Indian Emulsifiers (NSE:IEML) PB Ratio: 0.41 (As of Aug. 04, 2026) — 81% Below Median

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NSE:IEML Indian Emulsifiers Ltd NSE:IEML
17 GF Score
Price ₹42.80
! 6 Warning Signs
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What is Indian Emulsifiers PB Ratio?

Indian Emulsifiers NSE:IEML +2.39% 17 PB Ratio is 0.41 as of Aug. 04, 2026, which is 81% below its 10-year median of 2.13. GuruFocus rates NSE:IEML with a GF Score™ of 17/100. The stock has 6 warning signs investors should review. Among 1,577 Chemicals companies, Indian Emulsifiers ranks better than 93.66% 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 (2026-08-04), Indian Emulsifiers's share price is ₹42.80. Indian Emulsifiers's Book Value per Share for the quarter that ended in Mar. 2026 was ₹104.77. Hence, Indian Emulsifiers's PB Ratio of today is 0.41.

The historical rank and industry rank for Indian Emulsifiers's PB Ratio or its related term are showing as below:

NSE:IEML' s PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 2.13   Max: 18.87
Current: 0.41

During the past 6 years, Indian Emulsifiers's highest PB Ratio was 18.87. The lowest was 0.36. And the median was 2.13.

NSE:IEML's PB Ratio is ranked better than
93.66% of 1577 companies
in the Chemicals industry
Industry Median: 1.68 vs NSE:IEML: 0.41

During the past 12 months, Indian Emulsifiers's average Book Value Per Share Growth Rate was 79.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 130.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 434.30% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Indian Emulsifiers was 1617.40% per year. The lowest was 115.90% per year. And the median was 130.30% per year.

Back to Basics: PB Ratio


Indian Emulsifiers  (NSE:IEML) 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.


Indian Emulsifiers PB Ratio Related Terms


Indian Emulsifiers PB Ratio Historical Data

* Premium members only.

The historical data trend for Indian Emulsifiers'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.

Indian Emulsifiers PB Ratio Chart

Indian Emulsifiers Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 0.00 0.00 0.00 1.79 0.58

Indian Emulsifiers Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only 0.00 4.51 1.79 1.86 0.58

NSE:IEML vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, Indian Emulsifiers'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.


Indian Emulsifiers PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indian Emulsifiers's PB Ratio distribution charts can be found below:

* The bar in red indicates where Indian Emulsifiers's PB Ratio falls into.


NSE:IEML
17GF Score
Indian Emulsifiers Ltd NSE:IEML
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Indian Emulsifiers 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.

Indian Emulsifiers's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=42.80/104.766
=0.41

* 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 0.41 mean?
Indian Emulsifiers (NSE:IEML) has a PB Ratio of 0.41 as of Aug. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Indian Emulsifiers and its competitors. This is 81% below median its historical median of 2.13. Over the past decade, Indian Emulsifiers' PB Ratio has ranged from 0.36 to 18.87. According to the industry distribution chart, Indian Emulsifiers ranks #100 out of 1577 companies in the Chemicals industry, placing it in the top 6.3%.
Is Indian Emulsifiers' PB Ratio too high?
Indian Emulsifiers' current PB Ratio of 0.41 is 81% below median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 18.87. The Chemicals industry median PB Ratio is 1.68. Indian Emulsifiers' value of 0.41 is 75.6% below this industry median. Based on the distribution chart, Indian Emulsifiers ranks #100 out of 1577 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Emulsifiers has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Indian Emulsifiers' PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Indian Emulsifiers ranks #100 out of 1577 companies for PB Ratio. This places Indian Emulsifiers in the top 6% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.68. Indian Emulsifiers' value of 0.41 is 75.6% below this benchmark. Historically, Indian Emulsifiers' own PB Ratio has ranged from 0.36 to 18.87 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 1.68, Indian Emulsifiers 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.68, based on 1,577 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. Indian Emulsifiers's current PB Ratio of 0.41 is 75.6% 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 Indian Emulsifiers and its competitors. For the Chemicals industry, the median PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Emulsifiers's current PB Ratio is 0.41, which is 81% below median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Emulsifiers stock overvalued right now?
Indian Emulsifiers (NSE:IEML) has a current PB Ratio of 0.41. The current PB Ratio is 0.41, which is 81% below median its 10-year median of 2.13 and 75.6% below the Chemicals industry median of 1.68. Indian Emulsifiers' overall GF Score™ is 17/100 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 Indian Emulsifiers (NSE:IEML), the current PB Ratio is 0.41 as of Aug. 04, 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.

Indian Emulsifiers Business Description

Address Shivram Seth Amrutwar Road, Off Pandurang Budhwar Marg, Shop 206, Foor-2, Sumer Kendra, Near Doordarshan Kendra, Worli, Mumbai, MH, IND, 400018
Indian Emulsifiers Ltd is engaged in Manufacturing and Supplying of Specialty Chemicals. Its product include Esters, Amphoterics, Phosphate Esters, Imidazolines, Wax Emulsions, SMO & PIBSA Emulsifiers. The company serves specialty chemicals to wide range of industries such as Mining, Textile, Cleaning Industry, Metal Working, Lubricants, Food and Other Industries.
17GF Score

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