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Greenlam IndustriesNSE:GREENLAM +0.20%93 PB Ratio is 5.92 as of Aug. 08, 2026, which is 8% above its 10-year median of 5.49. GuruFocus rates NSE:GREENLAM with a GF Score™ of 93/100 and a GF Value™ of ₹353.83 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 422 Furnishings, Fixtures & Appliances companies, Greenlam Industries ranks worse than 91.94% on this metric.
The historical rank and industry rank for Greenlam Industries's PB Ratio or its related term are showing as below:
NSE:GREENLAM'
s PB Ratio Range Over the Past 10 Years
Min: 2.36 Med: 5.49 Max: 10.07
Current: 5.9
During the past 13 years, Greenlam Industries's highest PB Ratio was 10.07. The lowest was 2.36. And the median was 5.49.
NSE:GREENLAM's PB Ratio is ranked worse than 91.94% of 422
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.34
vs NSE:GREENLAM: 5.90
During the past 12 months, Greenlam Industries's average Book Value Per Share Growth Rate was 4.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 17.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Greenlam Industries was 1734.70% per year. The lowest was 7.00% per year. And the median was 18.30% 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.
Greenlam Industries PB Ratio Related Terms
Greenlam Industries PB Ratio Historical Data
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The historical data trend for Greenlam Industries'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 Furnishings, Fixtures & Appliances subindustry, Greenlam 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.
Greenlam Industries PB Ratio vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Greenlam Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Greenlam 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.
Greenlam Industries (NSE:GREENLAM) has a PB Ratio of 5.92 as of Aug. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Greenlam Industries and its competitors. This is near median its historical median of 5.49. Over the past decade, Greenlam Industries' PB Ratio has ranged from 2.36 to 10.07. According to the industry distribution chart, Greenlam Industries ranks #388 out of 422 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 91.9%.
Is Greenlam Industries' PB Ratio too high?
Greenlam Industries' current PB Ratio of 5.92 is near median its 10-year median of 5.49. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 10.07. The Furnishings, Fixtures & Appliances industry median PB Ratio is 1.34. Greenlam Industries' value of 5.92 is 341.8% above this industry median. Based on the distribution chart, Greenlam Industries ranks #388 out of 422 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Greenlam Industries has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greenlam Industries' PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Greenlam Industries ranks #388 out of 422 companies for PB Ratio. This places Greenlam Industries in the lower half of its industry. The industry median PB Ratio is 1.34. Greenlam Industries' value of 5.92 is 341.8% above this benchmark. Historically, Greenlam Industries' own PB Ratio has ranged from 2.36 to 10.07 over the past decade. While the company's 10-year median is 5.49 vs. the industry median of 1.34, Greenlam Industries 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 Furnishings, Fixtures & Appliances company?
The median PB Ratio among Furnishings, Fixtures & Appliances companies is 1.34, based on 422 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. Greenlam Industries's current PB Ratio of 5.92 is 341.8% 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 Greenlam Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median PB Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenlam Industries's current PB Ratio is 5.92, which is near median its own 10-year median of 5.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlam Industries stock overvalued right now?
Based on GuruFocus' analysis, Greenlam Industries (NSE:GREENLAM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹353.83, compared to a current price of ₹273.70 — trading 22.6% below its estimated fair value. The current PB Ratio is 5.92, which is near median its 10-year median of 5.49 and 341.8% above the Furnishings, Fixtures & Appliances industry median of 1.34. Greenlam Industries' overall GF Score™ is 93/100 with 6 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 Greenlam Industries (NSE:GREENLAM), the current PB Ratio is 5.92 as of Aug. 08, 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 Greenlam Industries (NSE:GREENLAM) Overvalued in 2026?
Based on GuruFocus' analysis, Greenlam Industries stock appears to be undervalued.
The current stock price of ₹273.70 is trading 22.6% below its estimated GF Value™ of ₹353.83.
GuruFocus considers Greenlam Industries to be Modestly Undervalued.
Key valuation signals for NSE:GREENLAM:
PB Ratio: 5.92 (near median its 10-year median of 5.49)
GF Value™: ₹353.83 vs. price of ₹273.70 (22.6% below fair value)
Industry Position: 341.8% above the Furnishings, Fixtures & Appliances median (#388 of 422)
No single metric tells the full story. See the NSE:GREENLAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greenlam Industries Ltd d in the business of manufacturing laminates, decorative veneers, engineered wooden Flooring and Doors, and Plywood and allied products through its factories. The firm offers its products under the Greenlam Laminates, Greenlam Clads, NewMika Laminates, NewMika FX, Mikasa Decowood Veneers, and Other brand names. The operating segments of the company are Laminate and Allied products, Veneer and Allied products, and Plywood and Allied products. It generates the majority of its revenue from the Laminate and Allied products segment, which is engaged in the business of manufacturing Laminates and compact laminates. Geographically, the group has a business presence in India and Outside India, of which a majority of its revenue is derived from India.
93GF Score
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