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Smart FinsecBOM:539494 +1.09%67 PB Ratio is 1.50 as of Aug. 14, 2026, which is 29% below its 10-year median of 2.11. GuruFocus rates BOM:539494 with a GF Score™ of 67/100 and a GF Value™ of ₹6.67 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 777 Capital Markets companies, Smart Finsec ranks worse than 55.08% 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 (2026-08-14), Smart Finsec's share price is ₹8.35. Smart Finsec's Book Value per Share for the quarter that ended in Mar. 2026 was ₹5.56. Hence, Smart Finsec's PB Ratio of today is 1.50.
The historical rank and industry rank for Smart Finsec's PB Ratio or its related term are showing as below:
BOM:539494'
s PB Ratio Range Over the Past 10 Years
Min: 1.03 Med: 2.11 Max: 3.96
Current: 1.51
During the past 12 years, Smart Finsec's highest PB Ratio was 3.96. The lowest was 1.03. And the median was 2.11.
BOM:539494's PB Ratio is ranked worse than 55.08% of 777
companies
in the Capital Markets industry
Industry Median: 1.32
vs BOM:539494: 1.51
During the past 12 months, Smart Finsec's average Book Value Per Share Growth Rate was 6.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 17.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.60% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Smart Finsec was 26.10% per year. The lowest was -11.20% per year. And the median was 13.50% 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.
Smart Finsec PB Ratio Related Terms
Smart Finsec PB Ratio Historical Data
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The historical data trend for Smart Finsec'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 Capital Markets subindustry, Smart Finsec'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.
Smart Finsec PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Smart Finsec's PB Ratio distribution charts can be found below:
* The bar in red indicates where Smart Finsec'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.
Smart Finsec'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.
Smart Finsec (BOM:539494) has a PB Ratio of 1.50 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Smart Finsec and its competitors. This is 29% below median its historical median of 2.11. Over the past decade, Smart Finsec's PB Ratio has ranged from 1.03 to 3.96. According to the industry distribution chart, Smart Finsec ranks #428 out of 777 companies in the Capital Markets industry, placing it in the top 55.1%.
Is Smart Finsec's PB Ratio too high?
Smart Finsec's current PB Ratio of 1.50 is 29% below median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 3.96. The Capital Markets industry median PB Ratio is 1.32. Smart Finsec's value of 1.50 is 13.6% above this industry median. Based on the distribution chart, Smart Finsec ranks #428 out of 777 companies in the Capital Markets industry, which is below the industry midpoint. Overall, Smart Finsec has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smart Finsec's PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Smart Finsec ranks #428 out of 777 companies for PB Ratio. This places Smart Finsec in the lower half of its industry. The industry median PB Ratio is 1.32. Smart Finsec's value of 1.50 is 13.6% above this benchmark. Historically, Smart Finsec's own PB Ratio has ranged from 1.03 to 3.96 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 1.32, Smart Finsec 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.32, based on 777 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. Smart Finsec's current PB Ratio of 1.50 is 13.6% 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 Smart Finsec and its competitors. For the Capital Markets industry, the median PB Ratio is 1.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Finsec's current PB Ratio is 1.50, which is 29% below median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Finsec stock overvalued right now?
Based on GuruFocus' analysis, Smart Finsec (BOM:539494) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹6.67, compared to a current price of ₹8.35 — trading 25.2% above its estimated fair value. The current PB Ratio is 1.50, which is 29% below median its 10-year median of 2.11 and 13.6% above the Capital Markets industry median of 1.32. Smart Finsec's overall GF Score™ is 67/100 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 Smart Finsec (BOM:539494), the current PB Ratio is 1.50 as of Aug. 14, 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 Smart Finsec (BOM:539494) Overvalued in 2026?
Based on GuruFocus' analysis, Smart Finsec stock appears to be overvalued.
The current stock price of ₹8.35 is trading 25.2% above its estimated GF Value™ of ₹6.67.
GuruFocus considers Smart Finsec to be Modestly Overvalued.
Key valuation signals for BOM:539494:
PB Ratio: 1.50 (29% below median its 10-year median of 2.11)
GF Value™: ₹6.67 vs. price of ₹8.35 (25.2% above fair value)
Industry Position: 13.6% above the Capital Markets median (#428 of 777)
No single metric tells the full story. See the BOM:539494 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Smart Finsec Ltd is mainly engaged in the business of lending small loans and investments in stocks, securities and bonds. The Company is a non-deposit taking Non-Banking Finance Company (NBFC) and registered with Reserve Bank of India.
67GF Score
Get the complete analysis for BOM:539494
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