Classic Electrodes (India)NSE:CLASSICEIL 15 PB Ratio is 0.84 as of Jun. 26, 2026, which is 12% below its 10-year median of 0.95. GuruFocus rates NSE:CLASSICEIL with a GF Score™ of 15/100. Among 2,986 Industrial Products companies, Classic Electrodes (India) ranks better than 83.19% on this metric.
The historical rank and industry rank for Classic Electrodes (India)'s PB Ratio or its related term are showing as below:
NSE:CLASSICEIL'
s PB Ratio Range Over the Past 10 Years
Min: 0.73 Med: 0.95 Max: 1.15
Current: 0.84
During the past 5 years, Classic Electrodes (India)'s highest PB Ratio was 1.15. The lowest was 0.73. And the median was 0.95.
NSE:CLASSICEIL's PB Ratio is ranked better than 83.19% of 2986
companies
in the Industrial Products industry
Industry Median: 2.27
vs NSE:CLASSICEIL: 0.84
During the past 3 years, the average Book Value Per Share Growth Rate was 63.70% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Classic Electrodes (India) was 63.70% per year. The lowest was 63.70% per year. And the median was 63.70% per year.
Back to Basics: PB Ratio
Classic Electrodes (India) (NSE:CLASSICEIL) 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.
Classic Electrodes (India) PB Ratio Related Terms
Classic Electrodes (India) PB Ratio Historical Data
* 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, Classic Electrodes (India)'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.
Classic Electrodes (India) PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Classic Electrodes (India)'s PB Ratio distribution charts can be found below:
* The bar in red indicates where Classic Electrodes (India)'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.
Classic Electrodes (India) (NSE:CLASSICEIL) has a PB Ratio of 0.84 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Classic Electrodes (India) and its competitors. This is 12% below median its historical median of 0.95. Over the past decade, Classic Electrodes (India)'s PB Ratio has ranged from 0.73 to 1.15. According to the industry distribution chart, Classic Electrodes (India) ranks #502 out of 2986 companies in the Industrial Products industry, placing it in the top 16.8%.
Is Classic Electrodes (India)'s PB Ratio too high?
Classic Electrodes (India)'s current PB Ratio of 0.84 is 12% below median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 1.15. The Industrial Products industry median PB Ratio is 2.27. Classic Electrodes (India)'s value of 0.84 is 63% below this industry median. Based on the distribution chart, Classic Electrodes (India) ranks #502 out of 2986 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Classic Electrodes (India) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Classic Electrodes (India)'s PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Classic Electrodes (India) ranks #502 out of 2986 companies for PB Ratio. This places Classic Electrodes (India) in the top 17% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.27. Classic Electrodes (India)'s value of 0.84 is 63% below this benchmark. Historically, Classic Electrodes (India)'s own PB Ratio has ranged from 0.73 to 1.15 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 2.27, Classic Electrodes (India) 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 2.27, 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. Classic Electrodes (India)'s current PB Ratio of 0.84 is 63% 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 Classic Electrodes (India) and its competitors. For the Industrial Products industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Classic Electrodes (India)'s current PB Ratio is 0.84, which is 12% below median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Electrodes (India) stock overvalued right now?
Classic Electrodes (India) (NSE:CLASSICEIL) has a current PB Ratio of 0.84. The current PB Ratio is 0.84, which is 12% below median its 10-year median of 0.95 and 63% below the Industrial Products industry median of 2.27. Classic Electrodes (India)'s overall GF Score™ is 15/100. 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 Classic Electrodes (India) (NSE:CLASSICEIL), the current PB Ratio is 0.84 as of Jun. 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.
Classic Electrodes (India) Ltd is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. It provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. It is focused on alloy and process development, quality and design, which has allowed the company to develop products suited to its customers' requirements. It has expertise to design, develop and manufacture complex and specialized industrial equipment and components for OEM's and end user industries.
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