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.
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.
Morgan VenturesBOM:526237 -0.96%63 PB Ratio is 0.46 as of Jul. 18, 2026, which is 12% below its 10-year median of 0.52. GuruFocus rates BOM:526237 with a GF Score™ of 63/100 and a GF Value™ of ₹63.76 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,600 Asset Management companies, Morgan Ventures ranks better than 91.44% 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 (2026-07-18), Morgan Ventures's share price is ₹43.48. Morgan Ventures's Book Value per Share for the quarter that ended in Mar. 2026 was ₹94.41. Hence, Morgan Ventures's PB Ratio of today is 0.46.
Good Sign:
Morgan Ventures Ltd stock PB Ratio (=0.48) is close to 3-year low of 0.44.
The historical rank and industry rank for Morgan Ventures's PB Ratio or its related term are showing as below:
BOM:526237'
s PB Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.52 Max: 1.82
Current: 0.46
During the past 13 years, Morgan Ventures's highest PB Ratio was 1.82. The lowest was 0.14. And the median was 0.52.
BOM:526237's PB Ratio is ranked better than 91.44% of 1600
companies
in the Asset Management industry
Industry Median: 0.96
vs BOM:526237: 0.46
During the past 12 months, Morgan Ventures's average Book Value Per Share Growth Rate was 4.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 20.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 20.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Morgan Ventures was 23.70% per year. The lowest was -1.60% per year. And the median was 2.40% 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.
Morgan Ventures PB Ratio Related Terms
Morgan Ventures PB Ratio Historical Data
* Premium members only.
The historical data trend for Morgan Ventures'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 Asset Management subindustry, Morgan Ventures'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.
Morgan Ventures PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Morgan Ventures's PB Ratio distribution charts can be found below:
* The bar in red indicates where Morgan Ventures'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.
Morgan Ventures'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.
Morgan Ventures (BOM:526237) has a PB Ratio of 0.46 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Morgan Ventures and its competitors. This is 12% below median its historical median of 0.52. Over the past decade, Morgan Ventures' PB Ratio has ranged from 0.14 to 1.82. According to the industry distribution chart, Morgan Ventures ranks #137 out of 1600 companies in the Asset Management industry, placing it in the top 8.6%.
Is Morgan Ventures' PB Ratio too high?
Morgan Ventures' current PB Ratio of 0.46 is 12% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 1.82. The Asset Management industry median PB Ratio is 0.96. Morgan Ventures' value of 0.46 is 52.1% below this industry median. Based on the distribution chart, Morgan Ventures ranks #137 out of 1600 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Morgan Ventures has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Morgan Ventures' PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Morgan Ventures ranks #137 out of 1600 companies for PB Ratio. This places Morgan Ventures in the top 9% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.96. Morgan Ventures' value of 0.46 is 52.1% below this benchmark. Historically, Morgan Ventures' own PB Ratio has ranged from 0.14 to 1.82 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.96, Morgan Ventures 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 an Asset Management company?
The median PB Ratio among Asset Management companies is 0.96, based on 1,600 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. Morgan Ventures's current PB Ratio of 0.46 is 52.1% 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 Morgan Ventures and its competitors. For the Asset Management industry, the median PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morgan Ventures's current PB Ratio is 0.46, which is 12% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morgan Ventures stock overvalued right now?
Based on GuruFocus' analysis, Morgan Ventures (BOM:526237) is currently considered Possible Value Trap. The stock's GF Value™ is ₹63.76, compared to a current price of ₹43.48 — trading 31.8% below its estimated fair value. The current PB Ratio is 0.46, which is 12% below median its 10-year median of 0.52 and 52.1% below the Asset Management industry median of 0.96. Morgan Ventures' overall GF Score™ is 63/100 with 8 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 Morgan Ventures (BOM:526237), the current PB Ratio is 0.46 as of Jul. 18, 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 Morgan Ventures (BOM:526237) Overvalued in 2026?
Based on GuruFocus' analysis, Morgan Ventures stock appears to be undervalued.
The current stock price of ₹43.48 is trading 31.8% below its estimated GF Value™ of ₹63.76.
GuruFocus considers Morgan Ventures to be Possible Value Trap.
Key valuation signals for BOM:526237:
PB Ratio: 0.46 (12% below median its 10-year median of 0.52)
GF Value™: ₹63.76 vs. price of ₹43.48 (31.8% below fair value)
Industry Position: 52.1% below the Asset Management median (#137 of 1600)
No single metric tells the full story. See the BOM:526237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morgan Ventures Ltd is an India-based company. The company is a non-banking finance company. The company is engaged in the business of fund-based and non-fund-based activities.
63GF Score
Get the complete analysis for BOM:526237
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:526237 has been successfully added to your 
