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Britannia IndustriesNSE:BRITANNIA -1.02%96 PB Ratio is 26.22 as of Aug. 17, 2026, which is 4% below its 10-year median of 27.42. GuruFocus rates NSE:BRITANNIA with a GF Score™ of 96/100 and a GF Value™ of ₹6,051.39 (Fairly Valued). Among 1,902 Consumer Packaged Goods companies, Britannia Industries ranks worse than 98.11% on this metric.
Britannia Industries Ltd stock PB Ratio (=26.18) is close to 5-year low of 24.15.
The historical rank and industry rank for Britannia Industries's PB Ratio or its related term are showing as below:
NSE:BRITANNIA'
s PB Ratio Range Over the Past 10 Years
Min: 13.99 Med: 27.42 Max: 52.49
Current: 26.18
During the past 13 years, Britannia Industries's highest PB Ratio was 52.49. The lowest was 13.99. And the median was 27.42.
NSE:BRITANNIA's PB Ratio is ranked worse than 98.11% of 1902
companies
in the Consumer Packaged Goods industry
Industry Median: 1.405
vs NSE:BRITANNIA: 26.18
During the past 12 months, Britannia Industries's average Book Value Per Share Growth Rate was 17.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Britannia Industries was 55.20% per year. The lowest was -22.20% per year. And the median was 16.50% 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.
Britannia Industries PB Ratio Related Terms
Britannia Industries PB Ratio Historical Data
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The historical data trend for Britannia Industries'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.
For the Packaged Foods subindustry, Britannia Industries'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.
Britannia Industries PB Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Britannia Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Britannia Industries'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.
Britannia Industries (NSE:BRITANNIA) has a PB Ratio of 26.22 as of Aug. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Britannia Industries and its competitors. This is near median its historical median of 27.42. Over the past decade, Britannia Industries' PB Ratio has ranged from 13.99 to 52.49. According to the industry distribution chart, Britannia Industries ranks #1866 out of 1902 companies in the Consumer Packaged Goods industry, placing it in the top 98.1%.
Is Britannia Industries' PB Ratio too high?
Britannia Industries' current PB Ratio of 26.22 is near median its 10-year median of 27.42. Over the past 10 years, this metric has ranged from a low of 13.99 to a high of 52.49. The Consumer Packaged Goods industry median PB Ratio is 1.41. Britannia Industries' value of 26.22 is 1766.2% above this industry median. Based on the distribution chart, Britannia Industries ranks #1866 out of 1902 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Britannia Industries has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Britannia Industries' PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Britannia Industries ranks #1866 out of 1902 companies for PB Ratio. This places Britannia Industries in the lower half of its industry. The industry median PB Ratio is 1.41. Britannia Industries' value of 26.22 is 1766.2% above this benchmark. Historically, Britannia Industries' own PB Ratio has ranged from 13.99 to 52.49 over the past decade. While the company's 10-year median is 27.42 vs. the industry median of 1.41, Britannia Industries 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.41, based on 1,902 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. Britannia Industries's current PB Ratio of 26.22 is 1766.2% 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 Britannia Industries and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Britannia Industries's current PB Ratio is 26.22, which is near median its own 10-year median of 27.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Britannia Industries stock overvalued right now?
Based on GuruFocus' analysis, Britannia Industries (NSE:BRITANNIA) is currently considered Fairly Valued. The stock's GF Value™ is ₹6,051.39, compared to a current price of ₹5,558.00 — trading 8.2% below its estimated fair value. The current PB Ratio is 26.22, which is near median its 10-year median of 27.42 and 1766.2% above the Consumer Packaged Goods industry median of 1.41. Britannia Industries' overall GF Score™ is 96/100. 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 Britannia Industries (NSE:BRITANNIA), the current PB Ratio is 26.22 as of Aug. 17, 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 Britannia Industries (NSE:BRITANNIA) Overvalued in 2026?
Based on GuruFocus' analysis, Britannia Industries stock appears to be undervalued.
The current stock price of ₹5,558.00 is trading 8.2% below its estimated GF Value™ of ₹6,051.39.
GuruFocus considers Britannia Industries to be Fairly Valued.
Key valuation signals for NSE:BRITANNIA:
PB Ratio: 26.22 (near median its 10-year median of 27.42)
GF Value™: ₹6,051.39 vs. price of ₹5,558.00 (8.2% below fair value)
Industry Position: 1766.2% above the Consumer Packaged Goods median (#1866 of 1902)
No single metric tells the full story. See the NSE:BRITANNIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressWhitefield Main Road, The Business Precinct, Tower C, 15th, 16th & 17th Floor, Prestige Shantiniketan, Mahadevapura Post, Bengaluru, KA, IND, 560048
Britannia Industries Ltd is an Indian packaged-food company involved in the Manufacturing, trading, and selling food products. Its main product categories are biscuits, breads, dairy, cakes, and rusks. The biscuits product line offers sweet biscuits under the GoodDay brand, crackers under the Five thousand fifty brands, nutritional and digestive biscuits under the NutriChoice brand, and other products. The bread products segment offers whole-wheat breads, white sandwich breads, and bread assortments. The dairy product line sells cheese, milk, and yogurt under the Britannia brand. The cake segment offers bar cakes, muffins, and many more. The operating segment of the Company is identified to be Foods.
96GF Score
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