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NSE:MOTILALOFS'
s PB Ratio Range Over the Past 10 Years
Min: 1.42 Med: 3.22 Max: 11.07
Current: 4.52
During the past 13 years, Motilal Oswal Financial Services's highest PB Ratio was 11.07. The lowest was 1.42. And the median was 3.22.
NSE:MOTILALOFS's PB Ratio is ranked worse than 86.5% of 778
companies
in the Capital Markets industry
Industry Median: 1.36
vs NSE:MOTILALOFS: 4.52
During the past 12 months, Motilal Oswal Financial Services's average Book Value Per Share Growth Rate was 15.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 26.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 23.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 22.40% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Motilal Oswal Financial Services was 90.70% per year. The lowest was 4.90% per year. And the median was 22.00% per year.
Back to Basics: PB Ratio
Motilal Oswal Financial Services (NSE:MOTILALOFS) 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.
Motilal Oswal Financial Services PB Ratio Related Terms
Motilal Oswal Financial Services PB Ratio Historical Data
* 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:MOTILALOFS vs MS, GS, SCHW: PB Ratio Comparison
For the Capital Markets subindustry, Motilal Oswal Financial Services'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.
Motilal Oswal Financial Services PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Motilal Oswal Financial Services's PB Ratio distribution charts can be found below:
* The bar in red indicates where Motilal Oswal Financial Services's PB Ratio falls into.
Motilal Oswal Financial Services 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.
* 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.
Motilal Oswal Financial Services (NSE:MOTILALOFS) has a PB Ratio of 4.52 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Motilal Oswal Financial Services and its competitors. This is 40% above median its historical median of 3.22. Over the past decade, Motilal Oswal Financial Services' PB Ratio has ranged from 1.42 to 11.07. According to the industry distribution chart, Motilal Oswal Financial Services ranks #673 out of 778 companies in the Capital Markets industry, placing it in the top 86.5%.
Is Motilal Oswal Financial Services' PB Ratio too high?
Motilal Oswal Financial Services' current PB Ratio of 4.52 is 40% above median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 11.07. The Capital Markets industry median PB Ratio is 1.36. Motilal Oswal Financial Services' value of 4.52 is 232.4% above this industry median. Based on the distribution chart, Motilal Oswal Financial Services ranks #673 out of 778 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Motilal Oswal Financial Services has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Motilal Oswal Financial Services' PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Motilal Oswal Financial Services ranks #673 out of 778 companies for PB Ratio. This places Motilal Oswal Financial Services in the lower half of its industry. The industry median PB Ratio is 1.36. Motilal Oswal Financial Services' value of 4.52 is 232.4% above this benchmark. Historically, Motilal Oswal Financial Services' own PB Ratio has ranged from 1.42 to 11.07 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 1.36, Motilal Oswal Financial Services 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.36, based on 778 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. Motilal Oswal Financial Services's current PB Ratio of 4.52 is 232.4% 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 Motilal Oswal Financial Services and its competitors. For the Capital Markets 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. Motilal Oswal Financial Services's current PB Ratio is 4.52, which is 40% above median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Motilal Oswal Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Motilal Oswal Financial Services (NSE:MOTILALOFS) is currently considered Fairly Valued. The stock's GF Value™ is ₹944.50, compared to a current price of ₹967.45 — trading 2.4% above its estimated fair value. The current PB Ratio is 4.52, which is 40% above median its 10-year median of 3.22 and 232.4% above the Capital Markets industry median of 1.36. Motilal Oswal Financial Services' overall GF Score™ is 92/100 with 8 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 Motilal Oswal Financial Services (NSE:MOTILALOFS), the current PB Ratio is 4.52 as of Jul. 16, 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 Motilal Oswal Financial Services (NSE:MOTILALOFS) Overvalued in 2026?
Based on GuruFocus' analysis, Motilal Oswal Financial Services stock appears to be overvalued.
The current stock price of ₹967.45 is trading 2.4% above its estimated GF Value™ of ₹944.50.
GuruFocus considers Motilal Oswal Financial Services to be Fairly Valued.
Key valuation signals for NSE:MOTILALOFS:
PB Ratio: 4.52 (40% above median its 10-year median of 3.22)
GF Value™: ₹944.50 vs. price of ₹967.45 (2.4% above fair value)
Industry Position: 232.4% above the Capital Markets median (#673 of 778)
No single metric tells the full story. See the NSE:MOTILALOFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Motilal Oswal Financial Services Business Description
Motilal Oswal Financial Services Ltd provides a range of financial services, including private wealth management, retail broking and distribution, institutional broking, asset management, investment banking, private equity, commodity broking, and home finance. The group majorly generates revenue through its broking operations. Its broking and distribution segment offers research-based advisory services to help retail customers across India make investment decisions. The services cover various asset classes and investment types, such as mutual funds and insurance products.
92GF Score
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