Angel One (BOM:543235) PB Ratio: 4.47 (As of Aug. 26, 2026) — 22% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:543235 Angel One Ltd BOM:543235
94 GF Score
Price ₹300.30
GF Value ₹320.51
Valuation Fairly Valued
! 5 Warning Signs
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What is Angel One PB Ratio?

Angel One BOM:543235 +4.98% 94 PB Ratio is 4.47 as of Aug. 26, 2026, which is 22% below its 10-year median of 5.76. GuruFocus rates BOM:543235 with a GF Score™ of 94/100 and a GF Value™ of ₹320.51 (Fairly Valued). The stock has 5 warning signs investors should review. Among 772 Capital Markets companies, Angel One ranks worse than 85.49% 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 (2026-08-26), Angel One's share price is ₹300.30. Angel One's Book Value per Share for the quarter that ended in Jun. 2026 was ₹67.17. Hence, Angel One's PB Ratio of today is 4.47.

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

BOM:543235' s PB Ratio Range Over the Past 10 Years
Min: 2.13   Med: 5.76   Max: 11.2
Current: 4.47

During the past 11 years, Angel One's highest PB Ratio was 11.20. The lowest was 2.13. And the median was 5.76.

BOM:543235's PB Ratio is ranked worse than
85.49% of 772 companies
in the Capital Markets industry
Industry Median: 1.31 vs BOM:543235: 4.47

During the past 12 months, Angel One's average Book Value Per Share Growth Rate was 7.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 37.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 40.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 35.00% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Angel One was 53.00% per year. The lowest was 12.90% per year. And the median was 37.60% per year.

Back to Basics: PB Ratio


Angel One  (BOM:543235) 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.


Angel One PB Ratio Related Terms


Angel One PB Ratio Historical Data

* Premium members only.

The historical data trend for Angel One'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.

Angel One PB Ratio Chart

Angel One 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 8.04 4.49 8.42 3.71 3.39

Angel One 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 3.33 0.00 3.39 0.00

BOM:543235 vs MS, GS, SCHW: PB Ratio Comparison

For the Capital Markets subindustry, Angel One'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.


Angel One PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Angel One's PB Ratio distribution charts can be found below:

* The bar in red indicates where Angel One's PB Ratio falls into.


BOM:543235
94GF Score
Angel One Ltd BOM:543235
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Angel One 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.

Angel One's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=300.30/67.165
=4.47

* 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 4.47 mean?
Angel One (BOM:543235) has a PB Ratio of 4.47 as of Aug. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Angel One and its competitors. This is 22% below median its historical median of 5.76. Over the past decade, Angel One's PB Ratio has ranged from 2.13 to 11.20. According to the industry distribution chart, Angel One ranks #660 out of 772 companies in the Capital Markets industry, placing it in the top 85.5%.
Is Angel One's PB Ratio too high?
Angel One's current PB Ratio of 4.47 is 22% below median its 10-year median of 5.76. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 11.20. The Capital Markets industry median PB Ratio is 1.31. Angel One's value of 4.47 is 241.2% above this industry median. Based on the distribution chart, Angel One ranks #660 out of 772 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Angel One has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Angel One's PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Angel One ranks #660 out of 772 companies for PB Ratio. This places Angel One in the lower half of its industry. The industry median PB Ratio is 1.31. Angel One's value of 4.47 is 241.2% above this benchmark. Historically, Angel One's own PB Ratio has ranged from 2.13 to 11.20 over the past decade. While the company's 10-year median is 5.76 vs. the industry median of 1.31, Angel One 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 1.31, based on 772 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. Angel One's current PB Ratio of 4.47 is 241.2% 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 Angel One and its competitors. For the Capital Markets industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Angel One's current PB Ratio is 4.47, which is 22% below median its own 10-year median of 5.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angel One stock overvalued right now?
Based on GuruFocus' analysis, Angel One (BOM:543235) is currently considered Fairly Valued. The stock's GF Value™ is ₹320.51, compared to a current price of ₹300.30 — trading 6.3% below its estimated fair value. The current PB Ratio is 4.47, which is 22% below median its 10-year median of 5.76 and 241.2% above the Capital Markets industry median of 1.31. Angel One's overall GF Score™ is 94/100 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 Angel One (BOM:543235), the current PB Ratio is 4.47 as of Aug. 26, 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 Angel One (BOM:543235) Overvalued in 2026?

Based on GuruFocus' analysis, Angel One stock appears to be undervalued. The current stock price of ₹300.30 is trading 6.3% below its estimated GF Value™ of ₹320.51. GuruFocus considers Angel One to be Fairly Valued.

Key valuation signals for BOM:543235:

  • PB Ratio: 4.47 (22% below median its 10-year median of 5.76)
  • GF Value™: ₹320.51 vs. price of ₹300.30 (6.3% below fair value)
  • GF Score™: 94/100 with 5 warning signs
  • Industry Position: 241.2% above the Capital Markets median (#660 of 772)

No single metric tells the full story. See the BOM:543235 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Angel One Business Description

Other Exchanges ANGELONE:India
Address 601, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri (E, Mumbai, MH, IND, 400 093
Angel One Ltd is a technology enabled financial services platform offering a range of investment and financial solutions across capital markets. Through its flagship Angel One platform, accessible across mobile, web and tablet interfaces, the company provides customers with access to capital markets, investment products and wealth creation tools through a single digital interface. The platform leverages technology driven processes, including data analytics and automation, to support scalable service delivery and customer engagement. Its products and services include Trading & Broking, Depository Operations, Research & Advisory, Margin Trading Funding, Third-Party Financial Product Distribution, IPO & Primary Market Access, and Investor Education & Knowledge Platforms.
94GF Score

Get the complete analysis for BOM:543235

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

₹300.30
Price
₹320.51
GF Value