Narmada Gelatines (BOM:526739) PB Ratio: 2.02 (As of Aug. 24, 2026) — 149% Above Median

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BOM:526739 Narmada Gelatines Ltd BOM:526739
72 GF Score
Price ₹486.00
GF Value ₹464.00
Valuation Fairly Valued
! 3 Warning Signs
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What is Narmada Gelatines PB Ratio?

Narmada Gelatines BOM:526739 -1.42% 72 PB Ratio is 2.02 as of Aug. 24, 2026, which is 149% above its 10-year median of 0.81. GuruFocus rates BOM:526739 with a GF Score™ of 72/100 and a GF Value™ of ₹464.00 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,580 Chemicals companies, Narmada Gelatines ranks worse than 57.09% 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 (2026-08-24), Narmada Gelatines's share price is ₹486.00. Narmada Gelatines's Book Value per Share for the quarter that ended in Jun. 2026 was ₹240.09. Hence, Narmada Gelatines's PB Ratio of today is 2.02.

Warning Sign:

Narmada Gelatines Ltd stock PB Ratio (=2.02) is close to 1-year high of 2.05.

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

BOM:526739' s PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.81   Max: 2.8
Current: 2.02

During the past 13 years, Narmada Gelatines's highest PB Ratio was 2.80. The lowest was 0.54. And the median was 0.81.

BOM:526739's PB Ratio is ranked worse than
57.09% of 1580 companies
in the Chemicals industry
Industry Median: 1.715 vs BOM:526739: 2.02

During the past 12 months, Narmada Gelatines's average Book Value Per Share Growth Rate was 20.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 15.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Narmada Gelatines was 17.50% per year. The lowest was -11.70% per year. And the median was 7.40% per year.

Back to Basics: PB Ratio


Narmada Gelatines  (BOM:526739) 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.


Narmada Gelatines PB Ratio Related Terms


Narmada Gelatines PB Ratio Historical Data

* Premium members only.

The historical data trend for Narmada Gelatines'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.

Narmada Gelatines PB Ratio Chart

Narmada Gelatines 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 0.86 1.88 1.85 1.60 1.42

Narmada Gelatines 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 1.71 0.00 1.42 0.00

BOM:526739 vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, Narmada Gelatines'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.


Narmada Gelatines PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Narmada Gelatines's PB Ratio distribution charts can be found below:

* The bar in red indicates where Narmada Gelatines's PB Ratio falls into.


BOM:526739
72GF Score
Narmada Gelatines Ltd BOM:526739
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Narmada Gelatines 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.

Narmada Gelatines's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=486.00/240.088
=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?
Narmada Gelatines (BOM:526739) has a PB Ratio of 2.02 as of Aug. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Narmada Gelatines and its competitors. This is 149% above median its historical median of 0.81. Over the past decade, Narmada Gelatines' PB Ratio has ranged from 0.54 to 2.80. According to the industry distribution chart, Narmada Gelatines ranks #902 out of 1580 companies in the Chemicals industry, placing it in the top 57.1%.
Is Narmada Gelatines' PB Ratio too high?
Narmada Gelatines' current PB Ratio of 2.02 is 149% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 2.80. The Chemicals industry median PB Ratio is 1.72. Narmada Gelatines' value of 2.02 is 17.8% above this industry median. Based on the distribution chart, Narmada Gelatines ranks #902 out of 1580 companies in the Chemicals industry, which is below the industry midpoint. Overall, Narmada Gelatines has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Narmada Gelatines' PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Narmada Gelatines ranks #902 out of 1580 companies for PB Ratio. This places Narmada Gelatines in the lower half of its industry. The industry median PB Ratio is 1.72. Narmada Gelatines' value of 2.02 is 17.8% above this benchmark. Historically, Narmada Gelatines' own PB Ratio has ranged from 0.54 to 2.80 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.72, Narmada Gelatines 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.72, based on 1,580 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. Narmada Gelatines's current PB Ratio of 2.02 is 17.8% 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 Narmada Gelatines and its competitors. For the Chemicals industry, the median PB Ratio is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narmada Gelatines's current PB Ratio is 2.02, which is 149% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmada Gelatines stock overvalued right now?
Based on GuruFocus' analysis, Narmada Gelatines (BOM:526739) is currently considered Fairly Valued. The stock's GF Value™ is ₹464.00, compared to a current price of ₹486.00 — trading 4.7% above its estimated fair value. The current PB Ratio is 2.02, which is 149% above median its 10-year median of 0.81 and 17.8% above the Chemicals industry median of 1.72. Narmada Gelatines' overall GF Score™ is 72/100 with 3 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 Narmada Gelatines (BOM:526739), the current PB Ratio is 2.02 as of Aug. 24, 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 Narmada Gelatines (BOM:526739) Overvalued in 2026?

Based on GuruFocus' analysis, Narmada Gelatines stock appears to be overvalued. The current stock price of ₹486.00 is trading 4.7% above its estimated GF Value™ of ₹464.00. GuruFocus considers Narmada Gelatines to be Fairly Valued.

Key valuation signals for BOM:526739:

  • PB Ratio: 2.02 (149% above median its 10-year median of 0.81)
  • GF Value™: ₹464.00 vs. price of ₹486.00 (4.7% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 17.8% above the Chemicals median (#902 of 1580)

No single metric tells the full story. See the BOM:526739 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Narmada Gelatines Business Description

Address 15 Civil Lines, Post Box No. 91, Caravs Building, 1st Floor, Room No 28, Jabalpur, MP, IND, 482001
Narmada Gelatines Ltd manufactures and sells Ossein, Gelatine, and by-product Di-calcium Phosphate (DCP) from its Jabalpur facility. Gelatine, a natural animal protein derived from collagen in animal bones, especially bovine bones, is composed of essential amino acids and used in pharmaceuticals, food, photographic, and technical industries. The company operates mainly in India and exports internationally, with domestic sales forming the majority of its revenue. Gelatine and its related products form the company's main operating segment.
72GF Score

Get the complete analysis for BOM:526739

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

₹486.00
Price
₹464.00
GF Value