Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Shine Resunga Development Bank Ltd stock PB Ratio (=2.58) is close to 3-year low of 2.4.
The historical rank and industry rank for Shine Resunga Development Bank's PB Ratio or its related term are showing as below:
XNEP:SHINE'
s PB Ratio Range Over the Past 10 Years
Min: 0.97 Med: 2.55 Max: 4.48
Current: 2.63
During the past 13 years, Shine Resunga Development Bank's highest PB Ratio was 4.48. The lowest was 0.97. And the median was 2.55.
XNEP:SHINE's PB Ratio is ranked worse than 94.18% of 1512
companies
in the Banks industry
Industry Median: 1.12
vs XNEP:SHINE: 2.63
During the past 12 months, Shine Resunga Development Bank's average Book Value Per Share Growth Rate was 6.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shine Resunga Development Bank was 82.10% per year. The lowest was -12.20% per year. And the median was 12.00% 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.
Shine Resunga Development Bank PB Ratio Related Terms
Shine Resunga Development Bank PB Ratio Historical Data
* 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.
Shine Resunga Development Bank PB Ratio Competitor Comparison
For the Banks - Regional subindustry, Shine Resunga Development Bank'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.
Shine Resunga Development Bank PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Shine Resunga Development Bank's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shine Resunga Development Bank's PB Ratio falls into.
Shine Resunga Development Bank 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.
* 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.
Shine Resunga Development Bank (XNEP:SHINE) has a PB Ratio of 2.63 as of Aug. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shine Resunga Development Bank and its competitors. This is near median its historical median of 2.55. Over the past decade, Shine Resunga Development Bank's PB Ratio has ranged from 0.97 to 4.48. According to the industry distribution chart, Shine Resunga Development Bank ranks #1424 out of 1512 companies in the Banks industry, placing it in the top 94.2%.
Is Shine Resunga Development Bank's PB Ratio too high?
Shine Resunga Development Bank's current PB Ratio of 2.63 is near median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 4.48. The Banks industry median PB Ratio is 1.12. Shine Resunga Development Bank's value of 2.63 is 134.8% above this industry median. Based on the distribution chart, Shine Resunga Development Bank ranks #1424 out of 1512 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Shine Resunga Development Bank has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shine Resunga Development Bank's PB Ratio compare to competitors?
According to the Banks industry distribution chart, Shine Resunga Development Bank ranks #1424 out of 1512 companies for PB Ratio. This places Shine Resunga Development Bank in the lower half of its industry. The industry median PB Ratio is 1.12. Shine Resunga Development Bank's value of 2.63 is 134.8% above this benchmark. Historically, Shine Resunga Development Bank's own PB Ratio has ranged from 0.97 to 4.48 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 1.12, Shine Resunga Development Bank 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 Banks company?
The median PB Ratio among Banks companies is 1.12, based on 1,512 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. Shine Resunga Development Bank's current PB Ratio of 2.63 is 134.8% 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 Shine Resunga Development Bank and its competitors. For the Banks industry, the median PB Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shine Resunga Development Bank's current PB Ratio is 2.63, which is near median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine Resunga Development Bank stock overvalued right now?
Based on GuruFocus' analysis, Shine Resunga Development Bank (XNEP:SHINE) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR473.52, compared to a current price of NPR414.90 — trading 12.4% below its estimated fair value. The current PB Ratio is 2.63, which is near median its 10-year median of 2.55 and 134.8% above the Banks industry median of 1.12. Shine Resunga Development Bank's overall GF Score™ is 96/100 with 2 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 Shine Resunga Development Bank (XNEP:SHINE), the current PB Ratio is 2.63 as of Aug. 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 Shine Resunga Development Bank (XNEP:SHINE) Overvalued in 2026?
Based on GuruFocus' analysis, Shine Resunga Development Bank stock appears to be undervalued.
The current stock price of NPR414.90 is trading 12.4% below its estimated GF Value™ of NPR473.52.
GuruFocus considers Shine Resunga Development Bank to be Modestly Undervalued.
Key valuation signals for XNEP:SHINE:
PB Ratio: 2.63 (near median its 10-year median of 2.55)
GF Value™: NPR473.52 vs. price of NPR414.90 (12.4% below fair value)
Industry Position: 134.8% above the Banks median (#1424 of 1512)
No single metric tells the full story. See the XNEP:SHINE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shine Resunga Development Bank Ltd is a regional development bank in Nepal. The company offers products and services including saving deposits, fixed deposits, call current, business loans, consumer loans, and others. The maximum revenue from Nepal itself is from Lumbini Province.
96GF Score
Get the complete analysis for XNEP:SHINE
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XNEP:SHINE has been successfully added to your 
