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The historical rank and industry rank for Kaynes Technology India's PB Ratio or its related term are showing as below:
NSE:KAYNES'
s PB Ratio Range Over the Past 10 Years
Min: 4.34 Med: 9.29 Max: 17.99
Current: 5.36
During the past 7 years, Kaynes Technology India's highest PB Ratio was 17.99. The lowest was 4.34. And the median was 9.29.
NSE:KAYNES's PB Ratio is ranked worse than 80.77% of 2418
companies
in the Hardware industry
Industry Median: 2.11
vs NSE:KAYNES: 5.36
During the past 12 months, Kaynes Technology India's average Book Value Per Share Growth Rate was 59.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 62.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 106.90% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Kaynes Technology India was 153.60% per year. The lowest was 62.50% per year. And the median was 122.00% 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.
* 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 Electronic Components subindustry, Kaynes Technology India'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.
Kaynes Technology India PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Kaynes Technology India's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kaynes Technology India'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.
Kaynes Technology India (NSE:KAYNES) has a PB Ratio of 5.37 as of Aug. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kaynes Technology India and its competitors. This is 42% below median its historical median of 9.29. Over the past decade, Kaynes Technology India's PB Ratio has ranged from 4.34 to 17.99. According to the industry distribution chart, Kaynes Technology India ranks #1953 out of 2418 companies in the Hardware industry, placing it in the top 80.8%.
Is Kaynes Technology India's PB Ratio too high?
Kaynes Technology India's current PB Ratio of 5.37 is 42% below median its 10-year median of 9.29. Over the past 10 years, this metric has ranged from a low of 4.34 to a high of 17.99. The Hardware industry median PB Ratio is 2.11. Kaynes Technology India's value of 5.37 is 154.5% above this industry median. Based on the distribution chart, Kaynes Technology India ranks #1953 out of 2418 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Kaynes Technology India has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaynes Technology India's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Kaynes Technology India ranks #1953 out of 2418 companies for PB Ratio. This places Kaynes Technology India in the lower half of its industry. The industry median PB Ratio is 2.11. Kaynes Technology India's value of 5.37 is 154.5% above this benchmark. Historically, Kaynes Technology India's own PB Ratio has ranged from 4.34 to 17.99 over the past decade. While the company's 10-year median is 9.29 vs. the industry median of 2.11, Kaynes Technology India 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 2.11, 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. Kaynes Technology India's current PB Ratio of 5.37 is 154.5% 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 Kaynes Technology India and its competitors. For the Hardware industry, the median PB Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaynes Technology India's current PB Ratio is 5.37, which is 42% below median its own 10-year median of 9.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaynes Technology India stock overvalued right now?
Based on GuruFocus' analysis, Kaynes Technology India (NSE:KAYNES) is currently considered Possible Value Trap. The stock's GF Value™ is ₹6,942.25, compared to a current price of ₹3,804.60 — trading 45.2% below its estimated fair value. The current PB Ratio is 5.37, which is 42% below median its 10-year median of 9.29 and 154.5% above the Hardware industry median of 2.11. Kaynes Technology India's overall GF Score™ is 81/100 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 Kaynes Technology India (NSE:KAYNES), the current PB Ratio is 5.37 as of Aug. 01, 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 Kaynes Technology India (NSE:KAYNES) Overvalued in 2026?
Based on GuruFocus' analysis, Kaynes Technology India stock appears to be undervalued.
The current stock price of ₹3,804.60 is trading 45.2% below its estimated GF Value™ of ₹6,942.25.
GuruFocus considers Kaynes Technology India to be Possible Value Trap.
Key valuation signals for NSE:KAYNES:
PB Ratio: 5.37 (42% below median its 10-year median of 9.29)
GF Value™: ₹6,942.25 vs. price of ₹3,804.60 (45.2% below fair value)
Industry Position: 154.5% above the Hardware median (#1953 of 2418)
No single metric tells the full story. See the NSE:KAYNES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaynes Technology India Ltd is an end-to-end and IoT solutions-enabled integrated electronics manufacturing company. The company provides conceptual design, process engineering, integrated manufacturing, and life-cycle support for players in the automotive, industrial, aerospace and defense, outer-space, nuclear, medical, railways, Internet of Things, Information Technology and other segments. The Company operates predominantly in one business segment which is Electronics Manufacturing Services.
81GF Score
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