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Western MinistilBOM:504998 23 PB Ratio is 0.60 as of Aug. 16, 2026. GuruFocus rates BOM:504998 with a GF Score™ of 23/100. The stock has 2 warning signs investors should review. Among 608 Steel companies, Western Ministil ranks better than 70.72% 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 (2026-08-16), Western Ministil's share price is ₹0.60. Western Ministil's Book Value per Share for the quarter that ended in Mar. 2026 was ₹0.99. Hence, Western Ministil's PB Ratio of today is 0.60.
The historical rank and industry rank for Western Ministil's PB Ratio or its related term are showing as below:
BOM:504998'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.6
Current: 0.6
During the past 13 years, Western Ministil's highest PB Ratio was 0.60. The lowest was 0.00. And the median was 0.00.
BOM:504998's PB Ratio is ranked better than 70.72% of 608
companies
in the Steel industry
Industry Median: 0.98
vs BOM:504998: 0.60
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Western Ministil was 4.30% per year. The lowest was -10.30% per year. And the median was -3.70% 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.
Western Ministil PB Ratio Related Terms
Western Ministil PB Ratio Historical Data
* Premium members only.
The historical data trend for Western Ministil'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 Steel subindustry, Western Ministil'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.
Western Ministil PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Western Ministil's PB Ratio distribution charts can be found below:
* The bar in red indicates where Western Ministil'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.
Western Ministil (BOM:504998) has a PB Ratio of 0.60 as of Aug. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Western Ministil and its competitors. According to the industry distribution chart, Western Ministil ranks #178 out of 608 companies in the Steel industry, placing it in the top 29.3%.
Is Western Ministil's PB Ratio too high?
Western Ministil's current PB Ratio is 0.60. The Steel industry median PB Ratio is 0.98. Western Ministil's value of 0.60 is 38.8% below this industry median. Based on the distribution chart, Western Ministil ranks #178 out of 608 companies in the Steel industry, which is above the industry midpoint. Overall, Western Ministil has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Western Ministil's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Western Ministil ranks #178 out of 608 companies for PB Ratio. This puts Western Ministil in the upper half of its industry. The industry median PB Ratio is 0.98. Western Ministil's value of 0.60 is 38.8% below this benchmark. 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 0.98, based on 608 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. Western Ministil's current PB Ratio of 0.60 is 38.8% 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 Western Ministil and its competitors. For the Steel industry, the median PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Ministil's current PB Ratio is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Ministil stock overvalued right now?
Western Ministil (BOM:504998) has a current PB Ratio of 0.60. The current PB Ratio is 0.60 and 38.8% below the Steel industry median of 0.98. Western Ministil's overall GF Score™ is 23/100 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 Western Ministil (BOM:504998), the current PB Ratio is 0.60 as of Aug. 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.
Western Ministil Ltd is an Indian firm mainly engaged in the manufacturing of steel ingots in primary forms. The company is also engaged in producing semi-finished products of steel and has its business spread across India.
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