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Ratnaveer Precision Engineering Ltd stock PB Ratio (=2.09) is close to 1-year high of 2.09.
The historical rank and industry rank for Ratnaveer Precision Engineering's PB Ratio or its related term are showing as below:
BOM:543978'
s PB Ratio Range Over the Past 10 Years
Min: 1.42 Med: 2.31 Max: 3.96
Current: 2.09
During the past 7 years, Ratnaveer Precision Engineering's highest PB Ratio was 3.96. The lowest was 1.42. And the median was 2.31.
BOM:543978's PB Ratio is ranked worse than 78.65% of 609
companies
in the Steel industry
Industry Median: 0.97
vs BOM:543978: 2.09
During the past 12 months, Ratnaveer Precision Engineering's average Book Value Per Share Growth Rate was 40.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 65.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 60.00% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Ratnaveer Precision Engineering was 72.60% per year. The lowest was 27.60% per year. And the median was 64.85% per year.
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.
Ratnaveer Precision Engineering PB Ratio Related Terms
Ratnaveer Precision Engineering PB Ratio Historical Data
* 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 Steel subindustry, Ratnaveer Precision Engineering'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.
Ratnaveer Precision Engineering PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Ratnaveer Precision Engineering's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ratnaveer Precision Engineering's PB Ratio falls into.
Ratnaveer Precision Engineering 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.
* 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.
Ratnaveer Precision Engineering (BOM:543978) has a PB Ratio of 2.09 as of Aug. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ratnaveer Precision Engineering and its competitors. This is 10% below median its historical median of 2.31. Over the past decade, Ratnaveer Precision Engineering's PB Ratio has ranged from 1.42 to 3.96. According to the industry distribution chart, Ratnaveer Precision Engineering ranks #479 out of 609 companies in the Steel industry, placing it in the top 78.7%.
Is Ratnaveer Precision Engineering's PB Ratio too high?
Ratnaveer Precision Engineering's current PB Ratio of 2.09 is 10% below median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 3.96. The Steel industry median PB Ratio is 0.97. Ratnaveer Precision Engineering's value of 2.09 is 115.5% above this industry median. Based on the distribution chart, Ratnaveer Precision Engineering ranks #479 out of 609 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Ratnaveer Precision Engineering has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ratnaveer Precision Engineering's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Ratnaveer Precision Engineering ranks #479 out of 609 companies for PB Ratio. This places Ratnaveer Precision Engineering in the lower half of its industry. The industry median PB Ratio is 0.97. Ratnaveer Precision Engineering's value of 2.09 is 115.5% above this benchmark. Historically, Ratnaveer Precision Engineering's own PB Ratio has ranged from 1.42 to 3.96 over the past decade. While the company's 10-year median is 2.31 vs. the industry median of 0.97, Ratnaveer Precision Engineering 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 Steel company?
The median PB Ratio among Steel companies is 0.97, based on 609 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. Ratnaveer Precision Engineering's current PB Ratio of 2.09 is 115.5% 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 Ratnaveer Precision Engineering 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. Ratnaveer Precision Engineering's current PB Ratio is 2.09, which is 10% below median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratnaveer Precision Engineering stock overvalued right now?
Based on GuruFocus' analysis, Ratnaveer Precision Engineering (BOM:543978) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹180.23, compared to a current price of ₹205.85 — trading 14.2% above its estimated fair value. The current PB Ratio is 2.09, which is 10% below median its 10-year median of 2.31 and 115.5% above the Steel industry median of 0.97. Ratnaveer Precision Engineering's overall GF Score™ is 65/100 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 Ratnaveer Precision Engineering (BOM:543978), the current PB Ratio is 2.09 as of Aug. 09, 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 Ratnaveer Precision Engineering (BOM:543978) Overvalued in 2026?
Based on GuruFocus' analysis, Ratnaveer Precision Engineering stock appears to be overvalued.
The current stock price of ₹205.85 is trading 14.2% above its estimated GF Value™ of ₹180.23.
GuruFocus considers Ratnaveer Precision Engineering to be Modestly Overvalued.
Key valuation signals for BOM:543978:
PB Ratio: 2.09 (10% below median its 10-year median of 2.31)
GF Value™: ₹180.23 vs. price of ₹205.85 (14.2% above fair value)
Industry Position: 115.5% above the Steel median (#479 of 609)
No single metric tells the full story. See the BOM:543978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ratnaveer Precision Engineering Ltd is a stainless steel (SS) product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes and tubes. It manufactures finishing sheets, washers, and solar mounting hooks at Unit I and SS pipes & tubes at Unit II. Unit III and Unit IV are dedicated to the backward integration process where Unit III is the melting unit where the company melts steel scrap and turns it into steel ingots and Unit IV is the rolling unit where flat ingots are further processed to turn them into sheets which are the raw material for washers. Geographically, the company derives a majority of its revenue from its customers within India, and the rest from countries like Germany, Italy, Sweden, Austria, France, and others through exports.
65GF Score
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