PCBL Chemical (NSE:PCBL) PB Ratio: 3.04 (As of Jul. 13, 2026) — 67% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:PCBL PCBL Chemical Ltd NSE:PCBL
94 GF Score
Price ₹309.55
GF Value ₹374.11
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is PCBL Chemical PB Ratio?

PCBL Chemical NSE:PCBL +1.81% 94 PB Ratio is 3.04 as of Jul. 13, 2026, which is 67% above its 10-year median of 1.82. GuruFocus rates NSE:PCBL with a GF Score™ of 94/100 and a GF Value™ of ₹374.11 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,575 Chemicals companies, PCBL Chemical ranks worse than 73.84% 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 (2026-07-13), PCBL Chemical's share price is ₹309.55. PCBL Chemical's Book Value per Share for the quarter that ended in Mar. 2026 was ₹101.82. Hence, PCBL Chemical's PB Ratio of today is 3.04.

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

NSE:PCBL' s PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.82   Max: 5.37
Current: 3.04

During the past 13 years, PCBL Chemical's highest PB Ratio was 5.37. The lowest was 0.70. And the median was 1.82.

NSE:PCBL's PB Ratio is ranked worse than
73.84% of 1575 companies
in the Chemicals industry
Industry Median: 1.68 vs NSE:PCBL: 3.04

During the past 12 months, PCBL Chemical's average Book Value Per Share Growth Rate was 3.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 13.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of PCBL Chemical was 31.60% per year. The lowest was -2.10% per year. And the median was 15.00% per year.

Back to Basics: PB Ratio


PCBL Chemical  (NSE:PCBL) 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.


PCBL Chemical PB Ratio Related Terms


PCBL Chemical PB Ratio Historical Data

* Premium members only.

The historical data trend for PCBL Chemical'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.

PCBL Chemical PB Ratio Chart

PCBL Chemical 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 1.65 1.55 3.11 4.32 2.38

PCBL Chemical 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 4.32 0.00 3.64 0.00 2.38

NSE:PCBL vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, PCBL Chemical'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.


PCBL Chemical PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PCBL Chemical's PB Ratio distribution charts can be found below:

* The bar in red indicates where PCBL Chemical's PB Ratio falls into.


NSE:PCBL
94GF Score
PCBL Chemical Ltd NSE:PCBL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PCBL Chemical 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.

PCBL Chemical's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=309.55/101.822
=3.04

* 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 3.04 mean?
PCBL Chemical (NSE:PCBL) has a PB Ratio of 3.04 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on PCBL Chemical and its competitors. This is 67% above median its historical median of 1.82. Over the past decade, PCBL Chemical's PB Ratio has ranged from 0.70 to 5.37. According to the industry distribution chart, PCBL Chemical ranks #1163 out of 1575 companies in the Chemicals industry, placing it in the top 73.8%.
Is PCBL Chemical's PB Ratio too high?
PCBL Chemical's current PB Ratio of 3.04 is 67% above median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 5.37. The Chemicals industry median PB Ratio is 1.68. PCBL Chemical's value of 3.04 is 81% above this industry median. Based on the distribution chart, PCBL Chemical ranks #1163 out of 1575 companies in the Chemicals industry, which is below the industry midpoint. Overall, PCBL Chemical has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PCBL Chemical's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, PCBL Chemical ranks #1163 out of 1575 companies for PB Ratio. This places PCBL Chemical in the lower half of its industry. The industry median PB Ratio is 1.68. PCBL Chemical's value of 3.04 is 81% above this benchmark. Historically, PCBL Chemical's own PB Ratio has ranged from 0.70 to 5.37 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 1.68, PCBL Chemical 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.68, based on 1,575 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. PCBL Chemical's current PB Ratio of 3.04 is 81% 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 PCBL Chemical and its competitors. For the Chemicals industry, the median PB Ratio is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PCBL Chemical's current PB Ratio is 3.04, which is 67% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PCBL Chemical stock overvalued right now?
Based on GuruFocus' analysis, PCBL Chemical (NSE:PCBL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹374.11, compared to a current price of ₹309.55 — trading 17.3% below its estimated fair value. The current PB Ratio is 3.04, which is 67% above median its 10-year median of 1.82 and 81% above the Chemicals industry median of 1.68. PCBL Chemical's overall GF Score™ is 94/100 with 7 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 PCBL Chemical (NSE:PCBL), the current PB Ratio is 3.04 as of Jul. 13, 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 PCBL Chemical (NSE:PCBL) Overvalued in 2026?

Based on GuruFocus' analysis, PCBL Chemical stock appears to be undervalued. The current stock price of ₹309.55 is trading 17.3% below its estimated GF Value™ of ₹374.11. GuruFocus considers PCBL Chemical to be Modestly Undervalued.

Key valuation signals for NSE:PCBL:

  • PB Ratio: 3.04 (67% above median its 10-year median of 1.82)
  • GF Value™: ₹374.11 vs. price of ₹309.55 (17.3% below fair value)
  • GF Score™: 94/100 with 7 warning signs
  • Industry Position: 81% above the Chemicals median (#1163 of 1575)

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


PCBL Chemical Business Description

Other Exchanges 506590:India
Address 2/4 Judges Court Road, RPSG House, 4th Floor, Kolkata, WB, IND, 700 027
PCBL Chemical Ltd is mainly engaged in the manufacturing of carbon black. The business activities of the entity are functioned through the segments of Carbon Black, Specialty Chemicals, and Power. Carbon black is a reinforcing filler used in rubber compounds and enhances rubber properties. Specialty Chemicals are used as a pigment in plastics, inks, coatings, and many other applications.
94GF Score

Get the complete analysis for NSE:PCBL

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

₹309.55
Price
₹374.11
GF Value