Shining Tools (BOM:544607) PB Ratio: 2.14 (As of Aug. 19, 2026) — 16% Below Median

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BOM:544607 Shining Tools Ltd BOM:544607
20 GF Score
Price ₹98.00
! 3 Warning Signs
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What is Shining Tools PB Ratio?

Shining Tools BOM:544607 20 PB Ratio is 2.14 as of Aug. 19, 2026, which is 16% below its 10-year median of 2.56. GuruFocus rates BOM:544607 with a GF Score™ of 20/100. The stock has 3 warning signs investors should review. Among 2,986 Industrial Products companies, Shining Tools ranks better than 50.67% 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 (2026-08-19), Shining Tools's share price is ₹98.00. Shining Tools's Book Value per Share for the quarter that ended in Mar. 2026 was ₹45.71. Hence, Shining Tools's PB Ratio of today is 2.14.

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

BOM:544607' s PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 2.56   Max: 6.8
Current: 2.14

During the past 4 years, Shining Tools's highest PB Ratio was 6.80. The lowest was 1.02. And the median was 2.56.

BOM:544607's PB Ratio is ranked better than
50.67% of 2986 companies
in the Industrial Products industry
Industry Median: 2.18 vs BOM:544607: 2.14

During the past 12 months, Shining Tools's average Book Value Per Share Growth Rate was 214.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 133.90% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Shining Tools was 133.90% per year. The lowest was 133.90% per year. And the median was 133.90% per year.

Back to Basics: PB Ratio


Shining Tools  (BOM:544607) 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.


Shining Tools PB Ratio Related Terms


Shining Tools PB Ratio Historical Data

* Premium members only.

The historical data trend for Shining Tools'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.

Shining Tools PB Ratio Chart

Shining Tools Annual Data
Trend Mar23 Mar24 Mar25 Mar26
PB Ratio
0.00 0.00 0.00 0.84

Shining Tools Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
PB Ratio 0.00 0.00 0.00 0.84

BOM:544607 vs SNA, RBC, SWK: PB Ratio Comparison

For the Tools & Accessories subindustry, Shining Tools'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.


Shining Tools PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shining Tools's PB Ratio distribution charts can be found below:

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


BOM:544607
20GF Score
Shining Tools Ltd BOM:544607
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shining Tools 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.

Shining Tools's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=98.00/45.708
=2.14

* 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 2.14 mean?
Shining Tools (BOM:544607) has a PB Ratio of 2.14 as of Aug. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shining Tools and its competitors. This is 16% below median its historical median of 2.56. Over the past decade, Shining Tools' PB Ratio has ranged from 1.02 to 6.80. According to the industry distribution chart, Shining Tools ranks #1473 out of 2986 companies in the Industrial Products industry, placing it in the top 49.3%.
Is Shining Tools' PB Ratio too high?
Shining Tools' current PB Ratio of 2.14 is 16% below median its 10-year median of 2.56. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 6.80. The Industrial Products industry median PB Ratio is 2.18. Shining Tools' value of 2.14 is 1.8% below this industry median. Based on the distribution chart, Shining Tools ranks #1473 out of 2986 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Shining Tools has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Shining Tools' PB Ratio compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Shining Tools ranks #1473 out of 2986 companies for PB Ratio. This puts Shining Tools in the upper half of its industry. The industry median PB Ratio is 2.18. Shining Tools' value of 2.14 is 1.8% below this benchmark. Historically, Shining Tools' own PB Ratio has ranged from 1.02 to 6.80 over the past decade. While the company's 10-year median is 2.56 vs. the industry median of 2.18, Shining Tools 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.18, based on 2,986 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. Shining Tools's current PB Ratio of 2.14 is 1.8% 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 Shining Tools and its competitors. For the Industrial Products industry, the median PB Ratio is 2.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shining Tools's current PB Ratio is 2.14, which is 16% below median its own 10-year median of 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shining Tools stock overvalued right now?
Shining Tools (BOM:544607) has a current PB Ratio of 2.14. The current PB Ratio is 2.14, which is 16% below median its 10-year median of 2.56 and 1.8% below the Industrial Products industry median of 2.18. Shining Tools' overall GF Score™ is 20/100 with 3 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 Shining Tools (BOM:544607), the current PB Ratio is 2.14 as of Aug. 19, 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.

Shining Tools Business Description

Address Gondal Highway, Survey no. 63/2, Plot No. 2, Pipaliya, Gondal, Rajkot, GJ, IND, 360 311
Shining Tools Ltd is engaged in the designing and manufacturing of high-performance solid carbide cutting tools catering to various industries in India. Additionally, the company provides reconditioning services for used tools, ensuring their extended usability and performance. It is engaged in producing a wide range of high-performance cutting tools, including end mills, thread mills, drills, and reamers, offering tooling solutions for modern manufacturing needs. The company derives the majority of its revenue from the manufacturing of customized tools.
20GF Score

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

₹98.00
Price