Shipwaves Online (BOM:544646) PB Ratio: 0.48 (As of Aug. 08, 2026) — 35% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:544646 Shipwaves Online Ltd BOM:544646
16 GF Score
Price ₹2.91
! 7 Warning Signs
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What is Shipwaves Online PB Ratio?

Shipwaves Online BOM:544646 16 PB Ratio is 0.48 as of Aug. 08, 2026, which is 35% below its 10-year median of 0.74. GuruFocus rates BOM:544646 with a GF Score™ of 16/100. The stock has 7 warning signs investors should review. Among 964 Transportation companies, Shipwaves Online ranks better than 90.25% 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 (2026-08-08), Shipwaves Online's share price is ₹2.91. Shipwaves Online's Book Value per Share for the quarter that ended in Mar. 2026 was ₹6.02. Hence, Shipwaves Online's PB Ratio of today is 0.48.

Good Sign:

Shipwaves Online Ltd stock PB Ratio (=0.54) is close to 1-year low of 0.54.

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

BOM:544646' s PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.74   Max: 5.63
Current: 0.46

During the past 4 years, Shipwaves Online's highest PB Ratio was 5.63. The lowest was 0.46. And the median was 0.74.

BOM:544646's PB Ratio is ranked better than
90.25% of 964 companies
in the Transportation industry
Industry Median: 1.26 vs BOM:544646: 0.46

During the past 12 months, Shipwaves Online's average Book Value Per Share Growth Rate was 229.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 111.20% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Shipwaves Online was 111.20% per year. The lowest was 111.20% per year. And the median was 111.20% per year.

Back to Basics: PB Ratio


Shipwaves Online  (BOM:544646) 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.


Shipwaves Online PB Ratio Related Terms


Shipwaves Online PB Ratio Historical Data

* Premium members only.

The historical data trend for Shipwaves Online'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.

Shipwaves Online PB Ratio Chart

Shipwaves Online Annual Data
Trend Mar23 Mar24 Mar25 Mar26
PB Ratio
0.00 0.00 0.00 0.55

Shipwaves Online Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
PB Ratio 0.00 0.00 0.00 0.55

Shipwaves Online PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Shipwaves Online'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.


Shipwaves Online PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Shipwaves Online's PB Ratio distribution charts can be found below:

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


BOM:544646
16GF Score
Shipwaves Online Ltd BOM:544646
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Shipwaves Online 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.

Shipwaves Online's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2.91/6.02
=0.48

* 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 0.48 mean?
Shipwaves Online (BOM:544646) has a PB Ratio of 0.48 as of Aug. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shipwaves Online and its competitors. This is 35% below median its historical median of 0.74. Over the past decade, Shipwaves Online's PB Ratio has ranged from 0.46 to 5.63. According to the industry distribution chart, Shipwaves Online ranks #94 out of 964 companies in the Transportation industry, placing it in the top 9.8%.
Is Shipwaves Online's PB Ratio too high?
Shipwaves Online's current PB Ratio of 0.48 is 35% below median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 5.63. The Transportation industry median PB Ratio is 1.26. Shipwaves Online's value of 0.48 is 61.9% below this industry median. Based on the distribution chart, Shipwaves Online ranks #94 out of 964 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Shipwaves Online has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Shipwaves Online's PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Shipwaves Online ranks #94 out of 964 companies for PB Ratio. This places Shipwaves Online in the top 10% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.26. Shipwaves Online's value of 0.48 is 61.9% below this benchmark. Historically, Shipwaves Online's own PB Ratio has ranged from 0.46 to 5.63 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 1.26, Shipwaves Online 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 Transportation company?
The median PB Ratio among Transportation companies is 1.26, based on 964 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. Shipwaves Online's current PB Ratio of 0.48 is 61.9% 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 Shipwaves Online and its competitors. For the Transportation industry, the median PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shipwaves Online's current PB Ratio is 0.48, which is 35% below median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shipwaves Online stock overvalued right now?
Shipwaves Online (BOM:544646) has a current PB Ratio of 0.48. The current PB Ratio is 0.48, which is 35% below median its 10-year median of 0.74 and 61.9% below the Transportation industry median of 1.26. Shipwaves Online's overall GF Score™ is 16/100 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 Shipwaves Online (BOM:544646), the current PB Ratio is 0.48 as of Aug. 08, 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.

Shipwaves Online Business Description

Address 1st cross, Attavara, 18-2-16/4(3), 3rd Floor, Mukka Corporate House, Dakshina Kannada, Mangalore, KA, IND, 575001
Shipwaves Online Ltd presents itself as a comprehensive, single unified platform designed to meet its client's shipping and logistical needs. Its expertise spans across multimodal transportation solutions, offering seamless end-to-end support for shipments across Ocean, Land, and Air. The company's platform is built to offer real-time visibility, ensuring that clients have full transparency and control over their logistics operations from the point of origin to the final destination. The Company offers two primary service categories-Digital Freight Forwarding and Enterprise SaaS Solutions-each designed to meet the evolving needs of businesses in the logistics and supply chain industry. The company generates majority of its revenue from Ocean Shipment.
16GF Score

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

₹2.91
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