Tapi Fruit Processing (NSE:TAPIFRUIT) PB Ratio: 2.04 (As of Aug. 15, 2026) — 49% Below 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:TAPIFRUIT Tapi Fruit Processing Ltd NSE:TAPIFRUIT
43 GF Score
Price ₹50.00
GF Value ₹140.80
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Tapi Fruit Processing PB Ratio?

Tapi Fruit Processing NSE:TAPIFRUIT 43 PB Ratio is 2.04 as of Aug. 15, 2026, which is 49% below its 10-year median of 3.98. GuruFocus rates NSE:TAPIFRUIT with a GF Score™ of 43/100 and a GF Value™ of ₹140.80 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,901 Consumer Packaged Goods companies, Tapi Fruit Processing ranks worse than 66.44% 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 (2026-08-15), Tapi Fruit Processing's share price is ₹50.00. Tapi Fruit Processing's Book Value per Share for the quarter that ended in Mar. 2026 was ₹24.49. Hence, Tapi Fruit Processing's PB Ratio of today is 2.04.

Good Sign:

Tapi Fruit Processing Ltd stock PB Ratio (=2.04) is close to 5-year low of 1.94.

The historical rank and industry rank for Tapi Fruit Processing's PB Ratio or its related term are showing as below:

NSE:TAPIFRUIT' s PB Ratio Range Over the Past 10 Years
Min: 1.94   Med: 3.98   Max: 138.4
Current: 2.04

During the past 7 years, Tapi Fruit Processing's highest PB Ratio was 138.40. The lowest was 1.94. And the median was 3.98.

NSE:TAPIFRUIT's PB Ratio is ranked worse than
66.44% of 1901 companies
in the Consumer Packaged Goods industry
Industry Median: 1.4 vs NSE:TAPIFRUIT: 2.04

During the past 12 months, Tapi Fruit Processing's average Book Value Per Share Growth Rate was -12.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 122.40% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Tapi Fruit Processing was 256.20% per year. The lowest was 7.00% per year. And the median was 225.50% per year.

Back to Basics: PB Ratio


Tapi Fruit Processing  (NSE:TAPIFRUIT) 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.


Tapi Fruit Processing PB Ratio Related Terms


Tapi Fruit Processing PB Ratio Historical Data

* Premium members only.

The historical data trend for Tapi Fruit Processing'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.

Tapi Fruit Processing PB Ratio Chart

Tapi Fruit Processing Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 0.00 5.84 3.89 2.66 2.30

Tapi Fruit Processing Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.89 4.16 2.66 3.64 2.31

NSE:TAPIFRUIT vs KHC, GIS: PB Ratio Comparison

For the Packaged Foods subindustry, Tapi Fruit Processing'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.


Tapi Fruit Processing PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tapi Fruit Processing's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tapi Fruit Processing's PB Ratio falls into.


NSE:TAPIFRUIT
43GF Score
Tapi Fruit Processing Ltd NSE:TAPIFRUIT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tapi Fruit Processing 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.

Tapi Fruit Processing's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=50.00/24.486
=2.04

* 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 2.04 mean?
Tapi Fruit Processing (NSE:TAPIFRUIT) has a PB Ratio of 2.04 as of Aug. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tapi Fruit Processing and its competitors. This is 49% below median its historical median of 3.98. Over the past decade, Tapi Fruit Processing's PB Ratio has ranged from 1.94 to 138.40. According to the industry distribution chart, Tapi Fruit Processing ranks #1263 out of 1901 companies in the Consumer Packaged Goods industry, placing it in the top 66.4%.
Is Tapi Fruit Processing's PB Ratio too high?
Tapi Fruit Processing's current PB Ratio of 2.04 is 49% below median its 10-year median of 3.98. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 138.40. The Consumer Packaged Goods industry median PB Ratio is 1.40. Tapi Fruit Processing's value of 2.04 is 45.7% above this industry median. Based on the distribution chart, Tapi Fruit Processing ranks #1263 out of 1901 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Tapi Fruit Processing has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tapi Fruit Processing's PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tapi Fruit Processing ranks #1263 out of 1901 companies for PB Ratio. This places Tapi Fruit Processing in the lower half of its industry. The industry median PB Ratio is 1.40. Tapi Fruit Processing's value of 2.04 is 45.7% above this benchmark. Historically, Tapi Fruit Processing's own PB Ratio has ranged from 1.94 to 138.40 over the past decade. While the company's 10-year median is 3.98 vs. the industry median of 1.40, Tapi Fruit Processing 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 Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.40, based on 1,901 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. Tapi Fruit Processing's current PB Ratio of 2.04 is 45.7% 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 Tapi Fruit Processing and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tapi Fruit Processing's current PB Ratio is 2.04, which is 49% below median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tapi Fruit Processing stock overvalued right now?
Based on GuruFocus' analysis, Tapi Fruit Processing (NSE:TAPIFRUIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹140.80, compared to a current price of ₹50.00 — trading 64.5% below its estimated fair value. The current PB Ratio is 2.04, which is 49% below median its 10-year median of 3.98 and 45.7% above the Consumer Packaged Goods industry median of 1.40. Tapi Fruit Processing's overall GF Score™ is 43/100 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 Tapi Fruit Processing (NSE:TAPIFRUIT), the current PB Ratio is 2.04 as of Aug. 15, 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 Tapi Fruit Processing (NSE:TAPIFRUIT) Overvalued in 2026?

Based on GuruFocus' analysis, Tapi Fruit Processing stock appears to be undervalued. The current stock price of ₹50.00 is trading 64.5% below its estimated GF Value™ of ₹140.80. GuruFocus considers Tapi Fruit Processing to be Possible Value Trap.

Key valuation signals for NSE:TAPIFRUIT:

  • PB Ratio: 2.04 (49% below median its 10-year median of 3.98)
  • GF Value™: ₹140.80 vs. price of ₹50.00 (64.5% below fair value)
  • GF Score™: 43/100 with 7 warning signs
  • Industry Position: 45.7% above the Consumer Packaged Goods median (#1263 of 1901)

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


Tapi Fruit Processing Business Description

Address Varachha Road, Office No. 212 to 214, Sunrise Chambers, Near Ashok Colony, Mini Bazar, Surat, GJ, IND, 395006
Tapi Fruit Processing Ltd is engaged in the manufacturing and selling of jam and jelly-based products such as candied, crystallized, and glazed fruits, fruit bars, fruit jellies, fruit jams, fruit leathers, chutneys and sauces, beverages, fruit crushes, fruit syrups, and nutraceutical products such as vitamin gummies. The company's revenue mainly comes from the sale of food products distributed through distributors, modern trade, direct sales channels, and others. The company has a domestic and international presence in over 20 countries.
43GF Score

Get the complete analysis for NSE:TAPIFRUIT

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

₹50.00
Price
₹140.80
GF Value