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Electrosteel CastingsNSE:ELECTCAST -0.97%75 PB Ratio is 0.74 as of Aug. 19, 2026, which is 35% above its 10-year median of 0.55. GuruFocus rates NSE:ELECTCAST with a GF Score™ of 75/100 and a GF Value™ of ₹84.39 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,725 Construction companies, Electrosteel Castings ranks better than 73.86% on this metric.
Electrosteel Castings Ltd stock PB Ratio (=0.74) is close to 3-year low of 0.72.
The historical rank and industry rank for Electrosteel Castings's PB Ratio or its related term are showing as below:
NSE:ELECTCAST'
s PB Ratio Range Over the Past 10 Years
Min: 0.13 Med: 0.55 Max: 2.38
Current: 0.74
During the past 13 years, Electrosteel Castings's highest PB Ratio was 2.38. The lowest was 0.13. And the median was 0.55.
NSE:ELECTCAST's PB Ratio is ranked better than 73.86% of 1725
companies
in the Construction industry
Industry Median: 1.32
vs NSE:ELECTCAST: 0.74
During the past 12 months, Electrosteel Castings's average Book Value Per Share Growth Rate was 2.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Electrosteel Castings was 11.20% per year. The lowest was -2.30% per year. And the median was 6.20% 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.
* 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.
NSE:ELECTCAST vs TT, JCI, CARR: PB Ratio Comparison
For the Building Products & Equipment subindustry, Electrosteel Castings'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.
Electrosteel Castings PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Electrosteel Castings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Electrosteel Castings'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.
Electrosteel Castings (NSE:ELECTCAST) has a PB Ratio of 0.74 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 Electrosteel Castings and its competitors. This is 35% above median its historical median of 0.55. Over the past decade, Electrosteel Castings' PB Ratio has ranged from 0.13 to 2.38. According to the industry distribution chart, Electrosteel Castings ranks #451 out of 1725 companies in the Construction industry, placing it in the top 26.1%.
Is Electrosteel Castings' PB Ratio too high?
Electrosteel Castings' current PB Ratio of 0.74 is 35% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 2.38. The Construction industry median PB Ratio is 1.32. Electrosteel Castings' value of 0.74 is 43.9% below this industry median. Based on the distribution chart, Electrosteel Castings ranks #451 out of 1725 companies in the Construction industry, which is above the industry midpoint. Overall, Electrosteel Castings has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Electrosteel Castings' PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Electrosteel Castings ranks #451 out of 1725 companies for PB Ratio. This puts Electrosteel Castings in the upper half of its industry. The industry median PB Ratio is 1.32. Electrosteel Castings' value of 0.74 is 43.9% below this benchmark. Historically, Electrosteel Castings' own PB Ratio has ranged from 0.13 to 2.38 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 1.32, Electrosteel Castings 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 Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,725 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. Electrosteel Castings's current PB Ratio of 0.74 is 43.9% 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 Electrosteel Castings and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electrosteel Castings's current PB Ratio is 0.74, which is 35% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electrosteel Castings stock overvalued right now?
Based on GuruFocus' analysis, Electrosteel Castings (NSE:ELECTCAST) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹84.39, compared to a current price of ₹71.25 — trading 15.6% below its estimated fair value. The current PB Ratio is 0.74, which is 35% above median its 10-year median of 0.55 and 43.9% below the Construction industry median of 1.32. Electrosteel Castings' overall GF Score™ is 75/100 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 Electrosteel Castings (NSE:ELECTCAST), the current PB Ratio is 0.74 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.
Is Electrosteel Castings (NSE:ELECTCAST) Overvalued in 2026?
Based on GuruFocus' analysis, Electrosteel Castings stock appears to be undervalued.
The current stock price of ₹71.25 is trading 15.6% below its estimated GF Value™ of ₹84.39.
GuruFocus considers Electrosteel Castings to be Modestly Undervalued.
Key valuation signals for NSE:ELECTCAST:
PB Ratio: 0.74 (35% above median its 10-year median of 0.55)
GF Value™: ₹84.39 vs. price of ₹71.25 (15.6% below fair value)
Industry Position: 43.9% below the Construction median (#451 of 1725)
No single metric tells the full story. See the NSE:ELECTCAST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Electrosteel Castings Ltd is a pipeline solution provider. The business activity of the firm is the manufacturing of ductile iron pipes, fittings, and cast-iron pipes. It offers a range of pipes, which includes DI pipes, Electrolock pipes, and DI flanged pipes, among others. In addition, it also produces Pig Iron, Metallurgical Coke, Sponge Iron, Sinter, Cement, Ferro products, Paint and Power. The company has one reportable segment, namely, Pipes and Fittings, and all other activities revolve around the main business. Geographically, it derives a majority of its revenue within India and also has its presence in international markets through exports of its products.
75GF Score
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