AMIC Forging (BOM:544037) PB Ratio: 10.38 (As of Aug. 22, 2026) — 21% Below Median

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BOM:544037 AMIC Forging Ltd BOM:544037
47 GF Score
Price ₹1,908.70
! 10 Warning Signs
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What is AMIC Forging PB Ratio?

AMIC Forging BOM:544037 -0.65% 47 PB Ratio is 10.38 as of Aug. 22, 2026, which is 21% below its 10-year median of 13.11. GuruFocus rates BOM:544037 with a GF Score™ of 47/100. The stock has 10 warning signs investors should review. Among 2,986 Industrial Products companies, AMIC Forging ranks worse than 92.97% 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 (2026-08-22), AMIC Forging's share price is ₹1908.70. AMIC Forging's Book Value per Share for the quarter that ended in Mar. 2026 was ₹183.90. Hence, AMIC Forging's PB Ratio of today is 10.38.

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

BOM:544037' s PB Ratio Range Over the Past 10 Years
Min: 7.31   Med: 13.11   Max: 45.5
Current: 10.45

During the past 6 years, AMIC Forging's highest PB Ratio was 45.50. The lowest was 7.31. And the median was 13.11.

BOM:544037's PB Ratio is ranked worse than
92.97% of 2986 companies
in the Industrial Products industry
Industry Median: 2.185 vs BOM:544037: 10.45

During the past 12 months, AMIC Forging's average Book Value Per Share Growth Rate was 55.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 113.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 111.70% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of AMIC Forging was 153.10% per year. The lowest was 111.70% per year. And the median was 113.20% per year.

Back to Basics: PB Ratio


AMIC Forging  (BOM:544037) 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.


AMIC Forging PB Ratio Related Terms


AMIC Forging PB Ratio Historical Data

* Premium members only.

The historical data trend for AMIC Forging'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.

AMIC Forging PB Ratio Chart

AMIC Forging Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 10.74 9.11 6.99

AMIC Forging Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only 10.74 17.89 9.11 10.54 6.99

BOM:544037 vs CRS, ATI, MLI: PB Ratio Comparison

For the Metal Fabrication subindustry, AMIC Forging'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.


AMIC Forging PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, AMIC Forging's PB Ratio distribution charts can be found below:

* The bar in red indicates where AMIC Forging's PB Ratio falls into.


BOM:544037
47GF Score
AMIC Forging Ltd BOM:544037
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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AMIC Forging 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.

AMIC Forging's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1908.70/183.904
=10.38

* 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 10.38 mean?
AMIC Forging (BOM:544037) has a PB Ratio of 10.38 as of Aug. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on AMIC Forging and its competitors. This is 21% below median its historical median of 13.11. Over the past decade, AMIC Forging's PB Ratio has ranged from 7.31 to 45.50. According to the industry distribution chart, AMIC Forging ranks #2776 out of 2986 companies in the Industrial Products industry, placing it in the top 93%.
Is AMIC Forging's PB Ratio too high?
AMIC Forging's current PB Ratio of 10.38 is 21% below median its 10-year median of 13.11. Over the past 10 years, this metric has ranged from a low of 7.31 to a high of 45.50. The Industrial Products industry median PB Ratio is 2.19. AMIC Forging's value of 10.38 is 375.1% above this industry median. Based on the distribution chart, AMIC Forging ranks #2776 out of 2986 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, AMIC Forging has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does AMIC Forging's PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, AMIC Forging ranks #2776 out of 2986 companies for PB Ratio. This places AMIC Forging in the lower half of its industry. The industry median PB Ratio is 2.19. AMIC Forging's value of 10.38 is 375.1% above this benchmark. Historically, AMIC Forging's own PB Ratio has ranged from 7.31 to 45.50 over the past decade. While the company's 10-year median is 13.11 vs. the industry median of 2.19, AMIC Forging 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.19, based on 2,986 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. AMIC Forging's current PB Ratio of 10.38 is 375.1% 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 AMIC Forging and its competitors. For the Industrial Products industry, the median PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMIC Forging's current PB Ratio is 10.38, which is 21% below median its own 10-year median of 13.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMIC Forging stock overvalued right now?
AMIC Forging (BOM:544037) has a current PB Ratio of 10.38. The current PB Ratio is 10.38, which is 21% below median its 10-year median of 13.11 and 375.1% above the Industrial Products industry median of 2.19. AMIC Forging's overall GF Score™ is 47/100 with 10 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 AMIC Forging (BOM:544037), the current PB Ratio is 10.38 as of Aug. 22, 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.

AMIC Forging Business Description

Address 3A, Garstin Place, 2nd Floor, Kolkata, WB, IND, 700001
AMIC Forging Ltd is engaged in manufacturing forged components catering to various industries with its manufacturing facility at Baidyabati, Hooghly. It manufactures precision-machined components catering to various industries such as heavy Engineering, Steel Industry, Oil and gas, Petrochemicals, Chemicals, Refineries, Thermal Power, Nuclear Power, Hydro Power, Cement Industry, Sugar, and other related industries. It manufactures different forging components such as Gear Couplings, Roller Shaft, Brake Drum, Hook, and other products.
47GF Score

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₹1,908.70
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