Silgo Retail (NSE:SILGO) PB Ratio: 1.63 (As of Jul. 31, 2026) — 16% 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:SILGO Silgo Retail Ltd NSE:SILGO
53 GF Score
Price ₹70.37
GF Value ₹28.61
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Silgo Retail PB Ratio?

Silgo Retail NSE:SILGO -0.49% 53 PB Ratio is 1.63 as of Jul. 31, 2026, which is 16% above its 10-year median of 1.41. GuruFocus rates NSE:SILGO with a GF Score™ of 53/100 and a GF Value™ of ₹28.61 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,084 Retail - Cyclical companies, Silgo Retail ranks worse than 53.6% 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 (2026-07-31), Silgo Retail's share price is ₹70.37. Silgo Retail's Book Value per Share for the quarter that ended in Sep. 2025 was ₹43.19. Hence, Silgo Retail's PB Ratio of today is 1.63.

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

NSE:SILGO' s PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.41   Max: 2.19
Current: 1.63

During the past 10 years, Silgo Retail's highest PB Ratio was 2.19. The lowest was 0.52. And the median was 1.41.

NSE:SILGO's PB Ratio is ranked worse than
53.6% of 1084 companies
in the Retail - Cyclical industry
Industry Median: 1.48 vs NSE:SILGO: 1.63

During the past 12 months, Silgo Retail's average Book Value Per Share Growth Rate was 52.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.20% per year.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Silgo Retail was 869.80% per year. The lowest was 10.10% per year. And the median was 23.40% per year.

Back to Basics: PB Ratio


Silgo Retail  (NSE:SILGO) 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.


Silgo Retail PB Ratio Related Terms


Silgo Retail PB Ratio Historical Data

* Premium members only.

The historical data trend for Silgo Retail'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.

Silgo Retail PB Ratio Chart

Silgo Retail Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.22 1.05 0.52 0.91 1.42

Silgo Retail Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 1.41 0.00 1.42 0.00 1.45

NSE:SILGO vs TPR: PB Ratio Comparison

For the Luxury Goods subindustry, Silgo Retail'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.


Silgo Retail PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Silgo Retail's PB Ratio distribution charts can be found below:

* The bar in red indicates where Silgo Retail's PB Ratio falls into.


NSE:SILGO
53GF Score
Silgo Retail Ltd NSE:SILGO
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Silgo Retail 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.

Silgo Retail's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2025)
=70.37/43.194
=1.63

* 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 1.63 mean?
Silgo Retail (NSE:SILGO) has a PB Ratio of 1.63 as of Jul. 31, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Silgo Retail and its competitors. This is 16% above median its historical median of 1.41. Over the past decade, Silgo Retail's PB Ratio has ranged from 0.52 to 2.19. According to the industry distribution chart, Silgo Retail ranks #581 out of 1084 companies in the Retail - Cyclical industry, placing it in the top 53.6%.
Is Silgo Retail's PB Ratio too high?
Silgo Retail's current PB Ratio of 1.63 is 16% above median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 2.19. The Retail - Cyclical industry median PB Ratio is 1.48. Silgo Retail's value of 1.63 is 10.1% above this industry median. Based on the distribution chart, Silgo Retail ranks #581 out of 1084 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Silgo Retail has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Silgo Retail's PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Silgo Retail ranks #581 out of 1084 companies for PB Ratio. This places Silgo Retail in the lower half of its industry. The industry median PB Ratio is 1.48. Silgo Retail's value of 1.63 is 10.1% above this benchmark. Historically, Silgo Retail's own PB Ratio has ranged from 0.52 to 2.19 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 1.48, Silgo Retail 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.48, based on 1,084 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. Silgo Retail's current PB Ratio of 1.63 is 10.1% 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 Silgo Retail and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silgo Retail's current PB Ratio is 1.63, which is 16% above median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silgo Retail stock overvalued right now?
Based on GuruFocus' analysis, Silgo Retail (NSE:SILGO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹28.61, compared to a current price of ₹70.37 — trading 146% above its estimated fair value. The current PB Ratio is 1.63, which is 16% above median its 10-year median of 1.41 and 10.1% above the Retail - Cyclical industry median of 1.48. Silgo Retail's overall GF Score™ is 53/100 with 1 warning sign 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 Silgo Retail (NSE:SILGO), the current PB Ratio is 1.63 as of Jul. 31, 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 Silgo Retail (NSE:SILGO) Overvalued in 2026?

Based on GuruFocus' analysis, Silgo Retail stock appears to be overvalued. The current stock price of ₹70.37 is trading 146% above its estimated GF Value™ of ₹28.61. GuruFocus considers Silgo Retail to be Significantly Overvalued.

Key valuation signals for NSE:SILGO:

  • PB Ratio: 1.63 (16% above median its 10-year median of 1.41)
  • GF Value™: ₹28.61 vs. price of ₹70.37 (146% above fair value)
  • GF Score™: 53/100 with 1 warning sign
  • Industry Position: 10.1% above the Retail - Cyclical median (#581 of 1084)

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


Silgo Retail Business Description

Address Jawaharlal Nehru Marg, B-11, Mahalaxmi Nagar, Jaipur, RJ, IND, 302017
Silgo Retail Ltd is an Indian company specializing in the trade, manufacturing, and selling of silver jewelry and precious stones. The company's product portfolio includes a wide variety of hallmarked silver jewelry, ensuring quality and authenticity. Its offerings encompass various items such as rings, earrings, pendants, bracelets, necklaces, and bangles. With a focus on craftsmanship and certified products, Silgo Retail Ltd aims to cater to domestic and international markets, positioning itself as a key player in silver jewelry.
53GF Score

Get the complete analysis for NSE:SILGO

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

₹70.37
Price
₹28.61
GF Value