Cochin Shipyard (BOM:540678) PB Ratio: 6.72 (As of Aug. 13, 2026) — 269% Above Median

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BOM:540678 Cochin Shipyard Ltd BOM:540678
90 GF Score
Price ₹1,501.00
GF Value ₹1,721.27
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Cochin Shipyard PB Ratio?

Cochin Shipyard BOM:540678 -0.57% 90 PB Ratio is 6.72 as of Aug. 13, 2026, which is 269% above its 10-year median of 1.82. GuruFocus rates BOM:540678 with a GF Score™ of 90/100 and a GF Value™ of ₹1,721.27 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 342 Aerospace & Defense companies, Cochin Shipyard ranks worse than 74.27% 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 (2026-08-13), Cochin Shipyard's share price is ₹1501.00. Cochin Shipyard's Book Value per Share for the quarter that ended in Mar. 2026 was ₹223.23. Hence, Cochin Shipyard's PB Ratio of today is 6.72.

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

BOM:540678' s PB Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.82   Max: 11.63
Current: 6.72

During the past 13 years, Cochin Shipyard's highest PB Ratio was 11.63. The lowest was 0.79. And the median was 1.82.

BOM:540678's PB Ratio is ranked worse than
74.27% of 342 companies
in the Aerospace & Defense industry
Industry Median: 3.73 vs BOM:540678: 6.72

During the past 12 months, Cochin Shipyard'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 9.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cochin Shipyard was 27.70% per year. The lowest was 5.90% per year. And the median was 10.40% per year.

Back to Basics: PB Ratio


Cochin Shipyard  (BOM:540678) 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.


Cochin Shipyard PB Ratio Related Terms


Cochin Shipyard PB Ratio Historical Data

* Premium members only.

The historical data trend for Cochin Shipyard'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.

Cochin Shipyard PB Ratio Chart

Cochin Shipyard 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 0.88 1.41 4.58 6.63 5.35

Cochin Shipyard 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 6.63 0.00 8.26 0.00 5.35

BOM:540678 vs SPCX, GE, RTX: PB Ratio Comparison

For the Aerospace & Defense subindustry, Cochin Shipyard'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.


Cochin Shipyard PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cochin Shipyard's PB Ratio distribution charts can be found below:

* The bar in red indicates where Cochin Shipyard's PB Ratio falls into.


BOM:540678
90GF Score
Cochin Shipyard Ltd BOM:540678
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cochin Shipyard 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.

Cochin Shipyard's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1501.00/223.23
=6.72

* 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 6.72 mean?
Cochin Shipyard (BOM:540678) has a PB Ratio of 6.72 as of Aug. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cochin Shipyard and its competitors. This is 269% above median its historical median of 1.82. Over the past decade, Cochin Shipyard's PB Ratio has ranged from 0.79 to 11.63. According to the industry distribution chart, Cochin Shipyard ranks #254 out of 342 companies in the Aerospace & Defense industry, placing it in the top 74.3%.
Is Cochin Shipyard's PB Ratio too high?
Cochin Shipyard's current PB Ratio of 6.72 is 269% above median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 11.63. The Aerospace & Defense industry median PB Ratio is 3.73. Cochin Shipyard's value of 6.72 is 80.2% above this industry median. Based on the distribution chart, Cochin Shipyard ranks #254 out of 342 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Cochin Shipyard has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cochin Shipyard's PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Cochin Shipyard ranks #254 out of 342 companies for PB Ratio. This places Cochin Shipyard in the lower half of its industry. The industry median PB Ratio is 3.73. Cochin Shipyard's value of 6.72 is 80.2% above this benchmark. Historically, Cochin Shipyard's own PB Ratio has ranged from 0.79 to 11.63 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 3.73, Cochin Shipyard has consistently been above 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 Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.73, based on 342 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. Cochin Shipyard's current PB Ratio of 6.72 is 80.2% above 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 Cochin Shipyard and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cochin Shipyard's current PB Ratio is 6.72, which is 269% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cochin Shipyard stock overvalued right now?
Based on GuruFocus' analysis, Cochin Shipyard (BOM:540678) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,721.27, compared to a current price of ₹1,501.00 — trading 12.8% below its estimated fair value. The current PB Ratio is 6.72, which is 269% above median its 10-year median of 1.82 and 80.2% above the Aerospace & Defense industry median of 3.73. Cochin Shipyard's overall GF Score™ is 90/100 with 6 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 Cochin Shipyard (BOM:540678), the current PB Ratio is 6.72 as of Aug. 13, 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 Cochin Shipyard (BOM:540678) Overvalued in 2026?

Based on GuruFocus' analysis, Cochin Shipyard stock appears to be undervalued. The current stock price of ₹1,501.00 is trading 12.8% below its estimated GF Value™ of ₹1,721.27. GuruFocus considers Cochin Shipyard to be Modestly Undervalued.

Key valuation signals for BOM:540678:

  • PB Ratio: 6.72 (269% above median its 10-year median of 1.82)
  • GF Value™: ₹1,721.27 vs. price of ₹1,501.00 (12.8% below fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 80.2% above the Aerospace & Defense median (#254 of 342)

No single metric tells the full story. See the BOM:540678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cochin Shipyard Business Description

Other Exchanges COCHINSHIP:India
Address Administrative Building, Cochin Shipyard Premises, Perumanoor, Ernakulam, Kochi, KL, IND, 682 015
Cochin Shipyard Ltd is an Indian-based company engaged in the business activities of Shipbuilding and Ship repair. The company has two operating segments, namely, Shipbuilding and Repair of Ships/Offshore Structures. It generates maximum revenue from the Shipbuilding segment. The Shipbuilding segment offers products such as Oil Tankers, Bulk Carriers, Electric Passenger Ferries, Pax Vessels, Tugs, Aircraft Carriers, Pollution Control Vessels, and many more. The Ship repair segment includes maintenance and repair of all types of vessels including Tankers, Bulk Carriers, Aircraft Carriers, Defense Vessels, and all kinds of Commercial and Specialized vessels.
90GF Score

Get the complete analysis for BOM:540678

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

₹1,501.00
Price
₹1,721.27
GF Value