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Balaji PhosphatesNSE:BALAJIPHOS +1.19%14 PB Ratio is 2.34 as of Jul. 29, 2026, which is 42% below its 10-year median of 4.06. GuruFocus rates NSE:BALAJIPHOS with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 248 Agriculture companies, Balaji Phosphates ranks worse than 72.58% on this metric.
Balaji Phosphates Ltd stock PB Ratio (=2.39) is close to 2-year low of 2.28.
The historical rank and industry rank for Balaji Phosphates's PB Ratio or its related term are showing as below:
NSE:BALAJIPHOS'
s PB Ratio Range Over the Past 10 Years
Min: 2.28 Med: 4.06 Max: 6.73
Current: 2.35
During the past 5 years, Balaji Phosphates's highest PB Ratio was 6.73. The lowest was 2.28. And the median was 4.06.
NSE:BALAJIPHOS's PB Ratio is ranked worse than 72.58% of 248
companies
in the Agriculture industry
Industry Median: 1.49
vs NSE:BALAJIPHOS: 2.35
During the past 12 months, Balaji Phosphates's average Book Value Per Share Growth Rate was 13.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 46.30% per year.
During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Balaji Phosphates was 51.80% per year. The lowest was 46.30% per year. And the median was 49.05% per year.
Back to Basics: PB Ratio
Balaji Phosphates (NSE:BALAJIPHOS) 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.
Balaji Phosphates PB Ratio Related Terms
Balaji Phosphates PB Ratio Historical Data
* Premium members only.
The historical data trend for Balaji Phosphates'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:BALAJIPHOS vs CTVA, CF, MOS: PB Ratio Comparison
For the Agricultural Inputs subindustry, Balaji Phosphates'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.
Balaji Phosphates PB Ratio vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Balaji Phosphates's PB Ratio distribution charts can be found below:
* The bar in red indicates where Balaji Phosphates'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.
Balaji Phosphates (NSE:BALAJIPHOS) has a PB Ratio of 2.34 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 Balaji Phosphates and its competitors. This is 42% below median its historical median of 4.06. Over the past decade, Balaji Phosphates' PB Ratio has ranged from 2.28 to 6.73. According to the industry distribution chart, Balaji Phosphates ranks #180 out of 248 companies in the Agriculture industry, placing it in the top 72.6%.
Is Balaji Phosphates' PB Ratio too high?
Balaji Phosphates' current PB Ratio of 2.34 is 42% below median its 10-year median of 4.06. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 6.73. The Agriculture industry median PB Ratio is 1.49. Balaji Phosphates' value of 2.34 is 57% above this industry median. Based on the distribution chart, Balaji Phosphates ranks #180 out of 248 companies in the Agriculture industry, which is below the industry midpoint. Overall, Balaji Phosphates has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Balaji Phosphates' PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Balaji Phosphates ranks #180 out of 248 companies for PB Ratio. This places Balaji Phosphates in the lower half of its industry. The industry median PB Ratio is 1.49. Balaji Phosphates' value of 2.34 is 57% above this benchmark. Historically, Balaji Phosphates' own PB Ratio has ranged from 2.28 to 6.73 over the past decade. While the company's 10-year median is 4.06 vs. the industry median of 1.49, Balaji Phosphates 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 an Agriculture company?
The median PB Ratio among Agriculture companies is 1.49, based on 248 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. Balaji Phosphates's current PB Ratio of 2.34 is 57% 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 Balaji Phosphates and its competitors. For the Agriculture industry, the median PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balaji Phosphates's current PB Ratio is 2.34, which is 42% below median its own 10-year median of 4.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balaji Phosphates stock overvalued right now?
Balaji Phosphates (NSE:BALAJIPHOS) has a current PB Ratio of 2.34. The current PB Ratio is 2.34, which is 42% below median its 10-year median of 4.06 and 57% above the Agriculture industry median of 1.49. Balaji Phosphates' overall GF Score™ is 14/100 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 Balaji Phosphates (NSE:BALAJIPHOS), the current PB Ratio is 2.34 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.
Balaji Phosphates Ltd manufactures and supplies Single Super Phosphate (SSP) in powder and granulated forms, NPK granulated and mixed fertilizers, and zinc sulphate. It sells products under the brand names RATNAM and BPPL to customers, including retailers, wholesalers, and state-owned cooperatives, with farmers being the end users. The company operates in two segments: Fertilizers and Weighbridge. The Fertilizers segment includes the manufacturing of single super phosphate fertilizers. The Weighbridge segment includes the manufacture of weighbridges and annual service maintenance. The key revenue is generated from the Fertilizers segment.
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