Swastik PipeNSE:SWASTIK -4.79%62 PB Ratio is 0.20 as of Jun. 26, 2026, which is 73% below its 10-year median of 0.74. GuruFocus rates NSE:SWASTIK with a GF Score™ of 62/100 and a GF Value™ of ₹81.60 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 612 Steel companies, Swastik Pipe ranks better than 95.1% 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 (2026-06-26), Swastik Pipe's share price is ₹17.90. Swastik Pipe's Book Value per Share for the quarter that ended in Mar. 2025 was ₹88.78. Hence, Swastik Pipe's PB Ratio of today is 0.20.
The historical rank and industry rank for Swastik Pipe's PB Ratio or its related term are showing as below:
NSE:SWASTIK'
s PB Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.74 Max: 1.68
Current: 0.2
During the past 6 years, Swastik Pipe's highest PB Ratio was 1.68. The lowest was 0.16. And the median was 0.74.
NSE:SWASTIK's PB Ratio is ranked better than 95.1% of 612
companies
in the Steel industry
Industry Median: 0.965
vs NSE:SWASTIK: 0.20
During the past 12 months, Swastik Pipe's average Book Value Per Share Growth Rate was -3.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 25.80% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Swastik Pipe was 38.00% per year. The lowest was 13.30% per year. And the median was 37.70% 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.
Swastik Pipe PB Ratio Related Terms
Swastik Pipe PB Ratio Historical Data
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The historical data trend for Swastik Pipe'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, Swastik Pipe'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.
Swastik Pipe PB Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Swastik Pipe's PB Ratio distribution charts can be found below:
* The bar in red indicates where Swastik Pipe'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.
Swastik Pipe'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.
Swastik Pipe (NSE:SWASTIK) has a PB Ratio of 0.20 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 Swastik Pipe and its competitors. This is 73% below median its historical median of 0.74. Over the past decade, Swastik Pipe's PB Ratio has ranged from 0.16 to 1.68. According to the industry distribution chart, Swastik Pipe ranks #30 out of 612 companies in the Steel industry, placing it in the top 4.9%.
Is Swastik Pipe's PB Ratio too high?
Swastik Pipe's current PB Ratio of 0.20 is 73% below median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.68. The Steel industry median PB Ratio is 0.97. Swastik Pipe's value of 0.20 is 79.3% below this industry median. Based on the distribution chart, Swastik Pipe ranks #30 out of 612 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Swastik Pipe has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Swastik Pipe's PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Swastik Pipe ranks #30 out of 612 companies for PB Ratio. This places Swastik Pipe in the top 5% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.97. Swastik Pipe's value of 0.20 is 79.3% below this benchmark. Historically, Swastik Pipe's own PB Ratio has ranged from 0.16 to 1.68 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.97, Swastik Pipe has consistently been below 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 612 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. Swastik Pipe's current PB Ratio of 0.20 is 79.3% below 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 Swastik Pipe 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. Swastik Pipe's current PB Ratio is 0.20, which is 73% below median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swastik Pipe stock overvalued right now?
Based on GuruFocus' analysis, Swastik Pipe (NSE:SWASTIK) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹81.60, compared to a current price of ₹17.90 — trading 78.1% below its estimated fair value. The current PB Ratio is 0.20, which is 73% below median its 10-year median of 0.74 and 79.3% below the Steel industry median of 0.97. Swastik Pipe's overall GF Score™ is 62/100 with 6 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 Swastik Pipe (NSE:SWASTIK), the current PB Ratio is 0.20 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 Swastik Pipe (NSE:SWASTIK) Overvalued in 2026?
Based on GuruFocus' analysis, Swastik Pipe stock appears to be undervalued.
The current stock price of ₹17.90 is trading 78.1% below its estimated GF Value™ of ₹81.60.
GuruFocus considers Swastik Pipe to be Significantly Undervalued.
Key valuation signals for NSE:SWASTIK:
PB Ratio: 0.20 (73% below median its 10-year median of 0.74)
GF Value™: ₹81.60 vs. price of ₹17.90 (78.1% below fair value)
Industry Position: 79.3% below the Steel median (#30 of 612)
No single metric tells the full story. See the NSE:SWASTIK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Swastik Pipe Ltd manufactures and exports a range of steel pipes and related products in India. Its product portfolio includes mild steel and carbon steel electric resistance welded (ERW) black and galvanized pipes, hollow steel pipes, cold-rolled steel strips and coils, swaged tubular poles, and solar mounting structures. The company operates manufacturing plants in Haryana and Uttar Pradesh with a notable installed capacity. Swastik Pipe serves industries such as construction, infrastructure, and energy, exporting products to various countries. Revenue is generated through the sale of its steel pipe products both domestically and internationally.
62GF Score
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