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Solve Plastic ProductsNSE:BALCO 7 PB Ratio is 0.83 as of Jul. 30, 2026, which is 37% below its 10-year median of 1.31. GuruFocus rates NSE:BALCO with a GF Score™ of 7/100. The stock has 2 warning signs investors should review. Among 2,981 Industrial Products companies, Solve Plastic Products ranks better than 81.75% on this metric.
The historical rank and industry rank for Solve Plastic Products's PB Ratio or its related term are showing as below:
NSE:BALCO'
s PB Ratio Range Over the Past 10 Years
Min: 0.62 Med: 1.31 Max: 10.64
Current: 0.83
During the past 5 years, Solve Plastic Products's highest PB Ratio was 10.64. The lowest was 0.62. And the median was 1.31.
NSE:BALCO's PB Ratio is ranked better than 81.75% of 2981
companies
in the Industrial Products industry
Industry Median: 2.05
vs NSE:BALCO: 0.83
During the past 12 months, Solve Plastic Products's average Book Value Per Share Growth Rate was -18.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 139.90% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Solve Plastic Products was 139.90% per year. The lowest was 57.20% per year. And the median was 98.55% per year.
Back to Basics: PB Ratio
Solve Plastic Products (NSE:BALCO) PB Ratio Explanation
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.
* 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.
For the Electrical Equipment & Parts subindustry, Solve Plastic Products'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.
Solve Plastic Products PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Solve Plastic Products's PB Ratio distribution charts can be found below:
* The bar in red indicates where Solve Plastic Products'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.
Solve Plastic Products (NSE:BALCO) has a PB Ratio of 0.83 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Solve Plastic Products and its competitors. This is 37% below median its historical median of 1.31. Over the past decade, Solve Plastic Products' PB Ratio has ranged from 0.62 to 10.64. According to the industry distribution chart, Solve Plastic Products ranks #544 out of 2981 companies in the Industrial Products industry, placing it in the top 18.2%.
Is Solve Plastic Products' PB Ratio too high?
Solve Plastic Products' current PB Ratio of 0.83 is 37% below median its 10-year median of 1.31. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 10.64. The Industrial Products industry median PB Ratio is 2.05. Solve Plastic Products' value of 0.83 is 59.5% below this industry median. Based on the distribution chart, Solve Plastic Products ranks #544 out of 2981 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Solve Plastic Products has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Solve Plastic Products' PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Solve Plastic Products ranks #544 out of 2981 companies for PB Ratio. This places Solve Plastic Products in the top 18% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.05. Solve Plastic Products' value of 0.83 is 59.5% below this benchmark. Historically, Solve Plastic Products' own PB Ratio has ranged from 0.62 to 10.64 over the past decade. While the company's 10-year median is 1.31 vs. the industry median of 2.05, Solve Plastic Products 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 2.05, based on 2,981 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. Solve Plastic Products's current PB Ratio of 0.83 is 59.5% 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 Solve Plastic Products and its competitors. For the Industrial Products industry, the median PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solve Plastic Products's current PB Ratio is 0.83, which is 37% below median its own 10-year median of 1.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solve Plastic Products stock overvalued right now?
Solve Plastic Products (NSE:BALCO) has a current PB Ratio of 0.83. The current PB Ratio is 0.83, which is 37% below median its 10-year median of 1.31 and 59.5% below the Industrial Products industry median of 2.05. Solve Plastic Products' overall GF Score™ is 7/100 with 2 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 Solve Plastic Products (NSE:BALCO), the current PB Ratio is 0.83 as of Jul. 30, 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.
Solve Plastic Products Ltd manufactures a comprehensive range of uPVC (Unplasticized Polyvinyl Chloride) pipes and rigid PVC electrical conduits. The company markets its products under the brand name BALCOPIPES, which includes flexible conduits, green hoses, rigid PVC electric conduit fittings, solvent cement, uPVC pipes and fittings, water tanks, CPVC water pipes and fittings, and casing and capping.
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