Indus Holding AG (CHIX:INHD) PB Ratio: 0.93 (As of Jul. 14, 2026) — 15% Below Median

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CHIX:INHD Indus Holding AG CHIX:INHD
70 GF Score
Price €26.13
GF Value €25.36
Valuation Fairly Valued
! 3 Warning Signs
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What is Indus Holding AG PB Ratio?

Indus Holding AG CHIX:INHD 70 PB Ratio is 0.93 as of Jul. 14, 2026, which is 15% below its 10-year median of 1.09. GuruFocus rates CHIX:INHD with a GF Score™ of 70/100 and a GF Value™ of €25.36 (Fairly Valued). The stock has 3 warning signs investors should review. Among 549 Conglomerates companies, Indus Holding AG ranks better than 56.1% 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 (2026-07-14), Indus Holding AG's share price is €26.125. Indus Holding AG's Book Value per Share for the quarter that ended in Mar. 2026 was €27.99. Hence, Indus Holding AG's PB Ratio of today is 0.93.

The historical rank and industry rank for Indus Holding AG's PB Ratio or its related term are showing as below:

CHIX:INHd' s PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.09   Max: 2.44
Current: 0.92

During the past 13 years, Indus Holding AG's highest PB Ratio was 2.44. The lowest was 0.60. And the median was 1.09.

CHIX:INHd's PB Ratio is ranked better than
56.1% of 549 companies
in the Conglomerates industry
Industry Median: 1.04 vs CHIX:INHd: 0.92

During the past 12 months, Indus Holding AG's average Book Value Per Share Growth Rate was -1.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Indus Holding AG was 12.40% per year. The lowest was -4.60% per year. And the median was 6.10% per year.

Back to Basics: PB Ratio


Indus Holding AG  (CHIX:INHd) 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.


Indus Holding AG PB Ratio Related Terms


Indus Holding AG PB Ratio Historical Data

* Premium members only.

The historical data trend for Indus Holding AG'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.

Indus Holding AG PB Ratio Chart

Indus Holding AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 0.87 0.87 0.74 0.92

Indus Holding AG 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 0.95 0.98 0.94 0.92 0.99

CHIX:INHD vs HON, MMM: PB Ratio Comparison

For the Conglomerates subindustry, Indus Holding AG'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.


Indus Holding AG PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Indus Holding AG's PB Ratio distribution charts can be found below:

* The bar in red indicates where Indus Holding AG's PB Ratio falls into.


CHIX:INHD
70GF Score
Indus Holding AG CHIX:INHD
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indus Holding AG 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.

Indus Holding AG's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=26.125/27.993
=0.93

* 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 0.93 mean?
Indus Holding AG (CHIX:INHD) has a PB Ratio of 0.93 as of Jul. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Indus Holding AG and its competitors. This is 15% below median its historical median of 1.09. Over the past decade, Indus Holding AG's PB Ratio has ranged from 0.60 to 2.44. According to the industry distribution chart, Indus Holding AG ranks #241 out of 549 companies in the Conglomerates industry, placing it in the top 43.9%.
Is Indus Holding AG's PB Ratio too high?
Indus Holding AG's current PB Ratio of 0.93 is 15% below median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 2.44. The Conglomerates industry median PB Ratio is 1.04. Indus Holding AG's value of 0.93 is 10.6% below this industry median. Based on the distribution chart, Indus Holding AG ranks #241 out of 549 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Indus Holding AG has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indus Holding AG's PB Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Indus Holding AG ranks #241 out of 549 companies for PB Ratio. This puts Indus Holding AG in the upper half of its industry. The industry median PB Ratio is 1.04. Indus Holding AG's value of 0.93 is 10.6% below this benchmark. Historically, Indus Holding AG's own PB Ratio has ranged from 0.60 to 2.44 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 1.04, Indus Holding AG has consistently been below 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.04, based on 549 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. Indus Holding AG's current PB Ratio of 0.93 is 10.6% below 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 Indus Holding AG and its competitors. For the Conglomerates industry, the median PB Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Holding AG's current PB Ratio is 0.93, which is 15% below median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Indus Holding AG (CHIX:INHD) is currently considered Fairly Valued. The stock's GF Value™ is €25.36, compared to a current price of €26.13 — trading 3% above its estimated fair value. The current PB Ratio is 0.93, which is 15% below median its 10-year median of 1.09 and 10.6% below the Conglomerates industry median of 1.04. Indus Holding AG's overall GF Score™ is 70/100 with 3 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 Indus Holding AG (CHIX:INHD), the current PB Ratio is 0.93 as of Jul. 14, 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 Indus Holding AG (CHIX:INHD) Overvalued in 2026?

Based on GuruFocus' analysis, Indus Holding AG stock appears to be overvalued. The current stock price of €26.13 is trading 3% above its estimated GF Value™ of €25.36. GuruFocus considers Indus Holding AG to be Fairly Valued.

Key valuation signals for CHIX:INHD:

  • PB Ratio: 0.93 (15% below median its 10-year median of 1.09)
  • GF Value™: €25.36 vs. price of €26.13 (3% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 10.6% below the Conglomerates median (#241 of 549)

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


Indus Holding AG Business Description

Address Kolner Strasse 32, Bergisch Gladbach, NW, DEU, 51429
Indus Holding AG is a holding company investing in small and midsize enterprises in German-speaking regions. The company has three segments namely: Engineering, Infrastructure and Materials Solutions. It derives maximum revenue from Materials Solutions Segment.
70GF Score

Get the complete analysis for CHIX:INHD

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

€26.13
Price
€25.36
GF Value