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Apcotex Industries Ltd stock PB Ratio (=4.23) is close to 2-year high of 4.55.
The historical rank and industry rank for Apcotex Industries's PB Ratio or its related term are showing as below:
NSE:APCOTEXIND'
s PB Ratio Range Over the Past 10 Years
Min: 1.74 Med: 4.12 Max: 8.25
Current: 4.52
During the past 13 years, Apcotex Industries's highest PB Ratio was 8.25. The lowest was 1.74. And the median was 4.12.
NSE:APCOTEXIND's PB Ratio is ranked worse than 85.98% of 1576
companies
in the Chemicals industry
Industry Median: 1.67
vs NSE:APCOTEXIND: 4.52
During the past 12 months, Apcotex Industries's average Book Value Per Share Growth Rate was 12.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Apcotex Industries was 51.50% per year. The lowest was 0.70% per year. And the median was 10.70% per year.
Back to Basics: PB Ratio
Apcotex Industries (NSE:APCOTEXIND) PB Ratio Explanation
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.
Apcotex Industries PB Ratio Related Terms
Apcotex Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Apcotex Industries'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.
NSE:APCOTEXIND vs LIN, SHW, ECL: PB Ratio Comparison
For the Specialty Chemicals subindustry, Apcotex Industries'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.
Apcotex Industries PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Apcotex Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Apcotex Industries'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.
* 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.
Apcotex Industries (NSE:APCOTEXIND) has a PB Ratio of 4.52 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Apcotex Industries and its competitors. This is 10% above median its historical median of 4.12. Over the past decade, Apcotex Industries' PB Ratio has ranged from 1.74 to 8.25. According to the industry distribution chart, Apcotex Industries ranks #1355 out of 1576 companies in the Chemicals industry, placing it in the top 86%.
Is Apcotex Industries' PB Ratio too high?
Apcotex Industries' current PB Ratio of 4.52 is 10% above median its 10-year median of 4.12. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 8.25. The Chemicals industry median PB Ratio is 1.67. Apcotex Industries' value of 4.52 is 170.7% above this industry median. Based on the distribution chart, Apcotex Industries ranks #1355 out of 1576 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Apcotex Industries has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Apcotex Industries' PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Apcotex Industries ranks #1355 out of 1576 companies for PB Ratio. This places Apcotex Industries in the lower half of its industry. The industry median PB Ratio is 1.67. Apcotex Industries' value of 4.52 is 170.7% above this benchmark. Historically, Apcotex Industries' own PB Ratio has ranged from 1.74 to 8.25 over the past decade. While the company's 10-year median is 4.12 vs. the industry median of 1.67, Apcotex Industries 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.67, based on 1,576 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. Apcotex Industries's current PB Ratio of 4.52 is 170.7% 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 Apcotex Industries and its competitors. For the Chemicals industry, the median PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apcotex Industries's current PB Ratio is 4.52, which is 10% above median its own 10-year median of 4.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apcotex Industries stock overvalued right now?
Based on GuruFocus' analysis, Apcotex Industries (NSE:APCOTEXIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹528.39, compared to a current price of ₹541.70 — trading 2.5% above its estimated fair value. The current PB Ratio is 4.52, which is 10% above median its 10-year median of 4.12 and 170.7% above the Chemicals industry median of 1.67. Apcotex Industries' overall GF Score™ is 83/100 with 6 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 Apcotex Industries (NSE:APCOTEXIND), the current PB Ratio is 4.52 as of Jul. 17, 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 Apcotex Industries (NSE:APCOTEXIND) Overvalued in 2026?
Based on GuruFocus' analysis, Apcotex Industries stock appears to be overvalued.
The current stock price of ₹541.70 is trading 2.5% above its estimated GF Value™ of ₹528.39.
GuruFocus considers Apcotex Industries to be Fairly Valued.
Key valuation signals for NSE:APCOTEXIND:
PB Ratio: 4.52 (10% above median its 10-year median of 4.12)
GF Value™: ₹528.39 vs. price of ₹541.70 (2.5% above fair value)
Industry Position: 170.7% above the Chemicals median (#1355 of 1576)
No single metric tells the full story. See the NSE:APCOTEXIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apcotex Industries Ltd is an India-based company engaged in producing emulsion polymers. It operates in a single primary business segment, i.e. Synthetic Lattices & Rubber. The various grades of Synthetic Rubber find application in products such as Automotive Components, Hoses, Gaskets, Rice De-husking Rollers, Printing and Industrial Rollers, Friction Materials, Belting, and Footwear. Latexes are used for Paper/Paper Board Coating, Carpet Backing, Tyre Cord Dipping, Construction, and others. Its market coverage includes sales in India and Overseas Countries. The company derives the majority of its revenue from Indian markets.
83GF Score
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