Shanti Spintex (BOM:544059) PB Ratio: 0.58 (As of Aug. 18, 2026) — 50% Below Median

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BOM:544059 Shanti Spintex Ltd BOM:544059
43 GF Score
Price ₹36.55
! 5 Warning Signs
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What is Shanti Spintex PB Ratio?

Shanti Spintex BOM:544059 43 PB Ratio is 0.58 as of Aug. 18, 2026, which is 50% below its 10-year median of 1.17. GuruFocus rates BOM:544059 with a GF Score™ of 43/100. The stock has 5 warning signs investors should review. Among 1,003 Manufacturing - Apparel & Accessories companies, Shanti Spintex ranks better than 76.17% 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 (2026-08-18), Shanti Spintex's share price is ₹36.55. Shanti Spintex's Book Value per Share for the quarter that ended in Mar. 2026 was ₹62.62. Hence, Shanti Spintex's PB Ratio of today is 0.58.

Good Sign:

Shanti Spintex Ltd stock PB Ratio (=0.58) is close to 3-year low of 0.56.

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

BOM:544059' s PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.17   Max: 2.74
Current: 0.58

During the past 6 years, Shanti Spintex's highest PB Ratio was 2.74. The lowest was 0.56. And the median was 1.17.

BOM:544059's PB Ratio is ranked better than
76.17% of 1003 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11 vs BOM:544059: 0.58

During the past 12 months, Shanti Spintex's average Book Value Per Share Growth Rate was 9.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.40% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Shanti Spintex was 27.90% per year. The lowest was 23.50% per year. And the median was 27.90% per year.

Back to Basics: PB Ratio


Shanti Spintex  (BOM:544059) 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.


Shanti Spintex PB Ratio Related Terms


Shanti Spintex PB Ratio Historical Data

* Premium members only.

The historical data trend for Shanti Spintex'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.

Shanti Spintex PB Ratio Chart

Shanti Spintex Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.97 0.98 0.77

Shanti Spintex Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only 0.97 1.25 0.98 1.07 0.77

Shanti Spintex PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Shanti Spintex'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.


Shanti Spintex PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanti Spintex's PB Ratio distribution charts can be found below:

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


BOM:544059
43GF Score
Shanti Spintex Ltd BOM:544059
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanti Spintex 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.

Shanti Spintex's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=36.55/62.619
=0.58

* 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 0.58 mean?
Shanti Spintex (BOM:544059) has a PB Ratio of 0.58 as of Aug. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shanti Spintex and its competitors. This is 50% below median its historical median of 1.17. Over the past decade, Shanti Spintex's PB Ratio has ranged from 0.56 to 2.74. According to the industry distribution chart, Shanti Spintex ranks #239 out of 1003 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 23.8%.
Is Shanti Spintex's PB Ratio too high?
Shanti Spintex's current PB Ratio of 0.58 is 50% below median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 2.74. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.11. Shanti Spintex's value of 0.58 is 47.7% below this industry median. Based on the distribution chart, Shanti Spintex ranks #239 out of 1003 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Shanti Spintex has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Spintex's PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shanti Spintex ranks #239 out of 1003 companies for PB Ratio. This places Shanti Spintex in the top 24% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.11. Shanti Spintex's value of 0.58 is 47.7% below this benchmark. Historically, Shanti Spintex's own PB Ratio has ranged from 0.56 to 2.74 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.11, Shanti Spintex 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.11, based on 1,003 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. Shanti Spintex's current PB Ratio of 0.58 is 47.7% 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 Shanti Spintex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanti Spintex's current PB Ratio is 0.58, which is 50% below median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Spintex stock overvalued right now?
Shanti Spintex (BOM:544059) has a current PB Ratio of 0.58. The current PB Ratio is 0.58, which is 50% below median its 10-year median of 1.17 and 47.7% below the Manufacturing - Apparel & Accessories industry median of 1.11. Shanti Spintex's overall GF Score™ is 43/100 with 5 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 Shanti Spintex (BOM:544059), the current PB Ratio is 0.58 as of Aug. 18, 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.

Shanti Spintex Business Description

Address Ambli Bopal Road, A -1601, Navratna Corporate Park, Ahmedabad, GJ, IND, 380058
Shanti Spintex Ltd is engaged in the Manufacturing and selling of Cotton Yarn and Fabrics. It manufactures various types of denim fabrics such as power stretch spandex denim, knit denim, lightweight denim, rigid denim, over-dyed denim, and flat finish 3/1 denim and also offers denim fabrics in a diverse spectrum of shades such as indigo blue, IBST, sulphur black, sulphur grey, etc. The Company's operations encompass the utilization of diverse types of yarns such as cotton yarn, ring yarn, viscose yarn, slub yarn, cotton spandex, polyester spandex, tencel, lyocell, etc. The Company is currently organized into two operating activities - 1. Textile Manufacturing and 2. Windmill Operations. The company generates the majority of its revenue from the Textile segment.
43GF Score

Get the complete analysis for BOM:544059

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

₹36.55
Price