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Star Paper MillsNSE:STARPAPER -1.58%77 PB Ratio is 0.31 as of Jul. 15, 2026, which is 34% below its 10-year median of 0.47. GuruFocus rates NSE:STARPAPER with a GF Score™ of 77/100 and a GF Value™ of ₹168.87 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 271 Forest Products companies, Star Paper Mills ranks better than 83.76% 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 (2026-07-15), Star Paper Mills's share price is ₹139.19. Star Paper Mills's Book Value per Share for the quarter that ended in Mar. 2026 was ₹450.92. Hence, Star Paper Mills's PB Ratio of today is 0.31.
Good Sign:
Star Paper Mills Ltd stock PB Ratio (=0.31) is close to 5-year low of 0.28.
The historical rank and industry rank for Star Paper Mills's PB Ratio or its related term are showing as below:
NSE:STARPAPER'
s PB Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.47 Max: 3.28
Current: 0.31
During the past 13 years, Star Paper Mills's highest PB Ratio was 3.28. The lowest was 0.23. And the median was 0.47.
NSE:STARPAPER's PB Ratio is ranked better than 83.76% of 271
companies
in the Forest Products industry
Industry Median: 0.78
vs NSE:STARPAPER: 0.31
During the past 12 months, Star Paper Mills's average Book Value Per Share Growth Rate was 3.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Star Paper Mills was 121.90% per year. The lowest was -36.50% per year. And the median was 7.85% per year.
Back to Basics: PB Ratio
Star Paper Mills (NSE:STARPAPER) 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.
Star Paper Mills PB Ratio Related Terms
Star Paper Mills PB Ratio Historical Data
* Premium members only.
The historical data trend for Star Paper Mills'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 Paper & Paper Products subindustry, Star Paper Mills'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.
Star Paper Mills PB Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Star Paper Mills's PB Ratio distribution charts can be found below:
* The bar in red indicates where Star Paper Mills'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.
* 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.
Star Paper Mills (NSE:STARPAPER) has a PB Ratio of 0.31 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Star Paper Mills and its competitors. This is 34% below median its historical median of 0.47. Over the past decade, Star Paper Mills' PB Ratio has ranged from 0.23 to 3.28. According to the industry distribution chart, Star Paper Mills ranks #44 out of 271 companies in the Forest Products industry, placing it in the top 16.2%.
Is Star Paper Mills' PB Ratio too high?
Star Paper Mills' current PB Ratio of 0.31 is 34% below median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 3.28. The Forest Products industry median PB Ratio is 0.78. Star Paper Mills' value of 0.31 is 60.3% below this industry median. Based on the distribution chart, Star Paper Mills ranks #44 out of 271 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Star Paper Mills has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Paper Mills' PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, Star Paper Mills ranks #44 out of 271 companies for PB Ratio. This places Star Paper Mills in the top 16% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.78. Star Paper Mills' value of 0.31 is 60.3% below this benchmark. Historically, Star Paper Mills' own PB Ratio has ranged from 0.23 to 3.28 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.78, Star Paper Mills has consistently been below 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 Forest Products company?
The median PB Ratio among Forest Products companies is 0.78, based on 271 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. Star Paper Mills's current PB Ratio of 0.31 is 60.3% below 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 Star Paper Mills and its competitors. For the Forest Products industry, the median PB Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Paper Mills's current PB Ratio is 0.31, which is 34% below median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Paper Mills stock overvalued right now?
Based on GuruFocus' analysis, Star Paper Mills (NSE:STARPAPER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹168.87, compared to a current price of ₹139.19 — trading 17.6% below its estimated fair value. The current PB Ratio is 0.31, which is 34% below median its 10-year median of 0.47 and 60.3% below the Forest Products industry median of 0.78. Star Paper Mills' overall GF Score™ is 77/100 with 6 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 Star Paper Mills (NSE:STARPAPER), the current PB Ratio is 0.31 as of Jul. 15, 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 Star Paper Mills (NSE:STARPAPER) Overvalued in 2026?
Based on GuruFocus' analysis, Star Paper Mills stock appears to be undervalued.
The current stock price of ₹139.19 is trading 17.6% below its estimated GF Value™ of ₹168.87.
GuruFocus considers Star Paper Mills to be Modestly Undervalued.
Key valuation signals for NSE:STARPAPER:
PB Ratio: 0.31 (34% below median its 10-year median of 0.47)
GF Value™: ₹168.87 vs. price of ₹139.19 (17.6% below fair value)
Industry Position: 60.3% below the Forest Products median (#44 of 271)
No single metric tells the full story. See the NSE:STARPAPER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Star Paper Mills Ltd is engaged in the manufacture and supply of Paper, paperboard, and other related products as its core business. It produces a wide range of Industrial Packaging and cultural paper catering to various segments of the consumer. It sells within Indian markets and Outside India.
77GF Score
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