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Associated Alcohols & Breweries Ltd stock PB Ratio (=2.2) is close to 3-year low of 2.09.
The historical rank and industry rank for Associated Alcohols & Breweries's PB Ratio or its related term are showing as below:
NSE:ASALCBR'
s PB Ratio Range Over the Past 10 Years
Min: 1.37 Med: 2.6 Max: 6.15
Current: 2.22
During the past 13 years, Associated Alcohols & Breweries's highest PB Ratio was 6.15. The lowest was 1.37. And the median was 2.60.
NSE:ASALCBR's PB Ratio is ranked worse than 61.95% of 205
companies
in the Beverages - Alcoholic industry
Industry Median: 1.7
vs NSE:ASALCBR: 2.22
During the past 12 months, Associated Alcohols & Breweries's average Book Value Per Share Growth Rate was 20.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 19.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 19.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 23.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Associated Alcohols & Breweries was 28.00% per year. The lowest was 6.50% per year. And the median was 19.35% per year.
Back to Basics: PB Ratio
Associated Alcohols & Breweries (NSE:ASALCBR) 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.
Associated Alcohols & Breweries PB Ratio Related Terms
Associated Alcohols & Breweries PB Ratio Historical Data
* 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 Beverages - Wineries & Distilleries subindustry, Associated Alcohols & Breweries'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.
Associated Alcohols & Breweries PB Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Associated Alcohols & Breweries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Associated Alcohols & Breweries's PB Ratio falls into.
Associated Alcohols & Breweries 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.
* 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.
Associated Alcohols & Breweries (NSE:ASALCBR) has a PB Ratio of 2.21 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Associated Alcohols & Breweries and its competitors. This is 15% below median its historical median of 2.60. Over the past decade, Associated Alcohols & Breweries' PB Ratio has ranged from 1.37 to 6.15. According to the industry distribution chart, Associated Alcohols & Breweries ranks #127 out of 205 companies in the Beverages - Alcoholic industry, placing it in the top 62%.
Is Associated Alcohols & Breweries' PB Ratio too high?
Associated Alcohols & Breweries' current PB Ratio of 2.21 is 15% below median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 6.15. The Beverages - Alcoholic industry median PB Ratio is 1.70. Associated Alcohols & Breweries' value of 2.21 is 30% above this industry median. Based on the distribution chart, Associated Alcohols & Breweries ranks #127 out of 205 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Associated Alcohols & Breweries has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Associated Alcohols & Breweries' PB Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Associated Alcohols & Breweries ranks #127 out of 205 companies for PB Ratio. This places Associated Alcohols & Breweries in the lower half of its industry. The industry median PB Ratio is 1.70. Associated Alcohols & Breweries' value of 2.21 is 30% above this benchmark. Historically, Associated Alcohols & Breweries' own PB Ratio has ranged from 1.37 to 6.15 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 1.70, Associated Alcohols & Breweries 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 Beverages - Alcoholic company?
The median PB Ratio among Beverages - Alcoholic companies is 1.70, based on 205 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. Associated Alcohols & Breweries's current PB Ratio of 2.21 is 30% 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 Associated Alcohols & Breweries and its competitors. For the Beverages - Alcoholic industry, the median PB Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Alcohols & Breweries's current PB Ratio is 2.21, which is 15% below median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Alcohols & Breweries stock overvalued right now?
Based on GuruFocus' analysis, Associated Alcohols & Breweries (NSE:ASALCBR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹883.32, compared to a current price of ₹765.10 — trading 13.4% below its estimated fair value. The current PB Ratio is 2.21, which is 15% below median its 10-year median of 2.60 and 30% above the Beverages - Alcoholic industry median of 1.70. Associated Alcohols & Breweries' overall GF Score™ is 94/100 with 5 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 Associated Alcohols & Breweries (NSE:ASALCBR), the current PB Ratio is 2.21 as of Jul. 29, 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 Associated Alcohols & Breweries (NSE:ASALCBR) Overvalued in 2026?
Based on GuruFocus' analysis, Associated Alcohols & Breweries stock appears to be undervalued.
The current stock price of ₹765.10 is trading 13.4% below its estimated GF Value™ of ₹883.32.
GuruFocus considers Associated Alcohols & Breweries to be Modestly Undervalued.
Key valuation signals for NSE:ASALCBR:
PB Ratio: 2.21 (15% below median its 10-year median of 2.60)
GF Value™: ₹883.32 vs. price of ₹765.10 (13.4% below fair value)
Industry Position: 30% above the Beverages - Alcoholic median (#127 of 205)
No single metric tells the full story. See the NSE:ASALCBR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Associated Alcohols & Breweries Business Description
Associated Alcohols & Breweries Ltd is engaged in the manufacturing of liquor. The company operates in two business segments, that is Potable Alcohol and Ethanol. Geographically, it derives a majority of revenue from India, also it derives the majority of the revenue from the Potable Alcohols segment. The company brands include Central Province Whisky, Titanium, Bombay Special Whisky, Desi Madira Masala, Superman Fine Whisky, James MC Gill Whisky, and Jamaican Magic Rum.
94GF Score
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