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Fino Payments BankNSE:FINOPB -1.75%54 PB Ratio is 1.73 as of Jul. 25, 2026, which is 50% below its 10-year median of 3.48. GuruFocus rates NSE:FINOPB with a GF Score™ of 54/100 and a GF Value™ of ₹732.89 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,511 Banks companies, Fino Payments Bank ranks worse than 84.84% on this metric.
The historical rank and industry rank for Fino Payments Bank's PB Ratio or its related term are showing as below:
NSE:FINOPB'
s PB Ratio Range Over the Past 10 Years
Min: 1.23 Med: 3.48 Max: 5.47
Current: 1.73
During the past 8 years, Fino Payments Bank's highest PB Ratio was 5.47. The lowest was 1.23. And the median was 3.48.
NSE:FINOPB's PB Ratio is ranked worse than 84.84% of 1511
companies
in the Banks industry
Industry Median: 1.11
vs NSE:FINOPB: 1.73
During the past 12 months, Fino Payments Bank's average Book Value Per Share Growth Rate was 7.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 32.60% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Fino Payments Bank was 62.30% per year. The lowest was 13.40% per year. And the median was 43.60% per year.
Back to Basics: PB Ratio
Fino Payments Bank (NSE:FINOPB) 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.
Fino Payments Bank PB Ratio Related Terms
Fino Payments Bank PB Ratio Historical Data
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The historical data trend for Fino Payments Bank'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 Banks - Regional subindustry, Fino Payments Bank'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.
Fino Payments Bank PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Fino Payments Bank's PB Ratio distribution charts can be found below:
* The bar in red indicates where Fino Payments Bank'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.
Fino Payments Bank (NSE:FINOPB) has a PB Ratio of 1.73 as of Jul. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Fino Payments Bank and its competitors. This is 50% below median its historical median of 3.48. Over the past decade, Fino Payments Bank's PB Ratio has ranged from 1.23 to 5.47. According to the industry distribution chart, Fino Payments Bank ranks #1282 out of 1511 companies in the Banks industry, placing it in the top 84.8%.
Is Fino Payments Bank's PB Ratio too high?
Fino Payments Bank's current PB Ratio of 1.73 is 50% below median its 10-year median of 3.48. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 5.47. The Banks industry median PB Ratio is 1.11. Fino Payments Bank's value of 1.73 is 55.9% above this industry median. Based on the distribution chart, Fino Payments Bank ranks #1282 out of 1511 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Fino Payments Bank has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Fino Payments Bank's PB Ratio compare to PNC?
According to the Banks industry distribution chart, Fino Payments Bank ranks #1282 out of 1511 companies for PB Ratio. This places Fino Payments Bank in the lower half of its industry. The industry median PB Ratio is 1.11. Fino Payments Bank's value of 1.73 is 55.9% above this benchmark. Historically, Fino Payments Bank's own PB Ratio has ranged from 1.23 to 5.47 over the past decade. While the company's 10-year median is 3.48 vs. the industry median of 1.11, Fino Payments Bank 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 Banks company?
The median PB Ratio among Banks companies is 1.11, based on 1,511 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. Fino Payments Bank's current PB Ratio of 1.73 is 55.9% 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 Fino Payments Bank and its competitors. For the Banks industry, the median PB Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fino Payments Bank's current PB Ratio is 1.73, which is 50% below median its own 10-year median of 3.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fino Payments Bank stock overvalued right now?
Based on GuruFocus' analysis, Fino Payments Bank (NSE:FINOPB) is currently considered Possible Value Trap. The stock's GF Value™ is ₹732.89, compared to a current price of ₹167.06 — trading 77.2% below its estimated fair value. The current PB Ratio is 1.73, which is 50% below median its 10-year median of 3.48 and 55.9% above the Banks industry median of 1.11. Fino Payments Bank's overall GF Score™ is 54/100 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 Fino Payments Bank (NSE:FINOPB), the current PB Ratio is 1.73 as of Jul. 25, 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 Fino Payments Bank (NSE:FINOPB) Overvalued in 2026?
Based on GuruFocus' analysis, Fino Payments Bank stock appears to be undervalued.
The current stock price of ₹167.06 is trading 77.2% below its estimated GF Value™ of ₹732.89.
GuruFocus considers Fino Payments Bank to be Possible Value Trap.
Key valuation signals for NSE:FINOPB:
PB Ratio: 1.73 (50% below median its 10-year median of 3.48)
GF Value™: ₹732.89 vs. price of ₹167.06 (77.2% below fair value)
Industry Position: 55.9% above the Banks median (#1282 of 1511)
No single metric tells the full story. See the NSE:FINOPB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fino Payments Bank Ltd is an Indian payments bank providing various banking and financial services, with a focus on meeting the needs of low-income families, small businesses, and rural communities. It offers various services such as savings and current accounts, money transfers, bill payments, and mobile recharges etc., and has partnered with institutions to provide customized offerings like microinsurance and micro-investments. The company operates in four segments: Treasury, Corporate Banking, Retail Banking, and Other Banking Operations. Its key revenue is derived from the Other Banking Operations segment, which includes Business Correspondent Services, Digital Payment Services, Cash Management Services, Domestic Money Transfer, Micro-ATM, and Aadhaar-enabled Payment System (AePS).
54GF Score
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