Tribhovandas Bhimji Zaveri (BOM:534369) PB Ratio: 1.98 (As of Aug. 21, 2026) — 96% Above Median

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BOM:534369 Tribhovandas Bhimji Zaveri Ltd BOM:534369
76 GF Score
Price ₹248.85
GF Value ₹210.96
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Tribhovandas Bhimji Zaveri PB Ratio?

Tribhovandas Bhimji Zaveri BOM:534369 +0.42% 76 PB Ratio is 1.98 as of Aug. 21, 2026, which is 96% above its 10-year median of 1.01. GuruFocus rates BOM:534369 with a GF Score™ of 76/100 and a GF Value™ of ₹210.96 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,078 Retail - Cyclical companies, Tribhovandas Bhimji Zaveri ranks worse than 62.34% 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 (2026-08-21), Tribhovandas Bhimji Zaveri's share price is ₹248.85. Tribhovandas Bhimji Zaveri's Book Value per Share for the quarter that ended in Jun. 2026 was ₹125.60. Hence, Tribhovandas Bhimji Zaveri's PB Ratio of today is 1.98.

Warning Sign:

Tribhovandas Bhimji Zaveri Ltd stock PB Ratio (=1.98) is close to 1-year high of 1.98.

The historical rank and industry rank for Tribhovandas Bhimji Zaveri's PB Ratio or its related term are showing as below:

BOM:534369' s PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.01   Max: 3.21
Current: 1.98

During the past 13 years, Tribhovandas Bhimji Zaveri's highest PB Ratio was 3.21. The lowest was 0.28. And the median was 1.01.

BOM:534369's PB Ratio is ranked worse than
62.34% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 1.45 vs BOM:534369: 1.98

During the past 12 months, Tribhovandas Bhimji Zaveri's average Book Value Per Share Growth Rate was 27.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tribhovandas Bhimji Zaveri was 46.40% per year. The lowest was 0.60% per year. And the median was 3.10% per year.

Back to Basics: PB Ratio


Tribhovandas Bhimji Zaveri  (BOM:534369) 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.


Tribhovandas Bhimji Zaveri PB Ratio Related Terms


Tribhovandas Bhimji Zaveri PB Ratio Historical Data

* Premium members only.

The historical data trend for Tribhovandas Bhimji Zaveri'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.

Tribhovandas Bhimji Zaveri PB Ratio Chart

Tribhovandas Bhimji Zaveri 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 0.73 1.16 1.86 0.89

Tribhovandas Bhimji Zaveri 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 1.75 0.00 0.89 0.00

BOM:534369 vs TPR: PB Ratio Comparison

For the Luxury Goods subindustry, Tribhovandas Bhimji Zaveri'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.


Tribhovandas Bhimji Zaveri PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tribhovandas Bhimji Zaveri's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tribhovandas Bhimji Zaveri's PB Ratio falls into.


BOM:534369
76GF Score
Tribhovandas Bhimji Zaveri Ltd BOM:534369
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tribhovandas Bhimji Zaveri 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.

Tribhovandas Bhimji Zaveri's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=248.85/125.601
=1.98

* 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 1.98 mean?
Tribhovandas Bhimji Zaveri (BOM:534369) has a PB Ratio of 1.98 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 Tribhovandas Bhimji Zaveri and its competitors. This is 96% above median its historical median of 1.01. Over the past decade, Tribhovandas Bhimji Zaveri's PB Ratio has ranged from 0.28 to 3.21. According to the industry distribution chart, Tribhovandas Bhimji Zaveri ranks #672 out of 1078 companies in the Retail - Cyclical industry, placing it in the top 62.3%.
Is Tribhovandas Bhimji Zaveri's PB Ratio too high?
Tribhovandas Bhimji Zaveri's current PB Ratio of 1.98 is 96% above median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 3.21. The Retail - Cyclical industry median PB Ratio is 1.45. Tribhovandas Bhimji Zaveri's value of 1.98 is 36.6% above this industry median. Based on the distribution chart, Tribhovandas Bhimji Zaveri ranks #672 out of 1078 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Tribhovandas Bhimji Zaveri has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tribhovandas Bhimji Zaveri's PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Tribhovandas Bhimji Zaveri ranks #672 out of 1078 companies for PB Ratio. This places Tribhovandas Bhimji Zaveri in the lower half of its industry. The industry median PB Ratio is 1.45. Tribhovandas Bhimji Zaveri's value of 1.98 is 36.6% above this benchmark. Historically, Tribhovandas Bhimji Zaveri's own PB Ratio has ranged from 0.28 to 3.21 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.45, Tribhovandas Bhimji Zaveri 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.45, based on 1,078 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. Tribhovandas Bhimji Zaveri's current PB Ratio of 1.98 is 36.6% 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 Tribhovandas Bhimji Zaveri and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tribhovandas Bhimji Zaveri's current PB Ratio is 1.98, which is 96% above median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tribhovandas Bhimji Zaveri stock overvalued right now?
Based on GuruFocus' analysis, Tribhovandas Bhimji Zaveri (BOM:534369) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹210.96, compared to a current price of ₹248.85 — trading 18% above its estimated fair value. The current PB Ratio is 1.98, which is 96% above median its 10-year median of 1.01 and 36.6% above the Retail - Cyclical industry median of 1.45. Tribhovandas Bhimji Zaveri's overall GF Score™ is 76/100 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 Tribhovandas Bhimji Zaveri (BOM:534369), the current PB Ratio is 1.98 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 Tribhovandas Bhimji Zaveri (BOM:534369) Overvalued in 2026?

Based on GuruFocus' analysis, Tribhovandas Bhimji Zaveri stock appears to be overvalued. The current stock price of ₹248.85 is trading 18% above its estimated GF Value™ of ₹210.96. GuruFocus considers Tribhovandas Bhimji Zaveri to be Modestly Overvalued.

Key valuation signals for BOM:534369:

  • PB Ratio: 1.98 (96% above median its 10-year median of 1.01)
  • GF Value™: ₹210.96 vs. price of ₹248.85 (18% above fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 36.6% above the Retail - Cyclical median (#672 of 1078)

No single metric tells the full story. See the BOM:534369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tribhovandas Bhimji Zaveri Business Description

Other Exchanges TBZ:India
Address Free Press Journal Road, 1106 to 1121, 11th Floor, West Wing, Tulsiani Chambers, 212, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021
Tribhovandas Bhimji Zaveri Ltd is an Indian company engaged in manufacturing/trading, and selling jewellery. Its product category is Gold, Diamond, Jadau, and Platinum Jewellery. Its product portfolio comprises rings, earrings, necklaces, mangalsutra, pendants, bangles, bracelets, and coins, among others. The company provides jewellery for various occasions, including weddings, festivals, everyday wear, and contemporary and traditional wear. Its business activity falls within a single primary business segment of Jewellery and one reportable geographical segment, which is within India.
76GF Score

Get the complete analysis for BOM:534369

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

₹248.85
Price
₹210.96
GF Value