Go Fashion (India) (NSE:GOCOLORS) PB Ratio: 2.46 (As of Aug. 12, 2026) — 76% Below Median

Author: Vera Yuan Vera Yuan
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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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Charlie Tian
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:GOCOLORS Go Fashion (India) Ltd NSE:GOCOLORS
76 GF Score
Price ₹323.00
GF Value ₹960.75
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Go Fashion (India) PB Ratio?

Go Fashion (India) NSE:GOCOLORS -1.90% 76 PB Ratio is 2.46 as of Aug. 12, 2026, which is 76% below its 10-year median of 10.08. GuruFocus rates NSE:GOCOLORS with a GF Score™ of 76/100 and a GF Value™ of ₹960.75 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,081 Retail - Cyclical companies, Go Fashion (India) ranks worse than 67.35% 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 (2026-08-12), Go Fashion (India)'s share price is ₹323.00. Go Fashion (India)'s Book Value per Share for the quarter that ended in Jun. 2026 was ₹131.25. Hence, Go Fashion (India)'s PB Ratio of today is 2.46.

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

NSE:GOCOLORS' s PB Ratio Range Over the Past 10 Years
Min: 2.04   Med: 10.08   Max: 15.68
Current: 2.45

During the past 8 years, Go Fashion (India)'s highest PB Ratio was 15.68. The lowest was 2.04. And the median was 10.08.

NSE:GOCOLORS's PB Ratio is ranked worse than
67.35% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 1.49 vs NSE:GOCOLORS: 2.45

During the past 12 months, Go Fashion (India)'s average Book Value Per Share Growth Rate was 1.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.20% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Go Fashion (India) was 28.80% per year. The lowest was 10.80% per year. And the median was 22.00% per year.

Back to Basics: PB Ratio


Go Fashion (India)  (NSE:GOCOLORS) 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.


Go Fashion (India) PB Ratio Related Terms


Go Fashion (India) PB Ratio Historical Data

* Premium members only.

The historical data trend for Go Fashion (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.

Go Fashion (India) PB Ratio Chart

Go Fashion (India) Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 12.46 10.43 10.78 5.21 1.90

Go Fashion (India) Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4.91 0.00 1.90 0.00

NSE:GOCOLORS vs TJX, ROST, BURL: PB Ratio Comparison

For the Apparel Retail subindustry, Go Fashion (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.


Go Fashion (India) PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Go Fashion (India)'s PB Ratio distribution charts can be found below:

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


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

Go Fashion (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.

Go Fashion (India)'s PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=323.00/131.245
=2.46

* 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 2.46 mean?
Go Fashion (India) (NSE:GOCOLORS) has a PB Ratio of 2.46 as of Aug. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Go Fashion (India) and its competitors. This is 76% below median its historical median of 10.08. Over the past decade, Go Fashion (India)'s PB Ratio has ranged from 2.04 to 15.68. According to the industry distribution chart, Go Fashion (India) ranks #728 out of 1081 companies in the Retail - Cyclical industry, placing it in the top 67.3%.
Is Go Fashion (India)'s PB Ratio too high?
Go Fashion (India)'s current PB Ratio of 2.46 is 76% below median its 10-year median of 10.08. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 15.68. The Retail - Cyclical industry median PB Ratio is 1.49. Go Fashion (India)'s value of 2.46 is 65.1% above this industry median. Based on the distribution chart, Go Fashion (India) ranks #728 out of 1081 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Go Fashion (India) has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Go Fashion (India)'s PB Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Go Fashion (India) ranks #728 out of 1081 companies for PB Ratio. This places Go Fashion (India) in the lower half of its industry. The industry median PB Ratio is 1.49. Go Fashion (India)'s value of 2.46 is 65.1% above this benchmark. Historically, Go Fashion (India)'s own PB Ratio has ranged from 2.04 to 15.68 over the past decade. While the company's 10-year median is 10.08 vs. the industry median of 1.49, Go Fashion (India) 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.49, based on 1,081 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. Go Fashion (India)'s current PB Ratio of 2.46 is 65.1% 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 Go Fashion (India) and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Go Fashion (India)'s current PB Ratio is 2.46, which is 76% below median its own 10-year median of 10.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Go Fashion (India) stock overvalued right now?
Based on GuruFocus' analysis, Go Fashion (India) (NSE:GOCOLORS) is currently considered Possible Value Trap. The stock's GF Value™ is ₹960.75, compared to a current price of ₹323.00 — trading 66.4% below its estimated fair value. The current PB Ratio is 2.46, which is 76% below median its 10-year median of 10.08 and 65.1% above the Retail - Cyclical industry median of 1.49. Go Fashion (India)'s overall GF Score™ is 76/100 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 Go Fashion (India) (NSE:GOCOLORS), the current PB Ratio is 2.46 as of Aug. 12, 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 Go Fashion (India) (NSE:GOCOLORS) Overvalued in 2026?

Based on GuruFocus' analysis, Go Fashion (India) stock appears to be undervalued. The current stock price of ₹323.00 is trading 66.4% below its estimated GF Value™ of ₹960.75. GuruFocus considers Go Fashion (India) to be Possible Value Trap.

Key valuation signals for NSE:GOCOLORS:

  • PB Ratio: 2.46 (76% below median its 10-year median of 10.08)
  • GF Value™: ₹960.75 vs. price of ₹323.00 (66.4% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 65.1% above the Retail - Cyclical median (#728 of 1081)

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


Go Fashion (India) Business Description

Other Exchanges 543401:India
Address Nungambakkam High Road, No. 4, 5th Floor, Sathak Center, Chennai, TN, IND, 600034
Go Fashion (India) Ltd is engaged in the business of retail trade of apparel for women through retail and departmental store facilities. The products offered by the company include churidars, leggings, palazzos, culottes, pants, trousers, and jeggings among others which are sold across multiple categories such as ethnic wear, western wear, fusion wear, activewear, and denim.
76GF Score

Get the complete analysis for NSE:GOCOLORS

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

₹323.00
Price
₹960.75
GF Value