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Berger Paints IndiaNSE:BERGEPAINT -0.17%97 PB Ratio is 8.77 as of Aug. 01, 2026, which is 34% below its 10-year median of 13.23. GuruFocus rates NSE:BERGEPAINT with a GF Score™ of 97/100 and a GF Value™ of ₹589.83 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,575 Chemicals companies, Berger Paints India ranks worse than 94.79% on this metric.
The historical rank and industry rank for Berger Paints India's PB Ratio or its related term are showing as below:
NSE:BERGEPAINT'
s PB Ratio Range Over the Past 10 Years
Min: 7.1 Med: 13.23 Max: 24.73
Current: 8.74
During the past 13 years, Berger Paints India's highest PB Ratio was 24.73. The lowest was 7.10. And the median was 13.23.
NSE:BERGEPAINT's PB Ratio is ranked worse than 94.79% of 1575
companies
in the Chemicals industry
Industry Median: 1.62
vs NSE:BERGEPAINT: 8.74
During the past 12 months, Berger Paints India's average Book Value Per Share Growth Rate was 12.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 15.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 16.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Berger Paints India was 23.90% per year. The lowest was 0.80% per year. And the median was 17.10% 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.
Berger Paints India PB Ratio Related Terms
Berger Paints India PB Ratio Historical Data
* Premium members only.
The historical data trend for Berger Paints 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.
NSE:BERGEPAINT vs LIN, SHW, ECL: PB Ratio Comparison
For the Specialty Chemicals subindustry, Berger Paints 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.
Berger Paints India PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Berger Paints India's PB Ratio distribution charts can be found below:
* The bar in red indicates where Berger Paints India'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.
Berger Paints India (NSE:BERGEPAINT) has a PB Ratio of 8.77 as of Aug. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Berger Paints India and its competitors. This is 34% below median its historical median of 13.23. Over the past decade, Berger Paints India's PB Ratio has ranged from 7.10 to 24.73. According to the industry distribution chart, Berger Paints India ranks #1493 out of 1575 companies in the Chemicals industry, placing it in the top 94.8%.
Is Berger Paints India's PB Ratio too high?
Berger Paints India's current PB Ratio of 8.77 is 34% below median its 10-year median of 13.23. Over the past 10 years, this metric has ranged from a low of 7.10 to a high of 24.73. The Chemicals industry median PB Ratio is 1.62. Berger Paints India's value of 8.77 is 441.4% above this industry median. Based on the distribution chart, Berger Paints India ranks #1493 out of 1575 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Berger Paints India has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Berger Paints India's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Berger Paints India ranks #1493 out of 1575 companies for PB Ratio. This places Berger Paints India in the lower half of its industry. The industry median PB Ratio is 1.62. Berger Paints India's value of 8.77 is 441.4% above this benchmark. Historically, Berger Paints India's own PB Ratio has ranged from 7.10 to 24.73 over the past decade. While the company's 10-year median is 13.23 vs. the industry median of 1.62, Berger Paints India 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 1.62, based on 1,575 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. Berger Paints India's current PB Ratio of 8.77 is 441.4% 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 Berger Paints India and its competitors. For the Chemicals industry, the median PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berger Paints India's current PB Ratio is 8.77, which is 34% below median its own 10-year median of 13.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berger Paints India stock overvalued right now?
Based on GuruFocus' analysis, Berger Paints India (NSE:BERGEPAINT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹589.83, compared to a current price of ₹520.45 — trading 11.8% below its estimated fair value. The current PB Ratio is 8.77, which is 34% below median its 10-year median of 13.23 and 441.4% above the Chemicals industry median of 1.62. Berger Paints India's overall GF Score™ is 97/100 with 2 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 Berger Paints India (NSE:BERGEPAINT), the current PB Ratio is 8.77 as of Aug. 01, 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 Berger Paints India (NSE:BERGEPAINT) Overvalued in 2026?
Based on GuruFocus' analysis, Berger Paints India stock appears to be undervalued.
The current stock price of ₹520.45 is trading 11.8% below its estimated GF Value™ of ₹589.83.
GuruFocus considers Berger Paints India to be Modestly Undervalued.
Key valuation signals for NSE:BERGEPAINT:
PB Ratio: 8.77 (34% below median its 10-year median of 13.23)
GF Value™: ₹589.83 vs. price of ₹520.45 (11.8% below fair value)
Industry Position: 441.4% above the Chemicals median (#1493 of 1575)
No single metric tells the full story. See the NSE:BERGEPAINT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Berger Paints India Ltd manufactures and sells a variety of paints, coatings, and sealants. The majority of the company's revenue comes from the sale of decorative acrylic paints used for interior and exterior housing, wood coatings, primers, thinners, and putties under the Berger brand name. The company also sells industrial paints to the automotive industry as well as protective and powder coatings used to protect steel, concrete, furniture, hospital items, and garden tools. All the revenue comes from India.
97GF Score
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