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Bata IndiaBOM:500043 +0.49%74 PB Ratio is 5.63 as of Jul. 29, 2026, which is 52% below its 10-year median of 11.72. GuruFocus rates BOM:500043 with a GF Score™ of 74/100 and a GF Value™ of ₹1,401.74 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,004 Manufacturing - Apparel & Accessories companies, Bata India ranks worse than 92.73% 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 (2026-07-29), Bata India's share price is ₹698.60. Bata India's Book Value per Share for the quarter that ended in Mar. 2026 was ₹124.14. Hence, Bata India's PB Ratio of today is 5.63.
Good Sign:
Bata India Ltd stock PB Ratio (=5.55) is close to 10-year low of 5.3.
The historical rank and industry rank for Bata India's PB Ratio or its related term are showing as below:
BOM:500043'
s PB Ratio Range Over the Past 10 Years
Min: 5.3 Med: 11.72 Max: 18.17
Current: 5.63
During the past 13 years, Bata India's highest PB Ratio was 18.17. The lowest was 5.30. And the median was 11.72.
During the past 12 months, Bata India's average Book Value Per Share Growth Rate was 1.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bata India was 28.80% per year. The lowest was -14.70% per year. And the median was 12.20% 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.
Bata India PB Ratio Related Terms
Bata India PB Ratio Historical Data
* Premium members only.
The historical data trend for Bata India'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.
BOM:500043 vs NKE, DECK, ONON: PB Ratio Comparison
For the Footwear & Accessories subindustry, Bata India'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.
Bata India PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bata India's PB Ratio distribution charts can be found below:
* The bar in red indicates where Bata India'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.
Bata India'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.
Bata India (BOM:500043) has a PB Ratio of 5.63 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bata India and its competitors. This is 52% below median its historical median of 11.72. Over the past decade, Bata India's PB Ratio has ranged from 5.30 to 18.17. According to the industry distribution chart, Bata India ranks #931 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 92.7%.
Is Bata India's PB Ratio too high?
Bata India's current PB Ratio of 5.63 is 52% below median its 10-year median of 11.72. Over the past 10 years, this metric has ranged from a low of 5.30 to a high of 18.17. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.07. Bata India's value of 5.63 is 426.2% above this industry median. Based on the distribution chart, Bata India ranks #931 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Bata India has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bata India's PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bata India ranks #931 out of 1004 companies for PB Ratio. This places Bata India in the lower half of its industry. The industry median PB Ratio is 1.07. Bata India's value of 5.63 is 426.2% above this benchmark. Historically, Bata India's own PB Ratio has ranged from 5.30 to 18.17 over the past decade. While the company's 10-year median is 11.72 vs. the industry median of 1.07, Bata India 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.07, based on 1,004 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. Bata India's current PB Ratio of 5.63 is 426.2% 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 Bata India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bata India's current PB Ratio is 5.63, which is 52% below median its own 10-year median of 11.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bata India stock overvalued right now?
Based on GuruFocus' analysis, Bata India (BOM:500043) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,401.74, compared to a current price of ₹698.60 — trading 50.2% below its estimated fair value. The current PB Ratio is 5.63, which is 52% below median its 10-year median of 11.72 and 426.2% above the Manufacturing - Apparel & Accessories industry median of 1.07. Bata India's overall GF Score™ is 74/100 with 2 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 Bata India (BOM:500043), the current PB Ratio is 5.63 as of Jul. 29, 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 Bata India (BOM:500043) Overvalued in 2026?
Based on GuruFocus' analysis, Bata India stock appears to be undervalued.
The current stock price of ₹698.60 is trading 50.2% below its estimated GF Value™ of ₹1,401.74.
GuruFocus considers Bata India to be Significantly Undervalued.
Key valuation signals for BOM:500043:
PB Ratio: 5.63 (52% below median its 10-year median of 11.72)
GF Value™: ₹1,401.74 vs. price of ₹698.60 (50.2% below fair value)
Industry Position: 426.2% above the Manufacturing - Apparel & Accessories median (#931 of 1004)
No single metric tells the full story. See the BOM:500043 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bata India Ltd is a manufacturer and retailer of footwear and accessories, such as bags, belts, wallets, and shoe care products. It has only one reportable segment which is Footwear and Accessories. The company sells footwear under brand names including Bata, Bubblegummers, Hush Puppies, Power, Weinbrenner, and Naturalizer. Bata manufactures shoes in multiple manufacturing plants across India, and it sells its products through its retail stores and e-commerce channels. Bata generates all its sales in India, mostly from footwear.
74GF Score
Get the complete analysis for BOM:500043
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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