Texel Industries (BOM:526638) PB Ratio: 2.05 (As of Aug. 18, 2026) — 18% Below 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:526638 Texel Industries Ltd BOM:526638
56 GF Score
Price ₹66.42
GF Value ₹55.63
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Texel Industries PB Ratio?

Texel Industries BOM:526638 +0.30% 56 PB Ratio is 2.05 as of Aug. 18, 2026, which is 18% below its 10-year median of 2.50. GuruFocus rates BOM:526638 with a GF Score™ of 56/100 and a GF Value™ of ₹55.63 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,003 Manufacturing - Apparel & Accessories companies, Texel Industries ranks worse than 71.98% 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 (2026-08-18), Texel Industries's share price is ₹66.42. Texel Industries's Book Value per Share for the quarter that ended in Mar. 2026 was ₹32.40. Hence, Texel Industries's PB Ratio of today is 2.05.

Good Sign:

Texel Industries Ltd stock PB Ratio (=2.04) is close to 3-year low of 1.91.

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

BOM:526638' s PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 2.5   Max: 9.51
Current: 2.05

During the past 13 years, Texel Industries's highest PB Ratio was 9.51. The lowest was 0.07. And the median was 2.50.

BOM:526638's PB Ratio is ranked worse than
71.98% of 1003 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11 vs BOM:526638: 2.05

During the past 12 months, Texel Industries's average Book Value Per Share Growth Rate was 12.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Texel Industries was 32.80% per year. The lowest was -19.30% per year. And the median was 13.90% per year.

Back to Basics: PB Ratio


Texel Industries  (BOM:526638) 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.


Texel Industries PB Ratio Related Terms


Texel Industries PB Ratio Historical Data

* Premium members only.

The historical data trend for Texel Industries'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.

Texel Industries PB Ratio Chart

Texel Industries 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 1.47 1.41 2.46 3.93 2.05

Texel Industries 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 3.93 0.00 3.26 0.00 2.05

Texel Industries PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Texel Industries'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.


Texel Industries PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Texel Industries's PB Ratio falls into.


BOM:526638
56GF Score
Texel Industries Ltd BOM:526638
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Texel Industries 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.

Texel Industries's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=66.42/32.402
=2.05

* 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 2.05 mean?
Texel Industries (BOM:526638) has a PB Ratio of 2.05 as of Aug. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Texel Industries and its competitors. This is 18% below median its historical median of 2.50. Over the past decade, Texel Industries' PB Ratio has ranged from 0.07 to 9.51. According to the industry distribution chart, Texel Industries ranks #722 out of 1003 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 72%.
Is Texel Industries' PB Ratio too high?
Texel Industries' current PB Ratio of 2.05 is 18% below median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 9.51. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.11. Texel Industries' value of 2.05 is 84.7% above this industry median. Based on the distribution chart, Texel Industries ranks #722 out of 1003 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Texel Industries has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Texel Industries' PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Texel Industries ranks #722 out of 1003 companies for PB Ratio. This places Texel Industries in the lower half of its industry. The industry median PB Ratio is 1.11. Texel Industries' value of 2.05 is 84.7% above this benchmark. Historically, Texel Industries' own PB Ratio has ranged from 0.07 to 9.51 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 1.11, Texel Industries 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 1.11, based on 1,003 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. Texel Industries's current PB Ratio of 2.05 is 84.7% 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 Texel Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texel Industries's current PB Ratio is 2.05, which is 18% below median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texel Industries stock overvalued right now?
Based on GuruFocus' analysis, Texel Industries (BOM:526638) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹55.63, compared to a current price of ₹66.42 — trading 19.4% above its estimated fair value. The current PB Ratio is 2.05, which is 18% below median its 10-year median of 2.50 and 84.7% above the Manufacturing - Apparel & Accessories industry median of 1.11. Texel Industries' overall GF Score™ is 56/100 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 Texel Industries (BOM:526638), the current PB Ratio is 2.05 as of Aug. 18, 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 Texel Industries (BOM:526638) Overvalued in 2026?

Based on GuruFocus' analysis, Texel Industries stock appears to be overvalued. The current stock price of ₹66.42 is trading 19.4% above its estimated GF Value™ of ₹55.63. GuruFocus considers Texel Industries to be Modestly Overvalued.

Key valuation signals for BOM:526638:

  • PB Ratio: 2.05 (18% below median its 10-year median of 2.50)
  • GF Value™: ₹55.63 vs. price of ₹66.42 (19.4% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 84.7% above the Manufacturing - Apparel & Accessories median (#722 of 1003)

No single metric tells the full story. See the BOM:526638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Texel Industries Business Description

Address Block No. 2106, Santej-Khatraj Road, Near Shah Alloys Ltd, Village Santej, Tal kalol, District, Gandhinagar, GJ, IND, 382 721
Texel Industries Ltd manufactures and sells tarpaulins and geomembranes in India and internationally. The company has its capabilities in manufacturing a wide range of Geosynthetic Textile products which includes geomembranes, geotextiles and ground covers among others. The products are used in agriculture, aquaculture, horticulture, animal husbandry, civil engineering, water harvesting, water conservation and disaster relief, landscaping, transportation, pollution control and waste management.
56GF Score

Get the complete analysis for BOM:526638

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

₹66.42
Price
₹55.63
GF Value