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Mayur Leather ProductsBOM:531680 -4.09%31 PB Ratio is 3.45 as of Jul. 29, 2026, which is 316% above its 10-year median of 0.83. GuruFocus rates BOM:531680 with a GF Score™ of 31/100. The stock has 5 warning signs investors should review. Among 1,004 Manufacturing - Apparel & Accessories companies, Mayur Leather Products ranks worse than 85.66% on this metric.
During the past 12 months, Mayur Leather Products's average Book Value Per Share Growth Rate was 65.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 34.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -10.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -19.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mayur Leather Products was 34.80% per year. The lowest was -41.40% per year. And the median was -13.70% per year.
Back to Basics: PB Ratio
Mayur Leather Products (BOM:531680) 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.
* 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.
BOM:531680 vs NKE, DECK, ONON: PB Ratio Comparison
For the Footwear & Accessories subindustry, Mayur Leather Products'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.
Mayur Leather Products PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mayur Leather Products's PB Ratio distribution charts can be found below:
* The bar in red indicates where Mayur Leather Products'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.
Mayur Leather Products (BOM:531680) has a PB Ratio of 3.45 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Mayur Leather Products and its competitors. This is 316% above median its historical median of 0.83. Over the past decade, Mayur Leather Products' PB Ratio has ranged from 0.22 to 5.61. According to the industry distribution chart, Mayur Leather Products ranks #860 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 85.7%.
Is Mayur Leather Products' PB Ratio too high?
Mayur Leather Products' current PB Ratio of 3.45 is 316% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 5.61. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.07. Mayur Leather Products' value of 3.45 is 222.4% above this industry median. Based on the distribution chart, Mayur Leather Products ranks #860 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Mayur Leather Products has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Mayur Leather Products' PB Ratio compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mayur Leather Products ranks #860 out of 1004 companies for PB Ratio. This places Mayur Leather Products in the lower half of its industry. The industry median PB Ratio is 1.07. Mayur Leather Products' value of 3.45 is 222.4% above this benchmark. Historically, Mayur Leather Products' own PB Ratio has ranged from 0.22 to 5.61 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.07, Mayur Leather Products 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 1.07, based on 1,004 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. Mayur Leather Products's current PB Ratio of 3.45 is 222.4% 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 Mayur Leather Products and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayur Leather Products's current PB Ratio is 3.45, which is 316% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayur Leather Products stock overvalued right now?
Mayur Leather Products (BOM:531680) has a current PB Ratio of 3.45. The current PB Ratio is 3.45, which is 316% above median its 10-year median of 0.83 and 222.4% above the Manufacturing - Apparel & Accessories industry median of 1.07. Mayur Leather Products' overall GF Score™ is 31/100 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 Mayur Leather Products (BOM:531680), the current PB Ratio is 3.45 as of Jul. 29, 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.
Mayur Leather Products Ltd is engaged in the manufacturing and export of Leather Shoes and Shoe Uppers. The company exports its product as well as sells it in the Local market. The company operates in only safety leather footwear segment. Geographically the company generates the majority of its revenue from sales in India.
31GF Score
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