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Shah MetacorpNSE:SHAH +0.51%61 PB Ratio is 1.14 as of Aug. 09, 2026, which is 26% below its 10-year median of 1.54. GuruFocus rates NSE:SHAH with a GF Score™ of 61/100 and a GF Value™ of ₹2.94 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 610 Steel companies, Shah Metacorp ranks worse than 52.62% 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 (2026-08-09), Shah Metacorp's share price is ₹3.91. Shah Metacorp's Book Value per Share for the quarter that ended in Mar. 2026 was ₹3.42. Hence, Shah Metacorp's PB Ratio of today is 1.14.
Good Sign:
Shah Metacorp Ltd stock PB Ratio (=1.14) is close to 5-year low of 1.07.
The historical rank and industry rank for Shah Metacorp's PB Ratio or its related term are showing as below:
NSE:SHAH'
s PB Ratio Range Over the Past 10 Years
Min: 0.77 Med: 1.54 Max: 6.15
Current: 1.14
During the past 13 years, Shah Metacorp's highest PB Ratio was 6.15. The lowest was 0.77. And the median was 1.54.
NSE:SHAH's PB Ratio is ranked worse than 52.62% of 610
companies
in the Steel industry
Industry Median: 0.97
vs NSE:SHAH: 1.14
During the past 12 months, Shah Metacorp's average Book Value Per Share Growth Rate was 23.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 86.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shah Metacorp was 86.50% per year. The lowest was -31.90% per year. And the median was -5.30% 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.
Shah Metacorp PB Ratio Related Terms
Shah Metacorp PB Ratio Historical Data
* Premium members only.
The historical data trend for Shah Metacorp'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.
For the Steel subindustry, Shah Metacorp'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.
Shah Metacorp PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Shah Metacorp's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shah Metacorp'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.
Shah Metacorp's PB Ratio for today is calculated as follows:
* 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.
Shah Metacorp (NSE:SHAH) has a PB Ratio of 1.14 as of Aug. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shah Metacorp and its competitors. This is 26% below median its historical median of 1.54. Over the past decade, Shah Metacorp's PB Ratio has ranged from 0.77 to 6.15. According to the industry distribution chart, Shah Metacorp ranks #321 out of 610 companies in the Steel industry, placing it in the top 52.6%.
Is Shah Metacorp's PB Ratio too high?
Shah Metacorp's current PB Ratio of 1.14 is 26% below median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 6.15. The Steel industry median PB Ratio is 0.97. Shah Metacorp's value of 1.14 is 17.5% above this industry median. Based on the distribution chart, Shah Metacorp ranks #321 out of 610 companies in the Steel industry, which is below the industry midpoint. Overall, Shah Metacorp has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shah Metacorp's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Shah Metacorp ranks #321 out of 610 companies for PB Ratio. This places Shah Metacorp in the lower half of its industry. The industry median PB Ratio is 0.97. Shah Metacorp's value of 1.14 is 17.5% above this benchmark. Historically, Shah Metacorp's own PB Ratio has ranged from 0.77 to 6.15 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 0.97, Shah Metacorp 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 0.97, 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. Shah Metacorp's current PB Ratio of 1.14 is 17.5% 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 Shah Metacorp and its competitors. For the Steel industry, the median PB Ratio is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shah Metacorp's current PB Ratio is 1.14, which is 26% below median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shah Metacorp stock overvalued right now?
Based on GuruFocus' analysis, Shah Metacorp (NSE:SHAH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.94, compared to a current price of ₹3.91 — trading 33% above its estimated fair value. The current PB Ratio is 1.14, which is 26% below median its 10-year median of 1.54 and 17.5% above the Steel industry median of 0.97. Shah Metacorp's overall GF Score™ is 61/100 with 4 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 Shah Metacorp (NSE:SHAH), the current PB Ratio is 1.14 as of Aug. 09, 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 Shah Metacorp (NSE:SHAH) Overvalued in 2026?
Based on GuruFocus' analysis, Shah Metacorp stock appears to be overvalued.
The current stock price of ₹3.91 is trading 33% above its estimated GF Value™ of ₹2.94.
GuruFocus considers Shah Metacorp to be Significantly Overvalued.
Key valuation signals for NSE:SHAH:
PB Ratio: 1.14 (26% below median its 10-year median of 1.54)
GF Value™: ₹2.94 vs. price of ₹3.91 (33% above fair value)
Industry Position: 17.5% above the Steel median (#321 of 610)
No single metric tells the full story. See the NSE:SHAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shah Metacorp Ltd manufactures, exports, and supplies Stainless Steel Long Products. The company's product portfolio includes Equal Angle bars, Bright bars, Flat bars, Flats (pata), and Ingots. The company operates in only one segment, being SS Products.
61GF Score
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