Asian Granito India (NSE:ASIANTILES) PB Ratio: 1.01 (As of Jul. 24, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ASIANTILES Asian Granito India Ltd NSE:ASIANTILES
50 GF Score
Price ₹51.88
GF Value ₹31.63
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Asian Granito India PB Ratio?

Asian Granito India NSE:ASIANTILES +19.48% 50 PB Ratio is 1.01 as of Jul. 24, 2026, which is 1% above its 10-year median of 1.00. GuruFocus rates NSE:ASIANTILES with a GF Score™ of 50/100 and a GF Value™ of ₹31.63 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,722 Construction companies, Asian Granito India ranks better than 60.57% 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 (2026-07-24), Asian Granito India's share price is ₹51.88. Asian Granito India's Book Value per Share for the quarter that ended in Mar. 2026 was ₹51.36. Hence, Asian Granito India's PB Ratio of today is 1.01.

Good Sign:

Asian Granito India Ltd stock PB Ratio (=0.9) is close to 1-year low of 0.9.

The historical rank and industry rank for Asian Granito India's PB Ratio or its related term are showing as below:

NSE:ASIANTILES' s PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 1   Max: 4.06
Current: 1

During the past 13 years, Asian Granito India's highest PB Ratio was 4.06. The lowest was 0.34. And the median was 1.00.

NSE:ASIANTILES's PB Ratio is ranked better than
60.57% of 1722 companies
in the Construction industry
Industry Median: 1.32 vs NSE:ASIANTILES: 1.00

During the past 12 months, Asian Granito India's average Book Value Per Share Growth Rate was -44.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -19.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -13.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Asian Granito India was 24.20% per year. The lowest was -19.70% per year. And the median was 4.10% per year.

Back to Basics: PB Ratio


Asian Granito India  (NSE:ASIANTILES) 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.


Asian Granito India PB Ratio Related Terms


Asian Granito India PB Ratio Historical Data

* Premium members only.

The historical data trend for Asian Granito India'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.

Asian Granito India PB Ratio Chart

Asian Granito India 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 0.61 0.35 0.57 0.46 1.10

Asian Granito India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 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 0.46 0.00 0.93 0.00 1.10

NSE:ASIANTILES vs TT, JCI, CARR: PB Ratio Comparison

For the Building Products & Equipment subindustry, Asian Granito India'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.


Asian Granito India PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Asian Granito India's PB Ratio distribution charts can be found below:

* The bar in red indicates where Asian Granito India's PB Ratio falls into.


NSE:ASIANTILES
50GF Score
Asian Granito India Ltd NSE:ASIANTILES
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Granito India 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.

Asian Granito India's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=51.88/51.356
=1.01

* 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 1.01 mean?
Asian Granito India (NSE:ASIANTILES) has a PB Ratio of 1.01 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Asian Granito India and its competitors. This is near median its historical median of 1.00. Over the past decade, Asian Granito India's PB Ratio has ranged from 0.34 to 4.06. According to the industry distribution chart, Asian Granito India ranks #679 out of 1722 companies in the Construction industry, placing it in the top 39.4%.
Is Asian Granito India's PB Ratio too high?
Asian Granito India's current PB Ratio of 1.01 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 4.06. The Construction industry median PB Ratio is 1.32. Asian Granito India's value of 1.01 is 23.5% below this industry median. Based on the distribution chart, Asian Granito India ranks #679 out of 1722 companies in the Construction industry, which is above the industry midpoint. Overall, Asian Granito India has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asian Granito India's PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Asian Granito India ranks #679 out of 1722 companies for PB Ratio. This puts Asian Granito India in the upper half of its industry. The industry median PB Ratio is 1.32. Asian Granito India's value of 1.01 is 23.5% below this benchmark. Historically, Asian Granito India's own PB Ratio has ranged from 0.34 to 4.06 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 1.32, Asian Granito India has consistently been below 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 Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,722 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. Asian Granito India's current PB Ratio of 1.01 is 23.5% below 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 Asian Granito India and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Granito India's current PB Ratio is 1.01, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Granito India stock overvalued right now?
Based on GuruFocus' analysis, Asian Granito India (NSE:ASIANTILES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹31.63, compared to a current price of ₹51.88 — trading 64% above its estimated fair value. The current PB Ratio is 1.01, which is near median its 10-year median of 1.00 and 23.5% below the Construction industry median of 1.32. Asian Granito India's overall GF Score™ is 50/100 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 Asian Granito India (NSE:ASIANTILES), the current PB Ratio is 1.01 as of Jul. 24, 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 Asian Granito India (NSE:ASIANTILES) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Granito India stock appears to be overvalued. The current stock price of ₹51.88 is trading 64% above its estimated GF Value™ of ₹31.63. GuruFocus considers Asian Granito India to be Significantly Overvalued.

Key valuation signals for NSE:ASIANTILES:

  • PB Ratio: 1.01 (near median its 10-year median of 1.00)
  • GF Value™: ₹31.63 vs. price of ₹51.88 (64% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 23.5% below the Construction median (#679 of 1722)

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


Asian Granito India Business Description

Other Exchanges 532888:India
Address S.G. Highway, 202, Dev Arc, Opposite Iskon Temple, Ahmedabad, GJ, IND, 380015
Asian Granito India Ltd is engaged in the manufacturing and selling of wall and floor tiles. The company's product portfolio includes vitrified tiles, ceramic wall tiles, marble stones, grestek, crystal collection, aquart, and quartz stones, where some are exported to various countries such as the United States, Africa, the Gulf, and the Middle East countries. The company has only two reportable segments, which are Tiles & Others and Marble & Quartz. The firm's majority revenue is generated through sales in the Indian market.
50GF Score

Get the complete analysis for NSE:ASIANTILES

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

₹51.88
Price
₹31.63
GF Value