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Krishanveer ForgeBOM:513369 +1.82%79 PB Ratio is 2.98 as of Aug. 17, 2026, which is 51% above its 10-year median of 1.98. GuruFocus rates BOM:513369 with a GF Score™ of 79/100 and a GF Value™ of ₹127.30 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,983 Industrial Products companies, Krishanveer Forge ranks worse than 61.98% on this metric.
The historical rank and industry rank for Krishanveer Forge's PB Ratio or its related term are showing as below:
BOM:513369'
s PB Ratio Range Over the Past 10 Years
Min: 0.74 Med: 1.98 Max: 3.98
Current: 2.98
During the past 13 years, Krishanveer Forge's highest PB Ratio was 3.98. The lowest was 0.74. And the median was 1.98.
BOM:513369's PB Ratio is ranked worse than 61.98% of 2983
companies
in the Industrial Products industry
Industry Median: 2.23
vs BOM:513369: 2.98
During the past 12 months, Krishanveer Forge's average Book Value Per Share Growth Rate was 21.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 9.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Krishanveer Forge was 14.90% per year. The lowest was -6.50% per year. And the median was 9.10% per year.
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.
Krishanveer Forge PB Ratio Related Terms
Krishanveer Forge PB Ratio Historical Data
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The historical data trend for Krishanveer Forge'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, Krishanveer Forge'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.
Krishanveer Forge PB Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Krishanveer Forge's PB Ratio distribution charts can be found below:
* The bar in red indicates where Krishanveer Forge'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.
Krishanveer Forge (BOM:513369) has a PB Ratio of 2.98 as of Aug. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Krishanveer Forge and its competitors. This is 51% above median its historical median of 1.98. Over the past decade, Krishanveer Forge's PB Ratio has ranged from 0.74 to 3.98. According to the industry distribution chart, Krishanveer Forge ranks #1849 out of 2983 companies in the Industrial Products industry, placing it in the top 62%.
Is Krishanveer Forge's PB Ratio too high?
Krishanveer Forge's current PB Ratio of 2.98 is 51% above median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 3.98. The Industrial Products industry median PB Ratio is 2.23. Krishanveer Forge's value of 2.98 is 33.6% above this industry median. Based on the distribution chart, Krishanveer Forge ranks #1849 out of 2983 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Krishanveer Forge has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Krishanveer Forge's PB Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Krishanveer Forge ranks #1849 out of 2983 companies for PB Ratio. This places Krishanveer Forge in the lower half of its industry. The industry median PB Ratio is 2.23. Krishanveer Forge's value of 2.98 is 33.6% above this benchmark. Historically, Krishanveer Forge's own PB Ratio has ranged from 0.74 to 3.98 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 2.23, Krishanveer Forge 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 2.23, 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. Krishanveer Forge's current PB Ratio of 2.98 is 33.6% 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 Krishanveer Forge and its competitors. For the Industrial Products industry, the median PB Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Krishanveer Forge's current PB Ratio is 2.98, which is 51% above median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krishanveer Forge stock overvalued right now?
Based on GuruFocus' analysis, Krishanveer Forge (BOM:513369) is currently considered Fairly Valued. The stock's GF Value™ is ₹127.30, compared to a current price of ₹140.00 — trading 10% above its estimated fair value. The current PB Ratio is 2.98, which is 51% above median its 10-year median of 1.98 and 33.6% above the Industrial Products industry median of 2.23. Krishanveer Forge's overall GF Score™ is 79/100 with 2 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 Krishanveer Forge (BOM:513369), the current PB Ratio is 2.98 as of Aug. 17, 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 Krishanveer Forge (BOM:513369) Overvalued in 2026?
Based on GuruFocus' analysis, Krishanveer Forge stock appears to be overvalued.
The current stock price of ₹140.00 is trading 10% above its estimated GF Value™ of ₹127.30.
GuruFocus considers Krishanveer Forge to be Fairly Valued.
Key valuation signals for BOM:513369:
PB Ratio: 2.98 (51% above median its 10-year median of 1.98)
GF Value™: ₹127.30 vs. price of ₹140.00 (10% above fair value)
Industry Position: 33.6% above the Industrial Products median (#1849 of 2983)
No single metric tells the full story. See the BOM:513369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Krishanveer Forge Ltd is engaged in the business of manufacturing and selling open die forging facilities catering across industries including oil and Gas, infrastructure, Power transmission, mining, and construction. It has one segment namely, the manufacture of forgings. The products in which the company deals are mill roller shafts, gear shafts, tail bars, gear rings, blanks, table rolls, pinions, spindles, elongator rolls, wobblers, and gearing components. Geographically, it derives a majority of its revenue from India.
79GF Score
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