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Flair Writing IndustriesNSE:FLAIR -0.80%73 PB Ratio is 2.17 as of Sep. 20, 2026, which is 28% below its 10-year median of 3.03. GuruFocus rates NSE:FLAIR with a GF Score™ of 73/100 and a GF Value™ of ₹352.02 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,999 Industrial Products companies, Flair Writing Industries ranks better than 50.52% on this metric.
Flair Writing Industries Ltd stock PB Ratio (=2.18) is close to 3-year low of 2.18.
The historical rank and industry rank for Flair Writing Industries's PB Ratio or its related term are showing as below:
NSE:FLAIR'
s PB Ratio Range Over the Past 10 Years
Min: 2.14 Med: 3.03 Max: 3.65
Current: 2.17
During the past 13 years, Flair Writing Industries's highest PB Ratio was 3.65. The lowest was 2.14. And the median was 3.03.
NSE:FLAIR's PB Ratio is ranked better than 50.52% of 2999
companies
in the Industrial Products industry
Industry Median: 2.19
vs NSE:FLAIR: 2.17
During the past 12 months, Flair Writing Industries's average Book Value Per Share Growth Rate was 12.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 37.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 39.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Flair Writing Industries was 152.10% per year. The lowest was 37.90% per year. And the median was 47.60% 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.
* 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.
Flair Writing Industries PB Ratio Competitor Comparison
For the Business Equipment & Supplies subindustry, Flair Writing 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.
Flair Writing Industries PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Flair Writing Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Flair Writing 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.
Flair Writing Industries (NSE:FLAIR) has a PB Ratio of 2.17 as of Sep. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Flair Writing Industries and its competitors. This is 28% below median its historical median of 3.03. Over the past decade, Flair Writing Industries' PB Ratio has ranged from 2.14 to 3.65. According to the industry distribution chart, Flair Writing Industries ranks #1484 out of 2999 companies in the Industrial Products industry, placing it in the top 49.5%.
Is Flair Writing Industries' PB Ratio too high?
Flair Writing Industries' current PB Ratio of 2.17 is 28% below median its 10-year median of 3.03. Over the past 10 years, this metric has ranged from a low of 2.14 to a high of 3.65. The Industrial Products industry median PB Ratio is 2.19. Flair Writing Industries' value of 2.17 is 0.9% below this industry median. Based on the distribution chart, Flair Writing Industries ranks #1484 out of 2999 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Flair Writing Industries has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Flair Writing Industries' PB Ratio compare to competitors?
According to the Industrial Products industry distribution chart, Flair Writing Industries ranks #1484 out of 2999 companies for PB Ratio. This puts Flair Writing Industries in the upper half of its industry. The industry median PB Ratio is 2.19. Flair Writing Industries' value of 2.17 is 0.9% below this benchmark. Historically, Flair Writing Industries' own PB Ratio has ranged from 2.14 to 3.65 over the past decade. While the company's 10-year median is 3.03 vs. the industry median of 2.19, Flair Writing Industries has consistently been below 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 an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.19, based on 2,999 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. Flair Writing Industries's current PB Ratio of 2.17 is 0.9% below 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 Flair Writing Industries and its competitors. For the Industrial Products industry, the median PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flair Writing Industries's current PB Ratio is 2.17, which is 28% below median its own 10-year median of 3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flair Writing Industries stock overvalued right now?
Based on GuruFocus' analysis, Flair Writing Industries (NSE:FLAIR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹352.02, compared to a current price of ₹235.23 — trading 33.2% below its estimated fair value. The current PB Ratio is 2.17, which is 28% below median its 10-year median of 3.03 and 0.9% below the Industrial Products industry median of 2.19. Flair Writing Industries' overall GF Score™ is 73/100 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 Flair Writing Industries (NSE:FLAIR), the current PB Ratio is 2.17 as of Sep. 20, 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 Flair Writing Industries (NSE:FLAIR) Overvalued in 2026?
Based on GuruFocus' analysis, Flair Writing Industries stock appears to be undervalued.
The current stock price of ₹235.23 is trading 33.2% below its estimated GF Value™ of ₹352.02.
GuruFocus considers Flair Writing Industries to be Significantly Undervalued.
Key valuation signals for NSE:FLAIR:
PB Ratio: 2.17 (28% below median its 10-year median of 3.03)
GF Value™: ₹352.02 vs. price of ₹235.23 (33.2% below fair value)
Industry Position: 0.9% below the Industrial Products median (#1484 of 2999)
No single metric tells the full story. See the NSE:FLAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Flair Writing Industries Ltd is engaged in manufacturing pens and other products. It manufactures and distributes several brands in India and due to its ability to manufacture quality products and its distribution and retail capabilities, It is able to partner with various international brands in the writing instruments industry. Its products are sold under its Flair brand, its principal brands Hauser and Pierre Cardin and It has recently introduced ZOOX in India. Its products include ball pens, fountain pens, gel pens, roller pens and metal pens, mechanical pencils, highlighters, correction pens, markers, gel crayons, colouring range, erasers, geometry boxes, and kids stationery kits, and calculators.
73GF Score
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