Indian Metals & Ferro Alloys (NSE:IMFA) PB Ratio: 2.70 (As of Jul. 18, 2026) — 135% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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:IMFA Indian Metals & Ferro Alloys Ltd NSE:IMFA
65 GF Score
Price ₹1,361.30
GF Value ₹850.28
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Indian Metals & Ferro Alloys PB Ratio?

Indian Metals & Ferro Alloys NSE:IMFA -0.04% 65 PB Ratio is 2.70 as of Jul. 18, 2026, which is 135% above its 10-year median of 1.15. GuruFocus rates NSE:IMFA with a GF Score™ of 65/100 and a GF Value™ of ₹850.28 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,359 Metals & Mining companies, Indian Metals & Ferro Alloys ranks worse than 59.14% 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 (2026-07-18), Indian Metals & Ferro Alloys's share price is ₹1361.30. Indian Metals & Ferro Alloys's Book Value per Share for the quarter that ended in Mar. 2026 was ₹503.67. Hence, Indian Metals & Ferro Alloys's PB Ratio of today is 2.70.

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

NSE:IMFA' s PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.15   Max: 3.11
Current: 2.7

During the past 13 years, Indian Metals & Ferro Alloys's highest PB Ratio was 3.11. The lowest was 0.28. And the median was 1.15.

NSE:IMFA's PB Ratio is ranked worse than
59.14% of 2359 companies
in the Metals & Mining industry
Industry Median: 2.14 vs NSE:IMFA: 2.70

During the past 12 months, Indian Metals & Ferro Alloys's average Book Value Per Share Growth Rate was 15.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 13.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Indian Metals & Ferro Alloys was 56.60% per year. The lowest was -0.70% per year. And the median was 10.80% per year.

Back to Basics: PB Ratio


Indian Metals & Ferro Alloys  (NSE:IMFA) 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 Metals & Ferro Alloys PB Ratio Related Terms


Indian Metals & Ferro Alloys PB Ratio Historical Data

* Premium members only.

The historical data trend for Indian Metals & Ferro Alloys'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 Metals & Ferro Alloys PB Ratio Chart

Indian Metals & Ferro Alloys Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 0.82 1.64 1.40 2.39

Indian Metals & Ferro Alloys Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.40 0.00 2.38 0.00 2.39

Indian Metals & Ferro Alloys PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Indian Metals & Ferro Alloys'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 Metals & Ferro Alloys PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Indian Metals & Ferro Alloys's PB Ratio distribution charts can be found below:

* The bar in red indicates where Indian Metals & Ferro Alloys's PB Ratio falls into.


NSE:IMFA
65GF Score
Indian Metals & Ferro Alloys Ltd NSE:IMFA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indian Metals & Ferro Alloys 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 Metals & Ferro Alloys's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1361.30/503.673
=2.70

* 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 2.70 mean?
Indian Metals & Ferro Alloys (NSE:IMFA) has a PB Ratio of 2.70 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Indian Metals & Ferro Alloys and its competitors. This is 135% above median its historical median of 1.15. Over the past decade, Indian Metals & Ferro Alloys' PB Ratio has ranged from 0.28 to 3.11. According to the industry distribution chart, Indian Metals & Ferro Alloys ranks #1395 out of 2359 companies in the Metals & Mining industry, placing it in the top 59.1%.
Is Indian Metals & Ferro Alloys' PB Ratio too high?
Indian Metals & Ferro Alloys' current PB Ratio of 2.70 is 135% above median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 3.11. The Metals & Mining industry median PB Ratio is 2.14. Indian Metals & Ferro Alloys' value of 2.70 is 26.2% above this industry median. Based on the distribution chart, Indian Metals & Ferro Alloys ranks #1395 out of 2359 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Indian Metals & Ferro Alloys has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indian Metals & Ferro Alloys' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Indian Metals & Ferro Alloys ranks #1395 out of 2359 companies for PB Ratio. This places Indian Metals & Ferro Alloys in the lower half of its industry. The industry median PB Ratio is 2.14. Indian Metals & Ferro Alloys' value of 2.70 is 26.2% above this benchmark. Historically, Indian Metals & Ferro Alloys' own PB Ratio has ranged from 0.28 to 3.11 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 2.14, Indian Metals & Ferro Alloys 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 Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.14, based on 2,359 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 Metals & Ferro Alloys's current PB Ratio of 2.70 is 26.2% 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 Indian Metals & Ferro Alloys and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Metals & Ferro Alloys's current PB Ratio is 2.70, which is 135% above median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Metals & Ferro Alloys stock overvalued right now?
Based on GuruFocus' analysis, Indian Metals & Ferro Alloys (NSE:IMFA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹850.28, compared to a current price of ₹1,361.30 — trading 60.1% above its estimated fair value. The current PB Ratio is 2.70, which is 135% above median its 10-year median of 1.15 and 26.2% above the Metals & Mining industry median of 2.14. Indian Metals & Ferro Alloys' overall GF Score™ is 65/100 with 2 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 Metals & Ferro Alloys (NSE:IMFA), the current PB Ratio is 2.70 as of Jul. 18, 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 Indian Metals & Ferro Alloys (NSE:IMFA) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Metals & Ferro Alloys stock appears to be overvalued. The current stock price of ₹1,361.30 is trading 60.1% above its estimated GF Value™ of ₹850.28. GuruFocus considers Indian Metals & Ferro Alloys to be Significantly Overvalued.

Key valuation signals for NSE:IMFA:

  • PB Ratio: 2.70 (135% above median its 10-year median of 1.15)
  • GF Value™: ₹850.28 vs. price of ₹1,361.30 (60.1% above fair value)
  • GF Score™: 65/100 with 2 warning signs
  • Industry Position: 26.2% above the Metals & Mining median (#1395 of 2359)

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


Indian Metals & Ferro Alloys Business Description

Other Exchanges 533047:India
Address Bomikhal, IMFA Building, P.O. Rasulgarh, Bhubaneswar, OR, IND, 751010
Indian Metals & Ferro Alloys Ltd is a producer of value-added ferrochrome in India, with operations spanning the entire value chain from captive chromite mining and power generation to smelting and exports of ferrochrome. The group's reportable segments are Ferro Alloys, Power, Mining, and All Other segments. The majority of its revenue is generated from the Ferro Alloys segment, which produces value-added ferrochrome, which has extensive applications in the manufacture of specialty alloys and stainless steels. Geographically, the majority of the group's revenue is generated through the exports of its products to its customers outside India in countries such as South Korea, China, Taiwan, Japan, and others.
65GF Score

Get the complete analysis for NSE:IMFA

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

₹1,361.30
Price
₹850.28
GF Value