Globe Enterprises (India) (NSE:GLOBE) PB Ratio: 0.63 (As of Jul. 30, 2026) — 36% Below Median

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Director of Data and Quant Analytics at GuruFocus
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.
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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:GLOBE Globe Enterprises (India) Ltd NSE:GLOBE
76 GF Score
Price ₹2.16
GF Value ₹1.82
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Globe Enterprises (India) PB Ratio?

Globe Enterprises (India) NSE:GLOBE +0.47% 76 PB Ratio is 0.63 as of Jul. 30, 2026, which is 36% below its 10-year median of 0.99. GuruFocus rates NSE:GLOBE with a GF Score™ of 76/100 and a GF Value™ of ₹1.82 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,004 Manufacturing - Apparel & Accessories companies, Globe Enterprises (India) ranks better than 70.72% 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 (2026-07-30), Globe Enterprises (India)'s share price is ₹2.16. Globe Enterprises (India)'s Book Value per Share for the quarter that ended in Dec. 2025 was ₹3.40. Hence, Globe Enterprises (India)'s PB Ratio of today is 0.63.

Good Sign:

Globe Enterprises (India) Ltd stock PB Ratio (=0.63) is close to 10-year low of 0.62.

The historical rank and industry rank for Globe Enterprises (India)'s PB Ratio or its related term are showing as below:

NSE:GLOBE' s PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 0.99   Max: 5.82
Current: 0.63

During the past 13 years, Globe Enterprises (India)'s highest PB Ratio was 5.82. The lowest was 0.62. And the median was 0.99.

NSE:GLOBE's PB Ratio is ranked better than
70.72% of 1004 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.07 vs NSE:GLOBE: 0.63

During the past 12 months, Globe Enterprises (India)'s average Book Value Per Share Growth Rate was 7.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Globe Enterprises (India) was 52.90% per year. The lowest was 7.00% per year. And the median was 14.60% per year.

Back to Basics: PB Ratio


Globe Enterprises (India)  (NSE:GLOBE) 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.


Globe Enterprises (India) PB Ratio Related Terms


Globe Enterprises (India) PB Ratio Historical Data

* Premium members only.

The historical data trend for Globe Enterprises (India)'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.

Globe Enterprises (India) PB Ratio Chart

Globe Enterprises (India) Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 2.69 0.67 0.95 0.75

Globe Enterprises (India) Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.00 0.75 0.00 0.63 0.00

Globe Enterprises (India) PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Globe Enterprises (India)'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.


Globe Enterprises (India) PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Globe Enterprises (India)'s PB Ratio distribution charts can be found below:

* The bar in red indicates where Globe Enterprises (India)'s PB Ratio falls into.


NSE:GLOBE
76GF Score
Globe Enterprises (India) Ltd NSE:GLOBE
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globe Enterprises (India) 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.

Globe Enterprises (India)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=2.16/3.402
=0.63

* 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 0.63 mean?
Globe Enterprises (India) (NSE:GLOBE) has a PB Ratio of 0.63 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 Globe Enterprises (India) and its competitors. This is 36% below median its historical median of 0.99. Over the past decade, Globe Enterprises (India)'s PB Ratio has ranged from 0.62 to 5.82. According to the industry distribution chart, Globe Enterprises (India) ranks #294 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 29.3%.
Is Globe Enterprises (India)'s PB Ratio too high?
Globe Enterprises (India)'s current PB Ratio of 0.63 is 36% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 5.82. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.07. Globe Enterprises (India)'s value of 0.63 is 41.1% below this industry median. Based on the distribution chart, Globe Enterprises (India) ranks #294 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Globe Enterprises (India) has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globe Enterprises (India)'s PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Globe Enterprises (India) ranks #294 out of 1004 companies for PB Ratio. This puts Globe Enterprises (India) in the upper half of its industry. The industry median PB Ratio is 1.07. Globe Enterprises (India)'s value of 0.63 is 41.1% below this benchmark. Historically, Globe Enterprises (India)'s own PB Ratio has ranged from 0.62 to 5.82 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 1.07, Globe Enterprises (India) 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 a Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.07, based on 1,004 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. Globe Enterprises (India)'s current PB Ratio of 0.63 is 41.1% 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 Globe Enterprises (India) and its competitors. For the Manufacturing - Apparel & Accessories 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. Globe Enterprises (India)'s current PB Ratio is 0.63, which is 36% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Enterprises (India) stock overvalued right now?
Based on GuruFocus' analysis, Globe Enterprises (India) (NSE:GLOBE) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1.82, compared to a current price of ₹2.16 — trading 18.7% above its estimated fair value. The current PB Ratio is 0.63, which is 36% below median its 10-year median of 0.99 and 41.1% below the Manufacturing - Apparel & Accessories industry median of 1.07. Globe Enterprises (India)'s overall GF Score™ is 76/100 with 4 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 Globe Enterprises (India) (NSE:GLOBE), the current PB Ratio is 0.63 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 Globe Enterprises (India) (NSE:GLOBE) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Enterprises (India) stock appears to be overvalued. The current stock price of ₹2.16 is trading 18.7% above its estimated GF Value™ of ₹1.82. GuruFocus considers Globe Enterprises (India) to be Modestly Overvalued.

Key valuation signals for NSE:GLOBE:

  • PB Ratio: 0.63 (36% below median its 10-year median of 0.99)
  • GF Value™: ₹1.82 vs. price of ₹2.16 (18.7% above fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 41.1% below the Manufacturing - Apparel & Accessories median (#294 of 1004)

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


Globe Enterprises (India) Business Description

Address Ahmedabad Apparel Park, Plot No. 38 to 41, GIDC Khokhra, Khokhra, Ahmedabad, GJ, IND, 380008
Globe Enterprises (India) Ltd, formerly known as Globe Textiles (India) Ltd, is mainly involved in the trading and manufacturing of textile products. The company's product portfolio includes denim and non-denim fabrics, shirting fabrics, printed fabrics, home textiles, jeans, and yarns. Geographically, the company generates maximum revenue from domestic sales and also exports its products to other countries.
76GF Score

Get the complete analysis for NSE:GLOBE

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

₹2.16
Price
₹1.82
GF Value