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Panafic IndustrialsBOM:538860 -1.79%38 PB Ratio is 2.84 as of Aug. 15, 2026, which is 246% above its 10-year median of 0.82. GuruFocus rates BOM:538860 with a GF Score™ of 38/100 and a GF Value™ of ₹0.86 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 526 Credit Services companies, Panafic Industrials ranks worse than 84.03% on this metric.
Panafic Industrials Ltd stock PB Ratio (=2.84) is close to 5-year high of 2.84.
The historical rank and industry rank for Panafic Industrials's PB Ratio or its related term are showing as below:
BOM:538860'
s PB Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.82 Max: 24.1
Current: 2.84
During the past 13 years, Panafic Industrials's highest PB Ratio was 24.10. The lowest was 0.16. And the median was 0.82.
BOM:538860's PB Ratio is ranked worse than 84.03% of 526
companies
in the Credit Services industry
Industry Median: 1.06
vs BOM:538860: 2.84
During the past 12 months, Panafic Industrials's average Book Value Per Share Growth Rate was -23.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -8.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Panafic Industrials was 6.70% per year. The lowest was -8.40% per year. And the median was 2.00% 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.
Panafic Industrials PB Ratio Related Terms
Panafic Industrials PB Ratio Historical Data
* Premium members only.
The historical data trend for Panafic Industrials'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 Credit Services subindustry, Panafic Industrials'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.
Panafic Industrials PB Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Panafic Industrials's PB Ratio distribution charts can be found below:
* The bar in red indicates where Panafic Industrials'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.
Panafic Industrials (BOM:538860) has a PB Ratio of 2.84 as of Aug. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Panafic Industrials and its competitors. This is 246% above median its historical median of 0.82. Over the past decade, Panafic Industrials' PB Ratio has ranged from 0.16 to 24.10. According to the industry distribution chart, Panafic Industrials ranks #442 out of 526 companies in the Credit Services industry, placing it in the top 84%.
Is Panafic Industrials' PB Ratio too high?
Panafic Industrials' current PB Ratio of 2.84 is 246% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 24.10. The Credit Services industry median PB Ratio is 1.06. Panafic Industrials' value of 2.84 is 167.9% above this industry median. Based on the distribution chart, Panafic Industrials ranks #442 out of 526 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Panafic Industrials has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Panafic Industrials' PB Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Panafic Industrials ranks #442 out of 526 companies for PB Ratio. This places Panafic Industrials in the lower half of its industry. The industry median PB Ratio is 1.06. Panafic Industrials' value of 2.84 is 167.9% above this benchmark. Historically, Panafic Industrials' own PB Ratio has ranged from 0.16 to 24.10 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.06, Panafic Industrials 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 Credit Services company?
The median PB Ratio among Credit Services companies is 1.06, based on 526 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. Panafic Industrials's current PB Ratio of 2.84 is 167.9% 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 Panafic Industrials and its competitors. For the Credit Services industry, the median PB Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panafic Industrials's current PB Ratio is 2.84, which is 246% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panafic Industrials stock overvalued right now?
Based on GuruFocus' analysis, Panafic Industrials (BOM:538860) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.86, compared to a current price of ₹2.20 — trading 155.8% above its estimated fair value. The current PB Ratio is 2.84, which is 246% above median its 10-year median of 0.82 and 167.9% above the Credit Services industry median of 1.06. Panafic Industrials' overall GF Score™ is 38/100 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 Panafic Industrials (BOM:538860), the current PB Ratio is 2.84 as of Aug. 15, 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 Panafic Industrials (BOM:538860) Overvalued in 2026?
Based on GuruFocus' analysis, Panafic Industrials stock appears to be overvalued.
The current stock price of ₹2.20 is trading 155.8% above its estimated GF Value™ of ₹0.86.
GuruFocus considers Panafic Industrials to be Significantly Overvalued.
Key valuation signals for BOM:538860:
PB Ratio: 2.84 (246% above median its 10-year median of 0.82)
GF Value™: ₹0.86 vs. price of ₹2.20 (155.8% above fair value)
Industry Position: 167.9% above the Credit Services median (#442 of 526)
No single metric tells the full story. See the BOM:538860 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Panafic Industrials Ltd is a Non-banking financial company. The main operation of the company is to finance industrial enterprises by way of making loans or advances, mainly to private industrial enterprises in India, and dealing in the sale and purchase of securities. The company deals in shares, stocks, debentures, bonds, and other investments. The company also finances corporations and other individuals by way of loans or advances or subscribing to capital.
38GF Score
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