Blue Dart Express (NSE:BLUEDART) PB Ratio: 6.83 (As of Jul. 27, 2026) — 47% Below Median

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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:BLUEDART Blue Dart Express Ltd NSE:BLUEDART
86 GF Score
Price ₹5,114.20
GF Value ₹7,646.81
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Blue Dart Express PB Ratio?

Blue Dart Express NSE:BLUEDART +3.07% 86 PB Ratio is 6.83 as of Jul. 27, 2026, which is 47% below its 10-year median of 12.87. GuruFocus rates NSE:BLUEDART with a GF Score™ of 86/100 and a GF Value™ of ₹7,646.81 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 967 Transportation companies, Blue Dart Express ranks worse than 94.73% 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 (2026-07-27), Blue Dart Express's share price is ₹5114.20. Blue Dart Express's Book Value per Share for the quarter that ended in Mar. 2026 was ₹748.83. Hence, Blue Dart Express's PB Ratio of today is 6.83.

Good Sign:

Blue Dart Express Ltd stock PB Ratio (=6.54) is close to 10-year low of 6.28.

The historical rank and industry rank for Blue Dart Express's PB Ratio or its related term are showing as below:

NSE:BLUEDART' s PB Ratio Range Over the Past 10 Years
Min: 6.28   Med: 12.87   Max: 24.46
Current: 6.54

During the past 13 years, Blue Dart Express's highest PB Ratio was 24.46. The lowest was 6.28. And the median was 12.87.

NSE:BLUEDART's PB Ratio is ranked worse than
94.73% of 967 companies
in the Transportation industry
Industry Median: 1.25 vs NSE:BLUEDART: 6.54

During the past 12 months, Blue Dart Express's average Book Value Per Share Growth Rate was 14.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 17.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Blue Dart Express was 34.40% per year. The lowest was -18.10% per year. And the median was 14.80% per year.

Back to Basics: PB Ratio


Blue Dart Express  (NSE:BLUEDART) 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.


Blue Dart Express PB Ratio Related Terms


Blue Dart Express PB Ratio Historical Data

* Premium members only.

The historical data trend for Blue Dart Express'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.

Blue Dart Express PB Ratio Chart

Blue Dart Express 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 18.67 12.50 10.73 9.34 6.34

Blue Dart Express 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 9.34 0.00 8.30 0.00 6.34

NSE:BLUEDART vs UPS, FDX, JBHT: PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Blue Dart Express'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.


Blue Dart Express PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Blue Dart Express's PB Ratio distribution charts can be found below:

* The bar in red indicates where Blue Dart Express's PB Ratio falls into.


NSE:BLUEDART
86GF Score
Blue Dart Express Ltd NSE:BLUEDART
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blue Dart Express 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.

Blue Dart Express's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=5114.20/748.833
=6.83

* 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 6.83 mean?
Blue Dart Express (NSE:BLUEDART) has a PB Ratio of 6.83 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Blue Dart Express and its competitors. This is 47% below median its historical median of 12.87. Over the past decade, Blue Dart Express' PB Ratio has ranged from 6.28 to 24.46. According to the industry distribution chart, Blue Dart Express ranks #916 out of 967 companies in the Transportation industry, placing it in the top 94.7%.
Is Blue Dart Express' PB Ratio too high?
Blue Dart Express' current PB Ratio of 6.83 is 47% below median its 10-year median of 12.87. Over the past 10 years, this metric has ranged from a low of 6.28 to a high of 24.46. The Transportation industry median PB Ratio is 1.25. Blue Dart Express' value of 6.83 is 446.4% above this industry median. Based on the distribution chart, Blue Dart Express ranks #916 out of 967 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Blue Dart Express has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blue Dart Express' PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Blue Dart Express ranks #916 out of 967 companies for PB Ratio. This places Blue Dart Express in the lower half of its industry. The industry median PB Ratio is 1.25. Blue Dart Express' value of 6.83 is 446.4% above this benchmark. Historically, Blue Dart Express' own PB Ratio has ranged from 6.28 to 24.46 over the past decade. While the company's 10-year median is 12.87 vs. the industry median of 1.25, Blue Dart Express 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 Transportation company?
The median PB Ratio among Transportation companies is 1.25, based on 967 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. Blue Dart Express's current PB Ratio of 6.83 is 446.4% 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 Blue Dart Express and its competitors. For the Transportation industry, the median PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blue Dart Express's current PB Ratio is 6.83, which is 47% below median its own 10-year median of 12.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Dart Express stock overvalued right now?
Based on GuruFocus' analysis, Blue Dart Express (NSE:BLUEDART) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹7,646.81, compared to a current price of ₹5,114.20 — trading 33.1% below its estimated fair value. The current PB Ratio is 6.83, which is 47% below median its 10-year median of 12.87 and 446.4% above the Transportation industry median of 1.25. Blue Dart Express' overall GF Score™ is 86/100 with 3 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 Blue Dart Express (NSE:BLUEDART), the current PB Ratio is 6.83 as of Jul. 27, 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 Blue Dart Express (NSE:BLUEDART) Overvalued in 2026?

Based on GuruFocus' analysis, Blue Dart Express stock appears to be undervalued. The current stock price of ₹5,114.20 is trading 33.1% below its estimated GF Value™ of ₹7,646.81. GuruFocus considers Blue Dart Express to be Significantly Undervalued.

Key valuation signals for NSE:BLUEDART:

  • PB Ratio: 6.83 (47% below median its 10-year median of 12.87)
  • GF Value™: ₹7,646.81 vs. price of ₹5,114.20 (33.1% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 446.4% above the Transportation median (#916 of 967)

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


Blue Dart Express Business Description

Other Exchanges 526612:India
Address Sahar Airport Road, Blue Dart Centre, Andheri (East), Mumbai, MH, IND, 400 099
Blue Dart Express Ltd is a courier and package delivery company which focuses on express delivery using air and ground transportation in India. The company is headquartered in India, and generates all revenue domestically. Blue Dart Express operates through a single segment, and provides integrated air and ground transportation to distribute packages to various destinations within India. The company also operates and maintains aircraft for the purpose of package delivery.
86GF Score

Get the complete analysis for NSE:BLUEDART

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

₹5,114.20
Price
₹7,646.81
GF Value