Spencers Retail (BOM:542337) PB Ratio: (As of Aug. 06, 2026)

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.
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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:542337 Spencers Retail Ltd BOM:542337
51 GF Score
Price ₹32.71
GF Value ₹54.83
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Spencers Retail PB Ratio?

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 (2026-08-06), Spencers Retail's share price is ₹32.71. Spencers Retail's Book Value per Share for the quarter that ended in Mar. 2026 was ₹-101.42. Hence, Spencers Retail's PB Ratio of today is .

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

During the past 9 years, Spencers Retail's highest PB Ratio was 13.39. The lowest was 1.20. And the median was 2.80.

BOM:542337's PB Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 1.48
* Ranked among companies with meaningful PB Ratio only.

During the past 3 years, the average Book Value Per Share Growth Rate was -82.40% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Spencers Retail was -32.80% per year. The lowest was -82.40% per year. And the median was -53.50% per year.

Back to Basics: PB Ratio


Spencers Retail  (BOM:542337) 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.


Spencers Retail PB Ratio Related Terms


Spencers Retail PB Ratio Historical Data

* Premium members only.

The historical data trend for Spencers Retail'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.

Spencers Retail PB Ratio Chart

Spencers Retail Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only 11.71 0.00 0.00 0.00 0.00

Spencers Retail Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.00 0.00 0.00 0.00 0.00

BOM:542337 vs DDS, M: PB Ratio Comparison

For the Department Stores subindustry, Spencers Retail'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.


Spencers Retail PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Spencers Retail's PB Ratio distribution charts can be found below:

* The bar in red indicates where Spencers Retail's PB Ratio falls into.


BOM:542337
51GF Score
Spencers Retail Ltd BOM:542337
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spencers Retail 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.

Spencers Retail's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=32.71/-101.422
=

* 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.

Is Spencers Retail (BOM:542337) Overvalued in 2026?

Based on GuruFocus' analysis, Spencers Retail stock appears to be undervalued. The current stock price of ₹32.71 is trading 40.3% below its estimated GF Value™ of ₹54.83. GuruFocus considers Spencers Retail to be Possible Value Trap.

Key valuation signals for BOM:542337:

  • PB Ratio:
  • GF Value™: ₹54.83 vs. price of ₹32.71 (40.3% below fair value)
  • GF Score™: 51/100 with 4 warning signs

No single metric tells the full story. See the BOM:542337 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Spencers Retail Business Description

Other Exchanges SPENCERS:India
Address 2/4, Judges Court Road, RPSG House, Kolkata, WB, IND, 700027
Spencers Retail Ltd is engaged in the retailing of goods and caters to the domestic market. The company is engaged in developing, conducting, investing, and promoting organized retail and operates departmental stores. The company provides a wide across categories such as food, personal care, fashion, home essentials, electrical, and electronics while its specialty section covers Spencer's gourmet, patisserie, wine, and liquor. The group operates only in India.
51GF Score

Get the complete analysis for BOM:542337

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

₹32.71
Price
₹54.83
GF Value