Devine Impex (BOM:531585) PB Ratio: 0.63 (As of Jul. 30, 2026) — 62% Above 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.
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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:531585 Devine Impex Ltd BOM:531585
60 GF Score
Price ₹9.00
GF Value ₹7.07
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Devine Impex PB Ratio?

Devine Impex BOM:531585 60 PB Ratio is 0.63 as of Jul. 30, 2026, which is 62% above its 10-year median of 0.39. GuruFocus rates BOM:531585 with a GF Score™ of 60/100 and a GF Value™ of ₹7.07 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,084 Retail - Cyclical companies, Devine Impex ranks better than 80.35% 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 (2026-07-30), Devine Impex's share price is ₹9.00. Devine Impex's Book Value per Share for the quarter that ended in Mar. 2026 was ₹14.30. Hence, Devine Impex's PB Ratio of today is 0.63.

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

BOM:531585' s PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.39   Max: 0.76
Current: 0.63

During the past 13 years, Devine Impex's highest PB Ratio was 0.76. The lowest was 0.15. And the median was 0.39.

BOM:531585's PB Ratio is ranked better than
80.35% of 1084 companies
in the Retail - Cyclical industry
Industry Median: 1.475 vs BOM:531585: 0.63

During the past 12 months, Devine Impex's average Book Value Per Share Growth Rate was -0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Devine Impex was 4.00% per year. The lowest was -4.00% per year. And the median was 0.20% per year.

Back to Basics: PB Ratio


Devine Impex  (BOM:531585) 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.


Devine Impex PB Ratio Related Terms


Devine Impex PB Ratio Historical Data

* Premium members only.

The historical data trend for Devine Impex'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.

Devine Impex PB Ratio Chart

Devine Impex 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 0.41 0.36 0.51 0.62 0.54

Devine Impex 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 0.62 0.00 0.55 0.00 0.54

BOM:531585 vs TPR: PB Ratio Comparison

For the Luxury Goods subindustry, Devine Impex'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.


Devine Impex PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Devine Impex's PB Ratio distribution charts can be found below:

* The bar in red indicates where Devine Impex's PB Ratio falls into.


BOM:531585
60GF Score
Devine Impex Ltd BOM:531585
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Devine Impex 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.

Devine Impex's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=9.00/14.295
=0.63

* 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 0.63 mean?
Devine Impex (BOM:531585) has a PB Ratio of 0.63 as of Jul. 30, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Devine Impex and its competitors. This is 62% above median its historical median of 0.39. Over the past decade, Devine Impex's PB Ratio has ranged from 0.15 to 0.76. According to the industry distribution chart, Devine Impex ranks #213 out of 1084 companies in the Retail - Cyclical industry, placing it in the top 19.6%.
Is Devine Impex's PB Ratio too high?
Devine Impex's current PB Ratio of 0.63 is 62% above median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.15 to a high of 0.76. The Retail - Cyclical industry median PB Ratio is 1.48. Devine Impex's value of 0.63 is 57.3% below this industry median. Based on the distribution chart, Devine Impex ranks #213 out of 1084 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Devine Impex has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Devine Impex's PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Devine Impex ranks #213 out of 1084 companies for PB Ratio. This places Devine Impex in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.48. Devine Impex's value of 0.63 is 57.3% below this benchmark. Historically, Devine Impex's own PB Ratio has ranged from 0.15 to 0.76 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 1.48, Devine Impex has consistently been below 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 1.48, based on 1,084 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. Devine Impex's current PB Ratio of 0.63 is 57.3% below 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 Devine Impex and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Devine Impex's current PB Ratio is 0.63, which is 62% above median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devine Impex stock overvalued right now?
Based on GuruFocus' analysis, Devine Impex (BOM:531585) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹7.07, compared to a current price of ₹9.00 — trading 27.3% above its estimated fair value. The current PB Ratio is 0.63, which is 62% above median its 10-year median of 0.39 and 57.3% below the Retail - Cyclical industry median of 1.48. Devine Impex's overall GF Score™ is 60/100 with 3 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 Devine Impex (BOM:531585), the current PB Ratio is 0.63 as of Jul. 30, 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 Devine Impex (BOM:531585) Overvalued in 2026?

Based on GuruFocus' analysis, Devine Impex stock appears to be overvalued. The current stock price of ₹9.00 is trading 27.3% above its estimated GF Value™ of ₹7.07. GuruFocus considers Devine Impex to be Modestly Overvalued.

Key valuation signals for BOM:531585:

  • PB Ratio: 0.63 (62% above median its 10-year median of 0.39)
  • GF Value™: ₹7.07 vs. price of ₹9.00 (27.3% above fair value)
  • GF Score™: 60/100 with 3 warning signs
  • Industry Position: 57.3% below the Retail - Cyclical median (#213 of 1084)

No single metric tells the full story. See the BOM:531585 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Devine Impex Business Description

Address Industrial Focal Point, The Groove, C-157, 1st Floor, Phase VII, Mohali, PB, IND, 160059
Devine Impex Ltd is engaged in the business of trading bullion, jewelry, and ornaments.
60GF Score

Get the complete analysis for BOM:531585

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

₹9.00
Price
₹7.07
GF Value