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Asahi India GlassNSE:ASAHIINDIA +1.07%78 PB Ratio is 5.84 as of Aug. 14, 2026, which is 6% below its 10-year median of 6.22. GuruFocus rates NSE:ASAHIINDIA with a GF Score™ of 78/100 and a GF Value™ of ₹782.28 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,295 Vehicles & Parts companies, Asahi India Glass ranks worse than 90.81% on this metric.
Asahi India Glass Ltd stock PB Ratio (=5.84) is close to 5-year low of 5.3.
The historical rank and industry rank for Asahi India Glass's PB Ratio or its related term are showing as below:
NSE:ASAHIINDIA'
s PB Ratio Range Over the Past 10 Years
Min: 2.62 Med: 6.22 Max: 11.71
Current: 5.83
During the past 13 years, Asahi India Glass's highest PB Ratio was 11.71. The lowest was 2.62. And the median was 6.22.
NSE:ASAHIINDIA's PB Ratio is ranked worse than 90.81% of 1295
companies
in the Vehicles & Parts industry
Industry Median: 1.42
vs NSE:ASAHIINDIA: 5.83
During the past 12 months, Asahi India Glass's average Book Value Per Share Growth Rate was 40.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 21.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 19.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Asahi India Glass was 84.40% per year. The lowest was -23.20% per year. And the median was 13.20% 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.
Asahi India Glass PB Ratio Related Terms
Asahi India Glass PB Ratio Historical Data
* Premium members only.
The historical data trend for Asahi India Glass'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 Auto Parts subindustry, Asahi India Glass'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.
Asahi India Glass PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Asahi India Glass's PB Ratio distribution charts can be found below:
* The bar in red indicates where Asahi India Glass'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.
Asahi India Glass (NSE:ASAHIINDIA) has a PB Ratio of 5.84 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Asahi India Glass and its competitors. This is near median its historical median of 6.22. Over the past decade, Asahi India Glass' PB Ratio has ranged from 2.62 to 11.71. According to the industry distribution chart, Asahi India Glass ranks #1176 out of 1295 companies in the Vehicles & Parts industry, placing it in the top 90.8%.
Is Asahi India Glass' PB Ratio too high?
Asahi India Glass' current PB Ratio of 5.84 is near median its 10-year median of 6.22. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 11.71. The Vehicles & Parts industry median PB Ratio is 1.42. Asahi India Glass' value of 5.84 is 311.3% above this industry median. Based on the distribution chart, Asahi India Glass ranks #1176 out of 1295 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Asahi India Glass has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi India Glass' PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Asahi India Glass ranks #1176 out of 1295 companies for PB Ratio. This places Asahi India Glass in the lower half of its industry. The industry median PB Ratio is 1.42. Asahi India Glass' value of 5.84 is 311.3% above this benchmark. Historically, Asahi India Glass' own PB Ratio has ranged from 2.62 to 11.71 over the past decade. While the company's 10-year median is 6.22 vs. the industry median of 1.42, Asahi India Glass 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.42, based on 1,295 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. Asahi India Glass's current PB Ratio of 5.84 is 311.3% 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 Asahi India Glass and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi India Glass's current PB Ratio is 5.84, which is near median its own 10-year median of 6.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi India Glass stock overvalued right now?
Based on GuruFocus' analysis, Asahi India Glass (NSE:ASAHIINDIA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹782.28, compared to a current price of ₹901.00 — trading 15.2% above its estimated fair value. The current PB Ratio is 5.84, which is near median its 10-year median of 6.22 and 311.3% above the Vehicles & Parts industry median of 1.42. Asahi India Glass' overall GF Score™ is 78/100 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 Asahi India Glass (NSE:ASAHIINDIA), the current PB Ratio is 5.84 as of Aug. 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 Asahi India Glass (NSE:ASAHIINDIA) Overvalued in 2026?
Based on GuruFocus' analysis, Asahi India Glass stock appears to be overvalued.
The current stock price of ₹901.00 is trading 15.2% above its estimated GF Value™ of ₹782.28.
GuruFocus considers Asahi India Glass to be Modestly Overvalued.
Key valuation signals for NSE:ASAHIINDIA:
PB Ratio: 5.84 (near median its 10-year median of 6.22)
GF Value™: ₹782.28 vs. price of ₹901.00 (15.2% above fair value)
Industry Position: 311.3% above the Vehicles & Parts median (#1176 of 1295)
No single metric tells the full story. See the NSE:ASAHIINDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asahi India Glass Ltd is a manufacturer of glass products and solutions. The company offers automotive glass products, architectural glass products, windshield repair and replacement services in India, commercial and private-living glass solutions, glass integration and installation services, and special-purpose glass solutions such as noise-canceling windows, energy-saving windows, and safety glasses. The Group has three segments namely a) Automotive, b) Building and Construction (Architectural), and c) Consumer Glass. Asahi India Glass business segment by revenue, automotive glass products, produces various glass windshields and integrated products and solutions, such as rain-sensor windshields, heated windshields, and other related products.
78GF Score
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PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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