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MSAFE EquipmentsBOM:544695 -0.24%21 PB Ratio is 4.80 as of Aug. 26, 2026, which is 23% above its 10-year median of 3.91. GuruFocus rates BOM:544695 with a GF Score™ of 21/100. The stock has 6 warning signs investors should review. Among 2,361 Metals & Mining companies, MSAFE Equipments ranks worse than 73.02% 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 (2026-08-26), MSAFE Equipments's share price is ₹230.50. MSAFE Equipments's Book Value per Share for the quarter that ended in Mar. 2026 was ₹48.04. Hence, MSAFE Equipments's PB Ratio of today is 4.80.
The historical rank and industry rank for MSAFE Equipments's PB Ratio or its related term are showing as below:
BOM:544695'
s PB Ratio Range Over the Past 10 Years
Min: 2.42 Med: 3.91 Max: 11.05
Current: 4.8
During the past 4 years, MSAFE Equipments's highest PB Ratio was 11.05. The lowest was 2.42. And the median was 3.91.
BOM:544695's PB Ratio is ranked worse than 73.02% of 2361
companies
in the Metals & Mining industry
Industry Median: 2.43
vs BOM:544695: 4.80
During the past 12 months, MSAFE Equipments's average Book Value Per Share Growth Rate was 282.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 152.50% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of MSAFE Equipments was 152.50% per year. The lowest was 152.50% per year. And the median was 152.50% 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.
MSAFE Equipments PB Ratio Related Terms
MSAFE Equipments PB Ratio Historical Data
* Premium members only.
The historical data trend for MSAFE Equipments'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.
MSAFE Equipments PB Ratio Chart
MSAFE Equipments Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
PB Ratio
0.00
0.00
0.00
2.41
MSAFE Equipments Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
PB Ratio
0.00
0.00
0.00
0.00
2.41
BOM:544695 vs AA: PB Ratio Comparison
For the Aluminum subindustry, MSAFE Equipments'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.
MSAFE Equipments PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MSAFE Equipments's PB Ratio distribution charts can be found below:
* The bar in red indicates where MSAFE Equipments's PB Ratio falls into.
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.
MSAFE Equipments (BOM:544695) has a PB Ratio of 4.80 as of Aug. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MSAFE Equipments and its competitors. This is 23% above median its historical median of 3.91. Over the past decade, MSAFE Equipments' PB Ratio has ranged from 2.42 to 11.05. According to the industry distribution chart, MSAFE Equipments ranks #1724 out of 2361 companies in the Metals & Mining industry, placing it in the top 73%.
Is MSAFE Equipments' PB Ratio too high?
MSAFE Equipments' current PB Ratio of 4.80 is 23% above median its 10-year median of 3.91. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 11.05. The Metals & Mining industry median PB Ratio is 2.43. MSAFE Equipments' value of 4.80 is 97.5% above this industry median. Based on the distribution chart, MSAFE Equipments ranks #1724 out of 2361 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, MSAFE Equipments has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does MSAFE Equipments' PB Ratio compare to AA?
According to the Metals & Mining industry distribution chart, MSAFE Equipments ranks #1724 out of 2361 companies for PB Ratio. This places MSAFE Equipments in the lower half of its industry. The industry median PB Ratio is 2.43. MSAFE Equipments' value of 4.80 is 97.5% above this benchmark. Historically, MSAFE Equipments' own PB Ratio has ranged from 2.42 to 11.05 over the past decade. While the company's 10-year median is 3.91 vs. the industry median of 2.43, MSAFE Equipments 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 Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.43, based on 2,361 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. MSAFE Equipments's current PB Ratio of 4.80 is 97.5% 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 MSAFE Equipments and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MSAFE Equipments's current PB Ratio is 4.80, which is 23% above median its own 10-year median of 3.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSAFE Equipments stock overvalued right now?
MSAFE Equipments (BOM:544695) has a current PB Ratio of 4.80. The current PB Ratio is 4.80, which is 23% above median its 10-year median of 3.91 and 97.5% above the Metals & Mining industry median of 2.43. MSAFE Equipments' 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 MSAFE Equipments (BOM:544695), the current PB Ratio is 4.80 as of Aug. 26, 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.
MSAFE Equipments Ltd is engaged in the business of manufacturing, sales and rental of access and height-safety equipments, used to facilitate safe working at heights. Its product portfolio includes aluminium scaffoldings, mild steel (MS) scaffoldings, aluminium ladders and fibre reinforced plastic ladders, which are designed to meet varied operational and safety requirements across construction, maintenance, installation, repair and infrastructure development activities. The company offers various types of aluminium scaffoldings such as stairway, narrow-width, extra reach, podium, cantilever, and bridge sections.
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