Modern Dairies (BOM:519287) PB Ratio: 1.41 (As of Aug. 11, 2026) — 39% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:519287 Modern Dairies Ltd BOM:519287
57 GF Score
Price ₹27.44
GF Value ₹40.10
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Modern Dairies PB Ratio?

Modern Dairies BOM:519287 -2.66% 57 PB Ratio is 1.41 as of Aug. 11, 2026, which is 39% below its 10-year median of 2.32. GuruFocus rates BOM:519287 with a GF Score™ of 57/100 and a GF Value™ of ₹40.10 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,899 Consumer Packaged Goods companies, Modern Dairies ranks worse than 50.29% 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 (2026-08-11), Modern Dairies's share price is ₹27.44. Modern Dairies's Book Value per Share for the quarter that ended in Mar. 2026 was ₹19.48. Hence, Modern Dairies's PB Ratio of today is 1.41.

Good Sign:

Modern Dairies Ltd stock PB Ratio (=1.45) is close to 2-year low of 1.43.

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

BOM:519287' s PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 2.32   Max: 3.61
Current: 1.41

During the past 13 years, Modern Dairies's highest PB Ratio was 3.61. The lowest was 1.41. And the median was 2.32.

BOM:519287's PB Ratio is ranked worse than
50.29% of 1899 companies
in the Consumer Packaged Goods industry
Industry Median: 1.4 vs BOM:519287: 1.41

During the past 12 months, Modern Dairies's average Book Value Per Share Growth Rate was 23.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Modern Dairies was 18.30% per year. The lowest was -83.10% per year. And the median was -12.20% per year.

Back to Basics: PB Ratio


Modern Dairies  (BOM:519287) 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.


Modern Dairies PB Ratio Related Terms


Modern Dairies PB Ratio Historical Data

* Premium members only.

The historical data trend for Modern Dairies'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.

Modern Dairies PB Ratio Chart

Modern Dairies 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 0.00 0.00 0.00 3.38 1.68

Modern Dairies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.38 0.00 2.78 0.00 1.68

BOM:519287 vs KHC, GIS: PB Ratio Comparison

For the Packaged Foods subindustry, Modern Dairies'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.


Modern Dairies PB Ratio vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Modern Dairies's PB Ratio falls into.


BOM:519287
57GF Score
Modern Dairies Ltd BOM:519287
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Modern Dairies 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.

Modern Dairies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=27.44/19.479
=1.41

* 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 1.41 mean?
Modern Dairies (BOM:519287) has a PB Ratio of 1.41 as of Aug. 11, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Modern Dairies and its competitors. This is 39% below median its historical median of 2.32. Over the past decade, Modern Dairies' PB Ratio has ranged from 1.41 to 3.61. According to the industry distribution chart, Modern Dairies ranks #955 out of 1899 companies in the Consumer Packaged Goods industry, placing it in the top 50.3%.
Is Modern Dairies' PB Ratio too high?
Modern Dairies' current PB Ratio of 1.41 is 39% below median its 10-year median of 2.32. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 3.61. The Consumer Packaged Goods industry median PB Ratio is 1.40. Modern Dairies' value of 1.41 is 0.7% above this industry median. Based on the distribution chart, Modern Dairies ranks #955 out of 1899 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Modern Dairies has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Modern Dairies' PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Modern Dairies ranks #955 out of 1899 companies for PB Ratio. This places Modern Dairies in the lower half of its industry. The industry median PB Ratio is 1.40. Modern Dairies' value of 1.41 is 0.7% above this benchmark. Historically, Modern Dairies' own PB Ratio has ranged from 1.41 to 3.61 over the past decade. While the company's 10-year median is 2.32 vs. the industry median of 1.40, Modern Dairies 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 1,899 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. Modern Dairies's current PB Ratio of 1.41 is 0.7% 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 Modern Dairies 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. Modern Dairies's current PB Ratio is 1.41, which is 39% below median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Modern Dairies stock overvalued right now?
Based on GuruFocus' analysis, Modern Dairies (BOM:519287) is currently considered Possible Value Trap. The stock's GF Value™ is ₹40.10, compared to a current price of ₹27.44 — trading 31.6% below its estimated fair value. The current PB Ratio is 1.41, which is 39% below median its 10-year median of 2.32 and 0.7% above the Consumer Packaged Goods industry median of 1.40. Modern Dairies' overall GF Score™ is 57/100 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 Modern Dairies (BOM:519287), the current PB Ratio is 1.41 as of Aug. 11, 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 Modern Dairies (BOM:519287) Overvalued in 2026?

Based on GuruFocus' analysis, Modern Dairies stock appears to be undervalued. The current stock price of ₹27.44 is trading 31.6% below its estimated GF Value™ of ₹40.10. GuruFocus considers Modern Dairies to be Possible Value Trap.

Key valuation signals for BOM:519287:

  • PB Ratio: 1.41 (39% below median its 10-year median of 2.32)
  • GF Value™: ₹40.10 vs. price of ₹27.44 (31.6% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 0.7% above the Consumer Packaged Goods median (#955 of 1899)

No single metric tells the full story. See the BOM:519287 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Modern Dairies Business Description

Address SCO 98-99, Sub City Centre, Sector 34, Chandigarh, IND, 160022
Modern Dairies Ltd is engaged in the business of manufacturing and processing milk and milk products. Its products include casein, lactose, skimmed milk powder, cheese, butter, pure ghee, and premix. The company caters to both domestic and international markets. It has also launched fresh dairy products like milk in sachets, Curd, fermented milk products, and cheese in its own brand.
57GF Score

Get the complete analysis for BOM:519287

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

₹27.44
Price
₹40.10
GF Value