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Kajaria CeramicsBOM:500233 +0.20%90 PB Ratio is 6.30 as of Jul. 27, 2026, which is 10% below its 10-year median of 7.03. GuruFocus rates BOM:500233 with a GF Score™ of 90/100 and a GF Value™ of ₹1,327.12 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,721 Construction companies, Kajaria Ceramics ranks worse than 90.47% 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 (2026-07-27), Kajaria Ceramics's share price is ₹1212.65. Kajaria Ceramics's Book Value per Share for the quarter that ended in Mar. 2026 was ₹192.48. Hence, Kajaria Ceramics's PB Ratio of today is 6.30.
Warning Sign:
Kajaria Ceramics Ltd stock PB Ratio (=6.3) is close to 1-year high of 6.76.
The historical rank and industry rank for Kajaria Ceramics's PB Ratio or its related term are showing as below:
BOM:500233'
s PB Ratio Range Over the Past 10 Years
Min: 2.87 Med: 7.03 Max: 10.22
Current: 6.3
During the past 13 years, Kajaria Ceramics's highest PB Ratio was 10.22. The lowest was 2.87. And the median was 7.03.
BOM:500233's PB Ratio is ranked worse than 90.47% of 1721
companies
in the Construction industry
Industry Median: 1.32
vs BOM:500233: 6.30
During the past 12 months, Kajaria Ceramics's average Book Value Per Share Growth Rate was 11.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 9.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kajaria Ceramics was 35.60% per year. The lowest was 6.00% per year. And the median was 14.85% per year.
Back to Basics: PB Ratio
Kajaria Ceramics (BOM:500233) 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.
Kajaria Ceramics PB Ratio Related Terms
Kajaria Ceramics PB Ratio Historical Data
* Premium members only.
The historical data trend for Kajaria Ceramics'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 Building Products & Equipment subindustry, Kajaria Ceramics'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.
Kajaria Ceramics PB Ratio vs Construction Industry
For the Construction industry and Industrials sector, Kajaria Ceramics's PB Ratio distribution charts can be found below:
* The bar in red indicates where Kajaria Ceramics'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.
Kajaria Ceramics (BOM:500233) has a PB Ratio of 6.30 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Kajaria Ceramics and its competitors. This is 10% below median its historical median of 7.03. Over the past decade, Kajaria Ceramics' PB Ratio has ranged from 2.87 to 10.22. According to the industry distribution chart, Kajaria Ceramics ranks #1557 out of 1721 companies in the Construction industry, placing it in the top 90.5%.
Is Kajaria Ceramics' PB Ratio too high?
Kajaria Ceramics' current PB Ratio of 6.30 is 10% below median its 10-year median of 7.03. Over the past 10 years, this metric has ranged from a low of 2.87 to a high of 10.22. The Construction industry median PB Ratio is 1.32. Kajaria Ceramics' value of 6.30 is 377.3% above this industry median. Based on the distribution chart, Kajaria Ceramics ranks #1557 out of 1721 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Kajaria Ceramics has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kajaria Ceramics' PB Ratio compare to TT and JCI?
According to the Construction industry distribution chart, Kajaria Ceramics ranks #1557 out of 1721 companies for PB Ratio. This places Kajaria Ceramics in the lower half of its industry. The industry median PB Ratio is 1.32. Kajaria Ceramics' value of 6.30 is 377.3% above this benchmark. Historically, Kajaria Ceramics' own PB Ratio has ranged from 2.87 to 10.22 over the past decade. While the company's 10-year median is 7.03 vs. the industry median of 1.32, Kajaria Ceramics 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 Construction company?
The median PB Ratio among Construction companies is 1.32, based on 1,721 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. Kajaria Ceramics's current PB Ratio of 6.30 is 377.3% 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 Kajaria Ceramics and its competitors. For the Construction industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kajaria Ceramics's current PB Ratio is 6.30, which is 10% below median its own 10-year median of 7.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kajaria Ceramics stock overvalued right now?
Based on GuruFocus' analysis, Kajaria Ceramics (BOM:500233) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,327.12, compared to a current price of ₹1,212.65 — trading 8.6% below its estimated fair value. The current PB Ratio is 6.30, which is 10% below median its 10-year median of 7.03 and 377.3% above the Construction industry median of 1.32. Kajaria Ceramics' overall GF Score™ is 90/100 with 4 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 Kajaria Ceramics (BOM:500233), the current PB Ratio is 6.30 as of Jul. 27, 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 Kajaria Ceramics (BOM:500233) Overvalued in 2026?
Based on GuruFocus' analysis, Kajaria Ceramics stock appears to be undervalued.
The current stock price of ₹1,212.65 is trading 8.6% below its estimated GF Value™ of ₹1,327.12.
GuruFocus considers Kajaria Ceramics to be Fairly Valued.
Key valuation signals for BOM:500233:
PB Ratio: 6.30 (10% below median its 10-year median of 7.03)
GF Value™: ₹1,327.12 vs. price of ₹1,212.65 (8.6% below fair value)
Industry Position: 377.3% above the Construction median (#1557 of 1721)
No single metric tells the full story. See the BOM:500233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kajaria Ceramics Ltd is a manufacturer of indoor floor and wall tiles. The product range includes ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitary ware and faucets, and tile adhesives and grout. Kajaria Ceramics' tiles and tile-related products are marketed through a distribution network of dealers and sub-dealers. The company has two operating segments: Tiles and other products, including bathware, sanitaryware, and plywood. The company operates mainly in India, with production and the majority of sales focused there.
90GF Score
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