Garnet Construction (BOM:526727) PB Ratio: 0.65 (As of Aug. 09, 2026) — 86% 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:526727 Garnet Construction Ltd BOM:526727
58 GF Score
Price ₹66.25
! 2 Warning Signs
View Full Analysis

What is Garnet Construction PB Ratio?

Garnet Construction BOM:526727 +0.88% 58 PB Ratio is 0.65 as of Aug. 09, 2026, which is 86% above its 10-year median of 0.35. GuruFocus rates BOM:526727 with a GF Score™ of 58/100. The stock has 2 warning signs investors should review. Among 1,714 Real Estate companies, Garnet Construction ranks better than 60.97% 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 (2026-08-09), Garnet Construction's share price is ₹66.25. Garnet Construction's Book Value per Share for the quarter that ended in Mar. 2026 was ₹102.41. Hence, Garnet Construction's PB Ratio of today is 0.65.

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

BOM:526727' s PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.35   Max: 0.95
Current: 0.65

During the past 13 years, Garnet Construction's highest PB Ratio was 0.95. The lowest was 0.11. And the median was 0.35.

BOM:526727's PB Ratio is ranked better than
60.97% of 1714 companies
in the Real Estate industry
Industry Median: 0.81 vs BOM:526727: 0.65

During the past 12 months, Garnet Construction's average Book Value Per Share Growth Rate was 38.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Garnet Construction was 15.40% per year. The lowest was 0.10% per year. And the median was 3.70% per year.

Back to Basics: PB Ratio


Garnet Construction  (BOM:526727) 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.


Garnet Construction PB Ratio Related Terms


Garnet Construction PB Ratio Historical Data

* Premium members only.

The historical data trend for Garnet Construction'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.

Garnet Construction PB Ratio Chart

Garnet Construction 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 0.41 0.17 0.32 0.32 0.75

Garnet Construction Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.32 0.00 0.53 0.00 0.75

Garnet Construction PB Ratio Competitor Comparison

For the Real Estate - Development subindustry, Garnet Construction'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.


Garnet Construction PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Garnet Construction's PB Ratio distribution charts can be found below:

* The bar in red indicates where Garnet Construction's PB Ratio falls into.


BOM:526727
58GF Score
Garnet Construction Ltd BOM:526727
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Garnet Construction 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.

Garnet Construction's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=66.25/102.407
=0.65

* 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 0.65 mean?
Garnet Construction (BOM:526727) has a PB Ratio of 0.65 as of Aug. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Garnet Construction and its competitors. This is 86% above median its historical median of 0.35. Over the past decade, Garnet Construction's PB Ratio has ranged from 0.11 to 0.95. According to the industry distribution chart, Garnet Construction ranks #669 out of 1714 companies in the Real Estate industry, placing it in the top 39%.
Is Garnet Construction's PB Ratio too high?
Garnet Construction's current PB Ratio of 0.65 is 86% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.95. The Real Estate industry median PB Ratio is 0.81. Garnet Construction's value of 0.65 is 19.8% below this industry median. Based on the distribution chart, Garnet Construction ranks #669 out of 1714 companies in the Real Estate industry, which is above the industry midpoint. Overall, Garnet Construction has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Garnet Construction's PB Ratio compare to competitors?
According to the Real Estate industry distribution chart, Garnet Construction ranks #669 out of 1714 companies for PB Ratio. This puts Garnet Construction in the upper half of its industry. The industry median PB Ratio is 0.81. Garnet Construction's value of 0.65 is 19.8% below this benchmark. Historically, Garnet Construction's own PB Ratio has ranged from 0.11 to 0.95 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.81, Garnet Construction 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 Real Estate company?
The median PB Ratio among Real Estate companies is 0.81, based on 1,714 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. Garnet Construction's current PB Ratio of 0.65 is 19.8% 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 Garnet Construction and its competitors. For the Real Estate industry, the median PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garnet Construction's current PB Ratio is 0.65, which is 86% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garnet Construction stock overvalued right now?
Garnet Construction (BOM:526727) has a current PB Ratio of 0.65. The current PB Ratio is 0.65, which is 86% above median its 10-year median of 0.35 and 19.8% below the Real Estate industry median of 0.81. Garnet Construction's overall GF Score™ is 58/100 with 2 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 Garnet Construction (BOM:526727), the current PB Ratio is 0.65 as of Aug. 09, 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.

Garnet Construction Business Description

Address New Link Road, 501/531, Laxmi Mall, Laxmi Industrial Estate, Andheri West, Mumbai, MH, IND, 400053
Garnet Construction Ltd is an India-based real estate development company. The company is principally engaged in the residential, commercial, retail and other projects, such as mass housing and cluster redevelopment. The residential projects of the company are Pyramid, Brillante, and Magic Hills; the commercial project is Garnet Palladium, and the industrial projects are Arkose Industrial Estate and Aditya Industrial Estate. It derives maximum revenue from the sale of land and plots. The group operates in India.
58GF Score

Get the complete analysis for BOM:526727

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

₹66.25
Price