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.
Garware Technical FibresNSE:GARFIBRES +0.29%96 PB Ratio is 5.49 as of Jul. 26, 2026, which is 10% above its 10-year median of 5.00. GuruFocus rates NSE:GARFIBRES with a GF Score™ of 96/100 and a GF Value™ of ₹831.13 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,005 Manufacturing - Apparel & Accessories companies, Garware Technical Fibres ranks worse than 92.54% on this metric.
Garware Technical Fibres Ltd stock PB Ratio (=5.49) is close to 1-year high of 5.91.
The historical rank and industry rank for Garware Technical Fibres's PB Ratio or its related term are showing as below:
NSE:GARFIBRES'
s PB Ratio Range Over the Past 10 Years
Min: 2.69 Med: 5 Max: 8.99
Current: 5.49
During the past 13 years, Garware Technical Fibres's highest PB Ratio was 8.99. The lowest was 2.69. And the median was 5.00.
NSE:GARFIBRES's PB Ratio is ranked worse than 92.54% of 1005
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06
vs NSE:GARFIBRES: 5.49
During the past 12 months, Garware Technical Fibres's average Book Value Per Share Growth Rate was 9.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Garware Technical Fibres was 20.80% per year. The lowest was 5.40% per year. And the median was 13.90% per year.
Back to Basics: PB Ratio
Garware Technical Fibres (NSE:GARFIBRES) 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.
* 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.
Garware Technical Fibres PB Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Garware Technical Fibres'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.
Garware Technical Fibres PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Garware Technical Fibres's PB Ratio distribution charts can be found below:
* The bar in red indicates where Garware Technical Fibres'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.
Garware Technical Fibres (NSE:GARFIBRES) has a PB Ratio of 5.49 as of Jul. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Garware Technical Fibres and its competitors. This is 10% above median its historical median of 5.00. Over the past decade, Garware Technical Fibres' PB Ratio has ranged from 2.69 to 8.99. According to the industry distribution chart, Garware Technical Fibres ranks #930 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 92.5%.
Is Garware Technical Fibres' PB Ratio too high?
Garware Technical Fibres' current PB Ratio of 5.49 is 10% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.69 to a high of 8.99. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.06. Garware Technical Fibres' value of 5.49 is 417.9% above this industry median. Based on the distribution chart, Garware Technical Fibres ranks #930 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Garware Technical Fibres has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garware Technical Fibres' PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Garware Technical Fibres ranks #930 out of 1005 companies for PB Ratio. This places Garware Technical Fibres in the lower half of its industry. The industry median PB Ratio is 1.06. Garware Technical Fibres' value of 5.49 is 417.9% above this benchmark. Historically, Garware Technical Fibres' own PB Ratio has ranged from 2.69 to 8.99 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 1.06, Garware Technical Fibres 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.06, based on 1,005 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. Garware Technical Fibres's current PB Ratio of 5.49 is 417.9% 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 Garware Technical Fibres and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garware Technical Fibres's current PB Ratio is 5.49, which is 10% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Technical Fibres stock overvalued right now?
Based on GuruFocus' analysis, Garware Technical Fibres (NSE:GARFIBRES) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹831.13, compared to a current price of ₹748.45 — trading 9.9% below its estimated fair value. The current PB Ratio is 5.49, which is 10% above median its 10-year median of 5.00 and 417.9% above the Manufacturing - Apparel & Accessories industry median of 1.06. Garware Technical Fibres' overall GF Score™ is 96/100 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 Garware Technical Fibres (NSE:GARFIBRES), the current PB Ratio is 5.49 as of Jul. 26, 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 Garware Technical Fibres (NSE:GARFIBRES) Overvalued in 2026?
Based on GuruFocus' analysis, Garware Technical Fibres stock appears to be undervalued.
The current stock price of ₹748.45 is trading 9.9% below its estimated GF Value™ of ₹831.13.
GuruFocus considers Garware Technical Fibres to be Modestly Undervalued.
Key valuation signals for NSE:GARFIBRES:
PB Ratio: 5.49 (10% above median its 10-year median of 5.00)
GF Value™: ₹831.13 vs. price of ₹748.45 (9.9% below fair value)
Industry Position: 417.9% above the Manufacturing - Apparel & Accessories median (#930 of 1005)
No single metric tells the full story. See the NSE:GARFIBRES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garware Technical Fibres Ltd is involved in the textile business. It provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. The company and its subsidiaries manufacture and sell various products such as ropes, twine, yarn, fishnet, other nets, and technical textiles. Its operating segments are; Synthetic Cordage, and Fibre and Industrial Products and Projects. The maximum revenue is derived from its Synthetic Cordage segment. Geographically, the company caters to both domestic and international markets of which, maximum revenue is generated from international markets through its customers located outside India.
96GF Score
Get the complete analysis for NSE:GARFIBRES
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:GARFIBRES has been successfully added to your 
