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Rex Pipes and Cables IndustriesNSE:REXPIPES 61 PB Ratio is 3.93 as of Jul. 22, 2026, which is 54% above its 10-year median of 2.55. GuruFocus rates NSE:REXPIPES with a GF Score™ of 61/100 and a GF Value™ of ₹76.32 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,575 Chemicals companies, Rex Pipes and Cables Industries ranks worse than 82.79% on this metric.
The historical rank and industry rank for Rex Pipes and Cables Industries's PB Ratio or its related term are showing as below:
NSE:REXPIPES'
s PB Ratio Range Over the Past 10 Years
Min: 1.25 Med: 2.55 Max: 5.23
Current: 3.93
During the past 9 years, Rex Pipes and Cables Industries's highest PB Ratio was 5.23. The lowest was 1.25. And the median was 2.55.
NSE:REXPIPES's PB Ratio is ranked worse than 82.79% of 1575
companies
in the Chemicals industry
Industry Median: 1.63
vs NSE:REXPIPES: 3.93
During the past 12 months, Rex Pipes and Cables Industries's average Book Value Per Share Growth Rate was 12.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 24.70% per year.
During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Rex Pipes and Cables Industries was 35.30% per year. The lowest was 11.50% per year. And the median was 23.00% per year.
Back to Basics: PB Ratio
Rex Pipes and Cables Industries (NSE:REXPIPES) 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.
Rex Pipes and Cables Industries PB Ratio Related Terms
Rex Pipes and Cables Industries 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:REXPIPES vs LIN, SHW, ECL: PB Ratio Comparison
For the Specialty Chemicals subindustry, Rex Pipes and Cables 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.
Rex Pipes and Cables Industries PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Rex Pipes and Cables Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Rex Pipes and Cables Industries's PB Ratio falls into.
Rex Pipes and Cables Industries 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.
Rex Pipes and Cables Industries (NSE:REXPIPES) has a PB Ratio of 3.93 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Rex Pipes and Cables Industries and its competitors. This is 54% above median its historical median of 2.55. Over the past decade, Rex Pipes and Cables Industries' PB Ratio has ranged from 1.25 to 5.23. According to the industry distribution chart, Rex Pipes and Cables Industries ranks #1304 out of 1575 companies in the Chemicals industry, placing it in the top 82.8%.
Is Rex Pipes and Cables Industries' PB Ratio too high?
Rex Pipes and Cables Industries' current PB Ratio of 3.93 is 54% above median its 10-year median of 2.55. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 5.23. The Chemicals industry median PB Ratio is 1.63. Rex Pipes and Cables Industries' value of 3.93 is 141.1% above this industry median. Based on the distribution chart, Rex Pipes and Cables Industries ranks #1304 out of 1575 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Rex Pipes and Cables Industries has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rex Pipes and Cables Industries' PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Rex Pipes and Cables Industries ranks #1304 out of 1575 companies for PB Ratio. This places Rex Pipes and Cables Industries in the lower half of its industry. The industry median PB Ratio is 1.63. Rex Pipes and Cables Industries' value of 3.93 is 141.1% above this benchmark. Historically, Rex Pipes and Cables Industries' own PB Ratio has ranged from 1.25 to 5.23 over the past decade. While the company's 10-year median is 2.55 vs. the industry median of 1.63, Rex Pipes and Cables 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.63, 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. Rex Pipes and Cables Industries's current PB Ratio of 3.93 is 141.1% 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 Rex Pipes and Cables Industries and its competitors. For the Chemicals industry, the median PB Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rex Pipes and Cables Industries's current PB Ratio is 3.93, which is 54% above median its own 10-year median of 2.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rex Pipes and Cables Industries stock overvalued right now?
Based on GuruFocus' analysis, Rex Pipes and Cables Industries (NSE:REXPIPES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹76.32, compared to a current price of ₹171.00 — trading 124.1% above its estimated fair value. The current PB Ratio is 3.93, which is 54% above median its 10-year median of 2.55 and 141.1% above the Chemicals industry median of 1.63. Rex Pipes and Cables Industries' overall GF Score™ is 61/100 with 5 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 Rex Pipes and Cables Industries (NSE:REXPIPES), the current PB Ratio is 3.93 as of Jul. 22, 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 Rex Pipes and Cables Industries (NSE:REXPIPES) Overvalued in 2026?
Based on GuruFocus' analysis, Rex Pipes and Cables Industries stock appears to be overvalued.
The current stock price of ₹171.00 is trading 124.1% above its estimated GF Value™ of ₹76.32.
GuruFocus considers Rex Pipes and Cables Industries to be Significantly Overvalued.
Key valuation signals for NSE:REXPIPES:
PB Ratio: 3.93 (54% above median its 10-year median of 2.55)
GF Value™: ₹76.32 vs. price of ₹171.00 (124.1% above fair value)
Industry Position: 141.1% above the Chemicals median (#1304 of 1575)
No single metric tells the full story. See the NSE:REXPIPES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rex Pipes and Cables Industries Business Description
Rex Pipes and Cables Industries Ltd operates in the PVC products market, manufacturing environment-friendly PVC pipes and allied products designed for irrigation, plumbing, industrial, domestic and technical applications. The Company serves agriculture, power, construction and engineering sectors, producing insulated winding wires, PVC and HDPE pipes, low-voltage PVC cables up to 1.1 KV, flexible house wires and screened cables supplied through dealer and distributor networks. Its product portfolio includes PVC electrical conduit pipes, three-core flat cables, single-core flexible house wires, sprinkler systems, HDPE coils and pipes, as well as automobile-related products such as shipping containers, commercial container trucks, vanity vans, motorhomes, camper cars, RVs and school buses.
61GF Score
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