Refractory Shapes (NSE:REFRACTORY) PB Ratio: 1.46 (As of Jun. 28, 2026)


NSE:REFRACTORY Refractory Shapes Ltd NSE:REFRACTORY
17 GF Score
Price ₹30.55
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What is Refractory Shapes PB Ratio?

Refractory Shapes NSE:REFRACTORY -4.38% 17 PB Ratio is 1.46 as of Jun. 28, 2026. GuruFocus rates NSE:REFRACTORY with a GF Score™ of 17/100. Among 396 Building Materials companies, Refractory Shapes ranks worse than 60.1% 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 (2026-06-28), Refractory Shapes's share price is ₹30.55. Refractory Shapes's Book Value per Share for the quarter that ended in Mar. 2025 was ₹20.96. Hence, Refractory Shapes's PB Ratio of today is 1.46.

The historical rank and industry rank for Refractory Shapes's PB Ratio or its related term are showing as below:

NSE:REFRACTORY's PB Ratio is not ranked *
in the Building Materials industry.
Industry Median: 1.175
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

Refractory Shapes  (NSE:REFRACTORY) 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.

Refractory Shapes PB Ratio Related Terms

Refractory Shapes PB Ratio Historical Data

* Premium members only.

The historical data trend for Refractory Shapes'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.

Refractory Shapes PB Ratio Chart

Refractory Shapes Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
PB Ratio
0.00 0.00 0.00 0.00 3.11

Refractory Shapes Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25
PB Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 6.56 3.11

NSE:REFRACTORY vs CRH, VMC, MLM: PB Ratio Comparison

For the Building Materials subindustry, Refractory Shapes'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.

Refractory Shapes PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Refractory Shapes's PB Ratio distribution charts can be found below:

* The bar in red indicates where Refractory Shapes's PB Ratio falls into.


NSE:REFRACTORY
17GF Score
Refractory Shapes Ltd NSE:REFRACTORY
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Refractory Shapes 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.

Refractory Shapes's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2025)
=30.55/20.964
=1.46

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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 1.46 mean?
Refractory Shapes (NSE:REFRACTORY) has a PB Ratio of 1.46 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Refractory Shapes and its competitors. According to the industry distribution chart, Refractory Shapes ranks #238 out of 396 companies in the Building Materials industry, placing it in the top 60.1%.
Is Refractory Shapes' PB Ratio too high?
Refractory Shapes' current PB Ratio is 1.46. The Building Materials industry median PB Ratio is 1.18. Refractory Shapes' value of 1.46 is 24.3% above this industry median. Based on the distribution chart, Refractory Shapes ranks #238 out of 396 companies in the Building Materials industry, which is below the industry midpoint. Overall, Refractory Shapes has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Refractory Shapes' PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Refractory Shapes ranks #238 out of 396 companies for PB Ratio. This places Refractory Shapes in the lower half of its industry. The industry median PB Ratio is 1.18. Refractory Shapes' value of 1.46 is 24.3% above this benchmark. 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 Building Materials company?
The median PB Ratio among Building Materials companies is 1.18, based on 396 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. Refractory Shapes's current PB Ratio of 1.46 is 24.3% 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 Refractory Shapes and its competitors. For the Building Materials industry, the median PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Refractory Shapes's current PB Ratio is 1.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refractory Shapes stock overvalued right now?
Refractory Shapes (NSE:REFRACTORY) has a current PB Ratio of 1.46. The current PB Ratio is 1.46 and 24.3% above the Building Materials industry median of 1.18. Refractory Shapes' overall GF Score™ is 17/100. 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 Refractory Shapes (NSE:REFRACTORY), the current PB Ratio is 1.46 as of Jun. 28, 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.

Refractory Shapes Business Description

Address Andheri-Kurla Road, B 201, Rustomjee Central Park Chakala, Andheri (East), Mumbai, MH, IND, 400069
Refractory Shapes Ltd is engaged in the production of special shapes, custom-made refractory shapes, and ceramic balls of low and medium purity with top quality and superior performance. The company manufactures bricks, castables, coating materials, high purity alumina catalyst bed supports, and ceramic balls. It serves industries including steel, refineries, fertilizers, petrochemicals, glass, and cement. The company has an international presence across multiple countries and is known for its quality, skilled workforce, and quality assurance.
17GF Score

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

₹30.55
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