CWD (BOM:543378) PB Ratio: 5.93 (As of Aug. 05, 2026) — 90% Below 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:543378 CWD Ltd BOM:543378
69 GF Score
Price ₹301.95
GF Value ₹4,309.66
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is CWD PB Ratio?

CWD BOM:543378 -2.11% 69 PB Ratio is 5.93 as of Aug. 05, 2026, which is 90% below its 10-year median of 60.89. GuruFocus rates BOM:543378 with a GF Score™ of 69/100 and a GF Value™ of ₹4,309.66 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,418 Hardware companies, CWD ranks worse than 82.8% 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 (2026-08-05), CWD's share price is ₹301.95. CWD's Book Value per Share for the quarter that ended in Mar. 2026 was ₹50.89. Hence, CWD's PB Ratio of today is 5.93.

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

BOM:543378' s PB Ratio Range Over the Past 10 Years
Min: 5.22   Med: 60.89   Max: 211.33
Current: 6.19

During the past 7 years, CWD's highest PB Ratio was 211.33. The lowest was 5.22. And the median was 60.89.

BOM:543378's PB Ratio is ranked worse than
82.8% of 2418 companies
in the Hardware industry
Industry Median: 2.26 vs BOM:543378: 6.19

During the past 12 months, CWD's average Book Value Per Share Growth Rate was 65.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 61.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 62.20% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of CWD was 67.20% per year. The lowest was 41.20% per year. And the median was 61.30% per year.

Back to Basics: PB Ratio


CWD  (BOM:543378) 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.


CWD PB Ratio Related Terms


CWD PB Ratio Historical Data

* Premium members only.

The historical data trend for CWD'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.

CWD PB Ratio Chart

CWD Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 58.43 139.30 40.90 29.83 5.58

CWD Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.90 44.81 29.83 46.84 5.58

BOM:543378 vs APH, GLW, TEL: PB Ratio Comparison

For the Electronic Components subindustry, CWD'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.


CWD PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, CWD's PB Ratio distribution charts can be found below:

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


BOM:543378
69GF Score
CWD Ltd BOM:543378
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CWD 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.

CWD's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=301.95/50.891
=5.93

* 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 5.93 mean?
CWD (BOM:543378) has a PB Ratio of 5.93 as of Aug. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on CWD and its competitors. This is 90% below median its historical median of 60.89. Over the past decade, CWD's PB Ratio has ranged from 5.22 to 211.33. According to the industry distribution chart, CWD ranks #2002 out of 2418 companies in the Hardware industry, placing it in the top 82.8%.
Is CWD's PB Ratio too high?
CWD's current PB Ratio of 5.93 is 90% below median its 10-year median of 60.89. Over the past 10 years, this metric has ranged from a low of 5.22 to a high of 211.33. The Hardware industry median PB Ratio is 2.26. CWD's value of 5.93 is 162.4% above this industry median. Based on the distribution chart, CWD ranks #2002 out of 2418 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, CWD has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CWD's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, CWD ranks #2002 out of 2418 companies for PB Ratio. This places CWD in the lower half of its industry. The industry median PB Ratio is 2.26. CWD's value of 5.93 is 162.4% above this benchmark. Historically, CWD's own PB Ratio has ranged from 5.22 to 211.33 over the past decade. While the company's 10-year median is 60.89 vs. the industry median of 2.26, CWD 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 a Hardware company?
The median PB Ratio among Hardware companies is 2.26, based on 2,418 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. CWD's current PB Ratio of 5.93 is 162.4% 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 CWD and its competitors. For the Hardware industry, the median PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CWD's current PB Ratio is 5.93, which is 90% below median its own 10-year median of 60.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CWD stock overvalued right now?
Based on GuruFocus' analysis, CWD (BOM:543378) is currently considered Possible Value Trap. The stock's GF Value™ is ₹4,309.66, compared to a current price of ₹301.95 — trading 93% below its estimated fair value. The current PB Ratio is 5.93, which is 90% below median its 10-year median of 60.89 and 162.4% above the Hardware industry median of 2.26. CWD's overall GF Score™ is 69/100 with 7 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 CWD (BOM:543378), the current PB Ratio is 5.93 as of Aug. 05, 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 CWD (BOM:543378) Overvalued in 2026?

Based on GuruFocus' analysis, CWD stock appears to be undervalued. The current stock price of ₹301.95 is trading 93% below its estimated GF Value™ of ₹4,309.66. GuruFocus considers CWD to be Possible Value Trap.

Key valuation signals for BOM:543378:

  • PB Ratio: 5.93 (90% below median its 10-year median of 60.89)
  • GF Value™: ₹4,309.66 vs. price of ₹301.95 (93% below fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 162.4% above the Hardware median (#2002 of 2418)

No single metric tells the full story. See the BOM:543378 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CWD Business Description

Address Plot No. 439, Kalbadevi Road, Hasham Premji Building, 101, 1st Floor, Marine Lines, Mumbai, MH, IND, 400 002
CWD Ltd is an Information and Communication Technology (ICT) company specializing in designing, developing, manufacturing, and selling integrated wireless technology solutions. The company focuses on wireless communication technologies including NFC, Bluetooth BLE, Wi-Fi, Zigbee, LoRa, 5G LTE, NB-IoT, and LTE CAT M1. Its diversified product portfolio includes smart medical consumer electronics, vaccine tracking and delivery devices, farm cattle tracking systems, smart power meter electronics, employee safety and identity solutions, smart lighting components, and Bluetooth low energy modules. CWD also has subsidiaries and has expanded its footprint through acquisitions. CWD operates in two prominent segments, Consumer Electronics and Design and Development of Technology Solutions.
69GF Score

Get the complete analysis for BOM:543378

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

₹301.95
Price
₹4,309.66
GF Value