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Ganga Papers IndiaBOM:531813 +2.55%67 PB Ratio is 3.34 as of Aug. 21, 2026, which is 4% above its 10-year median of 3.21. GuruFocus rates BOM:531813 with a GF Score™ of 67/100 and a GF Value™ of ₹114.93 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 271 Forest Products companies, Ganga Papers India ranks worse than 90.04% on this metric.
Ganga Papers India Ltd stock PB Ratio (=3.26) is close to 1-year high of 3.26.
The historical rank and industry rank for Ganga Papers India's PB Ratio or its related term are showing as below:
BOM:531813'
s PB Ratio Range Over the Past 10 Years
Min: 1.09 Med: 3.21 Max: 7.78
Current: 3.34
During the past 13 years, Ganga Papers India's highest PB Ratio was 7.78. The lowest was 1.09. And the median was 3.21.
BOM:531813's PB Ratio is ranked worse than 90.04% of 271
companies
in the Forest Products industry
Industry Median: 0.78
vs BOM:531813: 3.34
During the past 12 months, Ganga Papers India's average Book Value Per Share Growth Rate was 5.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ganga Papers India was 23.20% per year. The lowest was 5.30% per year. And the median was 17.00% 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.
Ganga Papers India PB Ratio Related Terms
Ganga Papers India PB Ratio Historical Data
* Premium members only.
The historical data trend for Ganga Papers India'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 Paper & Paper Products subindustry, Ganga Papers India'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.
Ganga Papers India PB Ratio vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Ganga Papers India's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ganga Papers India'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.
Ganga Papers India (BOM:531813) has a PB Ratio of 3.34 as of Aug. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ganga Papers India and its competitors. This is near median its historical median of 3.21. Over the past decade, Ganga Papers India's PB Ratio has ranged from 1.09 to 7.78. According to the industry distribution chart, Ganga Papers India ranks #244 out of 271 companies in the Forest Products industry, placing it in the top 90%.
Is Ganga Papers India's PB Ratio too high?
Ganga Papers India's current PB Ratio of 3.34 is near median its 10-year median of 3.21. Over the past 10 years, this metric has ranged from a low of 1.09 to a high of 7.78. The Forest Products industry median PB Ratio is 0.78. Ganga Papers India's value of 3.34 is 328.2% above this industry median. Based on the distribution chart, Ganga Papers India ranks #244 out of 271 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Ganga Papers India has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ganga Papers India's PB Ratio compare to competitors?
According to the Forest Products industry distribution chart, Ganga Papers India ranks #244 out of 271 companies for PB Ratio. This places Ganga Papers India in the lower half of its industry. The industry median PB Ratio is 0.78. Ganga Papers India's value of 3.34 is 328.2% above this benchmark. Historically, Ganga Papers India's own PB Ratio has ranged from 1.09 to 7.78 over the past decade. While the company's 10-year median is 3.21 vs. the industry median of 0.78, Ganga Papers India 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 Forest Products company?
The median PB Ratio among Forest Products companies is 0.78, based on 271 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. Ganga Papers India's current PB Ratio of 3.34 is 328.2% 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 Ganga Papers India and its competitors. For the Forest Products industry, the median PB Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ganga Papers India's current PB Ratio is 3.34, which is near median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ganga Papers India stock overvalued right now?
Based on GuruFocus' analysis, Ganga Papers India (BOM:531813) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹114.93, compared to a current price of ₹100.00 — trading 13% below its estimated fair value. The current PB Ratio is 3.34, which is near median its 10-year median of 3.21 and 328.2% above the Forest Products industry median of 0.78. Ganga Papers India's overall GF Score™ is 67/100 with 5 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 Ganga Papers India (BOM:531813), the current PB Ratio is 3.34 as of Aug. 21, 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 Ganga Papers India (BOM:531813) Overvalued in 2026?
Based on GuruFocus' analysis, Ganga Papers India stock appears to be undervalued.
The current stock price of ₹100.00 is trading 13% below its estimated GF Value™ of ₹114.93.
GuruFocus considers Ganga Papers India to be Modestly Undervalued.
Key valuation signals for BOM:531813:
PB Ratio: 3.34 (near median its 10-year median of 3.21)
GF Value™: ₹114.93 vs. price of ₹100.00 (13% below fair value)
Industry Position: 328.2% above the Forest Products median (#244 of 271)
No single metric tells the full story. See the BOM:531813 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ganga Papers India Ltd is an Indian company engaged in the manufacturing and sale of paper and paper products. It produces kraft paper, including fluting paper and test liner kraft, as well as newsprint, writing papers, and packaging paperboard products. The company also provides pulp products derived from recycled grades of waste paper, making its paper production eco-friendly. Its products are used for industrial, packaging, stationery, and textbook applications. Ganga Papers operates manufacturing facilities in Pune, Maharashtra, and its revenue is mainly generated from sales of its diversified paper products.
67GF Score
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