Bandhan Bank (BOM:541153) PB Ratio: 1.07 (As of Aug. 19, 2026) — 61% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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:541153 Bandhan Bank Ltd BOM:541153
71 GF Score
Price ₹170.40
GF Value ₹181.14
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Bandhan Bank PB Ratio?

Bandhan Bank BOM:541153 -1.65% 71 PB Ratio is 1.07 as of Aug. 19, 2026, which is 61% below its 10-year median of 2.77. GuruFocus rates BOM:541153 with a GF Score™ of 71/100 and a GF Value™ of ₹181.14 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,513 Banks companies, Bandhan Bank ranks better than 54.2% 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 (2026-08-19), Bandhan Bank's share price is ₹170.40. Bandhan Bank's Book Value per Share for the quarter that ended in Jun. 2026 was ₹158.75. Hence, Bandhan Bank's PB Ratio of today is 1.07.

The historical rank and industry rank for Bandhan Bank's PB Ratio or its related term are showing as below:

BOM:541153' s PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 2.77   Max: 8.5
Current: 1.07

During the past 12 years, Bandhan Bank's highest PB Ratio was 8.50. The lowest was 0.91. And the median was 2.77.

BOM:541153's PB Ratio is ranked better than
54.2% of 1513 companies
in the Banks industry
Industry Median: 1.12 vs BOM:541153: 1.07

During the past 12 months, Bandhan Bank's average Book Value Per Share Growth Rate was 3.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 9.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.70% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Bandhan Bank was 23.20% per year. The lowest was -36.70% per year. And the median was 8.80% per year.

Back to Basics: PB Ratio


Bandhan Bank  (BOM:541153) 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.


Bandhan Bank PB Ratio Related Terms


Bandhan Bank PB Ratio Historical Data

* Premium members only.

The historical data trend for Bandhan Bank'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.

Bandhan Bank PB Ratio Chart

Bandhan Bank 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 2.85 1.61 1.34 0.96 0.89

Bandhan Bank Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 1.05 0.00 0.89 0.00

Bandhan Bank PB Ratio Competitor Comparison

For the Banks - Regional subindustry, Bandhan Bank'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.


Bandhan Bank PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bandhan Bank's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bandhan Bank's PB Ratio falls into.


BOM:541153
71GF Score
Bandhan Bank Ltd BOM:541153
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bandhan Bank 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.

Bandhan Bank's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=170.40/158.754
=1.07

* 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 1.07 mean?
Bandhan Bank (BOM:541153) has a PB Ratio of 1.07 as of Aug. 19, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bandhan Bank and its competitors. This is 61% below median its historical median of 2.77. Over the past decade, Bandhan Bank's PB Ratio has ranged from 0.91 to 8.50. According to the industry distribution chart, Bandhan Bank ranks #693 out of 1513 companies in the Banks industry, placing it in the top 45.8%.
Is Bandhan Bank's PB Ratio too high?
Bandhan Bank's current PB Ratio of 1.07 is 61% below median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 8.50. The Banks industry median PB Ratio is 1.12. Bandhan Bank's value of 1.07 is 4.5% below this industry median. Based on the distribution chart, Bandhan Bank ranks #693 out of 1513 companies in the Banks industry, which is above the industry midpoint. Overall, Bandhan Bank has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bandhan Bank's PB Ratio compare to competitors?
According to the Banks industry distribution chart, Bandhan Bank ranks #693 out of 1513 companies for PB Ratio. This puts Bandhan Bank in the upper half of its industry. The industry median PB Ratio is 1.12. Bandhan Bank's value of 1.07 is 4.5% below this benchmark. Historically, Bandhan Bank's own PB Ratio has ranged from 0.91 to 8.50 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 1.12, Bandhan Bank has consistently been below 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 Banks company?
The median PB Ratio among Banks companies is 1.12, based on 1,513 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. Bandhan Bank's current PB Ratio of 1.07 is 4.5% below 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 Bandhan Bank and its competitors. For the Banks industry, the median PB Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bandhan Bank's current PB Ratio is 1.07, which is 61% below median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bandhan Bank stock overvalued right now?
Based on GuruFocus' analysis, Bandhan Bank (BOM:541153) is currently considered Fairly Valued. The stock's GF Value™ is ₹181.14, compared to a current price of ₹170.40 — trading 5.9% below its estimated fair value. The current PB Ratio is 1.07, which is 61% below median its 10-year median of 2.77 and 4.5% below the Banks industry median of 1.12. Bandhan Bank's overall GF Score™ is 71/100 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 Bandhan Bank (BOM:541153), the current PB Ratio is 1.07 as of Aug. 19, 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 Bandhan Bank (BOM:541153) Overvalued in 2026?

Based on GuruFocus' analysis, Bandhan Bank stock appears to be undervalued. The current stock price of ₹170.40 is trading 5.9% below its estimated GF Value™ of ₹181.14. GuruFocus considers Bandhan Bank to be Fairly Valued.

Key valuation signals for BOM:541153:

  • PB Ratio: 1.07 (61% below median its 10-year median of 2.77)
  • GF Value™: ₹181.14 vs. price of ₹170.40 (5.9% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 4.5% below the Banks median (#693 of 1513)

No single metric tells the full story. See the BOM:541153 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bandhan Bank Business Description

Other Exchanges BANDHANBNK:India
Address Adventz Infinity 5, Salt Lake City, BN 5, Sector V, 12th to 14th Floor, Kolkata, WB, IND, 700 091
Bandhan Bank Ltd provides banking services. It offers a variety of asset and liability products and services designed for micro banking and general banking. The bank's operating segments are Treasury, Retail Banking, Corporate/Wholesale Banking and Other Banking Business. Its treasury operations include investments in sovereign securities and trading operations, Retail banking includes lending to individuals/small businesses along with liability products, card services, internet banking, mobile banking, ATM services, and NRI services. The corporate/Wholesale segment includes corporate relationships not included in Retail Banking and Other segments include para-banking activities. It generates a majority of its revenue from the retail banking segment.
71GF Score

Get the complete analysis for BOM:541153

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

₹170.40
Price
₹181.14
GF Value