P S Raj Steels (NSE:PSRAJ) PB Ratio: 4.29 (As of Jul. 21, 2026) — 36% Above Median

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NSE:PSRAJ P S Raj Steels Ltd NSE:PSRAJ
19 GF Score
Price ₹417.90
! 5 Warning Signs
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What is P S Raj Steels PB Ratio?

P S Raj Steels NSE:PSRAJ 19 PB Ratio is 4.29 as of Jul. 21, 2026, which is 36% above its 10-year median of 3.15. GuruFocus rates NSE:PSRAJ with a GF Score™ of 19/100. The stock has 5 warning signs investors should review. Among 610 Steel companies, P S Raj Steels ranks worse than 92.62% 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 (2026-07-21), P S Raj Steels's share price is ₹417.90. P S Raj Steels's Book Value per Share for the quarter that ended in Mar. 2026 was ₹97.49. Hence, P S Raj Steels's PB Ratio of today is 4.29.

Warning Sign:

P S Raj Steels Ltd stock PB Ratio (=4.29) is close to 2-year high of 4.37.

The historical rank and industry rank for P S Raj Steels's PB Ratio or its related term are showing as below:

NSE:PSRAJ' s PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 3.15   Max: 4.37
Current: 4.29

During the past 5 years, P S Raj Steels's highest PB Ratio was 4.37. The lowest was 1.56. And the median was 3.15.

NSE:PSRAJ's PB Ratio is ranked worse than
92.62% of 610 companies
in the Steel industry
Industry Median: 0.96 vs NSE:PSRAJ: 4.29

During the past 12 months, P S Raj Steels's average Book Value Per Share Growth Rate was 13.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 44.60% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of P S Raj Steels was 46.50% per year. The lowest was 44.60% per year. And the median was 45.55% per year.

Back to Basics: PB Ratio


P S Raj Steels  (NSE:PSRAJ) 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.


P S Raj Steels PB Ratio Related Terms


P S Raj Steels PB Ratio Historical Data

* Premium members only.

The historical data trend for P S Raj Steels'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.

P S Raj Steels PB Ratio Chart

P S Raj Steels Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
0.00 0.00 0.00 1.63 2.62

P S Raj Steels Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial 0.00 0.00 1.63 2.69 2.62

NSE:PSRAJ vs NUE, STLD, RS: PB Ratio Comparison

For the Steel subindustry, P S Raj Steels'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.


P S Raj Steels PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, P S Raj Steels's PB Ratio distribution charts can be found below:

* The bar in red indicates where P S Raj Steels's PB Ratio falls into.


NSE:PSRAJ
19GF Score
P S Raj Steels Ltd NSE:PSRAJ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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P S Raj Steels 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.

P S Raj Steels's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=417.90/97.494
=4.29

* 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 4.29 mean?
P S Raj Steels (NSE:PSRAJ) has a PB Ratio of 4.29 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on P S Raj Steels and its competitors. This is 36% above median its historical median of 3.15. Over the past decade, P S Raj Steels' PB Ratio has ranged from 1.56 to 4.37. According to the industry distribution chart, P S Raj Steels ranks #565 out of 610 companies in the Steel industry, placing it in the top 92.6%.
Is P S Raj Steels' PB Ratio too high?
P S Raj Steels' current PB Ratio of 4.29 is 36% above median its 10-year median of 3.15. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 4.37. The Steel industry median PB Ratio is 0.96. P S Raj Steels' value of 4.29 is 346.9% above this industry median. Based on the distribution chart, P S Raj Steels ranks #565 out of 610 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, P S Raj Steels has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does P S Raj Steels' PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, P S Raj Steels ranks #565 out of 610 companies for PB Ratio. This places P S Raj Steels in the lower half of its industry. The industry median PB Ratio is 0.96. P S Raj Steels' value of 4.29 is 346.9% above this benchmark. Historically, P S Raj Steels' own PB Ratio has ranged from 1.56 to 4.37 over the past decade. While the company's 10-year median is 3.15 vs. the industry median of 0.96, P S Raj Steels 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 Steel company?
The median PB Ratio among Steel companies is 0.96, based on 610 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. P S Raj Steels's current PB Ratio of 4.29 is 346.9% 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 P S Raj Steels and its competitors. For the Steel industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. P S Raj Steels's current PB Ratio is 4.29, which is 36% above median its own 10-year median of 3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P S Raj Steels stock overvalued right now?
P S Raj Steels (NSE:PSRAJ) has a current PB Ratio of 4.29. The current PB Ratio is 4.29, which is 36% above median its 10-year median of 3.15 and 346.9% above the Steel industry median of 0.96. P S Raj Steels' overall GF Score™ is 19/100 with 5 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 P S Raj Steels (NSE:PSRAJ), the current PB Ratio is 4.29 as of Jul. 21, 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.

P S Raj Steels Business Description

Address 51 Block A, IDC, Hisar, HR, IND, 125005
P S Raj Steels Ltd manufactures and supplies stainless steel pipes and tubes in India. The company's product range includes Outer Diameter (OD) Pipes, Nominal Bore (NB) Pipes (from 3/8 inch to 18 inches), Section Pipes (square, rectangular and oval shapes) and Slotted Pipes.
19GF Score

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

₹417.90
Price