Ashirwad Steels & Industries P/B Ratio
Ashirwad Steels & Industries (ASHSI) P/B ratio is 0.38 (Low), book value per share ₹65.38 vs Industrial Products average P/B of -1.91 — Very Low - Significant discount to book value, potential distress or value opportunity. For live price, earnings yield and the full fundamental profile, see ASHSI share price.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
ASHSI P/B Ratio — Valuation Insights & Book Value Analysis
Ashirwad Steels & Industries price-to-book ratio interpretation, valuation status and historical context — current P/B 0.38 (Low). Compare with ASHSI stock valuation models to assess whether the stock is under or overvalued.
- Stock appears undervalued with PB of 0.38, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 32.9% below historical average
- Trading at premium to sector average PB of -1.91
Ashirwad Steels & Industries P/B Ratio Historical Trend
ASHSI annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. View ASHSI 52-week performance for the annual high/low range and current price position.
ASHSI Historical P/B Ratio — Book Value Per Share & Year-End Price
Ashirwad Steels & Industries annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 0.38 | ₹65.38 | ₹24.74 | ₹85 | Low |
| 2025 | 0.45 | ₹63.85 | ₹28.57 | ₹83 | Low |
| 2024 | 0.7 | ₹62.31 | ₹43.38 | ₹81 | Low |
| 2023 | 0.83 | ₹60.0 | ₹49.94 | ₹78 | Low |
| 2022 | 0.47 | ₹46.92 | ₹22.25 | ₹61 | Low |
ASHSI vs Industrial Products Peers — P/B Ratio Comparison
Ashirwad Steels & Industries P/B 0.38 vs Industrial Products average -1.91, median -0.32 — range -13.96–0.4.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Mahalaxmi Seamless | MAHALXSE | -13.96 | ₹4 | Low |
| Shah Alloys | SHAHALLOYS | -13.32 | ₹144 | Low |
| Cochin Malabar Estates | COCHMAL | -11.49 | ₹24 | Low |
| TPINDIA | TPINDIA | -8.28 | ₹92 | Low |
| Electrotherm | ELECTHERM | -6.41 | ₹966 | Low |
| Heera Ispat | HEERAISP | -5.94 | ₹5 | Low |
| Mahip Industries | MAHIP | -5.46 | ₹45 | Low |
| Nova Iron & Steel | NOVIS | -4.44 | ₹45 | Low |
| Mukat Pipes | MUKATPIP | -3.45 | ₹25 | Low |
| MSR India | MSRINDIA | -2.9 | ₹31 | Low |