Carborundum Universal (BOM:513375) PB Ratio: 5.63 (As of Aug. 16, 2026) — 18% 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.

BOM:513375 Carborundum Universal Ltd BOM:513375
94 GF Score
Price ₹1,151.85
GF Value ₹1,239.91
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Carborundum Universal PB Ratio?

Carborundum Universal BOM:513375 -2.74% 94 PB Ratio is 5.63 as of Aug. 16, 2026, which is 18% above its 10-year median of 4.76. GuruFocus rates BOM:513375 with a GF Score™ of 94/100 and a GF Value™ of ₹1,239.91 (Fairly Valued). The stock has 7 warning signs investors should review. Among 537 Conglomerates companies, Carborundum Universal ranks worse than 93.85% 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 (2026-08-16), Carborundum Universal's share price is ₹1151.85. Carborundum Universal's Book Value per Share for the quarter that ended in Jun. 2026 was ₹204.72. Hence, Carborundum Universal's PB Ratio of today is 5.63.

Warning Sign:

Carborundum Universal Ltd stock PB Ratio (=5.63) is close to 1-year high of 6.06.

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

BOM:513375' s PB Ratio Range Over the Past 10 Years
Min: 2.08   Med: 4.76   Max: 10.8
Current: 5.63

During the past 13 years, Carborundum Universal's highest PB Ratio was 10.80. The lowest was 2.08. And the median was 4.76.

BOM:513375's PB Ratio is ranked worse than
93.85% of 537 companies
in the Conglomerates industry
Industry Median: 1.07 vs BOM:513375: 5.63

During the past 12 months, Carborundum Universal's average Book Value Per Share Growth Rate was 10.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 12.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Carborundum Universal was 23.30% per year. The lowest was -1.20% per year. And the median was 12.90% per year.

Back to Basics: PB Ratio


Carborundum Universal  (BOM:513375) 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.


Carborundum Universal PB Ratio Related Terms


Carborundum Universal PB Ratio Historical Data

* Premium members only.

The historical data trend for Carborundum Universal'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.

Carborundum Universal PB Ratio Chart

Carborundum Universal Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.41 6.67 7.71 5.50 3.79

Carborundum Universal Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 4.70 0.00 3.79 0.00

BOM:513375 vs MMM, HON: PB Ratio Comparison

For the Conglomerates subindustry, Carborundum Universal'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.


Carborundum Universal PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Carborundum Universal's PB Ratio distribution charts can be found below:

* The bar in red indicates where Carborundum Universal's PB Ratio falls into.


BOM:513375
94GF Score
Carborundum Universal Ltd BOM:513375
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carborundum Universal 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.

Carborundum Universal's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=1151.85/204.723
=5.63

* 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 5.63 mean?
Carborundum Universal (BOM:513375) has a PB Ratio of 5.63 as of Aug. 16, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Carborundum Universal and its competitors. This is 18% above median its historical median of 4.76. Over the past decade, Carborundum Universal's PB Ratio has ranged from 2.08 to 10.80. According to the industry distribution chart, Carborundum Universal ranks #504 out of 537 companies in the Conglomerates industry, placing it in the top 93.9%.
Is Carborundum Universal's PB Ratio too high?
Carborundum Universal's current PB Ratio of 5.63 is 18% above median its 10-year median of 4.76. Over the past 10 years, this metric has ranged from a low of 2.08 to a high of 10.80. The Conglomerates industry median PB Ratio is 1.07. Carborundum Universal's value of 5.63 is 426.2% above this industry median. Based on the distribution chart, Carborundum Universal ranks #504 out of 537 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Carborundum Universal has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Carborundum Universal's PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Carborundum Universal ranks #504 out of 537 companies for PB Ratio. This places Carborundum Universal in the lower half of its industry. The industry median PB Ratio is 1.07. Carborundum Universal's value of 5.63 is 426.2% above this benchmark. Historically, Carborundum Universal's own PB Ratio has ranged from 2.08 to 10.80 over the past decade. While the company's 10-year median is 4.76 vs. the industry median of 1.07, Carborundum Universal 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.07, based on 537 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. Carborundum Universal's current PB Ratio of 5.63 is 426.2% 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 Carborundum Universal and its competitors. For the Conglomerates industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carborundum Universal's current PB Ratio is 5.63, which is 18% above median its own 10-year median of 4.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carborundum Universal stock overvalued right now?
Based on GuruFocus' analysis, Carborundum Universal (BOM:513375) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,239.91, compared to a current price of ₹1,151.85 — trading 7.1% below its estimated fair value. The current PB Ratio is 5.63, which is 18% above median its 10-year median of 4.76 and 426.2% above the Conglomerates industry median of 1.07. Carborundum Universal's overall GF Score™ is 94/100 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 Carborundum Universal (BOM:513375), the current PB Ratio is 5.63 as of Aug. 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 Carborundum Universal (BOM:513375) Overvalued in 2026?

Based on GuruFocus' analysis, Carborundum Universal stock appears to be undervalued. The current stock price of ₹1,151.85 is trading 7.1% below its estimated GF Value™ of ₹1,239.91. GuruFocus considers Carborundum Universal to be Fairly Valued.

Key valuation signals for BOM:513375:

  • PB Ratio: 5.63 (18% above median its 10-year median of 4.76)
  • GF Value™: ₹1,239.91 vs. price of ₹1,151.85 (7.1% below fair value)
  • GF Score™: 94/100 with 7 warning signs
  • Industry Position: 426.2% above the Conglomerates median (#504 of 537)

No single metric tells the full story. See the BOM:513375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carborundum Universal Business Description

Other Exchanges CARBORUNIV:India
Address 43 Moore Street, Parry House, Chennai, TN, IND, 600001
Carborundum Universal Ltd is an investment holding company. Along with its subsidiaries, it mainly provides solutions predominantly for industrial manufacturing needs by developing, manufacturing, and marketing products using the properties of materials known as electrominerals. The company's reportable business segments are; Surface engineering (material removal, cutting, polishing) known as Abrasives; Ceramics; Electrominerals; Power; IT services; and others. Maximum revenue is derived from the Abrasives segment which is comprised of bonded, coated, processed cloth, polymers, power tools, and coolants. The company generates maximum revenue through exports and the rest from its business in India.
94GF Score

Get the complete analysis for BOM:513375

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

₹1,151.85
Price
₹1,239.91
GF Value