energy's PB Ratio of today is 4.26.
Good Sign:
Solex Energy Ltd stock PB Ratio (=4.26) is close to 2-year low of 4.26.
The historical rank and industry rank for Solex Energy's PB Ratio or its related term are showing as below:
NSE:SOLEX'
s PB Ratio Range Over the Past 10 Years
Min: 4.26 Med: 8.78 Max: 13.54
Current: 4.26
During the past 12 years, Solex Energy's highest PB Ratio was 13.54. The lowest was 4.26. And the median was 8.78.
NSE:SOLEX's PB Ratio is ranked worse than 55.77% of 997
companies
in the Semiconductors industry
Industry Median: 3.66
vs NSE:SOLEX: 4.26
During the past 12 months, Solex Energy's average Book Value Per Share Growth Rate was 57.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 83.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 47.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 40.10% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Solex Energy was 145.80% per year. The lowest was 1.60% per year. And the median was 61.90% 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.
Solex Energy PB Ratio Related Terms
Solex Energy PB Ratio Historical Data
* Premium members only.
The historical data trend for Solex Energy'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 Solar subindustry, Solex Energy'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.
Solex Energy PB Ratio vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Solex Energy's PB Ratio distribution charts can be found below:
* The bar in red indicates where Solex Energy'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.
Solex Energy'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.
Solex Energy (NSE:SOLEX) has a PB Ratio of 4.26 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 Solex Energy and its competitors. This is 51% below median its historical median of 8.78. Over the past decade, Solex Energy's PB Ratio has ranged from 4.26 to 13.54. According to the industry distribution chart, Solex Energy ranks #556 out of 997 companies in the Semiconductors industry, placing it in the top 55.8%.
Is Solex Energy's PB Ratio too high?
Solex Energy's current PB Ratio of 4.26 is 51% below median its 10-year median of 8.78. Over the past 10 years, this metric has ranged from a low of 4.26 to a high of 13.54. The Semiconductors industry median PB Ratio is 3.66. Solex Energy's value of 4.26 is 16.4% above this industry median. Based on the distribution chart, Solex Energy ranks #556 out of 997 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Solex Energy has a GF Score™ of 84/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Solex Energy's PB Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Solex Energy ranks #556 out of 997 companies for PB Ratio. This places Solex Energy in the lower half of its industry. The industry median PB Ratio is 3.66. Solex Energy's value of 4.26 is 16.4% above this benchmark. Historically, Solex Energy's own PB Ratio has ranged from 4.26 to 13.54 over the past decade. While the company's 10-year median is 8.78 vs. the industry median of 3.66, Solex Energy 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 Semiconductors company?
The median PB Ratio among Semiconductors companies is 3.66, based on 997 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. Solex Energy's current PB Ratio of 4.26 is 16.4% 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 Solex Energy and its competitors. For the Semiconductors industry, the median PB Ratio is 3.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solex Energy's current PB Ratio is 4.26, which is 51% below median its own 10-year median of 8.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solex Energy stock overvalued right now?
Based on GuruFocus' analysis, Solex Energy (NSE:SOLEX) is currently considered Possible Value Trap. The stock's GF Value™ is ₹3,994.31, compared to a current price of ₹998.00 — trading 75% below its estimated fair value. The current PB Ratio is 4.26, which is 51% below median its 10-year median of 8.78 and 16.4% above the Semiconductors industry median of 3.66. Solex Energy's overall GF Score™ is 84/100 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 Solex Energy (NSE:SOLEX), the current PB Ratio is 4.26 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.
Is Solex Energy (NSE:SOLEX) Overvalued in 2026?
Based on GuruFocus' analysis, Solex Energy stock appears to be undervalued.
The current stock price of ₹998.00 is trading 75% below its estimated GF Value™ of ₹3,994.31.
GuruFocus considers Solex Energy to be Possible Value Trap.
Key valuation signals for NSE:SOLEX:
PB Ratio: 4.26 (51% below median its 10-year median of 8.78)
GF Value™: ₹3,994.31 vs. price of ₹998.00 (75% below fair value)
Industry Position: 16.4% above the Semiconductors median (#556 of 997)
No single metric tells the full story. See the NSE:SOLEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Solex Energy Ltd is a manufacturer of solar photovoltaic modules and is also engaged in the business of Engineering, Procurement, and Construction (EPC) in the solar energy market, where the manufactured modules are utilized. Its products are Tapi R, Tapi Trans, Tapi Series, Tapi Black, and Ganga.
84GF Score
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