Arihant Capital Markets (BOM:511605) PB Ratio: 2.02 (As of Jul. 27, 2026) — 24% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:511605 Arihant Capital Markets Ltd BOM:511605
60 GF Score
Price ₹81.10
GF Value ₹83.55
Valuation Fairly Valued
! 6 Warning Signs
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What is Arihant Capital Markets PB Ratio?

Arihant Capital Markets BOM:511605 -0.21% 60 PB Ratio is 2.02 as of Jul. 27, 2026, which is 24% above its 10-year median of 1.63. GuruFocus rates BOM:511605 with a GF Score™ of 60/100 and a GF Value™ of ₹83.55 (Fairly Valued). The stock has 6 warning signs investors should review. Among 778 Capital Markets companies, Arihant Capital Markets ranks worse than 65.42% 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 (2026-07-27), Arihant Capital Markets's share price is ₹81.10. Arihant Capital Markets's Book Value per Share for the quarter that ended in Jun. 2026 was ₹40.23. Hence, Arihant Capital Markets's PB Ratio of today is 2.02.

The historical rank and industry rank for Arihant Capital Markets's PB Ratio or its related term are showing as below:

BOM:511605' s PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.63   Max: 4.22
Current: 2.02

During the past 13 years, Arihant Capital Markets's highest PB Ratio was 4.22. The lowest was 0.40. And the median was 1.63.

BOM:511605's PB Ratio is ranked worse than
65.42% of 778 companies
in the Capital Markets industry
Industry Median: 1.3 vs BOM:511605: 2.02

During the past 12 months, Arihant Capital Markets's average Book Value Per Share Growth Rate was 8.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 18.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 17.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Arihant Capital Markets was 21.00% per year. The lowest was -6.70% per year. And the median was 14.65% per year.

Back to Basics: PB Ratio


Arihant Capital Markets  (BOM:511605) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Arihant Capital Markets PB Ratio Related Terms


Arihant Capital Markets PB Ratio Historical Data

* Premium members only.

The historical data trend for Arihant Capital Markets'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.

Arihant Capital Markets PB Ratio Chart

Arihant Capital Markets Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.61 1.57 1.77 1.85 1.45

Arihant Capital Markets Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 2.74 0.00 1.45 0.00

BOM:511605 vs MS, GS, SCHW: PB Ratio Comparison

For the Capital Markets subindustry, Arihant Capital Markets'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.


Arihant Capital Markets PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Arihant Capital Markets's PB Ratio distribution charts can be found below:

* The bar in red indicates where Arihant Capital Markets's PB Ratio falls into.


BOM:511605
60GF Score
Arihant Capital Markets Ltd BOM:511605
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arihant Capital Markets PB Ratio Calculation

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.

Arihant Capital Markets's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=81.10/40.23
=2.02

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.02 mean?
Arihant Capital Markets (BOM:511605) has a PB Ratio of 2.02 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Arihant Capital Markets and its competitors. This is 24% above median its historical median of 1.63. Over the past decade, Arihant Capital Markets' PB Ratio has ranged from 0.40 to 4.22. According to the industry distribution chart, Arihant Capital Markets ranks #509 out of 778 companies in the Capital Markets industry, placing it in the top 65.4%.
Is Arihant Capital Markets' PB Ratio too high?
Arihant Capital Markets' current PB Ratio of 2.02 is 24% above median its 10-year median of 1.63. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 4.22. The Capital Markets industry median PB Ratio is 1.30. Arihant Capital Markets' value of 2.02 is 55.4% above this industry median. Based on the distribution chart, Arihant Capital Markets ranks #509 out of 778 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Arihant Capital Markets has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Arihant Capital Markets' PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Arihant Capital Markets ranks #509 out of 778 companies for PB Ratio. This places Arihant Capital Markets in the lower half of its industry. The industry median PB Ratio is 1.30. Arihant Capital Markets' value of 2.02 is 55.4% above this benchmark. Historically, Arihant Capital Markets' own PB Ratio has ranged from 0.40 to 4.22 over the past decade. While the company's 10-year median is 1.63 vs. the industry median of 1.30, Arihant Capital Markets 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.30, based on 778 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. Arihant Capital Markets's current PB Ratio of 2.02 is 55.4% 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 Arihant Capital Markets and its competitors. For the Capital Markets industry, the median PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arihant Capital Markets's current PB Ratio is 2.02, which is 24% above median its own 10-year median of 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arihant Capital Markets stock overvalued right now?
Based on GuruFocus' analysis, Arihant Capital Markets (BOM:511605) is currently considered Fairly Valued. The stock's GF Value™ is ₹83.55, compared to a current price of ₹81.10 — trading 2.9% below its estimated fair value. The current PB Ratio is 2.02, which is 24% above median its 10-year median of 1.63 and 55.4% above the Capital Markets industry median of 1.30. Arihant Capital Markets' overall GF Score™ is 60/100 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 Arihant Capital Markets (BOM:511605), the current PB Ratio is 2.02 as of Jul. 27, 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 Arihant Capital Markets (BOM:511605) Overvalued in 2026?

Based on GuruFocus' analysis, Arihant Capital Markets stock appears to be undervalued. The current stock price of ₹81.10 is trading 2.9% below its estimated GF Value™ of ₹83.55. GuruFocus considers Arihant Capital Markets to be Fairly Valued.

Key valuation signals for BOM:511605:

  • PB Ratio: 2.02 (24% above median its 10-year median of 1.63)
  • GF Value™: ₹83.55 vs. price of ₹81.10 (2.9% below fair value)
  • GF Score™: 60/100 with 6 warning signs
  • Industry Position: 55.4% above the Capital Markets median (#509 of 778)

No single metric tells the full story. See the BOM:511605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arihant Capital Markets Business Description

Other Exchanges ARIHANTCAP:India
Address Andheri Ghatkopar Link Road, Building No. 10, 1st Floor, No. 1011, Solitaire Corporate Park, Chakala, Andheri (East), Mumbai, MH, IND, 400093
Arihant Capital Markets Ltd is a holding company that is engaged in the provision of financial services. The company provides products and services, including equities, commodities, currency, financial planning, depository services, priority client group services (PCG), merchant banking, and investment banking services to a substantial and diversified clientele that includes individuals, corporations, and financial institutions. It also offers online and mobile trading, algorithmic trading, depository, and real estate services, as well as provides stock lending and borrowing, investment and trading Webinars, insurance, and RGESS services. Geographically, all the operations were conducted throughout the region of India.
60GF Score

Get the complete analysis for BOM:511605

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹81.10
Price
₹83.55
GF Value