Star CementNSE:STARCEMENT -0.80%88 PB Ratio is 2.67 as of Jun. 27, 2026, which is 2% above its 10-year median of 2.62. GuruFocus rates NSE:STARCEMENT with a GF Score™ of 88/100 and a GF Value™ of ₹266.78 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 398 Building Materials companies, Star Cement ranks worse than 77.39% 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 (2026-06-27), Star Cement's share price is ₹210.65. Star Cement's Book Value per Share for the quarter that ended in Mar. 2026 was ₹78.96. Hence, Star Cement's PB Ratio of today is 2.67.
Good Sign:
Star Cement Ltd stock PB Ratio (=2.7) is close to 2-year low of 2.63.
The historical rank and industry rank for Star Cement's PB Ratio or its related term are showing as below:
NSE:STARCEMENT'
s PB Ratio Range Over the Past 10 Years
Min: 1.54 Med: 2.62 Max: 4.42
Current: 2.68
During the past 11 years, Star Cement's highest PB Ratio was 4.42. The lowest was 1.54. And the median was 2.62.
NSE:STARCEMENT's PB Ratio is ranked worse than 77.39% of 398
companies
in the Building Materials industry
Industry Median: 1.185
vs NSE:STARCEMENT: 2.68
During the past 12 months, Star Cement's average Book Value Per Share Growth Rate was 10.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.50% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Star Cement was 21.90% per year. The lowest was 9.30% per year. And the median was 10.00% 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.
Star Cement PB Ratio Related Terms
Star Cement PB Ratio Historical Data
* Premium members only.
The historical data trend for Star Cement'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.
NSE:STARCEMENT vs CRH, VMC, MLM: PB Ratio Comparison
For the Building Materials subindustry, Star Cement'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.
Star Cement PB Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Star Cement's PB Ratio distribution charts can be found below:
* The bar in red indicates where Star Cement'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.
Star Cement'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.
Star Cement (NSE:STARCEMENT) has a PB Ratio of 2.67 as of Jun. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Star Cement and its competitors. This is near median its historical median of 2.62. Over the past decade, Star Cement's PB Ratio has ranged from 1.54 to 4.42. According to the industry distribution chart, Star Cement ranks #308 out of 398 companies in the Building Materials industry, placing it in the top 77.4%.
Is Star Cement's PB Ratio too high?
Star Cement's current PB Ratio of 2.67 is near median its 10-year median of 2.62. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 4.42. The Building Materials industry median PB Ratio is 1.19. Star Cement's value of 2.67 is 125.3% above this industry median. Based on the distribution chart, Star Cement ranks #308 out of 398 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Star Cement has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Star Cement's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Star Cement ranks #308 out of 398 companies for PB Ratio. This places Star Cement in the lower half of its industry. The industry median PB Ratio is 1.19. Star Cement's value of 2.67 is 125.3% above this benchmark. Historically, Star Cement's own PB Ratio has ranged from 1.54 to 4.42 over the past decade. While the company's 10-year median is 2.62 vs. the industry median of 1.19, Star Cement 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 Building Materials company?
The median PB Ratio among Building Materials companies is 1.19, based on 398 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. Star Cement's current PB Ratio of 2.67 is 125.3% 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 Star Cement and its competitors. For the Building Materials industry, the median PB Ratio is 1.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Star Cement's current PB Ratio is 2.67, which is near median its own 10-year median of 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Cement stock overvalued right now?
Based on GuruFocus' analysis, Star Cement (NSE:STARCEMENT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹266.78, compared to a current price of ₹210.65 — trading 21% below its estimated fair value. The current PB Ratio is 2.67, which is near median its 10-year median of 2.62 and 125.3% above the Building Materials industry median of 1.19. Star Cement's overall GF Score™ is 88/100 with 1 warning sign 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 Star Cement (NSE:STARCEMENT), the current PB Ratio is 2.67 as of Jun. 27, 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 Star Cement (NSE:STARCEMENT) Overvalued in 2026?
Based on GuruFocus' analysis, Star Cement stock appears to be undervalued.
The current stock price of ₹210.65 is trading 21% below its estimated GF Value™ of ₹266.78.
GuruFocus considers Star Cement to be Modestly Undervalued.
Key valuation signals for NSE:STARCEMENT:
PB Ratio: 2.67 (near median its 10-year median of 2.62)
GF Value™: ₹266.78 vs. price of ₹210.65 (21% below fair value)
Industry Position: 125.3% above the Building Materials median (#308 of 398)
No single metric tells the full story. See the NSE:STARCEMENT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Star Cement Ltd is a cement company. It offers Cement and Cement linker products. The group markets clinker to different grinding units in North East India and parts of Eastern India. Its product range comprises ordinary Portland cement, Portland pozzolana cement, and Portland slag cement, among others. The company sells its products in India. Geographically, the company generates the majority of its revenue from India.
88GF Score
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