Maan Aluminium (BOM:532906) PB Ratio: 2.72 (As of Aug. 09, 2026) — 25% Above Median

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BOM:532906 Maan Aluminium Ltd BOM:532906
70 GF Score
Price ₹124.60
GF Value ₹108.89
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Maan Aluminium PB Ratio?

Maan Aluminium BOM:532906 -2.50% 70 PB Ratio is 2.72 as of Aug. 09, 2026, which is 25% above its 10-year median of 2.17. GuruFocus rates BOM:532906 with a GF Score™ of 70/100 and a GF Value™ of ₹108.89 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,362 Metals & Mining companies, Maan Aluminium ranks worse than 57.07% 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), Maan Aluminium's share price is ₹124.60. Maan Aluminium's Book Value per Share for the quarter that ended in Mar. 2026 was ₹45.80. Hence, Maan Aluminium's PB Ratio of today is 2.72.

Good Sign:

Maan Aluminium Ltd stock PB Ratio (=2.72) is close to 3-year low of 2.48.

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

BOM:532906' s PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 2.17   Max: 7.64
Current: 2.72

During the past 13 years, Maan Aluminium's highest PB Ratio was 7.64. The lowest was 0.40. And the median was 2.17.

BOM:532906's PB Ratio is ranked worse than
57.07% of 2362 companies
in the Metals & Mining industry
Industry Median: 2.26 vs BOM:532906: 2.72

During the past 12 months, Maan Aluminium's average Book Value Per Share Growth Rate was 38.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 30.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 26.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Maan Aluminium was 37.50% per year. The lowest was 0.20% per year. And the median was 17.00% per year.

Back to Basics: PB Ratio


Maan Aluminium  (BOM:532906) 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.


Maan Aluminium PB Ratio Related Terms


Maan Aluminium PB Ratio Historical Data

* Premium members only.

The historical data trend for Maan Aluminium'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.

Maan Aluminium PB Ratio Chart

Maan Aluminium 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 2.16 1.80 4.55 2.32 2.63

Maan Aluminium 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 2.32 0.00 3.19 0.00 2.63

BOM:532906 vs AA: PB Ratio Comparison

For the Aluminum subindustry, Maan Aluminium'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.


Maan Aluminium PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Maan Aluminium's PB Ratio distribution charts can be found below:

* The bar in red indicates where Maan Aluminium's PB Ratio falls into.


BOM:532906
70GF Score
Maan Aluminium Ltd BOM:532906
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maan Aluminium 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.

Maan Aluminium's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=124.60/45.803
=2.72

* 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 2.72 mean?
Maan Aluminium (BOM:532906) has a PB Ratio of 2.72 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 Maan Aluminium and its competitors. This is 25% above median its historical median of 2.17. Over the past decade, Maan Aluminium's PB Ratio has ranged from 0.40 to 7.64. According to the industry distribution chart, Maan Aluminium ranks #1348 out of 2362 companies in the Metals & Mining industry, placing it in the top 57.1%.
Is Maan Aluminium's PB Ratio too high?
Maan Aluminium's current PB Ratio of 2.72 is 25% above median its 10-year median of 2.17. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 7.64. The Metals & Mining industry median PB Ratio is 2.26. Maan Aluminium's value of 2.72 is 20.4% above this industry median. Based on the distribution chart, Maan Aluminium ranks #1348 out of 2362 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Maan Aluminium has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maan Aluminium's PB Ratio compare to AA?
According to the Metals & Mining industry distribution chart, Maan Aluminium ranks #1348 out of 2362 companies for PB Ratio. This places Maan Aluminium in the lower half of its industry. The industry median PB Ratio is 2.26. Maan Aluminium's value of 2.72 is 20.4% above this benchmark. Historically, Maan Aluminium's own PB Ratio has ranged from 0.40 to 7.64 over the past decade. While the company's 10-year median is 2.17 vs. the industry median of 2.26, Maan Aluminium 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 Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.26, based on 2,362 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. Maan Aluminium's current PB Ratio of 2.72 is 20.4% 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 Maan Aluminium and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maan Aluminium's current PB Ratio is 2.72, which is 25% above median its own 10-year median of 2.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maan Aluminium stock overvalued right now?
Based on GuruFocus' analysis, Maan Aluminium (BOM:532906) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹108.89, compared to a current price of ₹124.60 — trading 14.4% above its estimated fair value. The current PB Ratio is 2.72, which is 25% above median its 10-year median of 2.17 and 20.4% above the Metals & Mining industry median of 2.26. Maan Aluminium's overall GF Score™ is 70/100 with 7 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 Maan Aluminium (BOM:532906), the current PB Ratio is 2.72 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.

Is Maan Aluminium (BOM:532906) Overvalued in 2026?

Based on GuruFocus' analysis, Maan Aluminium stock appears to be overvalued. The current stock price of ₹124.60 is trading 14.4% above its estimated GF Value™ of ₹108.89. GuruFocus considers Maan Aluminium to be Modestly Overvalued.

Key valuation signals for BOM:532906:

  • PB Ratio: 2.72 (25% above median its 10-year median of 2.17)
  • GF Value™: ₹108.89 vs. price of ₹124.60 (14.4% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 20.4% above the Metals & Mining median (#1348 of 2362)

No single metric tells the full story. See the BOM:532906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maan Aluminium Business Description

Other Exchanges MAANALU:India
Address Asaf Ali Road, 4/5, 1st Floor, New Delhi, IND, 110002
Maan Aluminium Ltd manufactures and supplies aluminum-extruded products in India. The company is engaged in the manufacturing of aluminium profiles, anodizing & fabrication of profiles, aluminium ingots, aluminium billets etc. and other related activities.
70GF Score

Get the complete analysis for BOM:532906

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

₹124.60
Price
₹108.89
GF Value