Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Mahickra ChemicalsNSE:MAHICKRA +1.74%53 PB Ratio is 3.38 as of Aug. 02, 2026, which is 27% above its 10-year median of 2.67. GuruFocus rates NSE:MAHICKRA with a GF Score™ of 53/100 and a GF Value™ of ₹155.14 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,575 Chemicals companies, Mahickra Chemicals ranks worse than 78.41% on this metric.
The historical rank and industry rank for Mahickra Chemicals's PB Ratio or its related term are showing as below:
NSE:MAHICKRA'
s PB Ratio Range Over the Past 10 Years
Min: 1.77 Med: 2.67 Max: 5.35
Current: 3.35
During the past 13 years, Mahickra Chemicals's highest PB Ratio was 5.35. The lowest was 1.77. And the median was 2.67.
NSE:MAHICKRA's PB Ratio is ranked worse than 78.41% of 1575
companies
in the Chemicals industry
Industry Median: 1.62
vs NSE:MAHICKRA: 3.35
During the past 12 months, Mahickra Chemicals's average Book Value Per Share Growth Rate was 85.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 26.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 15.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mahickra Chemicals was 113.30% per year. The lowest was 6.30% per year. And the median was 20.70% 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.
Mahickra Chemicals PB Ratio Related Terms
Mahickra Chemicals PB Ratio Historical Data
* Premium members only.
The historical data trend for Mahickra Chemicals'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:MAHICKRA vs LIN, SHW, ECL: PB Ratio Comparison
For the Specialty Chemicals subindustry, Mahickra Chemicals'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.
Mahickra Chemicals PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Mahickra Chemicals's PB Ratio distribution charts can be found below:
* The bar in red indicates where Mahickra Chemicals'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.
Mahickra Chemicals (NSE:MAHICKRA) has a PB Ratio of 3.38 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Mahickra Chemicals and its competitors. This is 27% above median its historical median of 2.67. Over the past decade, Mahickra Chemicals' PB Ratio has ranged from 1.77 to 5.35. According to the industry distribution chart, Mahickra Chemicals ranks #1235 out of 1575 companies in the Chemicals industry, placing it in the top 78.4%.
Is Mahickra Chemicals' PB Ratio too high?
Mahickra Chemicals' current PB Ratio of 3.38 is 27% above median its 10-year median of 2.67. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 5.35. The Chemicals industry median PB Ratio is 1.62. Mahickra Chemicals' value of 3.38 is 108.6% above this industry median. Based on the distribution chart, Mahickra Chemicals ranks #1235 out of 1575 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Mahickra Chemicals has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mahickra Chemicals' PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mahickra Chemicals ranks #1235 out of 1575 companies for PB Ratio. This places Mahickra Chemicals in the lower half of its industry. The industry median PB Ratio is 1.62. Mahickra Chemicals' value of 3.38 is 108.6% above this benchmark. Historically, Mahickra Chemicals' own PB Ratio has ranged from 1.77 to 5.35 over the past decade. While the company's 10-year median is 2.67 vs. the industry median of 1.62, Mahickra Chemicals 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.62, based on 1,575 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. Mahickra Chemicals's current PB Ratio of 3.38 is 108.6% 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 Mahickra Chemicals and its competitors. For the Chemicals industry, the median PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahickra Chemicals's current PB Ratio is 3.38, which is 27% above median its own 10-year median of 2.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahickra Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Mahickra Chemicals (NSE:MAHICKRA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹155.14, compared to a current price of ₹274.65 — trading 77% above its estimated fair value. The current PB Ratio is 3.38, which is 27% above median its 10-year median of 2.67 and 108.6% above the Chemicals industry median of 1.62. Mahickra Chemicals' overall GF Score™ is 53/100 with 5 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 Mahickra Chemicals (NSE:MAHICKRA), the current PB Ratio is 3.38 as of Aug. 02, 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 Mahickra Chemicals (NSE:MAHICKRA) Overvalued in 2026?
Based on GuruFocus' analysis, Mahickra Chemicals stock appears to be overvalued.
The current stock price of ₹274.65 is trading 77% above its estimated GF Value™ of ₹155.14.
GuruFocus considers Mahickra Chemicals to be Significantly Overvalued.
Key valuation signals for NSE:MAHICKRA:
PB Ratio: 3.38 (27% above median its 10-year median of 2.67)
GF Value™: ₹155.14 vs. price of ₹274.65 (77% above fair value)
Industry Position: 108.6% above the Chemicals median (#1235 of 1575)
No single metric tells the full story. See the NSE:MAHICKRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mahickra Chemicals Ltd is an India-based company engaged in the business of manufacturing and trading of dyes and chemicals. Its product portfolio includes reactive dyes, acid dyes, direct dyes, pigment powder and emulsion, specialty chemicals, and synthetic food colors, among others. The company caters to both the Indian as well as international markets.
53GF Score
Get the complete analysis for NSE:MAHICKRA
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:MAHICKRA has been successfully added to your 
