NSE:PARAS's PB Ratio is ranked worse than 90.83% of 338
companies
in the Aerospace & Defense industry
Industry Median: 3.73
vs NSE:PARAS: 13.91
During the past 12 months, Paras Defence And Space Technologies's average Book Value Per Share Growth Rate was 13.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 19.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 24.50% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Paras Defence And Space Technologies was 35.40% per year. The lowest was 17.90% per year. And the median was 29.10% per year.
Back to Basics: PB Ratio
Paras Defence And Space Technologies (NSE:PARAS) 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.
Paras Defence And Space Technologies PB Ratio Related Terms
Paras Defence And Space Technologies 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.
Paras Defence And Space Technologies PB Ratio Chart
For the Aerospace & Defense subindustry, Paras Defence And Space Technologies'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.
Paras Defence And Space Technologies PB Ratio vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Paras Defence And Space Technologies's PB Ratio distribution charts can be found below:
* The bar in red indicates where Paras Defence And Space Technologies's PB Ratio falls into.
Paras Defence And Space Technologies 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.
Paras Defence And Space Technologies (NSE:PARAS) has a PB Ratio of 13.92 as of Jul. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Paras Defence And Space Technologies and its competitors. This is 100% above median its historical median of 6.95. Over the past decade, Paras Defence And Space Technologies' PB Ratio has ranged from 4.44 to 15.67. According to the industry distribution chart, Paras Defence And Space Technologies ranks #307 out of 338 companies in the Aerospace & Defense industry, placing it in the top 90.8%.
Is Paras Defence And Space Technologies' PB Ratio too high?
Paras Defence And Space Technologies' current PB Ratio of 13.92 is 100% above median its 10-year median of 6.95. Over the past 10 years, this metric has ranged from a low of 4.44 to a high of 15.67. The Aerospace & Defense industry median PB Ratio is 3.73. Paras Defence And Space Technologies' value of 13.92 is 273.2% above this industry median. Based on the distribution chart, Paras Defence And Space Technologies ranks #307 out of 338 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Paras Defence And Space Technologies has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Paras Defence And Space Technologies' PB Ratio compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Paras Defence And Space Technologies ranks #307 out of 338 companies for PB Ratio. This places Paras Defence And Space Technologies in the lower half of its industry. The industry median PB Ratio is 3.73. Paras Defence And Space Technologies' value of 13.92 is 273.2% above this benchmark. Historically, Paras Defence And Space Technologies' own PB Ratio has ranged from 4.44 to 15.67 over the past decade. While the company's 10-year median is 6.95 vs. the industry median of 3.73, Paras Defence And Space Technologies 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 an Aerospace & Defense company?
The median PB Ratio among Aerospace & Defense companies is 3.73, based on 338 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. Paras Defence And Space Technologies's current PB Ratio of 13.92 is 273.2% 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 Paras Defence And Space Technologies and its competitors. For the Aerospace & Defense industry, the median PB Ratio is 3.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paras Defence And Space Technologies's current PB Ratio is 13.92, which is 100% above median its own 10-year median of 6.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paras Defence And Space Technologies stock overvalued right now?
Based on GuruFocus' analysis, Paras Defence And Space Technologies (NSE:PARAS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹840.02, compared to a current price of ₹1,253.10 — trading 49.2% above its estimated fair value. The current PB Ratio is 13.92, which is 100% above median its 10-year median of 6.95 and 273.2% above the Aerospace & Defense industry median of 3.73. Paras Defence And Space Technologies' overall GF Score™ is 82/100 with 4 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 Paras Defence And Space Technologies (NSE:PARAS), the current PB Ratio is 13.92 as of Jul. 12, 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 Paras Defence And Space Technologies (NSE:PARAS) Overvalued in 2026?
Based on GuruFocus' analysis, Paras Defence And Space Technologies stock appears to be overvalued.
The current stock price of ₹1,253.10 is trading 49.2% above its estimated GF Value™ of ₹840.02.
GuruFocus considers Paras Defence And Space Technologies to be Significantly Overvalued.
Key valuation signals for NSE:PARAS:
PB Ratio: 13.92 (100% above median its 10-year median of 6.95)
GF Value™: ₹840.02 vs. price of ₹1,253.10 (49.2% above fair value)
Industry Position: 273.2% above the Aerospace & Defense median (#307 of 338)
No single metric tells the full story. See the NSE:PARAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Paras Defence And Space Technologies Business Description
Paras Defence And Space Technologies Ltd is engaged in the designing, developing, manufacturing, and testing of various defense and space engineering products and solutions. The company's product portfolio includes lens barrels, rugged networking and communication equipment, multifold lenses, metal mirrors, submarine winches, and mill grade control systems among others. Its operating segments are; Optics & Optronic Systems; and Defence Engineering. The maximum revenue for the company is derived from its Optics and Optronic Systems segment. Geographically, the firm generates a majority of its revenue from its customers within India and the rest from outside India through exports.
82GF Score
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