Steel Strips Wheels (NSE:SSWL) PB Ratio: 2.32 (As of Jul. 18, 2026) — Near Median

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NSE:SSWL Steel Strips Wheels Ltd NSE:SSWL
87 GF Score
Price ₹266.21
GF Value ₹269.73
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Steel Strips Wheels PB Ratio?

Steel Strips Wheels NSE:SSWL +0.29% 87 PB Ratio is 2.32 as of Jul. 18, 2026, which is 6% above its 10-year median of 2.19. GuruFocus rates NSE:SSWL with a GF Score™ of 87/100 and a GF Value™ of ₹269.73 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,294 Vehicles & Parts companies, Steel Strips Wheels ranks worse than 69.4% 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 (2026-07-18), Steel Strips Wheels's share price is ₹266.21. Steel Strips Wheels's Book Value per Share for the quarter that ended in Jun. 2026 was ₹114.83. Hence, Steel Strips Wheels's PB Ratio of today is 2.32.

Warning Sign:

Steel Strips Wheels Ltd stock PB Ratio (=2.32) is close to 1-year high of 2.32.

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

NSE:SSWL' s PB Ratio Range Over the Past 10 Years
Min: 0.73   Med: 2.19   Max: 3.7
Current: 2.32

During the past 13 years, Steel Strips Wheels's highest PB Ratio was 3.70. The lowest was 0.73. And the median was 2.19.

NSE:SSWL's PB Ratio is ranked worse than
69.4% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 1.37 vs NSE:SSWL: 2.32

During the past 12 months, Steel Strips Wheels's average Book Value Per Share Growth Rate was 10.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Steel Strips Wheels was 37.10% per year. The lowest was 7.90% per year. And the median was 14.40% per year.

Back to Basics: PB Ratio


Steel Strips Wheels  (NSE:SSWL) 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.


Steel Strips Wheels PB Ratio Related Terms


Steel Strips Wheels PB Ratio Historical Data

* Premium members only.

The historical data trend for Steel Strips Wheels'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.

Steel Strips Wheels PB Ratio Chart

Steel Strips Wheels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.66 2.04 2.40 1.72 1.48

Steel Strips Wheels Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 2.07 0.00 1.48 0.00

NSE:SSWL vs ORLY, AZO: PB Ratio Comparison

For the Auto Parts subindustry, Steel Strips Wheels'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.


Steel Strips Wheels PB Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Steel Strips Wheels's PB Ratio distribution charts can be found below:

* The bar in red indicates where Steel Strips Wheels's PB Ratio falls into.


NSE:SSWL
87GF Score
Steel Strips Wheels Ltd NSE:SSWL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steel Strips Wheels 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.

Steel Strips Wheels's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=266.21/114.825
=2.32

* 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 2.32 mean?
Steel Strips Wheels (NSE:SSWL) has a PB Ratio of 2.32 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Steel Strips Wheels and its competitors. This is near median its historical median of 2.19. Over the past decade, Steel Strips Wheels' PB Ratio has ranged from 0.73 to 3.70. According to the industry distribution chart, Steel Strips Wheels ranks #898 out of 1294 companies in the Vehicles & Parts industry, placing it in the top 69.4%.
Is Steel Strips Wheels' PB Ratio too high?
Steel Strips Wheels' current PB Ratio of 2.32 is near median its 10-year median of 2.19. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 3.70. The Vehicles & Parts industry median PB Ratio is 1.37. Steel Strips Wheels' value of 2.32 is 69.3% above this industry median. Based on the distribution chart, Steel Strips Wheels ranks #898 out of 1294 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Steel Strips Wheels has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Steel Strips Wheels' PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Steel Strips Wheels ranks #898 out of 1294 companies for PB Ratio. This places Steel Strips Wheels in the lower half of its industry. The industry median PB Ratio is 1.37. Steel Strips Wheels' value of 2.32 is 69.3% above this benchmark. Historically, Steel Strips Wheels' own PB Ratio has ranged from 0.73 to 3.70 over the past decade. While the company's 10-year median is 2.19 vs. the industry median of 1.37, Steel Strips Wheels 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.37, based on 1,294 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. Steel Strips Wheels's current PB Ratio of 2.32 is 69.3% 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 Steel Strips Wheels and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Strips Wheels's current PB Ratio is 2.32, which is near median its own 10-year median of 2.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Strips Wheels stock overvalued right now?
Based on GuruFocus' analysis, Steel Strips Wheels (NSE:SSWL) is currently considered Fairly Valued. The stock's GF Value™ is ₹269.73, compared to a current price of ₹266.21 — trading 1.3% below its estimated fair value. The current PB Ratio is 2.32, which is near median its 10-year median of 2.19 and 69.3% above the Vehicles & Parts industry median of 1.37. Steel Strips Wheels' overall GF Score™ is 87/100 with 7 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 Steel Strips Wheels (NSE:SSWL), the current PB Ratio is 2.32 as of Jul. 18, 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 Steel Strips Wheels (NSE:SSWL) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Strips Wheels stock appears to be undervalued. The current stock price of ₹266.21 is trading 1.3% below its estimated GF Value™ of ₹269.73. GuruFocus considers Steel Strips Wheels to be Fairly Valued.

Key valuation signals for NSE:SSWL:

  • PB Ratio: 2.32 (near median its 10-year median of 2.19)
  • GF Value™: ₹269.73 vs. price of ₹266.21 (1.3% below fair value)
  • GF Score™: 87/100 with 7 warning signs
  • Industry Position: 69.3% above the Vehicles & Parts median (#898 of 1294)

No single metric tells the full story. See the NSE:SSWL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Steel Strips Wheels Business Description

Other Exchanges 513262:India
Address Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheel manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.
87GF Score

Get the complete analysis for NSE:SSWL

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

₹266.21
Price
₹269.73
GF Value