Ashirwad Steels & Industries (BOM:526847) PB Ratio: 0.33 (As of Aug. 06, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:526847 Ashirwad Steels & Industries Ltd BOM:526847
28 GF Score
Price ₹22.77
! 1 Warning Sign
View Full Analysis

What is Ashirwad Steels & Industries PB Ratio?

Ashirwad Steels & Industries BOM:526847 -0.09% 28 PB Ratio is 0.33 as of Aug. 06, 2026, which is at its 10-year median of 0.33. GuruFocus rates BOM:526847 with a GF Score™ of 28/100. The stock has 1 warning sign investors should review. Among 610 Steel companies, Ashirwad Steels & Industries ranks better than 88.2% 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 (2026-08-06), Ashirwad Steels & Industries's share price is ₹22.77. Ashirwad Steels & Industries's Book Value per Share for the quarter that ended in Mar. 2026 was ₹68.11. Hence, Ashirwad Steels & Industries's PB Ratio of today is 0.33.

The historical rank and industry rank for Ashirwad Steels & Industries's PB Ratio or its related term are showing as below:

BOM:526847' s PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.33   Max: 1
Current: 0.33

During the past 13 years, Ashirwad Steels & Industries's highest PB Ratio was 1.00. The lowest was 0.08. And the median was 0.33.

BOM:526847's PB Ratio is ranked better than
88.2% of 610 companies
in the Steel industry
Industry Median: 0.97 vs BOM:526847: 0.33

During the past 12 months, Ashirwad Steels & Industries's average Book Value Per Share Growth Rate was 2.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ashirwad Steels & Industries was 12.70% per year. The lowest was -1.50% per year. And the median was 1.80% per year.

Back to Basics: PB Ratio


Ashirwad Steels & Industries  (BOM:526847) 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.


Ashirwad Steels & Industries PB Ratio Related Terms


Ashirwad Steels & Industries PB Ratio Historical Data

* Premium members only.

The historical data trend for Ashirwad Steels & Industries'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.

Ashirwad Steels & Industries PB Ratio Chart

Ashirwad Steels & Industries 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 0.32 0.30 0.60 0.47 0.25

Ashirwad Steels & Industries 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 0.47 0.00 0.46 0.00 0.25

BOM:526847 vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, Ashirwad Steels & Industries'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.


Ashirwad Steels & Industries PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Ashirwad Steels & Industries's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ashirwad Steels & Industries's PB Ratio falls into.


BOM:526847
28GF Score
Ashirwad Steels & Industries Ltd BOM:526847
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ashirwad Steels & Industries 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.

Ashirwad Steels & Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=22.77/68.107
=0.33

* 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 0.33 mean?
Ashirwad Steels & Industries (BOM:526847) has a PB Ratio of 0.33 as of Aug. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ashirwad Steels & Industries and its competitors. This is near median its historical median of 0.33. Over the past decade, Ashirwad Steels & Industries' PB Ratio has ranged from 0.08 to 1.00. According to the industry distribution chart, Ashirwad Steels & Industries ranks #72 out of 610 companies in the Steel industry, placing it in the top 11.8%.
Is Ashirwad Steels & Industries' PB Ratio too high?
Ashirwad Steels & Industries' current PB Ratio of 0.33 is near median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.00. The Steel industry median PB Ratio is 0.97. Ashirwad Steels & Industries' value of 0.33 is 66% below this industry median. Based on the distribution chart, Ashirwad Steels & Industries ranks #72 out of 610 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Ashirwad Steels & Industries has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Ashirwad Steels & Industries' PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Ashirwad Steels & Industries ranks #72 out of 610 companies for PB Ratio. This places Ashirwad Steels & Industries in the top 12% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.97. Ashirwad Steels & Industries' value of 0.33 is 66% below this benchmark. Historically, Ashirwad Steels & Industries' own PB Ratio has ranged from 0.08 to 1.00 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.97, Ashirwad Steels & Industries 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 Steel company?
The median PB Ratio among Steel companies is 0.97, based on 610 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. Ashirwad Steels & Industries's current PB Ratio of 0.33 is 66% 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 Ashirwad Steels & Industries and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashirwad Steels & Industries's current PB Ratio is 0.33, which is near median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashirwad Steels & Industries stock overvalued right now?
Ashirwad Steels & Industries (BOM:526847) has a current PB Ratio of 0.33. The current PB Ratio is 0.33, which is near median its 10-year median of 0.33 and 66% below the Steel industry median of 0.97. Ashirwad Steels & Industries' overall GF Score™ is 28/100 with 1 warning sign 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 Ashirwad Steels & Industries (BOM:526847), the current PB Ratio is 0.33 as of Aug. 06, 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.

Ashirwad Steels & Industries Business Description

Address 6, Waterloo Street, 5th Floor, Suite No. 506, Kolkata, WB, IND, 700069
Ashirwad Steels & Industries Ltd is an Indian company, currently engaged in lending funds and investing in shares and securities.
28GF Score

Get the complete analysis for BOM:526847

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

₹22.77
Price