Metro Brands (NSE:METROBRAND) PB Ratio: 13.69 (As of Aug. 05, 2026) — 18% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:METROBRAND Metro Brands Ltd NSE:METROBRAND
93 GF Score
Price ₹1,001.00
GF Value ₹1,469.33
Valuation Significantly Undervalued
View Full Analysis

What is Metro Brands PB Ratio?

Metro Brands NSE:METROBRAND -3.81% 93 PB Ratio is 13.69 as of Aug. 05, 2026, which is 18% below its 10-year median of 16.61. GuruFocus rates NSE:METROBRAND with a GF Score™ of 93/100 and a GF Value™ of ₹1,469.33 (Significantly Undervalued). Among 1,084 Retail - Cyclical companies, Metro Brands ranks worse than 95.66% 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 (2026-08-05), Metro Brands's share price is ₹1001.00. Metro Brands's Book Value per Share for the quarter that ended in Mar. 2026 was ₹73.13. Hence, Metro Brands's PB Ratio of today is 13.69.

Good Sign:

Metro Brands Ltd stock PB Ratio (=13.96) is close to 3-year low of 12.83.

The historical rank and industry rank for Metro Brands's PB Ratio or its related term are showing as below:

NSE:METROBRAND' s PB Ratio Range Over the Past 10 Years
Min: 11.19   Med: 16.61   Max: 22.34
Current: 13.65

During the past 8 years, Metro Brands's highest PB Ratio was 22.34. The lowest was 11.19. And the median was 16.61.

NSE:METROBRAND's PB Ratio is ranked worse than
95.66% of 1084 companies
in the Retail - Cyclical industry
Industry Median: 1.48 vs NSE:METROBRAND: 13.65

During the past 12 months, Metro Brands's average Book Value Per Share Growth Rate was 16.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 16.90% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Metro Brands was 31.00% per year. The lowest was 8.70% per year. And the median was 24.20% per year.

Back to Basics: PB Ratio


Metro Brands  (NSE:METROBRAND) 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.


Metro Brands PB Ratio Related Terms


Metro Brands PB Ratio Historical Data

* Premium members only.

The historical data trend for Metro Brands'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.

Metro Brands PB Ratio Chart

Metro Brands Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 13.14 13.95 16.84 16.14 12.25

Metro Brands Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.14 0.00 19.34 0.00 12.25

NSE:METROBRAND vs TJX, ROST, BURL: PB Ratio Comparison

For the Apparel Retail subindustry, Metro Brands'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.


Metro Brands PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Metro Brands's PB Ratio distribution charts can be found below:

* The bar in red indicates where Metro Brands's PB Ratio falls into.


NSE:METROBRAND
93GF Score
Metro Brands Ltd NSE:METROBRAND
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Metro Brands 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.

Metro Brands's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=1001.00/73.131
=13.69

* 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 13.69 mean?
Metro Brands (NSE:METROBRAND) has a PB Ratio of 13.69 as of Aug. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Metro Brands and its competitors. This is 18% below median its historical median of 16.61. Over the past decade, Metro Brands' PB Ratio has ranged from 11.19 to 22.34. According to the industry distribution chart, Metro Brands ranks #1037 out of 1084 companies in the Retail - Cyclical industry, placing it in the top 95.7%.
Is Metro Brands' PB Ratio too high?
Metro Brands' current PB Ratio of 13.69 is 18% below median its 10-year median of 16.61. Over the past 10 years, this metric has ranged from a low of 11.19 to a high of 22.34. The Retail - Cyclical industry median PB Ratio is 1.48. Metro Brands' value of 13.69 is 825% above this industry median. Based on the distribution chart, Metro Brands ranks #1037 out of 1084 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Metro Brands has a GF Score™ of 93/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Metro Brands' PB Ratio compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Metro Brands ranks #1037 out of 1084 companies for PB Ratio. This places Metro Brands in the lower half of its industry. The industry median PB Ratio is 1.48. Metro Brands' value of 13.69 is 825% above this benchmark. Historically, Metro Brands' own PB Ratio has ranged from 11.19 to 22.34 over the past decade. While the company's 10-year median is 16.61 vs. the industry median of 1.48, Metro Brands 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.48, based on 1,084 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. Metro Brands's current PB Ratio of 13.69 is 825% 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 Metro Brands and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metro Brands's current PB Ratio is 13.69, which is 18% below median its own 10-year median of 16.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metro Brands stock overvalued right now?
Based on GuruFocus' analysis, Metro Brands (NSE:METROBRAND) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,469.33, compared to a current price of ₹1,001.00 — trading 31.9% below its estimated fair value. The current PB Ratio is 13.69, which is 18% below median its 10-year median of 16.61 and 825% above the Retail - Cyclical industry median of 1.48. Metro Brands' overall GF Score™ is 93/100. 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 Metro Brands (NSE:METROBRAND), the current PB Ratio is 13.69 as of Aug. 05, 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 Metro Brands (NSE:METROBRAND) Overvalued in 2026?

Based on GuruFocus' analysis, Metro Brands stock appears to be undervalued. The current stock price of ₹1,001.00 is trading 31.9% below its estimated GF Value™ of ₹1,469.33. GuruFocus considers Metro Brands to be Significantly Undervalued.

Key valuation signals for NSE:METROBRAND:

  • PB Ratio: 13.69 (18% below median its 10-year median of 16.61)
  • GF Value™: ₹1,469.33 vs. price of ₹1,001.00 (31.9% below fair value)
  • GF Score™: 93/100
  • Industry Position: 825% above the Retail - Cyclical median (#1037 of 1084)

No single metric tells the full story. See the NSE:METROBRAND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Metro Brands Business Description

Other Exchanges 543426:India
Address Lal Bahadur Shastri Road and CST Road Junction, 401, Zillion, 4th Floor, Kurla West, Mumbai, MH, IND, 400070
Metro Brands Ltd is a specialty retailer of fashion footwear, bags, and accessories. It offers a wide range of branded products for the entire family, including items for men, women, unisex, and kids, suitable for every occasion, from casual to formal events. The company is also involved in manufacturing foot care and shoe care products through a joint venture. The various in-house and third-party brands in its product portfolio include Metro Shoes, Mochi Shoes, Clarks, Fila, New Era, Foot Locker, FitFlop, Walkway Shoes, Crocs, daVinchi, and Cheemo. The company's only business is the trading of fashion footwear, bags, and accessories, operating in the premium and economy categories.
93GF Score

Get the complete analysis for NSE:METROBRAND

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,001.00
Price
₹1,469.33
GF Value