Eureka Forbes (NSE:EUREKAFORB) PB Ratio: 1.90 (As of Aug. 08, 2026) — 15% Below Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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:EUREKAFORB Eureka Forbes Ltd NSE:EUREKAFORB
65 GF Score
Price ₹450.55
GF Value ₹640.04
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Eureka Forbes PB Ratio?

Eureka Forbes NSE:EUREKAFORB -2.00% 65 PB Ratio is 1.90 as of Aug. 08, 2026, which is 15% below its 10-year median of 2.24. GuruFocus rates NSE:EUREKAFORB with a GF Score™ of 65/100 and a GF Value™ of ₹640.04 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 422 Furnishings, Fixtures & Appliances companies, Eureka Forbes ranks worse than 63.74% 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 (2026-08-08), Eureka Forbes's share price is ₹450.55. Eureka Forbes's Book Value per Share for the quarter that ended in Mar. 2026 was ₹237.69. Hence, Eureka Forbes's PB Ratio of today is 1.90.

Good Sign:

Eureka Forbes Ltd stock PB Ratio (=1.99) is close to 3-year low of 1.82.

The historical rank and industry rank for Eureka Forbes's PB Ratio or its related term are showing as below:

NSE:EUREKAFORB' s PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 2.24   Max: 2.81
Current: 1.89

During the past 8 years, Eureka Forbes's highest PB Ratio was 2.81. The lowest was 1.40. And the median was 2.24.

NSE:EUREKAFORB's PB Ratio is ranked worse than
63.74% of 422 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.34 vs NSE:EUREKAFORB: 1.89

During the past 12 months, Eureka Forbes's average Book Value Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 347.30% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Eureka Forbes was 3048.10% per year. The lowest was 2.60% per year. And the median was 1225.20% per year.

Back to Basics: PB Ratio


Eureka Forbes  (NSE:EUREKAFORB) 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.


Eureka Forbes PB Ratio Related Terms


Eureka Forbes PB Ratio Historical Data

* Premium members only.

The historical data trend for Eureka Forbes'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.

Eureka Forbes PB Ratio Chart

Eureka Forbes Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 2.38 1.85

Eureka Forbes 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 2.38 0.00 2.44 0.00 1.85

NSE:EUREKAFORB vs SN, SGI, MHK: PB Ratio Comparison

For the Furnishings, Fixtures & Appliances subindustry, Eureka Forbes'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.


Eureka Forbes PB Ratio vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Eureka Forbes's PB Ratio distribution charts can be found below:

* The bar in red indicates where Eureka Forbes's PB Ratio falls into.


NSE:EUREKAFORB
65GF Score
Eureka Forbes Ltd NSE:EUREKAFORB
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eureka Forbes 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.

Eureka Forbes's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=450.55/237.693
=1.90

* 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 1.90 mean?
Eureka Forbes (NSE:EUREKAFORB) has a PB Ratio of 1.90 as of Aug. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Eureka Forbes and its competitors. This is 15% below median its historical median of 2.24. Over the past decade, Eureka Forbes' PB Ratio has ranged from 1.40 to 2.81. According to the industry distribution chart, Eureka Forbes ranks #269 out of 422 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 63.7%.
Is Eureka Forbes' PB Ratio too high?
Eureka Forbes' current PB Ratio of 1.90 is 15% below median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 1.40 to a high of 2.81. The Furnishings, Fixtures & Appliances industry median PB Ratio is 1.34. Eureka Forbes' value of 1.90 is 41.8% above this industry median. Based on the distribution chart, Eureka Forbes ranks #269 out of 422 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Eureka Forbes has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eureka Forbes' PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Eureka Forbes ranks #269 out of 422 companies for PB Ratio. This places Eureka Forbes in the lower half of its industry. The industry median PB Ratio is 1.34. Eureka Forbes' value of 1.90 is 41.8% above this benchmark. Historically, Eureka Forbes' own PB Ratio has ranged from 1.40 to 2.81 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 1.34, Eureka Forbes 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 Furnishings, Fixtures & Appliances company?
The median PB Ratio among Furnishings, Fixtures & Appliances companies is 1.34, based on 422 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. Eureka Forbes's current PB Ratio of 1.90 is 41.8% 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 Eureka Forbes and its competitors. For the Furnishings, Fixtures & Appliances industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eureka Forbes's current PB Ratio is 1.90, which is 15% below median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eureka Forbes stock overvalued right now?
Based on GuruFocus' analysis, Eureka Forbes (NSE:EUREKAFORB) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹640.04, compared to a current price of ₹450.55 — trading 29.6% below its estimated fair value. The current PB Ratio is 1.90, which is 15% below median its 10-year median of 2.24 and 41.8% above the Furnishings, Fixtures & Appliances industry median of 1.34. Eureka Forbes' overall GF Score™ is 65/100 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 Eureka Forbes (NSE:EUREKAFORB), the current PB Ratio is 1.90 as of Aug. 08, 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 Eureka Forbes (NSE:EUREKAFORB) Overvalued in 2026?

Based on GuruFocus' analysis, Eureka Forbes stock appears to be undervalued. The current stock price of ₹450.55 is trading 29.6% below its estimated GF Value™ of ₹640.04. GuruFocus considers Eureka Forbes to be Significantly Undervalued.

Key valuation signals for NSE:EUREKAFORB:

  • PB Ratio: 1.90 (15% below median its 10-year median of 2.24)
  • GF Value™: ₹640.04 vs. price of ₹450.55 (29.6% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 41.8% above the Furnishings, Fixtures & Appliances median (#269 of 422)

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


Eureka Forbes Business Description

Other Exchanges 543482:India
Address Off Ganpatrao Kadam Marg, B1/B2, 701, 7th Floor, Marathon Innova, Lower Parel, Mumbai, MH, IND, 400013
Eureka Forbes Ltd is engaged in manufacturing, selling, renting, and servicing of vacuum cleaners, water purifiers, trading in electronic air cleaning systems, etc. Its main revenue is generated from the sale of water purifiers, spares, and servicing. Geographically, the company derives a majority of its revenue from its customers in India.
65GF Score

Get the complete analysis for NSE:EUREKAFORB

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

₹450.55
Price
₹640.04
GF Value