Madras FertilizersNSE:MADRASFERT +0.91%70 PB Ratio is 11.87 as of Jul. 12, 2026, which is 5% below its 10-year median of 12.47. GuruFocus rates NSE:MADRASFERT with a GF Score™ of 70/100 and a GF Value™ of ₹259.65 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 246 Agriculture companies, Madras Fertilizers ranks worse than 96.75% on this metric.
The historical rank and industry rank for Madras Fertilizers's PB Ratio or its related term are showing as below:
NSE:MADRASFERT'
s PB Ratio Range Over the Past 10 Years
Min: 10.28 Med: 12.47 Max: 56.3
Current: 11.87
During the past 13 years, Madras Fertilizers's highest PB Ratio was 56.30. The lowest was 10.28. And the median was 12.47.
NSE:MADRASFERT's PB Ratio is ranked worse than 96.75% of 246
companies
in the Agriculture industry
Industry Median: 1.5
vs NSE:MADRASFERT: 11.87
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Madras Fertilizers was 60.00% per year. The lowest was -27.80% per year. And the median was 0.55% per year.
Back to Basics: PB Ratio
Madras Fertilizers (NSE:MADRASFERT) 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.
Madras Fertilizers PB Ratio Related Terms
Madras Fertilizers PB Ratio Historical Data
* Premium members only.
The historical data trend for Madras Fertilizers'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.
NSE:MADRASFERT vs CTVA, CF, MOS: PB Ratio Comparison
For the Agricultural Inputs subindustry, Madras Fertilizers'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.
Madras Fertilizers PB Ratio vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Madras Fertilizers's PB Ratio distribution charts can be found below:
* The bar in red indicates where Madras Fertilizers'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.
Madras Fertilizers (NSE:MADRASFERT) has a PB Ratio of 11.87 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Madras Fertilizers and its competitors. This is near median its historical median of 12.47. Over the past decade, Madras Fertilizers' PB Ratio has ranged from 10.28 to 56.30. According to the industry distribution chart, Madras Fertilizers ranks #238 out of 246 companies in the Agriculture industry, placing it in the top 96.7%.
Is Madras Fertilizers' PB Ratio too high?
Madras Fertilizers' current PB Ratio of 11.87 is near median its 10-year median of 12.47. Over the past 10 years, this metric has ranged from a low of 10.28 to a high of 56.30. The Agriculture industry median PB Ratio is 1.50. Madras Fertilizers' value of 11.87 is 691.3% above this industry median. Based on the distribution chart, Madras Fertilizers ranks #238 out of 246 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Madras Fertilizers has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Madras Fertilizers' PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Madras Fertilizers ranks #238 out of 246 companies for PB Ratio. This places Madras Fertilizers in the lower half of its industry. The industry median PB Ratio is 1.50. Madras Fertilizers' value of 11.87 is 691.3% above this benchmark. Historically, Madras Fertilizers' own PB Ratio has ranged from 10.28 to 56.30 over the past decade. While the company's 10-year median is 12.47 vs. the industry median of 1.50, Madras Fertilizers 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 an Agriculture company?
The median PB Ratio among Agriculture companies is 1.50, based on 246 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. Madras Fertilizers's current PB Ratio of 11.87 is 691.3% 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 Madras Fertilizers and its competitors. For the Agriculture industry, the median PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madras Fertilizers's current PB Ratio is 11.87, which is near median its own 10-year median of 12.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madras Fertilizers stock overvalued right now?
Based on GuruFocus' analysis, Madras Fertilizers (NSE:MADRASFERT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹259.65, compared to a current price of ₹67.94 — trading 73.8% below its estimated fair value. The current PB Ratio is 11.87, which is near median its 10-year median of 12.47 and 691.3% above the Agriculture industry median of 1.50. Madras Fertilizers' overall GF Score™ is 70/100 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 Madras Fertilizers (NSE:MADRASFERT), the current PB Ratio is 11.87 as of Jul. 12, 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 Madras Fertilizers (NSE:MADRASFERT) Overvalued in 2026?
Based on GuruFocus' analysis, Madras Fertilizers stock appears to be undervalued.
The current stock price of ₹67.94 is trading 73.8% below its estimated GF Value™ of ₹259.65.
GuruFocus considers Madras Fertilizers to be Possible Value Trap.
Key valuation signals for NSE:MADRASFERT:
PB Ratio: 11.87 (near median its 10-year median of 12.47)
GF Value™: ₹259.65 vs. price of ₹67.94 (73.8% below fair value)
Industry Position: 691.3% above the Agriculture median (#238 of 246)
No single metric tells the full story. See the NSE:MADRASFERT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Madras Fertilizers Ltd is engaged in the manufacture of ammonia, urea, and complex fertilizers. It is also engaged in manufacturing bio-fertilizers and marketing fertilizers and agrochemicals under the brand name Vijay. The company operates through the manufacture and sale of fertilizers segment. It also provides biofertilizers, including Azospirillum for paddy, plantation crops, and other crops; Rhizobium for groundnuts and pulses; and Phosphor Bacteria and NP Bio for various crops.
70GF Score
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