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Ramkrishna ForgingsNSE:RKFORGE +1.74%85 PB Ratio is 3.11 as of Jul. 16, 2026, which is 1% below its 10-year median of 3.13. GuruFocus rates NSE:RKFORGE with a GF Score™ of 85/100 and a GF Value™ of ₹787.38 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,983 Industrial Products companies, Ramkrishna Forgings ranks worse than 64.93% on this metric.
The historical rank and industry rank for Ramkrishna Forgings's PB Ratio or its related term are showing as below:
NSE:RKFORGE'
s PB Ratio Range Over the Past 10 Years
Min: 0.51 Med: 3.13 Max: 8.47
Current: 3.11
During the past 13 years, Ramkrishna Forgings's highest PB Ratio was 8.47. The lowest was 0.51. And the median was 3.13.
NSE:RKFORGE's PB Ratio is ranked worse than 64.93% of 2983
companies
in the Industrial Products industry
Industry Median: 2.19
vs NSE:RKFORGE: 3.11
During the past 12 months, Ramkrishna Forgings's average Book Value Per Share Growth Rate was 7.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 29.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 30.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 19.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ramkrishna Forgings was 38.00% per year. The lowest was 6.10% per year. And the median was 15.90% per year.
Back to Basics: PB Ratio
Ramkrishna Forgings (NSE:RKFORGE) 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.
Ramkrishna Forgings PB Ratio Related Terms
Ramkrishna Forgings PB Ratio Historical Data
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The historical data trend for Ramkrishna Forgings'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 Metal Fabrication subindustry, Ramkrishna Forgings'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.
Ramkrishna Forgings PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ramkrishna Forgings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ramkrishna Forgings'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.
* 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.
Ramkrishna Forgings (NSE:RKFORGE) has a PB Ratio of 3.11 as of Jul. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ramkrishna Forgings and its competitors. This is near median its historical median of 3.13. Over the past decade, Ramkrishna Forgings' PB Ratio has ranged from 0.51 to 8.47. According to the industry distribution chart, Ramkrishna Forgings ranks #1937 out of 2983 companies in the Industrial Products industry, placing it in the top 64.9%.
Is Ramkrishna Forgings' PB Ratio too high?
Ramkrishna Forgings' current PB Ratio of 3.11 is near median its 10-year median of 3.13. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 8.47. The Industrial Products industry median PB Ratio is 2.19. Ramkrishna Forgings' value of 3.11 is 42% above this industry median. Based on the distribution chart, Ramkrishna Forgings ranks #1937 out of 2983 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ramkrishna Forgings has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ramkrishna Forgings' PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Ramkrishna Forgings ranks #1937 out of 2983 companies for PB Ratio. This places Ramkrishna Forgings in the lower half of its industry. The industry median PB Ratio is 2.19. Ramkrishna Forgings' value of 3.11 is 42% above this benchmark. Historically, Ramkrishna Forgings' own PB Ratio has ranged from 0.51 to 8.47 over the past decade. While the company's 10-year median is 3.13 vs. the industry median of 2.19, Ramkrishna Forgings 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 Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.19, based on 2,983 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. Ramkrishna Forgings's current PB Ratio of 3.11 is 42% 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 Ramkrishna Forgings and its competitors. For the Industrial Products industry, the median PB Ratio is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramkrishna Forgings's current PB Ratio is 3.11, which is near median its own 10-year median of 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramkrishna Forgings stock overvalued right now?
Based on GuruFocus' analysis, Ramkrishna Forgings (NSE:RKFORGE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹787.38, compared to a current price of ₹563.50 — trading 28.4% below its estimated fair value. The current PB Ratio is 3.11, which is near median its 10-year median of 3.13 and 42% above the Industrial Products industry median of 2.19. Ramkrishna Forgings' overall GF Score™ is 85/100 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 Ramkrishna Forgings (NSE:RKFORGE), the current PB Ratio is 3.11 as of Jul. 16, 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 Ramkrishna Forgings (NSE:RKFORGE) Overvalued in 2026?
Based on GuruFocus' analysis, Ramkrishna Forgings stock appears to be undervalued.
The current stock price of ₹563.50 is trading 28.4% below its estimated GF Value™ of ₹787.38.
GuruFocus considers Ramkrishna Forgings to be Modestly Undervalued.
Key valuation signals for NSE:RKFORGE:
PB Ratio: 3.11 (near median its 10-year median of 3.13)
GF Value™: ₹787.38 vs. price of ₹563.50 (28.4% below fair value)
Industry Position: 42% above the Industrial Products median (#1937 of 2983)
No single metric tells the full story. See the NSE:RKFORGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramkrishna Forgings Ltd is an Indian-based company, that engages in the manufacture of forgings and production of metal products. Its product portfolio includes engine components, front and rear axle components, transmission components, crown wheels and bellcrank assemblies, and others. The company's forgings are used in various industries and sectors, including automotive, earth moving and mining, farm equipment, general engineering, railways, steel plants, and others. Geographically the company caters its services to both domestic and overseas markets.
85GF Score
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