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Tandhan IndustriesBOM:512062 +0.69%20 PB Ratio is 4.15 as of Aug. 03, 2026, which is 323% above its 10-year median of 0.98. GuruFocus rates BOM:512062 with a GF Score™ of 20/100. The stock has 4 warning signs investors should review. Among 775 Capital Markets companies, Tandhan Industries ranks worse than 83.61% on this metric.
Tandhan Industries Ltd stock PB Ratio (=4.29) is close to 10-year high of 4.52.
The historical rank and industry rank for Tandhan Industries's PB Ratio or its related term are showing as below:
BOM:512062'
s PB Ratio Range Over the Past 10 Years
Min: 0.6 Med: 0.98 Max: 4.52
Current: 4.07
During the past 13 years, Tandhan Industries's highest PB Ratio was 4.52. The lowest was 0.60. And the median was 0.98.
BOM:512062's PB Ratio is ranked worse than 83.61% of 775
companies
in the Capital Markets industry
Industry Median: 1.31
vs BOM:512062: 4.07
During the past 12 months, Tandhan Industries's average Book Value Per Share Growth Rate was 146.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 53.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 23.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 6.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tandhan Industries was 53.60% per year. The lowest was -9.70% per year. And the median was 0.20% 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.
Tandhan Industries PB Ratio Related Terms
Tandhan Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Tandhan Industries'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 Capital Markets subindustry, Tandhan Industries'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.
Tandhan Industries PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Tandhan Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tandhan Industries'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.
Tandhan Industries (BOM:512062) has a PB Ratio of 4.15 as of Aug. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tandhan Industries and its competitors. This is 323% above median its historical median of 0.98. Over the past decade, Tandhan Industries' PB Ratio has ranged from 0.60 to 4.52. According to the industry distribution chart, Tandhan Industries ranks #648 out of 775 companies in the Capital Markets industry, placing it in the top 83.6%.
Is Tandhan Industries' PB Ratio too high?
Tandhan Industries' current PB Ratio of 4.15 is 323% above median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 4.52. The Capital Markets industry median PB Ratio is 1.31. Tandhan Industries' value of 4.15 is 216.8% above this industry median. Based on the distribution chart, Tandhan Industries ranks #648 out of 775 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Tandhan Industries has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Tandhan Industries' PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Tandhan Industries ranks #648 out of 775 companies for PB Ratio. This places Tandhan Industries in the lower half of its industry. The industry median PB Ratio is 1.31. Tandhan Industries' value of 4.15 is 216.8% above this benchmark. Historically, Tandhan Industries' own PB Ratio has ranged from 0.60 to 4.52 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 1.31, Tandhan Industries 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 1.31, based on 775 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. Tandhan Industries's current PB Ratio of 4.15 is 216.8% 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 Tandhan Industries and its competitors. For the Capital Markets industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tandhan Industries's current PB Ratio is 4.15, which is 323% above median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tandhan Industries stock overvalued right now?
Tandhan Industries (BOM:512062) has a current PB Ratio of 4.15. The current PB Ratio is 4.15, which is 323% above median its 10-year median of 0.98 and 216.8% above the Capital Markets industry median of 1.31. Tandhan Industries' overall GF Score™ is 20/100 with 4 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 Tandhan Industries (BOM:512062), the current PB Ratio is 4.15 as of Aug. 03, 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.
Tandhan Industries Ltd, formerly Sanmitra Commercial Ltd provides securities trading services. It invests in shares, securities, and bonds and provides consultancy services. As of now, the company is not engaged in any activity, and the management is looking for the right opportunity to make the company operational.
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