Airo Lam (NSE:AIROLAM) PB Ratio: 2.06 (As of Sep. 02, 2026) — Near Median

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NSE:AIROLAM Airo Lam Ltd NSE:AIROLAM
75 GF Score
Price ₹86.68
GF Value ₹134.57
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Airo Lam PB Ratio?

Airo Lam NSE:AIROLAM -1.60% 75 PB Ratio is 2.06 as of Sep. 02, 2026, which is 3% below its 10-year median of 2.13. GuruFocus rates NSE:AIROLAM with a GF Score™ of 75/100 and a GF Value™ of ₹134.57 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 424 Furnishings, Fixtures & Appliances companies, Airo Lam ranks worse than 66.51% 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 (2026-09-02), Airo Lam's share price is ₹86.68. Airo Lam's Book Value per Share for the quarter that ended in Mar. 2026 was ₹42.06. Hence, Airo Lam's PB Ratio of today is 2.06.

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

NSE:AIROLAM' s PB Ratio Range Over the Past 10 Years
Min: 1.53   Med: 2.13   Max: 3.68
Current: 2.08

During the past 13 years, Airo Lam's highest PB Ratio was 3.68. The lowest was 1.53. And the median was 2.13.

NSE:AIROLAM's PB Ratio is ranked worse than
66.51% of 424 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.375 vs NSE:AIROLAM: 2.08

During the past 12 months, Airo Lam's average Book Value Per Share Growth Rate was 2.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 16.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Airo Lam was 37.30% per year. The lowest was 5.40% per year. And the median was 13.00% per year.

Back to Basics: PB Ratio


Airo Lam  (NSE:AIROLAM) 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.


Airo Lam PB Ratio Related Terms


Airo Lam PB Ratio Historical Data

* Premium members only.

The historical data trend for Airo Lam'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.

Airo Lam PB Ratio Chart

Airo Lam 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 1.83 1.53 3.27 1.83 1.66

Airo Lam Quarterly Data
Sep20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 0.00 1.83 2.27 0.00 1.97

NSE:AIROLAM vs SN, SGI, MHK: PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Airo Lam'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.


Airo Lam PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Airo Lam's PB Ratio distribution charts can be found below:

* The bar in red indicates where Airo Lam's PB Ratio falls into.


NSE:AIROLAM
75GF Score
Airo Lam Ltd NSE:AIROLAM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Airo Lam 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.

Airo Lam's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=86.68/42.06
=2.06

* 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 2.06 mean?
Airo Lam (NSE:AIROLAM) has a PB Ratio of 2.06 as of Sep. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Airo Lam and its competitors. This is near median its historical median of 2.13. Over the past decade, Airo Lam's PB Ratio has ranged from 1.53 to 3.68. According to the industry distribution chart, Airo Lam ranks #282 out of 424 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 66.5%.
Is Airo Lam's PB Ratio too high?
Airo Lam's current PB Ratio of 2.06 is near median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 3.68. The Furnishings, Fixtures & Appliances industry median PB Ratio is 1.38. Airo Lam's value of 2.06 is 49.8% above this industry median. Based on the distribution chart, Airo Lam ranks #282 out of 424 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Airo Lam has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Airo Lam's PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Airo Lam ranks #282 out of 424 companies for PB Ratio. This places Airo Lam in the lower half of its industry. The industry median PB Ratio is 1.38. Airo Lam's value of 2.06 is 49.8% above this benchmark. Historically, Airo Lam's own PB Ratio has ranged from 1.53 to 3.68 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 1.38, Airo Lam 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 Furnishings, Fixtures & Appliances company?
The median PB Ratio among Furnishings, Fixtures & Appliances companies is 1.38, based on 424 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. Airo Lam's current PB Ratio of 2.06 is 49.8% 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 Airo Lam and its competitors. For the Furnishings, Fixtures & Appliances industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airo Lam's current PB Ratio is 2.06, which is near median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airo Lam stock overvalued right now?
Based on GuruFocus' analysis, Airo Lam (NSE:AIROLAM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹134.57, compared to a current price of ₹86.68 — trading 35.6% below its estimated fair value. The current PB Ratio is 2.06, which is near median its 10-year median of 2.13 and 49.8% above the Furnishings, Fixtures & Appliances industry median of 1.38. Airo Lam's overall GF Score™ is 75/100 with 4 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 Airo Lam (NSE:AIROLAM), the current PB Ratio is 2.06 as of Sep. 02, 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 Airo Lam (NSE:AIROLAM) Overvalued in 2026?

Based on GuruFocus' analysis, Airo Lam stock appears to be undervalued. The current stock price of ₹86.68 is trading 35.6% below its estimated GF Value™ of ₹134.57. GuruFocus considers Airo Lam to be Significantly Undervalued.

Key valuation signals for NSE:AIROLAM:

  • PB Ratio: 2.06 (near median its 10-year median of 2.13)
  • GF Value™: ₹134.57 vs. price of ₹86.68 (35.6% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 49.8% above the Furnishings, Fixtures & Appliances median (#282 of 424)

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


Airo Lam Business Description

Address Survey No. 355, Nananpur Approach Road, N.H. No.8, Tahsil-Prantij, Himmatnagar, Dalpur, Sabarkantha, GJ, IND, 383120
Airo Lam Ltd is engaged in the manufacturing of High-Pressure decorative laminates. Its products are used in kitchen furniture, workshops, bathroom furniture, interior doors, and interior wall linings. The segments are Manufacturing and Sale of (a) Laminate and Allied products; and (b) Plywood and Allied products.
75GF Score

Get the complete analysis for NSE:AIROLAM

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

₹86.68
Price
₹134.57
GF Value