NSE:SWANDEF'
s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 6.76 Max: 167.63
Current: 167.63
During the past 13 years, Swan Defence and Heavy Industries's highest PB Ratio was 167.63. The lowest was 0.22. And the median was 6.76.
NSE:SWANDEF's PB Ratio is ranked worse than 99.71% of 339
companies
in the Aerospace & Defense industry
Industry Median: 3.59
vs NSE:SWANDEF: 167.63
During the past 12 months, Swan Defence and Heavy Industries's average Book Value Per Share Growth Rate was -76.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -81.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Swan Defence and Heavy Industries was 15.60% per year. The lowest was -81.40% per year. And the median was 1.80% per year.
Back to Basics: PB Ratio
Swan Defence and Heavy Industries (NSE:SWANDEF) PB Ratio Explanation
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.
Swan Defence and Heavy Industries PB Ratio Related Terms
Swan Defence and Heavy Industries PB Ratio Historical Data
* 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 Aerospace & Defense subindustry, Swan Defence and Heavy Industries'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.
Swan Defence and Heavy Industries PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Swan Defence and Heavy Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Swan Defence and Heavy Industries's PB Ratio falls into.
Swan Defence and Heavy Industries 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.
* 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.
Swan Defence and Heavy Industries (NSE:SWANDEF) has a PB Ratio of 167.62 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Swan Defence and Heavy Industries and its competitors. This is 2380% above median its historical median of 6.76. Over the past decade, Swan Defence and Heavy Industries' PB Ratio has ranged from 0.22 to 167.63. According to the industry distribution chart, Swan Defence and Heavy Industries ranks #338 out of 339 companies in the Aerospace & Defense industry, placing it in the top 99.7%.
Is Swan Defence and Heavy Industries' PB Ratio too high?
Swan Defence and Heavy Industries' current PB Ratio of 167.62 is 2380% above median its 10-year median of 6.76. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 167.63. The Aerospace & Defense industry median PB Ratio is 3.59. Swan Defence and Heavy Industries' value of 167.62 is 4569.1% above this industry median. Based on the distribution chart, Swan Defence and Heavy Industries ranks #338 out of 339 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Swan Defence and Heavy Industries has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Swan Defence and Heavy Industries' PB Ratio compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Swan Defence and Heavy Industries ranks #338 out of 339 companies for PB Ratio. This places Swan Defence and Heavy Industries in the lower half of its industry. The industry median PB Ratio is 3.59. Swan Defence and Heavy Industries' value of 167.62 is 4569.1% above this benchmark. Historically, Swan Defence and Heavy Industries' own PB Ratio has ranged from 0.22 to 167.63 over the past decade. While the company's 10-year median is 6.76 vs. the industry median of 3.59, Swan Defence and Heavy Industries 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 an Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.59, based on 339 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. Swan Defence and Heavy Industries's current PB Ratio of 167.62 is 4569.1% 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 Swan Defence and Heavy Industries and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swan Defence and Heavy Industries's current PB Ratio is 167.62, which is 2380% above median its own 10-year median of 6.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swan Defence and Heavy Industries stock overvalued right now?
Based on GuruFocus' analysis, Swan Defence and Heavy Industries (NSE:SWANDEF) is currently considered Possible Value Trap. The stock's GF Value™ is ₹11,933.34, compared to a current price of ₹2,215.60 — trading 81.4% below its estimated fair value. The current PB Ratio is 167.62, which is 2380% above median its 10-year median of 6.76 and 4569.1% above the Aerospace & Defense industry median of 3.59. Swan Defence and Heavy Industries' overall GF Score™ is 31/100 with 5 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 Swan Defence and Heavy Industries (NSE:SWANDEF), the current PB Ratio is 167.62 as of Jun. 26, 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 Swan Defence and Heavy Industries (NSE:SWANDEF) Overvalued in 2026?
Based on GuruFocus' analysis, Swan Defence and Heavy Industries stock appears to be undervalued.
The current stock price of ₹2,215.60 is trading 81.4% below its estimated GF Value™ of ₹11,933.34.
GuruFocus considers Swan Defence and Heavy Industries to be Possible Value Trap.
Key valuation signals for NSE:SWANDEF:
PB Ratio: 167.62 (2380% above median its 10-year median of 6.76)
GF Value™: ₹11,933.34 vs. price of ₹2,215.60 (81.4% below fair value)
Industry Position: 4569.1% above the Aerospace & Defense median (#338 of 339)
No single metric tells the full story. See the NSE:SWANDEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swan Defence and Heavy Industries Business Description
Swan Defence and Heavy Industries Ltd is mainly engaged in the construction of vessels, repairs, and refits of ships and rigs, and heavy engineering. The company has developed an integrated shipbuilding, ship and rig repair and conversion, ship production, offshore construction, and heavy engineering facility in Gujarat. The company has a large shipbuilding/repair infrastructure in India including the Dry Dock.
31GF Score
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