Manilam Industries India (NSE:MANILAM) PB Ratio: 2.70 (As of Jul. 08, 2026) — 27% Below Median


NSE:MANILAM Manilam Industries India Ltd NSE:MANILAM
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Price ₹53.30
! 6 Warning Signs
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What is Manilam Industries India PB Ratio?

Manilam Industries India NSE:MANILAM -3.09% 10 PB Ratio is 2.70 as of Jul. 08, 2026, which is 27% below its 10-year median of 3.69. GuruFocus rates NSE:MANILAM with a GF Score™ of 10/100. The stock has 6 warning signs investors should review. Among 397 Building Materials companies, Manilam Industries India ranks worse than 79.85% on this metric.

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. As of today (2026-07-08), Manilam Industries India's share price is ₹53.30. Manilam Industries India's Book Value per Share for the quarter that ended in Sep. 2025 was ₹19.72. Hence, Manilam Industries India's PB Ratio of today is 2.70.

Good Sign:

Manilam Industries India Ltd stock PB Ratio (=2.69) is close to 1-year low of 2.69.

The historical rank and industry rank for Manilam Industries India's PB Ratio or its related term are showing as below:

NSE:MANILAM' s PB Ratio Range Over the Past 10 Years
Min: 2.69   Med: 3.69   Max: 4.25
Current: 2.7

During the past 3 years, Manilam Industries India's highest PB Ratio was 4.25. The lowest was 2.69. And the median was 3.69.

NSE:MANILAM's PB Ratio is ranked worse than
79.85% of 397 companies
in the Building Materials industry
Industry Median: 1.16 vs NSE:MANILAM: 2.70

During the past 12 months, Manilam Industries India's average Book Value Per Share Growth Rate was 63.30% per year.

Back to Basics: PB Ratio


Manilam Industries India  (NSE:MANILAM) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Manilam Industries India PB Ratio Related Terms


Manilam Industries India PB Ratio Historical Data

* Premium members only.

The historical data trend for Manilam Industries India'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.

Manilam Industries India PB Ratio Chart

Manilam Industries India Annual Data
Trend Mar23 Mar24 Mar25
PB Ratio
0.00 0.00 0.00

Manilam Industries India Semi-Annual Data
Mar23 Mar24 Mar25 Sep25
PB Ratio 0.00 0.00 0.00 0.00

NSE:MANILAM vs CRH, VMC, MLM: PB Ratio Comparison

For the Building Materials subindustry, Manilam Industries 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.


Manilam Industries India PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Manilam Industries India's PB Ratio distribution charts can be found below:

* The bar in red indicates where Manilam Industries India's PB Ratio falls into.


NSE:MANILAM
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Manilam Industries India Ltd NSE:MANILAM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Manilam Industries India 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.

Manilam Industries India's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2025)
=53.30/19.719
=2.70

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.70 mean?
Manilam Industries India (NSE:MANILAM) has a PB Ratio of 2.70 as of Jul. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Manilam Industries India and its competitors. This is 27% below median its historical median of 3.69. Over the past decade, Manilam Industries India's PB Ratio has ranged from 2.69 to 4.25. According to the industry distribution chart, Manilam Industries India ranks #317 out of 397 companies in the Building Materials industry, placing it in the top 79.8%.
Is Manilam Industries India's PB Ratio too high?
Manilam Industries India's current PB Ratio of 2.70 is 27% below median its 10-year median of 3.69. Over the past 10 years, this metric has ranged from a low of 2.69 to a high of 4.25. The Building Materials industry median PB Ratio is 1.16. Manilam Industries India's value of 2.70 is 132.8% above this industry median. Based on the distribution chart, Manilam Industries India ranks #317 out of 397 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Manilam Industries India has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Manilam Industries India's PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Manilam Industries India ranks #317 out of 397 companies for PB Ratio. This places Manilam Industries India in the lower half of its industry. The industry median PB Ratio is 1.16. Manilam Industries India's value of 2.70 is 132.8% above this benchmark. Historically, Manilam Industries India's own PB Ratio has ranged from 2.69 to 4.25 over the past decade. While the company's 10-year median is 3.69 vs. the industry median of 1.16, Manilam Industries 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 Building Materials company?
The median PB Ratio among Building Materials companies is 1.16, based on 397 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. Manilam Industries India's current PB Ratio of 2.70 is 132.8% 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 Manilam Industries India and its competitors. For the Building Materials industry, the median PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manilam Industries India's current PB Ratio is 2.70, which is 27% below median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manilam Industries India stock overvalued right now?
Manilam Industries India (NSE:MANILAM) has a current PB Ratio of 2.70. The current PB Ratio is 2.70, which is 27% below median its 10-year median of 3.69 and 132.8% above the Building Materials industry median of 1.16. Manilam Industries India's overall GF Score™ is 10/100 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 Manilam Industries India (NSE:MANILAM), the current PB Ratio is 2.70 as of Jul. 08, 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.

Manilam Industries India Business Description

Address Nainital Road, PO: Bhojipura, Plot No. 35 and 42, Manda Village, Bareilly, UP, IND, 243202
Manilam Industries India Ltd is engaged in the manufacturing and sale of decorative laminates. Its product portfolio includes the Artistica Collection, the Vogue Collection, the Dwar Collection and the Magnificent Collection. Additionally, the company is involved in the trading of plywood serving the industrial and commercial sectors. It operates under the brand name "Manilam". The majority of the company's revenue is derived from the sale of laminates across India. The reportable segments: Within India, and Outside India, of which it derives maximum revenue from India.
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₹53.30
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