Ghushine Fintrrade Ocean (BOM:539864) PB Ratio: 2.09 (As of Jul. 30, 2026) — 203% 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.
Reviewed by: Charlie Tian Charlie Tian
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:539864 Ghushine Fintrrade Ocean Ltd BOM:539864
46 GF Score
Price ₹21.50
! 5 Warning Signs
View Full Analysis

What is Ghushine Fintrrade Ocean PB Ratio?

Ghushine Fintrrade Ocean BOM:539864 46 PB Ratio is 2.09 as of Jul. 30, 2026, which is 203% above its 10-year median of 0.69. GuruFocus rates BOM:539864 with a GF Score™ of 46/100. The stock has 5 warning signs investors should review. Among 1,004 Manufacturing - Apparel & Accessories companies, Ghushine Fintrrade Ocean ranks worse than 73.31% 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), Ghushine Fintrrade Ocean's share price is ₹21.50. Ghushine Fintrrade Ocean's Book Value per Share for the quarter that ended in Mar. 2026 was ₹10.31. Hence, Ghushine Fintrrade Ocean's PB Ratio of today is 2.09.

Warning Sign:

Ghushine Fintrrade Ocean Ltd stock PB Ratio (=2.09) is close to 10-year high of 2.19.

The historical rank and industry rank for Ghushine Fintrrade Ocean's PB Ratio or its related term are showing as below:

BOM:539864' s PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.69   Max: 2.19
Current: 2.09

During the past 13 years, Ghushine Fintrrade Ocean's highest PB Ratio was 2.19. The lowest was 0.60. And the median was 0.69.

BOM:539864's PB Ratio is ranked worse than
73.31% of 1004 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.07 vs BOM:539864: 2.09

During the past 12 months, Ghushine Fintrrade Ocean's average Book Value Per Share Growth Rate was 0.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ghushine Fintrrade Ocean was 63.70% per year. The lowest was -0.50% per year. And the median was 0.00% per year.

Back to Basics: PB Ratio


Ghushine Fintrrade Ocean  (BOM:539864) 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.


Ghushine Fintrrade Ocean PB Ratio Related Terms


Ghushine Fintrrade Ocean PB Ratio Historical Data

* Premium members only.

The historical data trend for Ghushine Fintrrade Ocean'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.

Ghushine Fintrrade Ocean PB Ratio Chart

Ghushine Fintrrade Ocean 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 0.69 0.69 0.69 0.69 2.18

Ghushine Fintrrade Ocean Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.69 0.69 0.69 0.69 2.18

Ghushine Fintrrade Ocean PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Ghushine Fintrrade Ocean'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.


Ghushine Fintrrade Ocean PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ghushine Fintrrade Ocean's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ghushine Fintrrade Ocean's PB Ratio falls into.


BOM:539864
46GF Score
Ghushine Fintrrade Ocean Ltd BOM:539864
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ghushine Fintrrade Ocean 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.

Ghushine Fintrrade Ocean's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=21.50/10.307
=2.09

* 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 2.09 mean?
Ghushine Fintrrade Ocean (BOM:539864) has a PB Ratio of 2.09 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 Ghushine Fintrrade Ocean and its competitors. This is 203% above median its historical median of 0.69. Over the past decade, Ghushine Fintrrade Ocean's PB Ratio has ranged from 0.60 to 2.19. According to the industry distribution chart, Ghushine Fintrrade Ocean ranks #736 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 73.3%.
Is Ghushine Fintrrade Ocean's PB Ratio too high?
Ghushine Fintrrade Ocean's current PB Ratio of 2.09 is 203% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 2.19. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.07. Ghushine Fintrrade Ocean's value of 2.09 is 95.3% above this industry median. Based on the distribution chart, Ghushine Fintrrade Ocean ranks #736 out of 1004 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Ghushine Fintrrade Ocean has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Ghushine Fintrrade Ocean's PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ghushine Fintrrade Ocean ranks #736 out of 1004 companies for PB Ratio. This places Ghushine Fintrrade Ocean in the lower half of its industry. The industry median PB Ratio is 1.07. Ghushine Fintrrade Ocean's value of 2.09 is 95.3% above this benchmark. Historically, Ghushine Fintrrade Ocean's own PB Ratio has ranged from 0.60 to 2.19 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 1.07, Ghushine Fintrrade Ocean 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. Ghushine Fintrrade Ocean's current PB Ratio of 2.09 is 95.3% 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 Ghushine Fintrrade Ocean 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. Ghushine Fintrrade Ocean's current PB Ratio is 2.09, which is 203% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghushine Fintrrade Ocean stock overvalued right now?
Ghushine Fintrrade Ocean (BOM:539864) has a current PB Ratio of 2.09. The current PB Ratio is 2.09, which is 203% above median its 10-year median of 0.69 and 95.3% above the Manufacturing - Apparel & Accessories industry median of 1.07. Ghushine Fintrrade Ocean's overall GF Score™ is 46/100 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 Ghushine Fintrrade Ocean (BOM:539864), the current PB Ratio is 2.09 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.

Ghushine Fintrrade Ocean Business Description

Address Aagam Cross Road, VeshuAbhava Road, Ground floor 27, AC Market, Opposite Star Galaxy, Near Shrunagar Residency, Surat, GJ, IND, 395007
Ghushine Fintrrade Ocean Ltd is an India-based company engaged in the textile business. The principal activities of the company are to carry out the business of dealing in Art Silk Cloth, Embroidery Job Work & manufacturing of knitted fabrics, and cut & polished diamonds.
46GF Score

Get the complete analysis for BOM:539864

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

₹21.50
Price