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Lehar FootwearsBOM:532829 -0.64%84 PB Ratio is 3.22 as of Jul. 15, 2026, which is 160% above its 10-year median of 1.24. GuruFocus rates BOM:532829 with a GF Score™ of 84/100 and a GF Value™ of ₹282.06 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,000 Manufacturing - Apparel & Accessories companies, Lehar Footwears ranks worse than 83.8% 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 (2026-07-15), Lehar Footwears's share price is ₹241.00. Lehar Footwears's Book Value per Share for the quarter that ended in Mar. 2026 was ₹74.92. Hence, Lehar Footwears's PB Ratio of today is 3.22.
The historical rank and industry rank for Lehar Footwears's PB Ratio or its related term are showing as below:
BOM:532829'
s PB Ratio Range Over the Past 10 Years
Min: 0.36 Med: 1.24 Max: 4.35
Current: 3.21
During the past 13 years, Lehar Footwears's highest PB Ratio was 4.35. The lowest was 0.36. And the median was 1.24.
During the past 12 months, Lehar Footwears's average Book Value Per Share Growth Rate was 17.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lehar Footwears was 16.40% per year. The lowest was 3.10% per year. And the median was 7.50% 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.
Lehar Footwears PB Ratio Related Terms
Lehar Footwears PB Ratio Historical Data
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The historical data trend for Lehar Footwears'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.
BOM:532829 vs NKE, DECK, ONON: PB Ratio Comparison
For the Footwear & Accessories subindustry, Lehar Footwears'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.
Lehar Footwears PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lehar Footwears's PB Ratio distribution charts can be found below:
* The bar in red indicates where Lehar Footwears'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.
Lehar Footwears'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.
Lehar Footwears (BOM:532829) has a PB Ratio of 3.22 as of Jul. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Lehar Footwears and its competitors. This is 160% above median its historical median of 1.24. Over the past decade, Lehar Footwears' PB Ratio has ranged from 0.36 to 4.35. According to the industry distribution chart, Lehar Footwears ranks #838 out of 1000 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 83.8%.
Is Lehar Footwears' PB Ratio too high?
Lehar Footwears' current PB Ratio of 3.22 is 160% above median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 4.35. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.08. Lehar Footwears' value of 3.22 is 198.1% above this industry median. Based on the distribution chart, Lehar Footwears ranks #838 out of 1000 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Lehar Footwears has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lehar Footwears' PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lehar Footwears ranks #838 out of 1000 companies for PB Ratio. This places Lehar Footwears in the lower half of its industry. The industry median PB Ratio is 1.08. Lehar Footwears' value of 3.22 is 198.1% above this benchmark. Historically, Lehar Footwears' own PB Ratio has ranged from 0.36 to 4.35 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 1.08, Lehar Footwears 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.08, based on 1,000 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. Lehar Footwears's current PB Ratio of 3.22 is 198.1% 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 Lehar Footwears and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lehar Footwears's current PB Ratio is 3.22, which is 160% above median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lehar Footwears stock overvalued right now?
Based on GuruFocus' analysis, Lehar Footwears (BOM:532829) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹282.06, compared to a current price of ₹241.00 — trading 14.6% below its estimated fair value. The current PB Ratio is 3.22, which is 160% above median its 10-year median of 1.24 and 198.1% above the Manufacturing - Apparel & Accessories industry median of 1.08. Lehar Footwears' overall GF Score™ is 84/100 with 1 warning sign 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 Lehar Footwears (BOM:532829), the current PB Ratio is 3.22 as of Jul. 15, 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 Lehar Footwears (BOM:532829) Overvalued in 2026?
Based on GuruFocus' analysis, Lehar Footwears stock appears to be undervalued.
The current stock price of ₹241.00 is trading 14.6% below its estimated GF Value™ of ₹282.06.
GuruFocus considers Lehar Footwears to be Modestly Undervalued.
Key valuation signals for BOM:532829:
PB Ratio: 3.22 (160% above median its 10-year median of 1.24)
GF Value™: ₹282.06 vs. price of ₹241.00 (14.6% below fair value)
Industry Position: 198.1% above the Manufacturing - Apparel & Accessories median (#838 of 1000)
No single metric tells the full story. See the BOM:532829 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lehar Footwears Ltd is an India-based footwear manufacturing company. It manufactures a variety of footwear like lightweight fancy slippers, Polyvinyl Chloride (PVC) and Thermoplastic rubbers (TPR) footwear, synthetic leather chappals in addition to Hawai Chappals and canvas shoes. It manufactures and sells its products under the name LEHAR in the domestic market. The company operates in one single segment which is the Manufacturing of Footwear.
84GF Score
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