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IFGL RefractoriesNSE:IFGLEXPOR +0.74%80 PB Ratio is 1.29 as of Jul. 22, 2026, which is 9% above its 10-year median of 1.18. GuruFocus rates NSE:IFGLEXPOR with a GF Score™ of 80/100 and a GF Value™ of ₹305.74 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 399 Building Materials companies, IFGL Refractories ranks worse than 55.89% on this metric.
The historical rank and industry rank for IFGL Refractories's PB Ratio or its related term are showing as below:
NSE:IFGLEXPOR'
s PB Ratio Range Over the Past 10 Years
Min: 0.4 Med: 1.18 Max: 3.07
Current: 1.28
During the past 13 years, IFGL Refractories's highest PB Ratio was 3.07. The lowest was 0.40. And the median was 1.18.
NSE:IFGLEXPOR's PB Ratio is ranked worse than 55.89% of 399
companies
in the Building Materials industry
Industry Median: 1.15
vs NSE:IFGLEXPOR: 1.28
During the past 12 months, IFGL Refractories's average Book Value Per Share Growth Rate was 6.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of IFGL Refractories was 27.90% per year. The lowest was 4.20% per year. And the median was 16.30% per year.
Back to Basics: PB Ratio
IFGL Refractories (NSE:IFGLEXPOR) 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.
IFGL Refractories PB Ratio Related Terms
IFGL Refractories PB Ratio Historical Data
* Premium members only.
The historical data trend for IFGL Refractories'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.
NSE:IFGLEXPOR vs CRH, VMC, MLM: PB Ratio Comparison
For the Building Materials subindustry, IFGL Refractories'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.
IFGL Refractories PB Ratio vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, IFGL Refractories's PB Ratio distribution charts can be found below:
* The bar in red indicates where IFGL Refractories'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.
IFGL Refractories (NSE:IFGLEXPOR) has a PB Ratio of 1.29 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on IFGL Refractories and its competitors. This is near median its historical median of 1.18. Over the past decade, IFGL Refractories' PB Ratio has ranged from 0.40 to 3.07. According to the industry distribution chart, IFGL Refractories ranks #223 out of 399 companies in the Building Materials industry, placing it in the top 55.9%.
Is IFGL Refractories' PB Ratio too high?
IFGL Refractories' current PB Ratio of 1.29 is near median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 3.07. The Building Materials industry median PB Ratio is 1.15. IFGL Refractories' value of 1.29 is 12.2% above this industry median. Based on the distribution chart, IFGL Refractories ranks #223 out of 399 companies in the Building Materials industry, which is below the industry midpoint. Overall, IFGL Refractories has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IFGL Refractories' PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, IFGL Refractories ranks #223 out of 399 companies for PB Ratio. This places IFGL Refractories in the lower half of its industry. The industry median PB Ratio is 1.15. IFGL Refractories' value of 1.29 is 12.2% above this benchmark. Historically, IFGL Refractories' own PB Ratio has ranged from 0.40 to 3.07 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.15, IFGL Refractories 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 Building Materials company?
The median PB Ratio among Building Materials companies is 1.15, based on 399 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. IFGL Refractories's current PB Ratio of 1.29 is 12.2% 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 IFGL Refractories and its competitors. For the Building Materials industry, the median PB Ratio is 1.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IFGL Refractories's current PB Ratio is 1.29, which is near median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IFGL Refractories stock overvalued right now?
Based on GuruFocus' analysis, IFGL Refractories (NSE:IFGLEXPOR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹305.74, compared to a current price of ₹209.47 — trading 31.5% below its estimated fair value. The current PB Ratio is 1.29, which is near median its 10-year median of 1.18 and 12.2% above the Building Materials industry median of 1.15. IFGL Refractories' overall GF Score™ is 80/100 with 5 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 IFGL Refractories (NSE:IFGLEXPOR), the current PB Ratio is 1.29 as of Jul. 22, 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 IFGL Refractories (NSE:IFGLEXPOR) Overvalued in 2026?
Based on GuruFocus' analysis, IFGL Refractories stock appears to be undervalued.
The current stock price of ₹209.47 is trading 31.5% below its estimated GF Value™ of ₹305.74.
GuruFocus considers IFGL Refractories to be Significantly Undervalued.
Key valuation signals for NSE:IFGLEXPOR:
PB Ratio: 1.29 (near median its 10-year median of 1.18)
GF Value™: ₹305.74 vs. price of ₹209.47 (31.5% below fair value)
Industry Position: 12.2% above the Building Materials median (#223 of 399)
No single metric tells the full story. See the NSE:IFGLEXPOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IFGL Refractories Ltd is engaged in the manufacturing, trading, and selling of Refractory items and related equipment and accessories used in Steel plants. The Group also provides services to Refractory Goods. The Group operates in one Operating Segment, Specialised Refractories and Ceramics. The Group's production facilities have been segmented into India, Europe (United Kingdom, Germany, and the Czech Republic), Asia excluding India (China), and America (USA). It generates maximum revenue from India. The group provides Solutions for Ferrous and non-ferrous.
80GF Score
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