Modi Naturals (NSE:MODINATUR) PB Ratio: 3.01 (As of Aug. 01, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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NSE:MODINATUR Modi Naturals Ltd NSE:MODINATUR
66 GF Score
Price ₹389.20
GF Value ₹455.43
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Modi Naturals PB Ratio?

Modi Naturals NSE:MODINATUR -2.04% 66 PB Ratio is 3.01 as of Aug. 01, 2026, which is 5% below its 10-year median of 3.17. GuruFocus rates NSE:MODINATUR with a GF Score™ of 66/100 and a GF Value™ of ₹455.43 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,897 Consumer Packaged Goods companies, Modi Naturals ranks worse than 81.34% 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 (2026-08-01), Modi Naturals's share price is ₹389.20. Modi Naturals's Book Value per Share for the quarter that ended in Mar. 2026 was ₹129.37. Hence, Modi Naturals's PB Ratio of today is 3.01.

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

NSE:MODINATUR' s PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 3.17   Max: 7.46
Current: 3.14

During the past 13 years, Modi Naturals's highest PB Ratio was 7.46. The lowest was 0.36. And the median was 3.17.

NSE:MODINATUR's PB Ratio is ranked worse than
81.34% of 1897 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs NSE:MODINATUR: 3.14

During the past 12 months, Modi Naturals's average Book Value Per Share Growth Rate was 41.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 26.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Modi Naturals was 26.10% per year. The lowest was -16.60% per year. And the median was 12.10% per year.

Back to Basics: PB Ratio


Modi Naturals  (NSE:MODINATUR) 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.


Modi Naturals PB Ratio Related Terms


Modi Naturals PB Ratio Historical Data

* Premium members only.

The historical data trend for Modi Naturals'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.

Modi Naturals PB Ratio Chart

Modi Naturals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 2.22

Modi Naturals 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 0.00 0.00 0.00 0.00 2.22

NSE:MODINATUR vs KHC, GIS: PB Ratio Comparison

For the Packaged Foods subindustry, Modi Naturals'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.


Modi Naturals PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Modi Naturals's PB Ratio distribution charts can be found below:

* The bar in red indicates where Modi Naturals's PB Ratio falls into.


NSE:MODINATUR
66GF Score
Modi Naturals Ltd NSE:MODINATUR
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modi Naturals 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.

Modi Naturals's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=389.20/129.367
=3.01

* 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 3.01 mean?
Modi Naturals (NSE:MODINATUR) has a PB Ratio of 3.01 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 Modi Naturals and its competitors. This is near median its historical median of 3.17. Over the past decade, Modi Naturals' PB Ratio has ranged from 0.36 to 7.46. According to the industry distribution chart, Modi Naturals ranks #1543 out of 1897 companies in the Consumer Packaged Goods industry, placing it in the top 81.3%.
Is Modi Naturals' PB Ratio too high?
Modi Naturals' current PB Ratio of 3.01 is near median its 10-year median of 3.17. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 7.46. The Consumer Packaged Goods industry median PB Ratio is 1.36. Modi Naturals' value of 3.01 is 121.3% above this industry median. Based on the distribution chart, Modi Naturals ranks #1543 out of 1897 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Modi Naturals has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Modi Naturals' PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modi Naturals ranks #1543 out of 1897 companies for PB Ratio. This places Modi Naturals in the lower half of its industry. The industry median PB Ratio is 1.36. Modi Naturals' value of 3.01 is 121.3% above this benchmark. Historically, Modi Naturals' own PB Ratio has ranged from 0.36 to 7.46 over the past decade. While the company's 10-year median is 3.17 vs. the industry median of 1.36, Modi Naturals 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.36, based on 1,897 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. Modi Naturals's current PB Ratio of 3.01 is 121.3% 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 Modi Naturals and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Modi Naturals's current PB Ratio is 3.01, which is near median its own 10-year median of 3.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modi Naturals stock overvalued right now?
Based on GuruFocus' analysis, Modi Naturals (NSE:MODINATUR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹455.43, compared to a current price of ₹389.20 — trading 14.5% below its estimated fair value. The current PB Ratio is 3.01, which is near median its 10-year median of 3.17 and 121.3% above the Consumer Packaged Goods industry median of 1.36. Modi Naturals' overall GF Score™ is 66/100 with 1 warning sign 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 Modi Naturals (NSE:MODINATUR), the current PB Ratio is 3.01 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 Modi Naturals (NSE:MODINATUR) Overvalued in 2026?

Based on GuruFocus' analysis, Modi Naturals stock appears to be undervalued. The current stock price of ₹389.20 is trading 14.5% below its estimated GF Value™ of ₹455.43. GuruFocus considers Modi Naturals to be Modestly Undervalued.

Key valuation signals for NSE:MODINATUR:

  • PB Ratio: 3.01 (near median its 10-year median of 3.17)
  • GF Value™: ₹455.43 vs. price of ₹389.20 (14.5% below fair value)
  • GF Score™: 66/100 with 1 warning sign
  • Industry Position: 121.3% above the Consumer Packaged Goods median (#1543 of 1897)

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


Modi Naturals Business Description

Other Exchanges 519003:India
Address D-54, Okhla Industrial Area - Phase I, 2nd Floor, New Delhi, IND, 110020
Modi Naturals Ltd manufactures and markets edible oil and de-oiled cakes in India. The Company has organised the business into two segments viz. Branded Business and Bulk Business. The company offers consumer products and business-to-business (B2B) products. The Oleev brand includes olive oils and healthy oils. Its Rizolo brand offers rice bran oil. Miller brand provides low-absorption technology canola oil, its Pipo brand offers ready-to-cook flavored popcorn, and the Olivana Wellness brand offers massage oils. Its B2B products consist of rice bran oil, sunflower oil, mustard oil, rice bran wax, distilled fatty acids, de-oiled rice bran, and de-oiled sunflower cake. The company generates revenue from the sale of products, sale of packing, and other materials.
66GF Score

Get the complete analysis for NSE:MODINATUR

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

₹389.20
Price
₹455.43
GF Value