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Aeron CompositeNSE:AERON 40 PB Ratio is 1.16 as of Aug. 19, 2026, which is 39% below its 10-year median of 1.91. GuruFocus rates NSE:AERON with a GF Score™ of 40/100. The stock has 8 warning signs investors should review. Among 537 Conglomerates companies, Aeron Composite ranks worse than 55.31% 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 (2026-08-19), Aeron Composite's share price is ₹75.00. Aeron Composite's Book Value per Share for the quarter that ended in Mar. 2026 was ₹64.44. Hence, Aeron Composite's PB Ratio of today is 1.16.
Good Sign:
Aeron Composite Ltd stock PB Ratio (=1.18) is close to 2-year low of 1.18.
The historical rank and industry rank for Aeron Composite's PB Ratio or its related term are showing as below:
NSE:AERON'
s PB Ratio Range Over the Past 10 Years
Min: 1.16 Med: 1.91 Max: 9.32
Current: 1.16
During the past 6 years, Aeron Composite's highest PB Ratio was 9.32. The lowest was 1.16. And the median was 1.91.
NSE:AERON's PB Ratio is ranked worse than 55.31% of 537
companies
in the Conglomerates industry
Industry Median: 1.07
vs NSE:AERON: 1.16
During the past 12 months, Aeron Composite's average Book Value Per Share Growth Rate was 8.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 62.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 62.40% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Aeron Composite was 86.50% per year. The lowest was 43.20% per year. And the median was 62.90% 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.
Aeron Composite PB Ratio Related Terms
Aeron Composite PB Ratio Historical Data
* Premium members only.
The historical data trend for Aeron Composite'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 Conglomerates subindustry, Aeron Composite'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.
Aeron Composite PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Aeron Composite's PB Ratio distribution charts can be found below:
* The bar in red indicates where Aeron Composite'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.
Aeron Composite'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.
Aeron Composite (NSE:AERON) has a PB Ratio of 1.16 as of Aug. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Aeron Composite and its competitors. This is 39% below median its historical median of 1.91. Over the past decade, Aeron Composite's PB Ratio has ranged from 1.16 to 9.32. According to the industry distribution chart, Aeron Composite ranks #297 out of 537 companies in the Conglomerates industry, placing it in the top 55.3%.
Is Aeron Composite's PB Ratio too high?
Aeron Composite's current PB Ratio of 1.16 is 39% below median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 9.32. The Conglomerates industry median PB Ratio is 1.07. Aeron Composite's value of 1.16 is 8.4% above this industry median. Based on the distribution chart, Aeron Composite ranks #297 out of 537 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Aeron Composite has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Aeron Composite's PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Aeron Composite ranks #297 out of 537 companies for PB Ratio. This places Aeron Composite in the lower half of its industry. The industry median PB Ratio is 1.07. Aeron Composite's value of 1.16 is 8.4% above this benchmark. Historically, Aeron Composite's own PB Ratio has ranged from 1.16 to 9.32 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 1.07, Aeron Composite 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.07, based on 537 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. Aeron Composite's current PB Ratio of 1.16 is 8.4% 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 Aeron Composite and its competitors. For the Conglomerates industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aeron Composite's current PB Ratio is 1.16, which is 39% below median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aeron Composite stock overvalued right now?
Aeron Composite (NSE:AERON) has a current PB Ratio of 1.16. The current PB Ratio is 1.16, which is 39% below median its 10-year median of 1.91 and 8.4% above the Conglomerates industry median of 1.07. Aeron Composite's overall GF Score™ is 40/100 with 8 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 Aeron Composite (NSE:AERON), the current PB Ratio is 1.16 as of Aug. 19, 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.
Aeron Composite Ltd is engaged in the manufacturing and supply of ceramic refractories, FRP/GRP composites, ceramic tiles, waterjet and laser cutting machines, paints, and lime. It offers complete solutions, including conceptual design, prototype development, testing, manufacturing, logistic support, installation, and comprehensive after-sales service. The company's products are used in various markets and applications such as water and wastewater, metals and mining, oil and gas, pulp and paper, transportation, telecommunications, pharmaceuticals, and chemicals. Geographically, it serves both domestic and international markets, with the majority of its revenue derived from customers located outside India.
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