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Choksi LaboratoriesBOM:526546 57 PB Ratio is 3.22 as of Aug. 09, 2026, which is 262% above its 10-year median of 0.89. GuruFocus rates BOM:526546 with a GF Score™ of 57/100 and a GF Value™ of ₹97.92 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 194 Medical Diagnostics & Research companies, Choksi Laboratories ranks worse than 67.53% on this metric.
The historical rank and industry rank for Choksi Laboratories's PB Ratio or its related term are showing as below:
BOM:526546'
s PB Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.89 Max: 5.3
Current: 3.22
During the past 13 years, Choksi Laboratories's highest PB Ratio was 5.30. The lowest was 0.29. And the median was 0.89.
BOM:526546's PB Ratio is ranked worse than 67.53% of 194
companies
in the Medical Diagnostics & Research industry
Industry Median: 2.195
vs BOM:526546: 3.22
During the past 12 months, Choksi Laboratories's average Book Value Per Share Growth Rate was 8.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Choksi Laboratories was 9.70% per year. The lowest was -9.30% per year. And the median was 2.30% 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.
Choksi Laboratories PB Ratio Related Terms
Choksi Laboratories PB Ratio Historical Data
* Premium members only.
The historical data trend for Choksi Laboratories'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 Diagnostics & Research subindustry, Choksi Laboratories'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.
Choksi Laboratories PB Ratio vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Choksi Laboratories's PB Ratio distribution charts can be found below:
* The bar in red indicates where Choksi Laboratories'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.
Choksi Laboratories (BOM:526546) has a PB Ratio of 3.22 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 Choksi Laboratories and its competitors. This is 262% above median its historical median of 0.89. Over the past decade, Choksi Laboratories' PB Ratio has ranged from 0.29 to 5.30. According to the industry distribution chart, Choksi Laboratories ranks #131 out of 194 companies in the Medical Diagnostics & Research industry, placing it in the top 67.5%.
Is Choksi Laboratories' PB Ratio too high?
Choksi Laboratories' current PB Ratio of 3.22 is 262% above median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 5.30. The Medical Diagnostics & Research industry median PB Ratio is 2.20. Choksi Laboratories' value of 3.22 is 46.7% above this industry median. Based on the distribution chart, Choksi Laboratories ranks #131 out of 194 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Choksi Laboratories has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Choksi Laboratories' PB Ratio compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Choksi Laboratories ranks #131 out of 194 companies for PB Ratio. This places Choksi Laboratories in the lower half of its industry. The industry median PB Ratio is 2.20. Choksi Laboratories' value of 3.22 is 46.7% above this benchmark. Historically, Choksi Laboratories' own PB Ratio has ranged from 0.29 to 5.30 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 2.20, Choksi Laboratories 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 Medical Diagnostics & Research company?
The median PB Ratio among Medical Diagnostics & Research companies is 2.20, based on 194 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. Choksi Laboratories's current PB Ratio of 3.22 is 46.7% 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 Choksi Laboratories and its competitors. For the Medical Diagnostics & Research industry, the median PB Ratio is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choksi Laboratories's current PB Ratio is 3.22, which is 262% above median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choksi Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Choksi Laboratories (BOM:526546) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹97.92, compared to a current price of ₹118.20 — trading 20.7% above its estimated fair value. The current PB Ratio is 3.22, which is 262% above median its 10-year median of 0.89 and 46.7% above the Medical Diagnostics & Research industry median of 2.20. Choksi Laboratories' overall GF Score™ is 57/100 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 Choksi Laboratories (BOM:526546), the current PB Ratio is 3.22 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 Choksi Laboratories (BOM:526546) Overvalued in 2026?
Based on GuruFocus' analysis, Choksi Laboratories stock appears to be overvalued.
The current stock price of ₹118.20 is trading 20.7% above its estimated GF Value™ of ₹97.92.
GuruFocus considers Choksi Laboratories to be Modestly Overvalued.
Key valuation signals for BOM:526546:
PB Ratio: 3.22 (262% above median its 10-year median of 0.89)
GF Value™: ₹97.92 vs. price of ₹118.20 (20.7% above fair value)
Industry Position: 46.7% above the Medical Diagnostics & Research median (#131 of 194)
No single metric tells the full story. See the BOM:526546 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Choksi Laboratories Ltd is an analysis and research company. The company provides contract testing and analytical services. The Company analyzes for its clients as a regulatory requirement pharmaceuticals, food and agricultural products, construction materials, chemicals, Calibration and environment Monitoring services.
57GF Score
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