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Kanani IndustriesNSE:KANANIIND +0.66%68 PB Ratio is 0.44 as of Sep. 09, 2026, which is 51% below its 10-year median of 0.90. GuruFocus rates NSE:KANANIIND with a GF Score™ of 68/100 and a GF Value™ of ₹1.93 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,068 Retail - Cyclical companies, Kanani Industries ranks better than 89.89% on this metric.
The historical rank and industry rank for Kanani Industries's PB Ratio or its related term are showing as below:
NSE:KANANIIND'
s PB Ratio Range Over the Past 10 Years
Min: 0.35 Med: 0.9 Max: 6.97
Current: 0.44
During the past 13 years, Kanani Industries's highest PB Ratio was 6.97. The lowest was 0.35. And the median was 0.90.
NSE:KANANIIND's PB Ratio is ranked better than 89.89% of 1068
companies
in the Retail - Cyclical industry
Industry Median: 1.51
vs NSE:KANANIIND: 0.44
During the past 12 months, Kanani Industries's average Book Value Per Share Growth Rate was 7.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kanani Industries was 120.70% per year. The lowest was 2.60% per year. And the median was 3.90% 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.
Kanani Industries PB Ratio Related Terms
Kanani Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Kanani 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 Luxury Goods subindustry, Kanani 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.
Kanani Industries PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Kanani Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kanani 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.
Kanani Industries (NSE:KANANIIND) has a PB Ratio of 0.44 as of Sep. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kanani Industries and its competitors. This is 51% below median its historical median of 0.90. Over the past decade, Kanani Industries' PB Ratio has ranged from 0.35 to 6.97. According to the industry distribution chart, Kanani Industries ranks #108 out of 1068 companies in the Retail - Cyclical industry, placing it in the top 10.1%.
Is Kanani Industries' PB Ratio too high?
Kanani Industries' current PB Ratio of 0.44 is 51% below median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 6.97. The Retail - Cyclical industry median PB Ratio is 1.51. Kanani Industries' value of 0.44 is 70.9% below this industry median. Based on the distribution chart, Kanani Industries ranks #108 out of 1068 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Kanani Industries has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kanani Industries' PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Kanani Industries ranks #108 out of 1068 companies for PB Ratio. This places Kanani Industries in the top 10% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.51. Kanani Industries' value of 0.44 is 70.9% below this benchmark. Historically, Kanani Industries' own PB Ratio has ranged from 0.35 to 6.97 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 1.51, Kanani Industries 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.51, based on 1,068 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. Kanani Industries's current PB Ratio of 0.44 is 70.9% 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 Kanani Industries and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanani Industries's current PB Ratio is 0.44, which is 51% below median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanani Industries stock overvalued right now?
Based on GuruFocus' analysis, Kanani Industries (NSE:KANANIIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1.93, compared to a current price of ₹1.53 — trading 20.7% below its estimated fair value. The current PB Ratio is 0.44, which is 51% below median its 10-year median of 0.90 and 70.9% below the Retail - Cyclical industry median of 1.51. Kanani Industries' overall GF Score™ is 68/100 with 7 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 Kanani Industries (NSE:KANANIIND), the current PB Ratio is 0.44 as of Sep. 09, 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 Kanani Industries (NSE:KANANIIND) Overvalued in 2026?
Based on GuruFocus' analysis, Kanani Industries stock appears to be undervalued.
The current stock price of ₹1.53 is trading 20.7% below its estimated GF Value™ of ₹1.93.
GuruFocus considers Kanani Industries to be Modestly Undervalued.
Key valuation signals for NSE:KANANIIND:
PB Ratio: 0.44 (51% below median its 10-year median of 0.90)
GF Value™: ₹1.93 vs. price of ₹1.53 (20.7% below fair value)
Industry Position: 70.9% below the Retail - Cyclical median (#108 of 1068)
No single metric tells the full story. See the NSE:KANANIIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kanani Industries Ltd is engaged in the manufacture and export of diamond-studded jewelry. The company operates a manufacturing plant in Surat, Gujarat, and supplies products to domestic and international markets. Kanani Industries focuses on creating high-quality, intricately crafted jewelry pieces and has a subsidiary, KIL International Ltd, to support its operations. The company aims to maintain an integrated value chain from manufacturing to retail, emphasizing craftsmanship and customer satisfaction. Revenue is generated through sales of diamond-studded jewelry products.
68GF Score
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