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Argon DenimsDHA:ARGONDENIM -1.95%84 PB Ratio is 1.03 as of Aug. 03, 2026, which is 36% above its 10-year median of 0.76. GuruFocus rates DHA:ARGONDENIM with a GF Score™ of 84/100 and a GF Value™ of BDT16.74 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,004 Manufacturing - Apparel & Accessories companies, Argon Denims ranks better than 51.99% 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 (2026-08-03), Argon Denims's share price is BDT25.10. Argon Denims's Book Value per Share for the quarter that ended in Mar. 2026 was BDT24.47. Hence, Argon Denims's PB Ratio of today is 1.03.
Warning Sign:
Argon Denims Ltd stock PB Ratio (=0.86) is close to 3-year high of 0.88.
The historical rank and industry rank for Argon Denims's PB Ratio or its related term are showing as below:
DHA:ARGONDENIM'
s PB Ratio Range Over the Past 10 Years
Min: 0.56 Med: 0.76 Max: 1.52
Current: 1.02
During the past 11 years, Argon Denims's highest PB Ratio was 1.52. The lowest was 0.56. And the median was 0.76.
DHA:ARGONDENIM's PB Ratio is ranked better than 51.99% of 1004
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08
vs DHA:ARGONDENIM: 1.02
During the past 12 months, Argon Denims's average Book Value Per Share Growth Rate was 0.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 0.20% 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 4.50% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Argon Denims was 16.80% per year. The lowest was -1.40% per year. And the median was 1.65% per year.
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.
Argon Denims PB Ratio Related Terms
Argon Denims PB Ratio Historical Data
* Premium members only.
The historical data trend for Argon Denims'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.
For the Textile Manufacturing subindustry, Argon Denims'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.
Argon Denims PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Argon Denims's PB Ratio distribution charts can be found below:
* The bar in red indicates where Argon Denims's PB Ratio falls into.
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.
Argon Denims's PB Ratio for today is calculated as follows:
* 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.
Argon Denims (DHA:ARGONDENIM) has a PB Ratio of 1.03 as of Aug. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Argon Denims and its competitors. This is 36% above median its historical median of 0.76. Over the past decade, Argon Denims' PB Ratio has ranged from 0.56 to 1.52. According to the industry distribution chart, Argon Denims ranks #482 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 48%.
Is Argon Denims' PB Ratio too high?
Argon Denims' current PB Ratio of 1.03 is 36% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.52. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.08. Argon Denims' value of 1.03 is 4.6% below this industry median. Based on the distribution chart, Argon Denims ranks #482 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Argon Denims has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argon Denims' PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Argon Denims ranks #482 out of 1004 companies for PB Ratio. This puts Argon Denims in the upper half of its industry. The industry median PB Ratio is 1.08. Argon Denims' value of 1.03 is 4.6% below this benchmark. Historically, Argon Denims' own PB Ratio has ranged from 0.56 to 1.52 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 1.08, Argon Denims 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.08, based on 1,004 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. Argon Denims's current PB Ratio of 1.03 is 4.6% 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 Argon Denims and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argon Denims's current PB Ratio is 1.03, which is 36% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argon Denims stock overvalued right now?
Based on GuruFocus' analysis, Argon Denims (DHA:ARGONDENIM) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT16.74, compared to a current price of BDT25.10 — trading 49.9% above its estimated fair value. The current PB Ratio is 1.03, which is 36% above median its 10-year median of 0.76 and 4.6% below the Manufacturing - Apparel & Accessories industry median of 1.08. Argon Denims' overall GF Score™ is 84/100 with 12 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 Argon Denims (DHA:ARGONDENIM), the current PB Ratio is 1.03 as of Aug. 03, 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 Argon Denims (DHA:ARGONDENIM) Overvalued in 2026?
Based on GuruFocus' analysis, Argon Denims stock appears to be overvalued.
The current stock price of BDT25.10 is trading 49.9% above its estimated GF Value™ of BDT16.74.
GuruFocus considers Argon Denims to be Significantly Overvalued.
Key valuation signals for DHA:ARGONDENIM:
PB Ratio: 1.03 (36% above median its 10-year median of 0.76)
GF Value™: BDT16.74 vs. price of BDT25.10 (49.9% above fair value)
Industry Position: 4.6% below the Manufacturing - Apparel & Accessories median (#482 of 1004)
No single metric tells the full story. See the DHA:ARGONDENIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argon Denims Ltd is engaged in manufacturing, dyeing, and finishing Denim Fabric based in Bangladesh and focuses on exports. The firm carries out the business of weaving, spinning, bleaching, dyeing, mercerizing, printing, finishing, and selling denim fabrics, yarn, cloth, linen, hosiery, and other goods and fabrics, whether textiles knitted or looped. It produces a medium and premium range of denim fabrics in various weights. The products include fabrics in 100% cotton, cotton stretch, cotton polyester, and cotton-polyester stretch. The dyeing line is equipped with light and dark indigo, Sulphur black, SBIT, IBST, with casts and colors.
84GF Score
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