Indo SMC (BOM:544681) PB Ratio: 7.60 (As of Aug. 19, 2026) — 24% Above Median

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BOM:544681 Indo SMC Ltd BOM:544681
21 GF Score
Price ₹512.70
! 6 Warning Signs
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What is Indo SMC PB Ratio?

Indo SMC BOM:544681 -0.49% 21 PB Ratio is 7.60 as of Aug. 19, 2026, which is 24% above its 10-year median of 6.14. GuruFocus rates BOM:544681 with a GF Score™ of 21/100. The stock has 6 warning signs investors should review. Among 2,986 Industrial Products companies, Indo SMC ranks worse than 88.98% 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), Indo SMC's share price is ₹512.70. Indo SMC's Book Value per Share for the quarter that ended in Mar. 2026 was ₹67.43. Hence, Indo SMC's PB Ratio of today is 7.60.

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

BOM:544681' s PB Ratio Range Over the Past 10 Years
Min: 2.34   Med: 6.14   Max: 11.57
Current: 7.6

During the past 4 years, Indo SMC's highest PB Ratio was 11.57. The lowest was 2.34. And the median was 6.14.

BOM:544681's PB Ratio is ranked worse than
88.98% of 2986 companies
in the Industrial Products industry
Industry Median: 2.18 vs BOM:544681: 7.60

During the past 12 months, Indo SMC's average Book Value Per Share Growth Rate was 332.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 408.80% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Indo SMC was 408.80% per year. The lowest was 408.80% per year. And the median was 408.80% per year.

Back to Basics: PB Ratio


Indo SMC  (BOM:544681) 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.


Indo SMC PB Ratio Related Terms


Indo SMC PB Ratio Historical Data

* Premium members only.

The historical data trend for Indo SMC'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.

Indo SMC PB Ratio Chart

Indo SMC Annual Data
Trend Mar23 Mar24 Mar25 Mar26
PB Ratio
0.00 0.00 0.00 2.18

Indo SMC Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
PB Ratio 0.00 0.00 0.00 0.00 2.18

BOM:544681 vs VRT, BE: PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Indo SMC'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.


Indo SMC PB Ratio vs Industrial Products Industry

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

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


BOM:544681
21GF Score
Indo SMC Ltd BOM:544681
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo SMC 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.

Indo SMC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=512.70/67.432
=7.60

* 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 7.60 mean?
Indo SMC (BOM:544681) has a PB Ratio of 7.60 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 Indo SMC and its competitors. This is 24% above median its historical median of 6.14. Over the past decade, Indo SMC's PB Ratio has ranged from 2.34 to 11.57. According to the industry distribution chart, Indo SMC ranks #2657 out of 2986 companies in the Industrial Products industry, placing it in the top 89%.
Is Indo SMC's PB Ratio too high?
Indo SMC's current PB Ratio of 7.60 is 24% above median its 10-year median of 6.14. Over the past 10 years, this metric has ranged from a low of 2.34 to a high of 11.57. The Industrial Products industry median PB Ratio is 2.18. Indo SMC's value of 7.60 is 248.6% above this industry median. Based on the distribution chart, Indo SMC ranks #2657 out of 2986 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Indo SMC has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Indo SMC's PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Indo SMC ranks #2657 out of 2986 companies for PB Ratio. This places Indo SMC in the lower half of its industry. The industry median PB Ratio is 2.18. Indo SMC's value of 7.60 is 248.6% above this benchmark. Historically, Indo SMC's own PB Ratio has ranged from 2.34 to 11.57 over the past decade. While the company's 10-year median is 6.14 vs. the industry median of 2.18, Indo SMC 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 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. Indo SMC's current PB Ratio of 7.60 is 248.6% 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 Indo SMC 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. Indo SMC's current PB Ratio is 7.60, which is 24% above median its own 10-year median of 6.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo SMC stock overvalued right now?
Indo SMC (BOM:544681) has a current PB Ratio of 7.60. The current PB Ratio is 7.60, which is 24% above median its 10-year median of 6.14 and 248.6% above the Industrial Products industry median of 2.18. Indo SMC's overall GF Score™ is 21/100 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 Indo SMC (BOM:544681), the current PB Ratio is 7.60 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.

Indo SMC Business Description

Address 809, Shilp Zaveri Shyamal Cross Road, Vejalpur, Shyamal, Ahmedabad, GJ, IND, 380006
Indo SMC Ltd is engaged in the design and manufacture of multiple products catering to electrical, industrial, and infrastructural applications. Its business comprises of (i) sheet moulding compound division: manufacturing enclosure box for energy meters, SMC sheet and SMC chequered plates, (ii) fiberglass reinforced plastic: manufacturing grating plates, and (iii) electrical component division: manufacturing HTCT, HTPT, LTCT, feeder pillars and other power distribution and circuit protection switchgears. The company's offerings include SMC (Sheet Moulding Compound) products, FRP (Fibre Reinforced Polymer) products, and Current & Potential Transformers (CT/PTs). The majority of the comapny's revenue is derived from the sale of CT PT Products.
21GF Score

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

₹512.70
Price