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Page IndustriesNSE:PAGEIND -0.76%99 PB Ratio is 29.73 as of Aug. 07, 2026, which is 4% below its 10-year median of 31.07. GuruFocus rates NSE:PAGEIND with a GF Score™ of 99/100 and a GF Value™ of ₹45,940.28 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,002 Manufacturing - Apparel & Accessories companies, Page Industries ranks worse than 98.7% 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 (2026-08-07), Page Industries's share price is ₹40050.00. Page Industries's Book Value per Share for the quarter that ended in Mar. 2026 was ₹1,347.14. Hence, Page Industries's PB Ratio of today is 29.73.
The historical rank and industry rank for Page Industries's PB Ratio or its related term are showing as below:
NSE:PAGEIND'
s PB Ratio Range Over the Past 10 Years
Min: 22.45 Med: 31.07 Max: 46.98
Current: 29.61
During the past 13 years, Page Industries's highest PB Ratio was 46.98. The lowest was 22.45. And the median was 31.07.
NSE:PAGEIND's PB Ratio is ranked worse than 98.7% of 1002
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.08
vs NSE:PAGEIND: 29.61
During the past 12 months, Page Industries's average Book Value Per Share Growth Rate was 6.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Page Industries was 135.50% per year. The lowest was 1.50% per year. And the median was 23.10% per year.
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.
Page Industries PB Ratio Related Terms
Page Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Page Industries'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.
For the Apparel Manufacturing subindustry, Page Industries'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.
Page Industries PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Page Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Page Industries's PB Ratio falls into.
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.
Page Industries's PB Ratio for today is calculated as follows:
* 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.
Page Industries (NSE:PAGEIND) has a PB Ratio of 29.73 as of Aug. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Page Industries and its competitors. This is near median its historical median of 31.07. Over the past decade, Page Industries' PB Ratio has ranged from 22.45 to 46.98. According to the industry distribution chart, Page Industries ranks #989 out of 1002 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 98.7%.
Is Page Industries' PB Ratio too high?
Page Industries' current PB Ratio of 29.73 is near median its 10-year median of 31.07. Over the past 10 years, this metric has ranged from a low of 22.45 to a high of 46.98. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.08. Page Industries' value of 29.73 is 2652.8% above this industry median. Based on the distribution chart, Page Industries ranks #989 out of 1002 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Page Industries has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Page Industries' PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Page Industries ranks #989 out of 1002 companies for PB Ratio. This places Page Industries in the lower half of its industry. The industry median PB Ratio is 1.08. Page Industries' value of 29.73 is 2652.8% above this benchmark. Historically, Page Industries' own PB Ratio has ranged from 22.45 to 46.98 over the past decade. While the company's 10-year median is 31.07 vs. the industry median of 1.08, Page Industries 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.08, based on 1,002 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. Page Industries's current PB Ratio of 29.73 is 2652.8% 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 Page Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Page Industries's current PB Ratio is 29.73, which is near median its own 10-year median of 31.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Page Industries stock overvalued right now?
Based on GuruFocus' analysis, Page Industries (NSE:PAGEIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹45,940.28, compared to a current price of ₹40,050.00 — trading 12.8% below its estimated fair value. The current PB Ratio is 29.73, which is near median its 10-year median of 31.07 and 2652.8% above the Manufacturing - Apparel & Accessories industry median of 1.08. Page Industries' overall GF Score™ is 99/100 with 2 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 Page Industries (NSE:PAGEIND), the current PB Ratio is 29.73 as of Aug. 07, 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 Page Industries (NSE:PAGEIND) Overvalued in 2026?
Based on GuruFocus' analysis, Page Industries stock appears to be undervalued.
The current stock price of ₹40,050.00 is trading 12.8% below its estimated GF Value™ of ₹45,940.28.
GuruFocus considers Page Industries to be Modestly Undervalued.
Key valuation signals for NSE:PAGEIND:
PB Ratio: 29.73 (near median its 10-year median of 31.07)
GF Value™: ₹45,940.28 vs. price of ₹40,050.00 (12.8% below fair value)
Industry Position: 2652.8% above the Manufacturing - Apparel & Accessories median (#989 of 1002)
No single metric tells the full story. See the NSE:PAGEIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Page Industries Ltd is the exclusive licensee for the manufacture, marketing, and distribution of Jockey and Speedo-branded innerwear, swimwear, and other apparel in India. The company also has the rights to Jockey in Sri Lanka, Bangladesh, Nepal, and the United Arab Emirates. Sales of innerwear and leisurewear products contribute a substantial amount to the company's revenue. Swimwear and other items make up the remaining revenue. The company sells its products through exclusive brand stores, some of which are run by franchisees, large-format stores, multibrand stores, and its e-commerce channel. The company's segments are; Innerwear and leisurewear which derives key revenue, and others. Geographically, the majority of the company's revenue is generated within India.
99GF Score
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