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Kalyani ForgeNSE:KALYANIFRG -1.69%66 PB Ratio is 2.59 as of Aug. 25, 2026, which is 149% above its 10-year median of 1.04. GuruFocus rates NSE:KALYANIFRG with a GF Score™ of 66/100 and a GF Value™ of ₹587.22 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,296 Vehicles & Parts companies, Kalyani Forge ranks worse than 72.53% 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 (2026-08-25), Kalyani Forge's share price is ₹679.80. Kalyani Forge's Book Value per Share for the quarter that ended in Jun. 2026 was ₹262.63. Hence, Kalyani Forge's PB Ratio of today is 2.59.
The historical rank and industry rank for Kalyani Forge's PB Ratio or its related term are showing as below:
NSE:KALYANIFRG'
s PB Ratio Range Over the Past 10 Years
Min: 0.31 Med: 1.04 Max: 3.29
Current: 2.59
During the past 13 years, Kalyani Forge's highest PB Ratio was 3.29. The lowest was 0.31. And the median was 1.04.
NSE:KALYANIFRG's PB Ratio is ranked worse than 72.53% of 1296
companies
in the Vehicles & Parts industry
Industry Median: 1.41
vs NSE:KALYANIFRG: 2.59
During the past 12 months, Kalyani Forge's average Book Value Per Share Growth Rate was 6.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -2.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kalyani Forge was 134.50% per year. The lowest was -8.70% per year. And the median was 0.00% 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.
Kalyani Forge PB Ratio Related Terms
Kalyani Forge PB Ratio Historical Data
* Premium members only.
The historical data trend for Kalyani Forge'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 Auto Parts subindustry, Kalyani Forge'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.
Kalyani Forge PB Ratio vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Kalyani Forge's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kalyani Forge'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.
Kalyani Forge's PB Ratio for today is calculated as follows:
* 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.
Kalyani Forge (NSE:KALYANIFRG) has a PB Ratio of 2.59 as of Aug. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kalyani Forge and its competitors. This is 149% above median its historical median of 1.04. Over the past decade, Kalyani Forge's PB Ratio has ranged from 0.31 to 3.29. According to the industry distribution chart, Kalyani Forge ranks #940 out of 1296 companies in the Vehicles & Parts industry, placing it in the top 72.5%.
Is Kalyani Forge's PB Ratio too high?
Kalyani Forge's current PB Ratio of 2.59 is 149% above median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 3.29. The Vehicles & Parts industry median PB Ratio is 1.41. Kalyani Forge's value of 2.59 is 83.7% above this industry median. Based on the distribution chart, Kalyani Forge ranks #940 out of 1296 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Kalyani Forge has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kalyani Forge's PB Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Kalyani Forge ranks #940 out of 1296 companies for PB Ratio. This places Kalyani Forge in the lower half of its industry. The industry median PB Ratio is 1.41. Kalyani Forge's value of 2.59 is 83.7% above this benchmark. Historically, Kalyani Forge's own PB Ratio has ranged from 0.31 to 3.29 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 1.41, Kalyani Forge 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 Vehicles & Parts company?
The median PB Ratio among Vehicles & Parts companies is 1.41, based on 1,296 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. Kalyani Forge's current PB Ratio of 2.59 is 83.7% 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 Kalyani Forge and its competitors. For the Vehicles & Parts industry, the median PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kalyani Forge's current PB Ratio is 2.59, which is 149% above median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalyani Forge stock overvalued right now?
Based on GuruFocus' analysis, Kalyani Forge (NSE:KALYANIFRG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹587.22, compared to a current price of ₹679.80 — trading 15.8% above its estimated fair value. The current PB Ratio is 2.59, which is 149% above median its 10-year median of 1.04 and 83.7% above the Vehicles & Parts industry median of 1.41. Kalyani Forge's overall GF Score™ is 66/100 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 Kalyani Forge (NSE:KALYANIFRG), the current PB Ratio is 2.59 as of Aug. 25, 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 Kalyani Forge (NSE:KALYANIFRG) Overvalued in 2026?
Based on GuruFocus' analysis, Kalyani Forge stock appears to be overvalued.
The current stock price of ₹679.80 is trading 15.8% above its estimated GF Value™ of ₹587.22.
GuruFocus considers Kalyani Forge to be Modestly Overvalued.
Key valuation signals for NSE:KALYANIFRG:
PB Ratio: 2.59 (149% above median its 10-year median of 1.04)
GF Value™: ₹587.22 vs. price of ₹679.80 (15.8% above fair value)
Industry Position: 83.7% above the Vehicles & Parts median (#940 of 1296)
No single metric tells the full story. See the NSE:KALYANIFRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kalyani Forge Ltd is an engineering company. The company is engaged in providing forged, machined components and assembled products. It serves industries such as automotive, construction, mining, infrastructure, power, marine, railways, agriculture and other industries. The company's product includes Engine Parts, Chassis System, Turbocharger, Transmission, Driveline, and Steering and Suspension. It services include Hot Forging, Cold and Warm Forging, Precision Machining and Finishing, Heat Treatment, Die Manufacturing, and others.
66GF Score
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