Solid Stone Co (BOM:513699) PB Ratio: 0.57 (As of Jul. 21, 2026) — 29% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

BOM:513699 Solid Stone Co Ltd BOM:513699
59 GF Score
Price ₹24.12
GF Value ₹30.28
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Solid Stone Co PB Ratio?

Solid Stone Co BOM:513699 -3.13% 59 PB Ratio is 0.57 as of Jul. 21, 2026, which is 29% below its 10-year median of 0.80. GuruFocus rates BOM:513699 with a GF Score™ of 59/100 and a GF Value™ of ₹30.28 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 398 Building Materials companies, Solid Stone Co ranks better than 78.64% 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 (2026-07-21), Solid Stone Co's share price is ₹24.12. Solid Stone Co's Book Value per Share for the quarter that ended in Mar. 2026 was ₹42.55. Hence, Solid Stone Co's PB Ratio of today is 0.57.

Good Sign:

Solid Stone Co Ltd stock PB Ratio (=0.59) is close to 5-year low of 0.56.

The historical rank and industry rank for Solid Stone Co's PB Ratio or its related term are showing as below:

BOM:513699' s PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.8   Max: 2.33
Current: 0.57

During the past 13 years, Solid Stone Co's highest PB Ratio was 2.33. The lowest was 0.33. And the median was 0.80.

BOM:513699's PB Ratio is ranked better than
78.64% of 398 companies
in the Building Materials industry
Industry Median: 1.14 vs BOM:513699: 0.57

During the past 12 months, Solid Stone Co's average Book Value Per Share Growth Rate was 2.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Solid Stone Co was 7.00% per year. The lowest was -9.40% per year. And the median was 3.30% per year.

Back to Basics: PB Ratio


Solid Stone Co  (BOM:513699) 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.


Solid Stone Co PB Ratio Related Terms


Solid Stone Co PB Ratio Historical Data

* Premium members only.

The historical data trend for Solid Stone Co'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.

Solid Stone Co PB Ratio Chart

Solid Stone Co 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 0.64 0.87 0.79 0.83 0.56

Solid Stone Co 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 0.83 0.00 0.78 0.00 0.56

BOM:513699 vs CRH, VMC, MLM: PB Ratio Comparison

For the Building Materials subindustry, Solid Stone Co'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.


Solid Stone Co PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Solid Stone Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Solid Stone Co's PB Ratio falls into.


BOM:513699
59GF Score
Solid Stone Co Ltd BOM:513699
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solid Stone Co 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.

Solid Stone Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=24.12/42.55
=0.57

* 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 0.57 mean?
Solid Stone Co (BOM:513699) has a PB Ratio of 0.57 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Solid Stone Co and its competitors. This is 29% below median its historical median of 0.80. Over the past decade, Solid Stone Co's PB Ratio has ranged from 0.33 to 2.33. According to the industry distribution chart, Solid Stone Co ranks #85 out of 398 companies in the Building Materials industry, placing it in the top 21.4%.
Is Solid Stone Co's PB Ratio too high?
Solid Stone Co's current PB Ratio of 0.57 is 29% below median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.33. The Building Materials industry median PB Ratio is 1.14. Solid Stone Co's value of 0.57 is 50% below this industry median. Based on the distribution chart, Solid Stone Co ranks #85 out of 398 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Solid Stone Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Solid Stone Co's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Solid Stone Co ranks #85 out of 398 companies for PB Ratio. This places Solid Stone Co in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.14. Solid Stone Co's value of 0.57 is 50% below this benchmark. Historically, Solid Stone Co's own PB Ratio has ranged from 0.33 to 2.33 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 1.14, Solid Stone Co 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 Building Materials company?
The median PB Ratio among Building Materials companies is 1.14, based on 398 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. Solid Stone Co's current PB Ratio of 0.57 is 50% 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 Solid Stone Co and its competitors. For the Building Materials industry, the median PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solid Stone Co's current PB Ratio is 0.57, which is 29% below median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solid Stone Co stock overvalued right now?
Based on GuruFocus' analysis, Solid Stone Co (BOM:513699) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹30.28, compared to a current price of ₹24.12 — trading 20.3% below its estimated fair value. The current PB Ratio is 0.57, which is 29% below median its 10-year median of 0.80 and 50% below the Building Materials industry median of 1.14. Solid Stone Co's overall GF Score™ is 59/100 with 5 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 Solid Stone Co (BOM:513699), the current PB Ratio is 0.57 as of Jul. 21, 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 Solid Stone Co (BOM:513699) Overvalued in 2026?

Based on GuruFocus' analysis, Solid Stone Co stock appears to be undervalued. The current stock price of ₹24.12 is trading 20.3% below its estimated GF Value™ of ₹30.28. GuruFocus considers Solid Stone Co to be Modestly Undervalued.

Key valuation signals for BOM:513699:

  • PB Ratio: 0.57 (29% below median its 10-year median of 0.80)
  • GF Value™: ₹30.28 vs. price of ₹24.12 (20.3% below fair value)
  • GF Score™: 59/100 with 5 warning signs
  • Industry Position: 50% below the Building Materials median (#85 of 398)

No single metric tells the full story. See the BOM:513699 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solid Stone Co Business Description

Address 1501, Maker Chambers V, Nariman Point, Mumbai, MH, IND, 400 021
Solid Stone Co Ltd is engaged in the processing, sale, and trading of natural and semi-precious stones. The company's only reportable segment being natural stones, building material, and allied building activities. Its products include natural stones, granite, semi-precious stones, mosaics and others.
59GF Score

Get the complete analysis for BOM:513699

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

₹24.12
Price
₹30.28
GF Value