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Mini Diamonds (India)BOM:523373 -0.96%60 PB Ratio is 1.92 as of Aug. 09, 2026, which is 153% above its 10-year median of 0.76. GuruFocus rates BOM:523373 with a GF Score™ of 60/100 and a GF Value™ of ₹4.75 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,083 Retail - Cyclical companies, Mini Diamonds (India) ranks worse than 60.57% on this metric.
Mini Diamonds (India) Ltd stock PB Ratio (=1.92) is close to 2-year low of 1.92.
The historical rank and industry rank for Mini Diamonds (India)'s PB Ratio or its related term are showing as below:
BOM:523373'
s PB Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.76 Max: 8.27
Current: 1.92
During the past 13 years, Mini Diamonds (India)'s highest PB Ratio was 8.27. The lowest was 0.12. And the median was 0.76.
BOM:523373's PB Ratio is ranked worse than 60.57% of 1083
companies
in the Retail - Cyclical industry
Industry Median: 1.5
vs BOM:523373: 1.92
During the past 12 months, Mini Diamonds (India)'s average Book Value Per Share Growth Rate was 1.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 12.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mini Diamonds (India) was 16.80% per year. The lowest was -9.10% per year. And the median was 5.15% 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.
* 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 Luxury Goods subindustry, Mini Diamonds (India)'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.
Mini Diamonds (India) PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Mini Diamonds (India)'s PB Ratio distribution charts can be found below:
* The bar in red indicates where Mini Diamonds (India)'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.
Mini Diamonds (India) (BOM:523373) has a PB Ratio of 1.92 as of Aug. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Mini Diamonds (India) and its competitors. This is 153% above median its historical median of 0.76. Over the past decade, Mini Diamonds (India)'s PB Ratio has ranged from 0.12 to 8.27. According to the industry distribution chart, Mini Diamonds (India) ranks #656 out of 1083 companies in the Retail - Cyclical industry, placing it in the top 60.6%.
Is Mini Diamonds (India)'s PB Ratio too high?
Mini Diamonds (India)'s current PB Ratio of 1.92 is 153% above median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 8.27. The Retail - Cyclical industry median PB Ratio is 1.50. Mini Diamonds (India)'s value of 1.92 is 28% above this industry median. Based on the distribution chart, Mini Diamonds (India) ranks #656 out of 1083 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Mini Diamonds (India) has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mini Diamonds (India)'s PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Mini Diamonds (India) ranks #656 out of 1083 companies for PB Ratio. This places Mini Diamonds (India) in the lower half of its industry. The industry median PB Ratio is 1.50. Mini Diamonds (India)'s value of 1.92 is 28% above this benchmark. Historically, Mini Diamonds (India)'s own PB Ratio has ranged from 0.12 to 8.27 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 1.50, Mini Diamonds (India) 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.50, based on 1,083 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. Mini Diamonds (India)'s current PB Ratio of 1.92 is 28% 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 Mini Diamonds (India) and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mini Diamonds (India)'s current PB Ratio is 1.92, which is 153% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mini Diamonds (India) stock overvalued right now?
Based on GuruFocus' analysis, Mini Diamonds (India) (BOM:523373) is currently considered Fairly Valued. The stock's GF Value™ is ₹4.75, compared to a current price of ₹5.18 — trading 9.1% above its estimated fair value. The current PB Ratio is 1.92, which is 153% above median its 10-year median of 0.76 and 28% above the Retail - Cyclical industry median of 1.50. Mini Diamonds (India)'s overall GF Score™ is 60/100 with 5 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 Mini Diamonds (India) (BOM:523373), the current PB Ratio is 1.92 as of Aug. 09, 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 Mini Diamonds (India) (BOM:523373) Overvalued in 2026?
Based on GuruFocus' analysis, Mini Diamonds (India) stock appears to be overvalued.
The current stock price of ₹5.18 is trading 9.1% above its estimated GF Value™ of ₹4.75.
GuruFocus considers Mini Diamonds (India) to be Fairly Valued.
Key valuation signals for BOM:523373:
PB Ratio: 1.92 (153% above median its 10-year median of 0.76)
GF Value™: ₹4.75 vs. price of ₹5.18 (9.1% above fair value)
Industry Position: 28% above the Retail - Cyclical median (#656 of 1083)
No single metric tells the full story. See the BOM:523373 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mini Diamonds (India) Ltd is engaged in cutting and polishing of diamonds and trading. The diamonds provided by the company include cut and polished diamonds with all modern machinery like Sarin Technology, Auto Bruting Machines, Semi Automatic Polishing Mills, Sawing Machines, etc. It operates in one segment, which is Jewellery manufacturing. Geographically, the company generates revenue from Belgium, UAE, Canada, Hong Kong, and India, with the majority of revenue generated from India.
60GF Score
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