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Shoppers StopBOM:532638 +0.38%62 PB Ratio is 15.92 as of Aug. 08, 2026, which is 37% below its 10-year median of 25.35. GuruFocus rates BOM:532638 with a GF Score™ of 62/100 and a GF Value™ of ₹783.96 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,083 Retail - Cyclical companies, Shoppers Stop ranks worse than 96.58% 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 (2026-08-08), Shoppers Stop's share price is ₹420.75. Shoppers Stop's Book Value per Share for the quarter that ended in Jun. 2026 was ₹26.43. Hence, Shoppers Stop's PB Ratio of today is 15.92.
The historical rank and industry rank for Shoppers Stop's PB Ratio or its related term are showing as below:
BOM:532638'
s PB Ratio Range Over the Past 10 Years
Min: 4.32 Med: 25.35 Max: 300.4
Current: 15.14
During the past 13 years, Shoppers Stop's highest PB Ratio was 300.40. The lowest was 4.32. And the median was 25.35.
BOM:532638's PB Ratio is ranked worse than 96.58% of 1083
companies
in the Retail - Cyclical industry
Industry Median: 1.5
vs BOM:532638: 15.14
During the past 12 months, Shoppers Stop's average Book Value Per Share Growth Rate was -9.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 29.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -11.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shoppers Stop was 61.50% per year. The lowest was -58.70% per year. And the median was 12.00% per year.
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.
Shoppers Stop PB Ratio Related Terms
Shoppers Stop PB Ratio Historical Data
* Premium members only.
The historical data trend for Shoppers Stop'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 Department Stores subindustry, Shoppers Stop'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.
Shoppers Stop PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shoppers Stop's PB Ratio distribution charts can be found below:
* The bar in red indicates where Shoppers Stop'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.
Shoppers Stop's PB Ratio for today is calculated as follows:
* 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.
Shoppers Stop (BOM:532638) has a PB Ratio of 15.92 as of Aug. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shoppers Stop and its competitors. This is 37% below median its historical median of 25.35. Over the past decade, Shoppers Stop's PB Ratio has ranged from 4.32 to 300.40. According to the industry distribution chart, Shoppers Stop ranks #1046 out of 1083 companies in the Retail - Cyclical industry, placing it in the top 96.6%.
Is Shoppers Stop's PB Ratio too high?
Shoppers Stop's current PB Ratio of 15.92 is 37% below median its 10-year median of 25.35. Over the past 10 years, this metric has ranged from a low of 4.32 to a high of 300.40. The Retail - Cyclical industry median PB Ratio is 1.50. Shoppers Stop's value of 15.92 is 961.3% above this industry median. Based on the distribution chart, Shoppers Stop ranks #1046 out of 1083 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Shoppers Stop has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shoppers Stop's PB Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Shoppers Stop ranks #1046 out of 1083 companies for PB Ratio. This places Shoppers Stop in the lower half of its industry. The industry median PB Ratio is 1.50. Shoppers Stop's value of 15.92 is 961.3% above this benchmark. Historically, Shoppers Stop's own PB Ratio has ranged from 4.32 to 300.40 over the past decade. While the company's 10-year median is 25.35 vs. the industry median of 1.50, Shoppers Stop 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.50, based on 1,083 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. Shoppers Stop's current PB Ratio of 15.92 is 961.3% 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 Shoppers Stop and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoppers Stop's current PB Ratio is 15.92, which is 37% below median its own 10-year median of 25.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoppers Stop stock overvalued right now?
Based on GuruFocus' analysis, Shoppers Stop (BOM:532638) is currently considered Possible Value Trap. The stock's GF Value™ is ₹783.96, compared to a current price of ₹420.75 — trading 46.3% below its estimated fair value. The current PB Ratio is 15.92, which is 37% below median its 10-year median of 25.35 and 961.3% above the Retail - Cyclical industry median of 1.50. Shoppers Stop's overall GF Score™ is 62/100 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 Shoppers Stop (BOM:532638), the current PB Ratio is 15.92 as of Aug. 08, 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 Shoppers Stop (BOM:532638) Overvalued in 2026?
Based on GuruFocus' analysis, Shoppers Stop stock appears to be undervalued.
The current stock price of ₹420.75 is trading 46.3% below its estimated GF Value™ of ₹783.96.
GuruFocus considers Shoppers Stop to be Possible Value Trap.
Key valuation signals for BOM:532638:
PB Ratio: 15.92 (37% below median its 10-year median of 25.35)
GF Value™: ₹783.96 vs. price of ₹420.75 (46.3% below fair value)
Industry Position: 961.3% above the Retail - Cyclical median (#1046 of 1083)
No single metric tells the full story. See the BOM:532638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shoppers Stop Ltd is an India-based company engaged in the business of retailing a variety of household and consumer products through departmental stores. The group's products include apparels and non-apparels. The Non-Apparel includes Cosmetics, Personal Accessories, Jewellery, and Leather goods, Home Wares, Electronics, Books, and Music.
62GF Score
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