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.
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:CHOLAFIN's PB Ratio is ranked worse than 92.21% of 526
companies
in the Credit Services industry
Industry Median: 1.065
vs NSE:CHOLAFIN: 5.04
During the past 12 months, Cholamandalam Investment and Finance Co's average Book Value Per Share Growth Rate was 27.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 27.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 25.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 22.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cholamandalam Investment and Finance Co was 27.00% per year. The lowest was -4.20% per year. And the median was 20.40% per year.
Back to Basics: PB Ratio
Cholamandalam Investment and Finance Co (NSE:CHOLAFIN) 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.
Cholamandalam Investment and Finance Co PB Ratio Related Terms
Cholamandalam Investment and Finance Co PB Ratio Historical Data
* 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.
Cholamandalam Investment and Finance Co PB Ratio Chart
Cholamandalam Investment and Finance Co Annual Data
For the Credit Services subindustry, Cholamandalam Investment and Finance Co'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.
Cholamandalam Investment and Finance Co PB Ratio vs Credit Services Industry
Cholamandalam Investment and Finance Co 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.
* 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.
Cholamandalam Investment and Finance Co (NSE:CHOLAFIN) has a PB Ratio of 5.04 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cholamandalam Investment and Finance Co and its competitors. This is near median its historical median of 4.63. Over the past decade, Cholamandalam Investment and Finance Co's PB Ratio has ranged from 1.23 to 6.56. According to the industry distribution chart, Cholamandalam Investment and Finance Co ranks #485 out of 526 companies in the Credit Services industry, placing it in the top 92.2%.
Is Cholamandalam Investment and Finance Co's PB Ratio too high?
Cholamandalam Investment and Finance Co's current PB Ratio of 5.04 is near median its 10-year median of 4.63. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 6.56. The Credit Services industry median PB Ratio is 1.07. Cholamandalam Investment and Finance Co's value of 5.04 is 373.2% above this industry median. Based on the distribution chart, Cholamandalam Investment and Finance Co ranks #485 out of 526 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Cholamandalam Investment and Finance Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cholamandalam Investment and Finance Co's PB Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Cholamandalam Investment and Finance Co ranks #485 out of 526 companies for PB Ratio. This places Cholamandalam Investment and Finance Co in the lower half of its industry. The industry median PB Ratio is 1.07. Cholamandalam Investment and Finance Co's value of 5.04 is 373.2% above this benchmark. Historically, Cholamandalam Investment and Finance Co's own PB Ratio has ranged from 1.23 to 6.56 over the past decade. While the company's 10-year median is 4.63 vs. the industry median of 1.07, Cholamandalam Investment and Finance Co 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 Credit Services company?
The median PB Ratio among Credit Services companies is 1.07, based on 526 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. Cholamandalam Investment and Finance Co's current PB Ratio of 5.04 is 373.2% 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 Cholamandalam Investment and Finance Co and its competitors. For the Credit Services industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cholamandalam Investment and Finance Co's current PB Ratio is 5.04, which is near median its own 10-year median of 4.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cholamandalam Investment and Finance Co stock overvalued right now?
Based on GuruFocus' analysis, Cholamandalam Investment and Finance Co (NSE:CHOLAFIN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,146.58, compared to a current price of ₹1,802.90 — trading 16% below its estimated fair value. The current PB Ratio is 5.04, which is near median its 10-year median of 4.63 and 373.2% above the Credit Services industry median of 1.07. Cholamandalam Investment and Finance Co's overall GF Score™ is 77/100 with 6 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 Cholamandalam Investment and Finance Co (NSE:CHOLAFIN), the current PB Ratio is 5.04 as of Jul. 30, 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 Cholamandalam Investment and Finance Co (NSE:CHOLAFIN) Overvalued in 2026?
Based on GuruFocus' analysis, Cholamandalam Investment and Finance Co stock appears to be undervalued.
The current stock price of ₹1,802.90 is trading 16% below its estimated GF Value™ of ₹2,146.58.
GuruFocus considers Cholamandalam Investment and Finance Co to be Modestly Undervalued.
Key valuation signals for NSE:CHOLAFIN:
PB Ratio: 5.04 (near median its 10-year median of 4.63)
GF Value™: ₹2,146.58 vs. price of ₹1,802.90 (16% below fair value)
Industry Position: 373.2% above the Credit Services median (#485 of 526)
No single metric tells the full story. See the NSE:CHOLAFIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cholamandalam Investment and Finance Co Business Description
Cholamandalam Investment and Finance Co Ltd serves as the financial services arm of the Murugappa Group. Its subsidiaries include Cholamandalam Securities Limited (CSEC) and Cholamandalam Home Finance Limited (CHFL). The company's operating segments include; Vehicle finance loans its key revenue generating segment, which provides loans for the purchase of vehicles, tractors, and construction equipment; the Home Loans segment includes loans given for the acquisition of residential property; Loan against property includes loans to the customer against immovable property; and Other loans represents loans against shares and SME loans. The company operates solely in India.
77GF Score
Get the complete analysis for NSE:CHOLAFIN
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:CHOLAFIN has been successfully added to your 
