Arex Industries (BOM:526851) PB Ratio: 3.25 (As of Aug. 20, 2026) — 110% Above Median

Author: Vera Yuan Vera Yuan
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Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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:526851 Arex Industries Ltd BOM:526851
56 GF Score
Price ₹131.60
GF Value ₹123.25
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Arex Industries PB Ratio?

Arex Industries BOM:526851 56 PB Ratio is 3.25 as of Aug. 20, 2026, which is 110% above its 10-year median of 1.55. GuruFocus rates BOM:526851 with a GF Score™ of 56/100 and a GF Value™ of ₹123.25 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,001 Manufacturing - Apparel & Accessories companies, Arex Industries ranks worse than 84.12% 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 (2026-08-20), Arex Industries's share price is ₹131.60. Arex Industries's Book Value per Share for the quarter that ended in Jun. 2026 was ₹40.43. Hence, Arex Industries's PB Ratio of today is 3.25.

Warning Sign:

Arex Industries Ltd stock PB Ratio (=3.25) is close to 3-year high of 3.25.

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

BOM:526851' s PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.55   Max: 4.01
Current: 3.25

During the past 13 years, Arex Industries's highest PB Ratio was 4.01. The lowest was 0.49. And the median was 1.55.

BOM:526851's PB Ratio is ranked worse than
84.12% of 1001 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.09 vs BOM:526851: 3.25

During the past 12 months, Arex Industries's average Book Value Per Share Growth Rate was -43.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -18.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Arex Industries was 15.70% per year. The lowest was -18.00% per year. And the median was 4.90% per year.

Back to Basics: PB Ratio


Arex Industries  (BOM:526851) 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.


Arex Industries PB Ratio Related Terms


Arex Industries PB Ratio Historical Data

* Premium members only.

The historical data trend for Arex 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.

Arex Industries PB Ratio Chart

Arex 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 2.12 1.09 1.76 2.12 2.41

Arex Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 2.06 0.00 2.41 0.00

Arex Industries PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Arex 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.


Arex Industries PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

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


BOM:526851
56GF Score
Arex Industries Ltd BOM:526851
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arex 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=131.60/40.432
=3.25

* 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 3.25 mean?
Arex Industries (BOM:526851) has a PB Ratio of 3.25 as of Aug. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Arex Industries and its competitors. This is 110% above median its historical median of 1.55. Over the past decade, Arex Industries' PB Ratio has ranged from 0.49 to 4.01. According to the industry distribution chart, Arex Industries ranks #842 out of 1001 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 84.1%.
Is Arex Industries' PB Ratio too high?
Arex Industries' current PB Ratio of 3.25 is 110% above median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 4.01. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.09. Arex Industries' value of 3.25 is 198.2% above this industry median. Based on the distribution chart, Arex Industries ranks #842 out of 1001 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Arex Industries has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Arex Industries' PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Arex Industries ranks #842 out of 1001 companies for PB Ratio. This places Arex Industries in the lower half of its industry. The industry median PB Ratio is 1.09. Arex Industries' value of 3.25 is 198.2% above this benchmark. Historically, Arex Industries' own PB Ratio has ranged from 0.49 to 4.01 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 1.09, Arex 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 1.09, based on 1,001 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. Arex Industries's current PB Ratio of 3.25 is 198.2% 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 Arex Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arex Industries's current PB Ratio is 3.25, which is 110% above median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arex Industries stock overvalued right now?
Based on GuruFocus' analysis, Arex Industries (BOM:526851) is currently considered Fairly Valued. The stock's GF Value™ is ₹123.25, compared to a current price of ₹131.60 — trading 6.8% above its estimated fair value. The current PB Ratio is 3.25, which is 110% above median its 10-year median of 1.55 and 198.2% above the Manufacturing - Apparel & Accessories industry median of 1.09. Arex Industries' overall GF Score™ is 56/100 with 4 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 Arex Industries (BOM:526851), the current PB Ratio is 3.25 as of Aug. 20, 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 Arex Industries (BOM:526851) Overvalued in 2026?

Based on GuruFocus' analysis, Arex Industries stock appears to be overvalued. The current stock price of ₹131.60 is trading 6.8% above its estimated GF Value™ of ₹123.25. GuruFocus considers Arex Industries to be Fairly Valued.

Key valuation signals for BOM:526851:

  • PB Ratio: 3.25 (110% above median its 10-year median of 1.55)
  • GF Value™: ₹123.25 vs. price of ₹131.60 (6.8% above fair value)
  • GF Score™: 56/100 with 4 warning signs
  • Industry Position: 198.2% above the Manufacturing - Apparel & Accessories median (#842 of 1001)

No single metric tells the full story. See the BOM:526851 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arex Industries Business Description

Address 612, G.I.D.C Industrial Estate, Chhatral, Taluka Kalol, Gandhinagar, GJ, IND, 382729
Arex Industries Ltd is an India-based company that is engaged in the manufacturing of textile materials. The firm engages in the manufacturing of woven and printed labels. Its product offerings include end fold, centerfold, miter fold, Manhattan fold, starched, laser cut, specially coated, self-adhesive, thermo adhesive, die cut, filled in, and comfort soft labels. The operating segment of the company is the Manufacturing and Sale of Labels.
56GF Score

Get the complete analysis for BOM:526851

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

₹131.60
Price
₹123.25
GF Value