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Shivagrico ImplementsBOM:522237 +9.14%65 PB Ratio is 1.63 as of Jul. 14, 2026, which is 126% above its 10-year median of 0.72. GuruFocus rates BOM:522237 with a GF Score™ of 65/100 and a GF Value™ of ₹28.98 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,983 Industrial Products companies, Shivagrico Implements ranks better than 62.35% on this metric.
The historical rank and industry rank for Shivagrico Implements's PB Ratio or its related term are showing as below:
BOM:522237'
s PB Ratio Range Over the Past 10 Years
Min: 0.33 Med: 0.72 Max: 2.31
Current: 1.64
During the past 13 years, Shivagrico Implements's highest PB Ratio was 2.31. The lowest was 0.33. And the median was 0.72.
BOM:522237's PB Ratio is ranked better than 62.35% of 2983
companies
in the Industrial Products industry
Industry Median: 2.18
vs BOM:522237: 1.64
During the past 12 months, Shivagrico Implements's average Book Value Per Share Growth Rate was 5.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shivagrico Implements was 12.10% per year. The lowest was -7.80% per year. And the median was 2.40% per year.
Back to Basics: PB Ratio
Shivagrico Implements (BOM:522237) PB Ratio Explanation
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.
* 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 Tools & Accessories subindustry, Shivagrico Implements'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.
Shivagrico Implements PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shivagrico Implements's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shivagrico Implements'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.
Shivagrico Implements (BOM:522237) has a PB Ratio of 1.63 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shivagrico Implements and its competitors. This is 126% above median its historical median of 0.72. Over the past decade, Shivagrico Implements' PB Ratio has ranged from 0.33 to 2.31. According to the industry distribution chart, Shivagrico Implements ranks #1123 out of 2983 companies in the Industrial Products industry, placing it in the top 37.6%.
Is Shivagrico Implements' PB Ratio too high?
Shivagrico Implements' current PB Ratio of 1.63 is 126% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.31. The Industrial Products industry median PB Ratio is 2.18. Shivagrico Implements' value of 1.63 is 25.2% below this industry median. Based on the distribution chart, Shivagrico Implements ranks #1123 out of 2983 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shivagrico Implements has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shivagrico Implements' PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Shivagrico Implements ranks #1123 out of 2983 companies for PB Ratio. This puts Shivagrico Implements in the upper half of its industry. The industry median PB Ratio is 2.18. Shivagrico Implements' value of 1.63 is 25.2% below this benchmark. Historically, Shivagrico Implements' own PB Ratio has ranged from 0.33 to 2.31 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 2.18, Shivagrico Implements 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.18, 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. Shivagrico Implements's current PB Ratio of 1.63 is 25.2% 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 Shivagrico Implements and its competitors. For the Industrial Products industry, the median PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shivagrico Implements's current PB Ratio is 1.63, which is 126% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivagrico Implements stock overvalued right now?
Based on GuruFocus' analysis, Shivagrico Implements (BOM:522237) is currently considered Fairly Valued. The stock's GF Value™ is ₹28.98, compared to a current price of ₹26.99 — trading 6.9% below its estimated fair value. The current PB Ratio is 1.63, which is 126% above median its 10-year median of 0.72 and 25.2% below the Industrial Products industry median of 2.18. Shivagrico Implements' overall GF Score™ is 65/100 with 4 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 Shivagrico Implements (BOM:522237), the current PB Ratio is 1.63 as of Jul. 14, 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 Shivagrico Implements (BOM:522237) Overvalued in 2026?
Based on GuruFocus' analysis, Shivagrico Implements stock appears to be undervalued.
The current stock price of ₹26.99 is trading 6.9% below its estimated GF Value™ of ₹28.98.
GuruFocus considers Shivagrico Implements to be Fairly Valued.
Key valuation signals for BOM:522237:
PB Ratio: 1.63 (126% above median its 10-year median of 0.72)
GF Value™: ₹28.98 vs. price of ₹26.99 (6.9% below fair value)
Industry Position: 25.2% below the Industrial Products median (#1123 of 2983)
No single metric tells the full story. See the BOM:522237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shivagrico Implements Ltd mainly deals in the rolling and forging of agricultural implements and other products. Its product portfolio comprises hot-rolled flats, bars, rounds, angles, and more, for both market sales as well as for captive self-consumption. In addition, it offers various hand tools and implements such as pickaxes of different types, crowbars, digging bars, hoes, pick mattocks, etc. The company is engaged in a single operating segment, the Rolling and Forging division. Geographically, the company derives maximum revenue from its business in India, and also has some exposure to overseas markets.
65GF Score
Get the complete analysis for BOM:522237
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