Gratex IndustriesBOM:526751 +0.50%71 PB Ratio is 2.11 as of Jun. 25, 2026, which is 65% above its 10-year median of 1.28. GuruFocus rates BOM:526751 with a GF Score™ of 71/100 and a GF Value™ of ₹24.71 (Fairly Valued). The stock has 8 warning signs investors should review. Among 424 Furnishings, Fixtures & Appliances companies, Gratex Industries ranks worse than 67.69% on this metric.
Gratex Industries Ltd stock PB Ratio (=2.09) is close to 1-year high of 2.09.
The historical rank and industry rank for Gratex Industries's PB Ratio or its related term are showing as below:
BOM:526751'
s PB Ratio Range Over the Past 10 Years
Min: 0.79 Med: 1.28 Max: 2.44
Current: 2.12
During the past 13 years, Gratex Industries's highest PB Ratio was 2.44. The lowest was 0.79. And the median was 1.28.
BOM:526751's PB Ratio is ranked worse than 67.69% of 424
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.32
vs BOM:526751: 2.12
During the past 12 months, Gratex Industries's average Book Value Per Share Growth Rate was 3.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 3.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Gratex Industries was 5.30% per year. The lowest was -6.70% per year. And the median was 3.20% per year.
Back to Basics: PB Ratio
Gratex Industries (BOM:526751) PB Ratio Explanation
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.
Gratex Industries PB Ratio Related Terms
Gratex Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Gratex 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.
For the Furnishings, Fixtures & Appliances subindustry, Gratex 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.
Gratex Industries PB Ratio vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Gratex Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Gratex Industries'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.
Gratex Industries (BOM:526751) has a PB Ratio of 2.11 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Gratex Industries and its competitors. This is 65% above median its historical median of 1.28. Over the past decade, Gratex Industries' PB Ratio has ranged from 0.79 to 2.44. According to the industry distribution chart, Gratex Industries ranks #287 out of 424 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 67.7%.
Is Gratex Industries' PB Ratio too high?
Gratex Industries' current PB Ratio of 2.11 is 65% above median its 10-year median of 1.28. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 2.44. The Furnishings, Fixtures & Appliances industry median PB Ratio is 1.32. Gratex Industries' value of 2.11 is 59.8% above this industry median. Based on the distribution chart, Gratex Industries ranks #287 out of 424 companies in the Furnishings, Fixtures & Appliances industry, which is below the industry midpoint. Overall, Gratex Industries has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gratex Industries' PB Ratio compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Gratex Industries ranks #287 out of 424 companies for PB Ratio. This places Gratex Industries in the lower half of its industry. The industry median PB Ratio is 1.32. Gratex Industries' value of 2.11 is 59.8% above this benchmark. Historically, Gratex Industries' own PB Ratio has ranged from 0.79 to 2.44 over the past decade. While the company's 10-year median is 1.28 vs. the industry median of 1.32, Gratex 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 Furnishings, Fixtures & Appliances company?
The median PB Ratio among Furnishings, Fixtures & Appliances companies is 1.32, based on 424 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. Gratex Industries's current PB Ratio of 2.11 is 59.8% 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 Gratex Industries and its competitors. For the Furnishings, Fixtures & Appliances industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gratex Industries's current PB Ratio is 2.11, which is 65% above median its own 10-year median of 1.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gratex Industries stock overvalued right now?
Based on GuruFocus' analysis, Gratex Industries (BOM:526751) is currently considered Fairly Valued. The stock's GF Value™ is ₹24.71, compared to a current price of ₹26.13 — trading 5.7% above its estimated fair value. The current PB Ratio is 2.11, which is 65% above median its 10-year median of 1.28 and 59.8% above the Furnishings, Fixtures & Appliances industry median of 1.32. Gratex Industries' overall GF Score™ is 71/100 with 8 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 Gratex Industries (BOM:526751), the current PB Ratio is 2.11 as of Jun. 25, 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 Gratex Industries (BOM:526751) Overvalued in 2026?
Based on GuruFocus' analysis, Gratex Industries stock appears to be overvalued.
The current stock price of ₹26.13 is trading 5.7% above its estimated GF Value™ of ₹24.71.
GuruFocus considers Gratex Industries to be Fairly Valued.
Key valuation signals for BOM:526751:
PB Ratio: 2.11 (65% above median its 10-year median of 1.28)
GF Value™: ₹24.71 vs. price of ₹26.13 (5.7% above fair value)
Industry Position: 59.8% above the Furnishings, Fixtures & Appliances median (#287 of 424)
No single metric tells the full story. See the BOM:526751 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gratex Industries Ltd engages in the business of trading, reselling and wholesale of wallpapers and related products. Geographically all business activities of the firm are carried out in India. It operates in single business segment: Manufacturing and Trading of Profiles, Catalogues, Digital Posters, Furnitures and Wall coverings.
71GF Score
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