Mukat Pipes (BOM:523832) PB Ratio: (As of Aug. 08, 2026)

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Director of Data and Quant Analytics at GuruFocus
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BOM:523832 Mukat Pipes Ltd BOM:523832
46 GF Score
Price ₹17.13
GF Value ₹22.30
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Mukat Pipes PB Ratio?

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 (2026-08-08), Mukat Pipes's share price is ₹17.13. Mukat Pipes's Book Value per Share for the quarter that ended in Mar. 2026 was ₹-5.77. Hence, Mukat Pipes's PB Ratio of today is .

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

BOM:523832's PB Ratio is not ranked *
in the Steel industry.
Industry Median: 0.97
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was 1.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mukat Pipes was 55.90% per year. The lowest was -54.90% per year. And the median was -0.10% per year.

Back to Basics: PB Ratio


Mukat Pipes  (BOM:523832) 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.


Mukat Pipes PB Ratio Related Terms


Mukat Pipes PB Ratio Historical Data

* Premium members only.

The historical data trend for Mukat Pipes'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.

Mukat Pipes PB Ratio Chart

Mukat Pipes 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 0.00 0.00 0.00 0.00 0.00

Mukat Pipes 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 0.00 0.00 0.00 0.00 0.00

BOM:523832 vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, Mukat Pipes'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.


Mukat Pipes PB Ratio vs Steel Industry

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

* The bar in red indicates where Mukat Pipes's PB Ratio falls into.


BOM:523832
46GF Score
Mukat Pipes Ltd BOM:523832
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mukat Pipes 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.

Mukat Pipes's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=17.13/-5.767
=

* 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.

Is Mukat Pipes (BOM:523832) Overvalued in 2026?

Based on GuruFocus' analysis, Mukat Pipes stock appears to be undervalued. The current stock price of ₹17.13 is trading 23.2% below its estimated GF Value™ of ₹22.30. GuruFocus considers Mukat Pipes to be Modestly Undervalued.

Key valuation signals for BOM:523832:

  • PB Ratio:
  • GF Value™: ₹22.30 vs. price of ₹17.13 (23.2% below fair value)
  • GF Score™: 46/100 with 5 warning signs

No single metric tells the full story. See the BOM:523832 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mukat Pipes Business Description

Address Panch Marg, Yari Road, B-1106, Raj Classic CHS Ltd, Versova, Andheri West, Mumbai, MH, IND, 400061
Mukat Pipes Ltd is an India-based company that operates in the steel pipe business. The company is involved in the manufacturing of Longitudinal and Helical pipes. The products offered by the company include MS shells for Infrastructure, Longitudinal Submerged Arc Welded (SAW) pipes, Spiral SAW pipes, Site pipe fabrication, and Penstock pipes. It has a single primary business segment, which is Longitudinal and Helical Pipes. Geographically, the company operates in India.
46GF Score

Get the complete analysis for BOM:523832

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

₹17.13
Price
₹22.30
GF Value