Kitex Garments (BOM:521248) PB Ratio: 2.84 (As of Jul. 27, 2026) — Near Median

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BOM:521248 Kitex Garments Ltd BOM:521248
67 GF Score
Price ₹146.85
GF Value ₹134.78
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Kitex Garments PB Ratio?

Kitex Garments BOM:521248 +1.80% 67 PB Ratio is 2.84 as of Jul. 27, 2026, which is 4% below its 10-year median of 2.96. GuruFocus rates BOM:521248 with a GF Score™ of 67/100 and a GF Value™ of ₹134.78 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,005 Manufacturing - Apparel & Accessories companies, Kitex Garments ranks worse than 82.19% 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), Kitex Garments's share price is ₹146.85. Kitex Garments's Book Value per Share for the quarter that ended in Mar. 2026 was ₹51.62. Hence, Kitex Garments's PB Ratio of today is 2.84.

Good Sign:

Kitex Garments Ltd stock PB Ratio (=2.84) is close to 2-year low of 2.81.

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

BOM:521248' s PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 2.96   Max: 6.54
Current: 2.84

During the past 13 years, Kitex Garments's highest PB Ratio was 6.54. The lowest was 0.89. And the median was 2.96.

BOM:521248's PB Ratio is ranked worse than
82.19% of 1005 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06 vs BOM:521248: 2.84

During the past 12 months, Kitex Garments's average Book Value Per Share Growth Rate was -0.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Kitex Garments was 44.60% per year. The lowest was 6.30% per year. And the median was 15.10% per year.

Back to Basics: PB Ratio


Kitex Garments  (BOM:521248) 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.


Kitex Garments PB Ratio Related Terms


Kitex Garments PB Ratio Historical Data

* Premium members only.

The historical data trend for Kitex Garments'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.

Kitex Garments PB Ratio Chart

Kitex Garments 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 2.04 1.06 1.34 3.47 2.75

Kitex Garments 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 3.47 0.00 3.57 0.00 2.75

BOM:521248 vs RL, LEVI, VFC: PB Ratio Comparison

For the Apparel Manufacturing subindustry, Kitex Garments'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.


Kitex Garments PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kitex Garments's PB Ratio distribution charts can be found below:

* The bar in red indicates where Kitex Garments's PB Ratio falls into.


BOM:521248
67GF Score
Kitex Garments Ltd BOM:521248
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kitex Garments 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.

Kitex Garments's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=146.85/51.62
=2.84

* 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 2.84 mean?
Kitex Garments (BOM:521248) has a PB Ratio of 2.84 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 Kitex Garments and its competitors. This is near median its historical median of 2.96. Over the past decade, Kitex Garments' PB Ratio has ranged from 0.89 to 6.54. According to the industry distribution chart, Kitex Garments ranks #826 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 82.2%.
Is Kitex Garments' PB Ratio too high?
Kitex Garments' current PB Ratio of 2.84 is near median its 10-year median of 2.96. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 6.54. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.06. Kitex Garments' value of 2.84 is 167.9% above this industry median. Based on the distribution chart, Kitex Garments ranks #826 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Kitex Garments has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kitex Garments' PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kitex Garments ranks #826 out of 1005 companies for PB Ratio. This places Kitex Garments in the lower half of its industry. The industry median PB Ratio is 1.06. Kitex Garments' value of 2.84 is 167.9% above this benchmark. Historically, Kitex Garments' own PB Ratio has ranged from 0.89 to 6.54 over the past decade. While the company's 10-year median is 2.96 vs. the industry median of 1.06, Kitex Garments 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.06, based on 1,005 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. Kitex Garments's current PB Ratio of 2.84 is 167.9% 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 Kitex Garments and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kitex Garments's current PB Ratio is 2.84, which is near median its own 10-year median of 2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kitex Garments stock overvalued right now?
Based on GuruFocus' analysis, Kitex Garments (BOM:521248) is currently considered Fairly Valued. The stock's GF Value™ is ₹134.78, compared to a current price of ₹146.85 — trading 9% above its estimated fair value. The current PB Ratio is 2.84, which is near median its 10-year median of 2.96 and 167.9% above the Manufacturing - Apparel & Accessories industry median of 1.06. Kitex Garments' overall GF Score™ is 67/100 with 6 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 Kitex Garments (BOM:521248), the current PB Ratio is 2.84 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 Kitex Garments (BOM:521248) Overvalued in 2026?

Based on GuruFocus' analysis, Kitex Garments stock appears to be overvalued. The current stock price of ₹146.85 is trading 9% above its estimated GF Value™ of ₹134.78. GuruFocus considers Kitex Garments to be Fairly Valued.

Key valuation signals for BOM:521248:

  • PB Ratio: 2.84 (near median its 10-year median of 2.96)
  • GF Value™: ₹134.78 vs. price of ₹146.85 (9% above fair value)
  • GF Score™: 67/100 with 6 warning signs
  • Industry Position: 167.9% above the Manufacturing - Apparel & Accessories median (#826 of 1005)

No single metric tells the full story. See the BOM:521248 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kitex Garments Business Description

Other Exchanges KITEX:India
Address Vilangu P.O., Aluva, Kizhakkambalam, Building No. VI/496, Kunnathunad, Kochi, KL, IND, 683561
Kitex Garments Ltd manufactures cotton garments and fabrics. Garments account for the company's revenue and focus on infant wear such as body suits, sleepwear, rompers, burps, bibs, and training pants. Kitex manufactures the products for companies such as Carters, Gerber, Mothercare, Jockey, Children's Place, Kohl's, and Toys R. The company also owns the Little Star brand and licenses the Lamaze brand for distribution in the United States and Canada. Kitex exports almost all the garments it produces, which it manufactures in India, to the United States and Europe.
67GF Score

Get the complete analysis for BOM:521248

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

₹146.85
Price
₹134.78
GF Value