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NSE:KAVDEFENCE's PB Ratio is ranked worse than 65.05% of 2418
companies
in the Hardware industry
Industry Median: 2.165
vs NSE:KAVDEFENCE: 3.15
During the past 12 months, Kavveri Defence & Wireless Technologies's average Book Value Per Share Growth Rate was -56.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -10.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 22.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kavveri Defence & Wireless Technologies was 91.50% per year. The lowest was -40.80% per year. And the median was -1.10% per year.
Back to Basics: PB Ratio
Kavveri Defence & Wireless Technologies (NSE:KAVDEFENCE) 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.
Kavveri Defence & Wireless Technologies PB Ratio Related Terms
Kavveri Defence & Wireless Technologies PB Ratio Historical Data
* 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.
Kavveri Defence & Wireless Technologies PB Ratio Chart
Kavveri Defence & Wireless Technologies Annual Data
NSE:KAVDEFENCE vs CSCO, CIEN, MSI: PB Ratio Comparison
For the Communication Equipment subindustry, Kavveri Defence & Wireless Technologies'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.
Kavveri Defence & Wireless Technologies PB Ratio vs Hardware Industry
Kavveri Defence & Wireless Technologies 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.
* 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.
Kavveri Defence & Wireless Technologies (NSE:KAVDEFENCE) has a PB Ratio of 3.15 as of Jul. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kavveri Defence & Wireless Technologies and its competitors. This is 363% above median its historical median of 0.68. Over the past decade, Kavveri Defence & Wireless Technologies' PB Ratio has ranged from 0.08 to 5.39. According to the industry distribution chart, Kavveri Defence & Wireless Technologies ranks #1573 out of 2418 companies in the Hardware industry, placing it in the top 65.1%.
Is Kavveri Defence & Wireless Technologies' PB Ratio too high?
Kavveri Defence & Wireless Technologies' current PB Ratio of 3.15 is 363% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 5.39. The Hardware industry median PB Ratio is 2.17. Kavveri Defence & Wireless Technologies' value of 3.15 is 45.5% above this industry median. Based on the distribution chart, Kavveri Defence & Wireless Technologies ranks #1573 out of 2418 companies in the Hardware industry, which is below the industry midpoint. Overall, Kavveri Defence & Wireless Technologies has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kavveri Defence & Wireless Technologies' PB Ratio compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Kavveri Defence & Wireless Technologies ranks #1573 out of 2418 companies for PB Ratio. This places Kavveri Defence & Wireless Technologies in the lower half of its industry. The industry median PB Ratio is 2.17. Kavveri Defence & Wireless Technologies' value of 3.15 is 45.5% above this benchmark. Historically, Kavveri Defence & Wireless Technologies' own PB Ratio has ranged from 0.08 to 5.39 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 2.17, Kavveri Defence & Wireless Technologies 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 Hardware company?
The median PB Ratio among Hardware companies is 2.17, based on 2,418 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. Kavveri Defence & Wireless Technologies's current PB Ratio of 3.15 is 45.5% 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 Kavveri Defence & Wireless Technologies and its competitors. For the Hardware industry, the median PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kavveri Defence & Wireless Technologies's current PB Ratio is 3.15, which is 363% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kavveri Defence & Wireless Technologies stock overvalued right now?
Based on GuruFocus' analysis, Kavveri Defence & Wireless Technologies (NSE:KAVDEFENCE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹16.86, compared to a current price of ₹58.58 — trading 247.4% above its estimated fair value. The current PB Ratio is 3.15, which is 363% above median its 10-year median of 0.68 and 45.5% above the Hardware industry median of 2.17. Kavveri Defence & Wireless Technologies' overall GF Score™ is 51/100 with 4 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 Kavveri Defence & Wireless Technologies (NSE:KAVDEFENCE), the current PB Ratio is 3.15 as of Jul. 21, 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 Kavveri Defence & Wireless Technologies (NSE:KAVDEFENCE) Overvalued in 2026?
Based on GuruFocus' analysis, Kavveri Defence & Wireless Technologies stock appears to be overvalued.
The current stock price of ₹58.58 is trading 247.4% above its estimated GF Value™ of ₹16.86.
GuruFocus considers Kavveri Defence & Wireless Technologies to be Significantly Overvalued.
Key valuation signals for NSE:KAVDEFENCE:
PB Ratio: 3.15 (363% above median its 10-year median of 0.68)
GF Value™: ₹16.86 vs. price of ₹58.58 (247.4% above fair value)
Industry Position: 45.5% above the Hardware median (#1573 of 2418)
No single metric tells the full story. See the NSE:KAVDEFENCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kavveri Defence & Wireless Technologies Business Description
Kavveri Defence & Wireless Technologies Ltd formerly Kavveri Telecom Products Ltd is engaged in the manufacture of telecom subsystems hardware equipment and solutions for the Telecom, Defence, and Space segments. It designs, develops, tests, and manufactures a range of wireless telecom products, from concept to deployment. also provides total turnkey solutions for coverage and capacity enhancement requirements for GSM 3G and CDMA carriers in India. The product portfolio includes Antennas, RF Components, Cables and Connectors, Repeaters, TMA/TMB and energy-conserving solar products.
51GF Score
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