Low Price to Book value (PBV) Stocks in India - 2011

Price to Book Value is a parameter which Benjamin Graham, the guru of Warren Buffett, loved to use while identifying undervalued stocks. PBV of less than 1 usually suggest that the stock is undervalued.  In this depressed market lot of stocks are trading at significant discount to their book values.

InvestorZclub has tried to compile a list of reasonable sized stocks in India having revenue of Rs 500 crore or more and PBV of 0.6 or less as on SEP 29 2011 based on FY-11 financial numbers.  

The investors with 6 months horizon are actually getting all these stocks even cheaper based on FY-2012 book value.

Company	Revenue (FY-11) in crores	PBV
Bharti Shipyard	1579	0.31
Crew BOS	621	0.34
PSL	2579	0.34
Lloyd Electric	787	0.35
ICSA Ltd	1404	0.38
Eveready Ind	950	0.4
Mawana Sugar	1617	0.4
Rohit Ferro	1146	0.43
Kesoram Ind	5397	0.44
Ceat	3469	0.44
HDIL	1800	0.44
KEI Industries	1162	0.45
Sakthi Sugar	2138	0.45
Geodesic	672	0.46
Omax Auto	1157	0.46
Sunil Hitech	725	0.47
DCM Shriram	880	0.47
JK Lakshmi Cement	1318	0.47
Dhampur Sugar	2326	0.48
Tantia Constructions	680	0.49
Hanung Toys	1122	0.5
Firstsource Sol.	2000	0.5
Rico Auto	977	0.52
Punjab & Sind Bank	5370	0.52
Visaka Ind.	650	0.52
3i Infotech	2587	0.52
JK Paper	1230	0.53
SCI	3543	0.53
JK Tyre	4810	0.55
DCM Shriram Cons.	4066	0.57
Jindal Poly	2670	0.57
Electrosteel Castings	1711	0.58
Jayaswal Neco	2263	0.6
India Cements	3500	0.6
OCL India	1475	0.6