Steel Authority Of India (NSE:SAIL) PB Ratio: 1.16 (As of Jul. 06, 2026) — 53% Above Median


NSE:SAIL Steel Authority Of India Ltd NSE:SAIL
78 GF Score
Price ₹169.23
GF Value ₹140.84
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Steel Authority Of India PB Ratio?

Steel Authority Of India NSE:SAIL -0.38% 78 PB Ratio is 1.16 as of Jul. 06, 2026, which is 53% above its 10-year median of 0.76. GuruFocus rates NSE:SAIL with a GF Score™ of 78/100 and a GF Value™ of ₹140.84 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 608 Steel companies, Steel Authority Of India ranks worse than 58.55% 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 (2026-07-06), Steel Authority Of India's share price is ₹169.23. Steel Authority Of India's Book Value per Share for the quarter that ended in Mar. 2026 was ₹146.12. Hence, Steel Authority Of India's PB Ratio of today is 1.16.

The historical rank and industry rank for Steel Authority Of India's PB Ratio or its related term are showing as below:

NSE:SAIL' s PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.76   Max: 1.4
Current: 1.16

During the past 13 years, Steel Authority Of India's highest PB Ratio was 1.40. The lowest was 0.22. And the median was 0.76.

NSE:SAIL's PB Ratio is ranked worse than
58.55% of 608 companies
in the Steel industry
Industry Median: 0.975 vs NSE:SAIL: 1.16

During the past 12 months, Steel Authority Of India'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 3.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Steel Authority Of India was 51.60% per year. The lowest was -6.10% per year. And the median was 7.20% per year.

Back to Basics: PB Ratio


Steel Authority Of India  (NSE:SAIL) 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.


Steel Authority Of India PB Ratio Related Terms


Steel Authority Of India PB Ratio Historical Data

* Premium members only.

The historical data trend for Steel Authority Of India'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.

Steel Authority Of India PB Ratio Chart

Steel Authority Of India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.62 0.97 0.81 1.04

Steel Authority Of India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 0.00 0.95 0.00 1.04

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

For the Steel subindustry, Steel Authority Of 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.


Steel Authority Of India PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Steel Authority Of India's PB Ratio distribution charts can be found below:

* The bar in red indicates where Steel Authority Of India's PB Ratio falls into.


NSE:SAIL
78GF Score
Steel Authority Of India Ltd NSE:SAIL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steel Authority Of India 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.

Steel Authority Of India's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=169.23/146.122
=1.16

* 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 1.16 mean?
Steel Authority Of India (NSE:SAIL) has a PB Ratio of 1.16 as of Jul. 06, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Steel Authority Of India and its competitors. This is 53% above median its historical median of 0.76. Over the past decade, Steel Authority Of India's PB Ratio has ranged from 0.22 to 1.40. According to the industry distribution chart, Steel Authority Of India ranks #356 out of 608 companies in the Steel industry, placing it in the top 58.6%.
Is Steel Authority Of India's PB Ratio too high?
Steel Authority Of India's current PB Ratio of 1.16 is 53% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.40. The Steel industry median PB Ratio is 0.98. Steel Authority Of India's value of 1.16 is 19% above this industry median. Based on the distribution chart, Steel Authority Of India ranks #356 out of 608 companies in the Steel industry, which is below the industry midpoint. Overall, Steel Authority Of India has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Authority Of India's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Steel Authority Of India ranks #356 out of 608 companies for PB Ratio. This places Steel Authority Of India in the lower half of its industry. The industry median PB Ratio is 0.98. Steel Authority Of India's value of 1.16 is 19% above this benchmark. Historically, Steel Authority Of India's own PB Ratio has ranged from 0.22 to 1.40 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 0.98, Steel Authority Of India 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 0.98, based on 608 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. Steel Authority Of India's current PB Ratio of 1.16 is 19% 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 Steel Authority Of India and its competitors. For the Steel industry, the median PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Authority Of India's current PB Ratio is 1.16, which is 53% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Authority Of India stock overvalued right now?
Based on GuruFocus' analysis, Steel Authority Of India (NSE:SAIL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹140.84, compared to a current price of ₹169.23 — trading 20.2% above its estimated fair value. The current PB Ratio is 1.16, which is 53% above median its 10-year median of 0.76 and 19% above the Steel industry median of 0.98. Steel Authority Of India's overall GF Score™ is 78/100 with 3 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 Steel Authority Of India (NSE:SAIL), the current PB Ratio is 1.16 as of Jul. 06, 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 Steel Authority Of India (NSE:SAIL) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Authority Of India stock appears to be overvalued. The current stock price of ₹169.23 is trading 20.2% above its estimated GF Value™ of ₹140.84. GuruFocus considers Steel Authority Of India to be Modestly Overvalued.

Key valuation signals for NSE:SAIL:

  • PB Ratio: 1.16 (53% above median its 10-year median of 0.76)
  • GF Value™: ₹140.84 vs. price of ₹169.23 (20.2% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 19% above the Steel median (#356 of 608)

No single metric tells the full story. See the NSE:SAIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Steel Authority Of India Business Description

Other Exchanges 500113:India
Address Lodi Road, Ispat Bhawan, New Delhi, IND, 110003
Steel Authority Of India Ltd is a steelmaker. The company produces flat steel products (including plates, sheets, coils, and galvanized plain), long steel products (rails, structural, wire rods, and merchant products), electric-resistance-welded pipes, and silicon steel sheets. Flat and long products account for the majority of the company's sales. The company runs five integrated steel plants and three alloy steel plants. The segments of the company include BSP, DSP, RSP, BSL, ISP, ASP, SSP, VISL and Others. It generates maximum of its revenue from the Indian domestic market.
78GF Score

Get the complete analysis for NSE:SAIL

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

₹169.23
Price
₹140.84
GF Value