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Harmony Capital ServicesBOM:530055 44 PB Ratio is 30.75 as of Aug. 14, 2026, which is 2441% above its 10-year median of 1.21. GuruFocus rates BOM:530055 with a GF Score™ of 44/100 and a GF Value™ of ₹339.20 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 777 Capital Markets companies, Harmony Capital Services ranks worse than 98.97% on this metric.
Harmony Capital Services Ltd stock PB Ratio (=29.28) is close to 10-year high of 29.28.
The historical rank and industry rank for Harmony Capital Services's PB Ratio or its related term are showing as below:
BOM:530055'
s PB Ratio Range Over the Past 10 Years
Min: 1 Med: 1.21 Max: 30.74
Current: 30.74
During the past 13 years, Harmony Capital Services's highest PB Ratio was 30.74. The lowest was 1.00. And the median was 1.21.
BOM:530055's PB Ratio is ranked worse than 98.97% of 777
companies
in the Capital Markets industry
Industry Median: 1.32
vs BOM:530055: 30.74
During the past 12 months, Harmony Capital Services's average Book Value Per Share Growth Rate was 36.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -10.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -8.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -3.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Harmony Capital Services was 6.40% per year. The lowest was -17.50% per year. And the median was 0.60% 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.
* 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, Harmony Capital Services'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.
Harmony Capital Services PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Harmony Capital Services's PB Ratio distribution charts can be found below:
* The bar in red indicates where Harmony Capital Services'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.
Harmony Capital Services (BOM:530055) has a PB Ratio of 30.75 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Harmony Capital Services and its competitors. This is 2441% above median its historical median of 1.21. Over the past decade, Harmony Capital Services' PB Ratio has ranged from 1.00 to 30.74. According to the industry distribution chart, Harmony Capital Services ranks #769 out of 777 companies in the Capital Markets industry, placing it in the top 99%.
Is Harmony Capital Services' PB Ratio too high?
Harmony Capital Services' current PB Ratio of 30.75 is 2441% above median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 30.74. The Capital Markets industry median PB Ratio is 1.32. Harmony Capital Services' value of 30.75 is 2229.5% above this industry median. Based on the distribution chart, Harmony Capital Services ranks #769 out of 777 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Harmony Capital Services has a GF Score™ of 44/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harmony Capital Services' PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Harmony Capital Services ranks #769 out of 777 companies for PB Ratio. This places Harmony Capital Services in the lower half of its industry. The industry median PB Ratio is 1.32. Harmony Capital Services' value of 30.75 is 2229.5% above this benchmark. Historically, Harmony Capital Services' own PB Ratio has ranged from 1.00 to 30.74 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 1.32, Harmony Capital Services 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 1.32, based on 777 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. Harmony Capital Services's current PB Ratio of 30.75 is 2229.5% 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 Harmony Capital Services and its competitors. For the Capital Markets industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harmony Capital Services's current PB Ratio is 30.75, which is 2441% above median its own 10-year median of 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harmony Capital Services stock overvalued right now?
Based on GuruFocus' analysis, Harmony Capital Services (BOM:530055) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹339.20, compared to a current price of ₹102.73 — trading 69.7% below its estimated fair value. The current PB Ratio is 30.75, which is 2441% above median its 10-year median of 1.21 and 2229.5% above the Capital Markets industry median of 1.32. Harmony Capital Services' overall GF Score™ is 44/100 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 Harmony Capital Services (BOM:530055), the current PB Ratio is 30.75 as of Aug. 14, 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 Harmony Capital Services (BOM:530055) Overvalued in 2026?
Based on GuruFocus' analysis, Harmony Capital Services stock appears to be undervalued.
The current stock price of ₹102.73 is trading 69.7% below its estimated GF Value™ of ₹339.20.
GuruFocus considers Harmony Capital Services to be Significantly Undervalued.
Key valuation signals for BOM:530055:
PB Ratio: 30.75 (2441% above median its 10-year median of 1.21)
GF Value™: ₹339.20 vs. price of ₹102.73 (69.7% below fair value)
Industry Position: 2229.5% above the Capital Markets median (#769 of 777)
No single metric tells the full story. See the BOM:530055 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harmony Capital Services Ltd is a financial services company. The Company is engaged in investment activities and other financial services for corporations and individuals. The services include financial consultancy, lease and hire purchase syndication, bill discounting, inter-corporate deposits, capital structuring, mergers, acquisitions, and divestments, consultancy to the public, loan syndication with banks and financial institutions, and investment banking, among others.
44GF Score
Get the complete analysis for BOM:530055
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