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Manoj Vaibhav Gems N JewellersNSE:MVGJL -0.82%57 PB Ratio is 0.92 as of Jul. 23, 2026, which is 38% below its 10-year median of 1.49. GuruFocus rates NSE:MVGJL with a GF Score™ of 57/100 and a GF Value™ of ₹280.13 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,080 Retail - Cyclical companies, Manoj Vaibhav Gems N Jewellers ranks better than 65.93% on this metric.
Manoj Vaibhav Gems N Jewellers Ltd stock PB Ratio (=0.91) is close to 3-year low of 0.85.
The historical rank and industry rank for Manoj Vaibhav Gems N Jewellers's PB Ratio or its related term are showing as below:
NSE:MVGJL'
s PB Ratio Range Over the Past 10 Years
Min: 0.85 Med: 1.49 Max: 2
Current: 0.92
During the past 7 years, Manoj Vaibhav Gems N Jewellers's highest PB Ratio was 2.00. The lowest was 0.85. And the median was 1.49.
NSE:MVGJL's PB Ratio is ranked better than 65.93% of 1080
companies
in the Retail - Cyclical industry
Industry Median: 1.455
vs NSE:MVGJL: 0.92
During the past 12 months, Manoj Vaibhav Gems N Jewellers's average Book Value Per Share Growth Rate was 15.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 34.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 32.90% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Manoj Vaibhav Gems N Jewellers was 39.20% per year. The lowest was 18.30% per year. And the median was 36.15% per year.
Back to Basics: PB Ratio
Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) 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.
Manoj Vaibhav Gems N Jewellers PB Ratio Related Terms
Manoj Vaibhav Gems N Jewellers 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.
For the Luxury Goods subindustry, Manoj Vaibhav Gems N Jewellers'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.
Manoj Vaibhav Gems N Jewellers PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Manoj Vaibhav Gems N Jewellers's PB Ratio distribution charts can be found below:
* The bar in red indicates where Manoj Vaibhav Gems N Jewellers's PB Ratio falls into.
Manoj Vaibhav Gems N Jewellers 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.
Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) has a PB Ratio of 0.92 as of Jul. 23, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Manoj Vaibhav Gems N Jewellers and its competitors. This is 38% below median its historical median of 1.49. Over the past decade, Manoj Vaibhav Gems N Jewellers' PB Ratio has ranged from 0.85 to 2.00. According to the industry distribution chart, Manoj Vaibhav Gems N Jewellers ranks #368 out of 1080 companies in the Retail - Cyclical industry, placing it in the top 34.1%.
Is Manoj Vaibhav Gems N Jewellers' PB Ratio too high?
Manoj Vaibhav Gems N Jewellers' current PB Ratio of 0.92 is 38% below median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 2.00. The Retail - Cyclical industry median PB Ratio is 1.46. Manoj Vaibhav Gems N Jewellers' value of 0.92 is 36.8% below this industry median. Based on the distribution chart, Manoj Vaibhav Gems N Jewellers ranks #368 out of 1080 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Manoj Vaibhav Gems N Jewellers has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manoj Vaibhav Gems N Jewellers' PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Manoj Vaibhav Gems N Jewellers ranks #368 out of 1080 companies for PB Ratio. This puts Manoj Vaibhav Gems N Jewellers in the upper half of its industry. The industry median PB Ratio is 1.46. Manoj Vaibhav Gems N Jewellers' value of 0.92 is 36.8% below this benchmark. Historically, Manoj Vaibhav Gems N Jewellers' own PB Ratio has ranged from 0.85 to 2.00 over the past decade. While the company's 10-year median is 1.49 vs. the industry median of 1.46, Manoj Vaibhav Gems N Jewellers has consistently been below 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 1.46, based on 1,080 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. Manoj Vaibhav Gems N Jewellers's current PB Ratio of 0.92 is 36.8% below 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 Manoj Vaibhav Gems N Jewellers and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manoj Vaibhav Gems N Jewellers's current PB Ratio is 0.92, which is 38% below median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manoj Vaibhav Gems N Jewellers stock overvalued right now?
Based on GuruFocus' analysis, Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹280.13, compared to a current price of ₹156.92 — trading 44% below its estimated fair value. The current PB Ratio is 0.92, which is 38% below median its 10-year median of 1.49 and 36.8% below the Retail - Cyclical industry median of 1.46. Manoj Vaibhav Gems N Jewellers' overall GF Score™ is 57/100 with 3 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 Manoj Vaibhav Gems N Jewellers (NSE:MVGJL), the current PB Ratio is 0.92 as of Jul. 23, 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 Manoj Vaibhav Gems N Jewellers (NSE:MVGJL) Overvalued in 2026?
Based on GuruFocus' analysis, Manoj Vaibhav Gems N Jewellers stock appears to be undervalued.
The current stock price of ₹156.92 is trading 44% below its estimated GF Value™ of ₹280.13.
GuruFocus considers Manoj Vaibhav Gems N Jewellers to be Significantly Undervalued.
Key valuation signals for NSE:MVGJL:
PB Ratio: 0.92 (38% below median its 10-year median of 1.49)
GF Value™: ₹280.13 vs. price of ₹156.92 (44% below fair value)
Industry Position: 36.8% below the Retail - Cyclical median (#368 of 1080)
No single metric tells the full story. See the NSE:MVGJL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manoj Vaibhav Gems N Jewellers Business Description
Manoj Vaibhav Gems N Jewellers Ltd is a regional jewellery brand in South India led by a first-generation woman entrepreneur. It caters to all economic segments of the micro markets of Andhra Pradesh and Telangana through its dedicated branded showrooms and has a rural market focus and a dedicated urban focus, also. The company positioned itself as a retailer focused on relationships, by Design, where it focuses on offering designs, high quality, transparency, and customer service to its customers.
57GF Score
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