Speb Adhesives (NSE:SPEB) PB Ratio: 3.50 (As of Jun. 28, 2026) — 22% Below Median


NSE:SPEB Speb Adhesives Ltd NSE:SPEB
21 GF Score
Price ₹86.95
! 4 Warning Signs
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What is Speb Adhesives PB Ratio?

Speb Adhesives NSE:SPEB +2.29% 21 PB Ratio is 3.50 as of Jun. 28, 2026, which is 22% below its 10-year median of 4.48. GuruFocus rates NSE:SPEB with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 1,579 Chemicals companies, Speb Adhesives ranks worse than 76.5% 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), Speb Adhesives's share price is ₹86.95. Speb Adhesives's Book Value per Share for the quarter that ended in Mar. 2026 was ₹24.82. Hence, Speb Adhesives's PB Ratio of today is 3.50.

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

NSE:SPEB' s PB Ratio Range Over the Past 10 Years
Min: 2.06   Med: 4.48   Max: 5.08
Current: 3.5

During the past 5 years, Speb Adhesives's highest PB Ratio was 5.08. The lowest was 2.06. And the median was 4.48.

NSE:SPEB's PB Ratio is ranked worse than
76.5% of 1579 companies
in the Chemicals industry
Industry Median: 1.76 vs NSE:SPEB: 3.50

During the past 12 months, Speb Adhesives's average Book Value Per Share Growth Rate was 119.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 42.00% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Speb Adhesives was 42.00% per year. The lowest was 13.10% per year. And the median was 27.55% per year.

Back to Basics: PB Ratio


Speb Adhesives  (NSE:SPEB) 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.


Speb Adhesives PB Ratio Related Terms


Speb Adhesives PB Ratio Historical Data

* Premium members only.

The historical data trend for Speb Adhesives'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.

Speb Adhesives PB Ratio Chart

Speb Adhesives Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
0.00 0.00 0.00 0.00 2.06

Speb Adhesives Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 2.06

NSE:SPEB vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, Speb Adhesives'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.


Speb Adhesives PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Speb Adhesives's PB Ratio distribution charts can be found below:

* The bar in red indicates where Speb Adhesives's PB Ratio falls into.


NSE:SPEB
21GF Score
Speb Adhesives Ltd NSE:SPEB
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Speb Adhesives 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.

Speb Adhesives's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=86.95/24.816
=3.50

* 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 3.50 mean?
Speb Adhesives (NSE:SPEB) has a PB Ratio of 3.50 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 Speb Adhesives and its competitors. This is 22% below median its historical median of 4.48. Over the past decade, Speb Adhesives' PB Ratio has ranged from 2.06 to 5.08. According to the industry distribution chart, Speb Adhesives ranks #1208 out of 1579 companies in the Chemicals industry, placing it in the top 76.5%.
Is Speb Adhesives' PB Ratio too high?
Speb Adhesives' current PB Ratio of 3.50 is 22% below median its 10-year median of 4.48. Over the past 10 years, this metric has ranged from a low of 2.06 to a high of 5.08. The Chemicals industry median PB Ratio is 1.76. Speb Adhesives' value of 3.50 is 98.9% above this industry median. Based on the distribution chart, Speb Adhesives ranks #1208 out of 1579 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Speb Adhesives has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Speb Adhesives' PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Speb Adhesives ranks #1208 out of 1579 companies for PB Ratio. This places Speb Adhesives in the lower half of its industry. The industry median PB Ratio is 1.76. Speb Adhesives' value of 3.50 is 98.9% above this benchmark. Historically, Speb Adhesives' own PB Ratio has ranged from 2.06 to 5.08 over the past decade. While the company's 10-year median is 4.48 vs. the industry median of 1.76, Speb Adhesives 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.76, based on 1,579 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. Speb Adhesives's current PB Ratio of 3.50 is 98.9% 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 Speb Adhesives and its competitors. For the Chemicals industry, the median PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Speb Adhesives's current PB Ratio is 3.50, which is 22% below median its own 10-year median of 4.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speb Adhesives stock overvalued right now?
Speb Adhesives (NSE:SPEB) has a current PB Ratio of 3.50. The current PB Ratio is 3.50, which is 22% below median its 10-year median of 4.48 and 98.9% above the Chemicals industry median of 1.76. Speb Adhesives' overall GF Score™ is 21/100 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 Speb Adhesives (NSE:SPEB), the current PB Ratio is 3.50 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.

Speb Adhesives Business Description

Address Plot no. J 33, MIDC, Taloja, Raigad, Panvel, MH, IND, 410208
Speb Adhesives Ltd is engaged in the manufacturing of solvent-based synthetic rubber adhesives and offers water-based adhesives. The company focuses on in-house manufacturing of solvent-based adhesives, with water-based adhesives being produced on a contractual manufacturing basis. Its product portfolio includes various products customized for industrial and retail applications, such as multi-purpose adhesives, spray-grade adhesives, premium bonding adhesives, Ducting and Insulation adhesives, woodworking adhesives, footwear-grade adhesives, and adhesives used in Generator Sets. The company operates a B2B model through three business channels: dealer-distribution network, industrial sales, and government supply contracts. It generates the majority of its revenue from overseas markets.
21GF Score

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₹86.95
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