Sunlite Recycling Industries (NSE:SUNLITE) PB Ratio: 3.24 (As of Jul. 16, 2026) — 37% Below Median

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NSE:SUNLITE Sunlite Recycling Industries Ltd NSE:SUNLITE
47 GF Score
Price ₹439.20
! 1 Warning Sign
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What is Sunlite Recycling Industries PB Ratio?

Sunlite Recycling Industries NSE:SUNLITE -1.85% 47 PB Ratio is 3.24 as of Jul. 16, 2026, which is 37% below its 10-year median of 5.18. GuruFocus rates NSE:SUNLITE with a GF Score™ of 47/100. The stock has 1 warning sign investors should review. Among 2,983 Industrial Products companies, Sunlite Recycling Industries ranks worse than 66.34% 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 (2026-07-16), Sunlite Recycling Industries's share price is ₹439.20. Sunlite Recycling Industries's Book Value per Share for the quarter that ended in Mar. 2026 was ₹135.43. Hence, Sunlite Recycling Industries's PB Ratio of today is 3.24.

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

NSE:SUNLITE' s PB Ratio Range Over the Past 10 Years
Min: 2.01   Med: 5.18   Max: 10.54
Current: 3.25

During the past 6 years, Sunlite Recycling Industries's highest PB Ratio was 10.54. The lowest was 2.01. And the median was 5.18.

NSE:SUNLITE's PB Ratio is ranked worse than
66.34% of 2983 companies
in the Industrial Products industry
Industry Median: 2.19 vs NSE:SUNLITE: 3.25

During the past 12 months, Sunlite Recycling Industries's average Book Value Per Share Growth Rate was 156.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 249.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 90.90% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Sunlite Recycling Industries was 249.20% per year. The lowest was 44.30% per year. And the median was 73.00% per year.

Back to Basics: PB Ratio


Sunlite Recycling Industries  (NSE:SUNLITE) 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.


Sunlite Recycling Industries PB Ratio Related Terms


Sunlite Recycling Industries PB Ratio Historical Data

* Premium members only.

The historical data trend for Sunlite Recycling Industries'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.

Sunlite Recycling Industries PB Ratio Chart

Sunlite Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 1.66 2.56

Sunlite Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only 0.00 3.25 1.66 2.56 2.68

NSE:SUNLITE vs VRT, BE: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Sunlite Recycling Industries'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.


Sunlite Recycling Industries PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sunlite Recycling Industries's PB Ratio distribution charts can be found below:

* The bar in red indicates where Sunlite Recycling Industries's PB Ratio falls into.


NSE:SUNLITE
47GF Score
Sunlite Recycling Industries Ltd NSE:SUNLITE
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunlite Recycling Industries 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.

Sunlite Recycling Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=439.20/135.428
=3.24

* 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 3.24 mean?
Sunlite Recycling Industries (NSE:SUNLITE) has a PB Ratio of 3.24 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sunlite Recycling Industries and its competitors. This is 37% below median its historical median of 5.18. Over the past decade, Sunlite Recycling Industries' PB Ratio has ranged from 2.01 to 10.54. According to the industry distribution chart, Sunlite Recycling Industries ranks #1979 out of 2983 companies in the Industrial Products industry, placing it in the top 66.3%.
Is Sunlite Recycling Industries' PB Ratio too high?
Sunlite Recycling Industries' current PB Ratio of 3.24 is 37% below median its 10-year median of 5.18. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 10.54. The Industrial Products industry median PB Ratio is 2.19. Sunlite Recycling Industries' value of 3.24 is 47.9% above this industry median. Based on the distribution chart, Sunlite Recycling Industries ranks #1979 out of 2983 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Sunlite Recycling Industries has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Sunlite Recycling Industries' PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Sunlite Recycling Industries ranks #1979 out of 2983 companies for PB Ratio. This places Sunlite Recycling Industries in the lower half of its industry. The industry median PB Ratio is 2.19. Sunlite Recycling Industries' value of 3.24 is 47.9% above this benchmark. Historically, Sunlite Recycling Industries' own PB Ratio has ranged from 2.01 to 10.54 over the past decade. While the company's 10-year median is 5.18 vs. the industry median of 2.19, Sunlite Recycling Industries 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.19, based on 2,983 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. Sunlite Recycling Industries's current PB Ratio of 3.24 is 47.9% 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 Sunlite Recycling Industries and its competitors. For the Industrial Products industry, the median PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunlite Recycling Industries's current PB Ratio is 3.24, which is 37% below median its own 10-year median of 5.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunlite Recycling Industries stock overvalued right now?
Sunlite Recycling Industries (NSE:SUNLITE) has a current PB Ratio of 3.24. The current PB Ratio is 3.24, which is 37% below median its 10-year median of 5.18 and 47.9% above the Industrial Products industry median of 2.19. Sunlite Recycling Industries' overall GF Score™ is 47/100 with 1 warning sign 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 Sunlite Recycling Industries (NSE:SUNLITE), the current PB Ratio is 3.24 as of Jul. 16, 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.

Sunlite Recycling Industries Business Description

Address Survey No. 270A & Plot No. 1, Survey No. 267, Chhatha Mile, Dantali, Vaso, Kheda, GJ, IND, 387350
Sunlite Recycling Industries Ltd is engaged in the business of manufacturing of copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Further, it is also engaged in providing job work services for processing of various products of copper, wherein its customers provide company with the copper scrap and the company converts the copper scrap into copper wire and copper wire rod as per customer's requirement. It employs an internal quality control mechanism to ensure that its finished product conforms to the exact requirement of its customers.
47GF Score

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₹439.20
Price