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New Markets AvenueBOM:508867 10 PB Ratio is 5.52 as of Aug. 25, 2026, which is 646% above its 10-year median of 0.74. GuruFocus rates BOM:508867 with a GF Score™ of 10/100 and a GF Value™ of ₹19.31 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,632 Software companies, New Markets Avenue ranks worse than 78.91% on this metric.
New Markets Avenue Ltd stock PB Ratio (=5.52) is close to 10-year high of 5.52.
The historical rank and industry rank for New Markets Avenue's PB Ratio or its related term are showing as below:
BOM:508867'
s PB Ratio Range Over the Past 10 Years
Min: 0.68 Med: 0.74 Max: 5.52
Current: 5.52
During the past 13 years, New Markets Avenue's highest PB Ratio was 5.52. The lowest was 0.68. And the median was 0.74.
BOM:508867's PB Ratio is ranked worse than 78.91% of 2632
companies
in the Software industry
Industry Median: 2.48
vs BOM:508867: 5.52
During the past 12 months, New Markets Avenue's average Book Value Per Share Growth Rate was 35.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -3.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of New Markets Avenue was 18.70% per year. The lowest was -16.80% per year. And the median was -4.00% 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.
New Markets Avenue PB Ratio Related Terms
New Markets Avenue PB Ratio Historical Data
* Premium members only.
The historical data trend for New Markets Avenue'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 Information Technology Services subindustry, New Markets Avenue'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.
New Markets Avenue PB Ratio vs Software Industry
For the Software industry and Technology sector, New Markets Avenue's PB Ratio distribution charts can be found below:
* The bar in red indicates where New Markets Avenue'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.
* 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.
New Markets Avenue (BOM:508867) has a PB Ratio of 5.52 as of Aug. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on New Markets Avenue and its competitors. This is 646% above median its historical median of 0.74. Over the past decade, New Markets Avenue's PB Ratio has ranged from 0.68 to 5.52. According to the industry distribution chart, New Markets Avenue ranks #2077 out of 2632 companies in the Software industry, placing it in the top 78.9%.
Is New Markets Avenue's PB Ratio too high?
New Markets Avenue's current PB Ratio of 5.52 is 646% above median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 5.52. The Software industry median PB Ratio is 2.48. New Markets Avenue's value of 5.52 is 122.6% above this industry median. Based on the distribution chart, New Markets Avenue ranks #2077 out of 2632 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, New Markets Avenue has a GF Score™ of 10/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Markets Avenue's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, New Markets Avenue ranks #2077 out of 2632 companies for PB Ratio. This places New Markets Avenue in the lower half of its industry. The industry median PB Ratio is 2.48. New Markets Avenue's value of 5.52 is 122.6% above this benchmark. Historically, New Markets Avenue's own PB Ratio has ranged from 0.68 to 5.52 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 2.48, New Markets Avenue 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 Software company?
The median PB Ratio among Software companies is 2.48, based on 2,632 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. New Markets Avenue's current PB Ratio of 5.52 is 122.6% 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 New Markets Avenue and its competitors. For the Software industry, the median PB Ratio is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Markets Avenue's current PB Ratio is 5.52, which is 646% above 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 New Markets Avenue stock overvalued right now?
Based on GuruFocus' analysis, New Markets Avenue (BOM:508867) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹19.31, compared to a current price of ₹64.46 — trading 233.8% above its estimated fair value. The current PB Ratio is 5.52, which is 646% above median its 10-year median of 0.74 and 122.6% above the Software industry median of 2.48. New Markets Avenue's overall GF Score™ is 10/100 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 New Markets Avenue (BOM:508867), the current PB Ratio is 5.52 as of Aug. 25, 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 New Markets Avenue (BOM:508867) Overvalued in 2026?
Based on GuruFocus' analysis, New Markets Avenue stock appears to be overvalued.
The current stock price of ₹64.46 is trading 233.8% above its estimated GF Value™ of ₹19.31.
GuruFocus considers New Markets Avenue to be Significantly Overvalued.
Key valuation signals for BOM:508867:
PB Ratio: 5.52 (646% above median its 10-year median of 0.74)
GF Value™: ₹19.31 vs. price of ₹64.46 (233.8% above fair value)
Industry Position: 122.6% above the Software median (#2077 of 2632)
No single metric tells the full story. See the BOM:508867 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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