Surya Roshni (BOM:500336) PB Ratio: 1.98 (As of Aug. 03, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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BOM:500336 Surya Roshni Ltd BOM:500336
76 GF Score
Price ₹239.50
GF Value ₹290.78
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Surya Roshni PB Ratio?

Surya Roshni BOM:500336 +0.44% 76 PB Ratio is 1.98 as of Aug. 03, 2026, which is 8% above its 10-year median of 1.84. GuruFocus rates BOM:500336 with a GF Score™ of 76/100 and a GF Value™ of ₹290.78 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 611 Steel companies, Surya Roshni ranks worse than 78.07% 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 (2026-08-03), Surya Roshni's share price is ₹239.50. Surya Roshni's Book Value per Share for the quarter that ended in Mar. 2026 was ₹121.02. Hence, Surya Roshni's PB Ratio of today is 1.98.

Good Sign:

Surya Roshni Ltd stock PB Ratio (=1.96) is close to 3-year low of 1.8.

The historical rank and industry rank for Surya Roshni's PB Ratio or its related term are showing as below:

BOM:500336' s PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.84   Max: 4.24
Current: 1.98

During the past 13 years, Surya Roshni's highest PB Ratio was 4.24. The lowest was 0.30. And the median was 1.84.

BOM:500336's PB Ratio is ranked worse than
78.07% of 611 companies
in the Steel industry
Industry Median: 0.96 vs BOM:500336: 1.98

During the past 12 months, Surya Roshni's average Book Value Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Surya Roshni was 29.10% per year. The lowest was -4.00% per year. And the median was 10.00% per year.

Back to Basics: PB Ratio


Surya Roshni  (BOM:500336) 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.


Surya Roshni PB Ratio Related Terms


Surya Roshni PB Ratio Historical Data

* Premium members only.

The historical data trend for Surya Roshni'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.

Surya Roshni PB Ratio Chart

Surya Roshni 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 1.43 1.90 2.56 2.15 1.55

Surya Roshni Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.15 0.00 2.49 0.00 1.55

BOM:500336 vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, Surya Roshni'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.


Surya Roshni PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Surya Roshni's PB Ratio distribution charts can be found below:

* The bar in red indicates where Surya Roshni's PB Ratio falls into.


BOM:500336
76GF Score
Surya Roshni Ltd BOM:500336
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Surya Roshni 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.

Surya Roshni's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=239.50/121.02
=1.98

* 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 1.98 mean?
Surya Roshni (BOM:500336) has a PB Ratio of 1.98 as of Aug. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Surya Roshni and its competitors. This is near median its historical median of 1.84. Over the past decade, Surya Roshni's PB Ratio has ranged from 0.30 to 4.24. According to the industry distribution chart, Surya Roshni ranks #477 out of 611 companies in the Steel industry, placing it in the top 78.1%.
Is Surya Roshni's PB Ratio too high?
Surya Roshni's current PB Ratio of 1.98 is near median its 10-year median of 1.84. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 4.24. The Steel industry median PB Ratio is 0.96. Surya Roshni's value of 1.98 is 106.3% above this industry median. Based on the distribution chart, Surya Roshni ranks #477 out of 611 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Surya Roshni has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Surya Roshni's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Surya Roshni ranks #477 out of 611 companies for PB Ratio. This places Surya Roshni in the lower half of its industry. The industry median PB Ratio is 0.96. Surya Roshni's value of 1.98 is 106.3% above this benchmark. Historically, Surya Roshni's own PB Ratio has ranged from 0.30 to 4.24 over the past decade. While the company's 10-year median is 1.84 vs. the industry median of 0.96, Surya Roshni 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 Steel company?
The median PB Ratio among Steel companies is 0.96, based on 611 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. Surya Roshni's current PB Ratio of 1.98 is 106.3% 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 Surya Roshni and its competitors. For the Steel industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surya Roshni's current PB Ratio is 1.98, which is near median its own 10-year median of 1.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surya Roshni stock overvalued right now?
Based on GuruFocus' analysis, Surya Roshni (BOM:500336) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹290.78, compared to a current price of ₹239.50 — trading 17.6% below its estimated fair value. The current PB Ratio is 1.98, which is near median its 10-year median of 1.84 and 106.3% above the Steel industry median of 0.96. Surya Roshni's overall GF Score™ is 76/100 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 Surya Roshni (BOM:500336), the current PB Ratio is 1.98 as of Aug. 03, 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 Surya Roshni (BOM:500336) Overvalued in 2026?

Based on GuruFocus' analysis, Surya Roshni stock appears to be undervalued. The current stock price of ₹239.50 is trading 17.6% below its estimated GF Value™ of ₹290.78. GuruFocus considers Surya Roshni to be Modestly Undervalued.

Key valuation signals for BOM:500336:

  • PB Ratio: 1.98 (near median its 10-year median of 1.84)
  • GF Value™: ₹290.78 vs. price of ₹239.50 (17.6% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 106.3% above the Steel median (#477 of 611)

No single metric tells the full story. See the BOM:500336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Surya Roshni Business Description

Other Exchanges SURYAROSNI:India
Address 5, Rajendra Place, 2nd Floor, Padma Tower - 1, New Delhi, IND, 110008
Surya Roshni Ltd is an Indian-based company involved in the manufacturing and marketing of lighting and steel tube products. The business activity of the firm has functioned through Steel pipes and Strips and Lighting and consumer durables segments. The Steel Pipe and Strips segment manufacturing and sale of steel pipes, cold rolled strips, and steel structures. The Lighting and consumer durables segment is engaged in the manufacturing and sale of different varieties of Lamps, fittings, Fans, Appliances and allied items. Geographically all the business operations are operated from India, and the products are sold within the Indian and international markets.
76GF Score

Get the complete analysis for BOM:500336

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

₹239.50
Price
₹290.78
GF Value