Royal India (BOM:512047) PB Ratio: 0.49 (As of Aug. 31, 2026) — 158% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:512047 Royal India Corp Ltd BOM:512047
39 GF Score
Price ₹5.65
GF Value ₹0.36
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Royal India PB Ratio?

Royal India BOM:512047 +0.53% 39 PB Ratio is 0.49 as of Aug. 31, 2026, which is 158% above its 10-year median of 0.19. GuruFocus rates BOM:512047 with a GF Score™ of 39/100 and a GF Value™ of ₹0.36 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,066 Retail - Cyclical companies, Royal India ranks better than 86.77% 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 (2026-08-31), Royal India's share price is ₹5.65. Royal India's Book Value per Share for the quarter that ended in Jun. 2026 was ₹11.55. Hence, Royal India's PB Ratio of today is 0.49.

The historical rank and industry rank for Royal India's PB Ratio or its related term are showing as below:

BOM:512047' s PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.19   Max: 6.46
Current: 0.49

During the past 13 years, Royal India's highest PB Ratio was 6.46. The lowest was 0.06. And the median was 0.19.

BOM:512047's PB Ratio is ranked better than
86.77% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 1.505 vs BOM:512047: 0.49

During the past 12 months, Royal India's average Book Value Per Share Growth Rate was 63.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Royal India was 1.20% per year. The lowest was -125.50% per year. And the median was -6.45% per year.

Back to Basics: PB Ratio


Royal India  (BOM:512047) 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.


Royal India PB Ratio Related Terms


Royal India PB Ratio Historical Data

* Premium members only.

The historical data trend for Royal 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.

Royal India PB Ratio Chart

Royal India 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 0.00 0.00 0.00 1.27 0.38

Royal India 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 0.84 0.00 0.38 0.00

BOM:512047 vs TPR: PB Ratio Comparison

For the Luxury Goods subindustry, Royal 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.


Royal India PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Royal India's PB Ratio distribution charts can be found below:

* The bar in red indicates where Royal India's PB Ratio falls into.


BOM:512047
39GF Score
Royal India Corp Ltd BOM:512047
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Royal India 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.

Royal India's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=5.65/11.548
=0.49

* 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 0.49 mean?
Royal India (BOM:512047) has a PB Ratio of 0.49 as of Aug. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Royal India and its competitors. This is 158% above median its historical median of 0.19. Over the past decade, Royal India's PB Ratio has ranged from 0.06 to 6.46. According to the industry distribution chart, Royal India ranks #141 out of 1066 companies in the Retail - Cyclical industry, placing it in the top 13.2%.
Is Royal India's PB Ratio too high?
Royal India's current PB Ratio of 0.49 is 158% above median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 6.46. The Retail - Cyclical industry median PB Ratio is 1.51. Royal India's value of 0.49 is 67.4% below this industry median. Based on the distribution chart, Royal India ranks #141 out of 1066 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Royal India has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal India's PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Royal India ranks #141 out of 1066 companies for PB Ratio. This places Royal India in the top 13% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.51. Royal India's value of 0.49 is 67.4% below this benchmark. Historically, Royal India's own PB Ratio has ranged from 0.06 to 6.46 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 1.51, Royal India has consistently been below 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.51, based on 1,066 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. Royal India's current PB Ratio of 0.49 is 67.4% below 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 Royal India and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal India's current PB Ratio is 0.49, which is 158% above median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal India stock overvalued right now?
Based on GuruFocus' analysis, Royal India (BOM:512047) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.36, compared to a current price of ₹5.65 — trading 1469.4% above its estimated fair value. The current PB Ratio is 0.49, which is 158% above median its 10-year median of 0.19 and 67.4% below the Retail - Cyclical industry median of 1.51. Royal India's overall GF Score™ is 39/100 with 7 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 Royal India (BOM:512047), the current PB Ratio is 0.49 as of Aug. 31, 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 Royal India (BOM:512047) Overvalued in 2026?

Based on GuruFocus' analysis, Royal India stock appears to be overvalued. The current stock price of ₹5.65 is trading 1469.4% above its estimated GF Value™ of ₹0.36. GuruFocus considers Royal India to be Significantly Overvalued.

Key valuation signals for BOM:512047:

  • PB Ratio: 0.49 (158% above median its 10-year median of 0.19)
  • GF Value™: ₹0.36 vs. price of ₹5.65 (1469.4% above fair value)
  • GF Score™: 39/100 with 7 warning signs
  • Industry Position: 67.4% below the Retail - Cyclical median (#141 of 1066)

No single metric tells the full story. See the BOM:512047 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Royal India Business Description

Address Plot - 45/47, Dhirubhai Parekh Marg, 34, 2nd Floor, Shanti Bhavan, Ladwadi, Kalbadevi, Mumbai, MH, IND, 400002
Royal India Corp Ltd is engaged in the wholesale trading of Gold Bullion, plain gold jewelry, gold coins, and medallions. It derives the majority of its revenue from Local Gold Bar Sales. The Company has business operations mainly in India.
39GF Score

Get the complete analysis for BOM:512047

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

₹5.65
Price
₹0.36
GF Value