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Northern SpiritsBOM:542628 +3.02%75 PB Ratio is 1.43 as of Aug. 03, 2026, which is 33% below its 10-year median of 2.14. GuruFocus rates BOM:542628 with a GF Score™ of 75/100 and a GF Value™ of ₹337.11 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 204 Beverages - Alcoholic companies, Northern Spirits ranks better than 55.88% 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 (2026-08-03), Northern Spirits's share price is ₹133.15. Northern Spirits's Book Value per Share for the quarter that ended in Mar. 2026 was ₹92.93. Hence, Northern Spirits's PB Ratio of today is 1.43.
The historical rank and industry rank for Northern Spirits's PB Ratio or its related term are showing as below:
BOM:542628'
s PB Ratio Range Over the Past 10 Years
Min: 1.16 Med: 2.14 Max: 3.69
Current: 1.43
During the past 13 years, Northern Spirits's highest PB Ratio was 3.69. The lowest was 1.16. And the median was 2.14.
BOM:542628's PB Ratio is ranked better than 55.88% of 204
companies
in the Beverages - Alcoholic industry
Industry Median: 1.735
vs BOM:542628: 1.43
During the past 12 months, Northern Spirits's average Book Value Per Share Growth Rate was 21.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 21.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 59.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Northern Spirits was 371.90% per year. The lowest was 8.70% per year. And the median was 21.40% 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.
Northern Spirits PB Ratio Related Terms
Northern Spirits PB Ratio Historical Data
* Premium members only.
The historical data trend for Northern Spirits'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 Beverages - Wineries & Distilleries subindustry, Northern Spirits'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.
Northern Spirits PB Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Northern Spirits's PB Ratio distribution charts can be found below:
* The bar in red indicates where Northern Spirits'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.
Northern Spirits (BOM:542628) has a PB Ratio of 1.43 as of Aug. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Northern Spirits and its competitors. This is 33% below median its historical median of 2.14. Over the past decade, Northern Spirits' PB Ratio has ranged from 1.16 to 3.69. According to the industry distribution chart, Northern Spirits ranks #90 out of 204 companies in the Beverages - Alcoholic industry, placing it in the top 44.1%.
Is Northern Spirits' PB Ratio too high?
Northern Spirits' current PB Ratio of 1.43 is 33% below median its 10-year median of 2.14. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 3.69. The Beverages - Alcoholic industry median PB Ratio is 1.74. Northern Spirits' value of 1.43 is 17.6% below this industry median. Based on the distribution chart, Northern Spirits ranks #90 out of 204 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Northern Spirits has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Northern Spirits' PB Ratio compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Northern Spirits ranks #90 out of 204 companies for PB Ratio. This puts Northern Spirits in the upper half of its industry. The industry median PB Ratio is 1.74. Northern Spirits' value of 1.43 is 17.6% below this benchmark. Historically, Northern Spirits' own PB Ratio has ranged from 1.16 to 3.69 over the past decade. While the company's 10-year median is 2.14 vs. the industry median of 1.74, Northern Spirits 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 Beverages - Alcoholic company?
The median PB Ratio among Beverages - Alcoholic companies is 1.74, based on 204 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. Northern Spirits's current PB Ratio of 1.43 is 17.6% 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 Northern Spirits and its competitors. For the Beverages - Alcoholic industry, the median PB Ratio is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Spirits's current PB Ratio is 1.43, which is 33% below median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Spirits stock overvalued right now?
Based on GuruFocus' analysis, Northern Spirits (BOM:542628) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹337.11, compared to a current price of ₹133.15 — trading 60.5% below its estimated fair value. The current PB Ratio is 1.43, which is 33% below median its 10-year median of 2.14 and 17.6% below the Beverages - Alcoholic industry median of 1.74. Northern Spirits' overall GF Score™ is 75/100 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 Northern Spirits (BOM:542628), the current PB Ratio is 1.43 as of Aug. 03, 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 Northern Spirits (BOM:542628) Overvalued in 2026?
Based on GuruFocus' analysis, Northern Spirits stock appears to be undervalued.
The current stock price of ₹133.15 is trading 60.5% below its estimated GF Value™ of ₹337.11.
GuruFocus considers Northern Spirits to be Significantly Undervalued.
Key valuation signals for BOM:542628:
PB Ratio: 1.43 (33% below median its 10-year median of 2.14)
GF Value™: ₹337.11 vs. price of ₹133.15 (60.5% below fair value)
Industry Position: 17.6% below the Beverages - Alcoholic median (#90 of 204)
No single metric tells the full story. See the BOM:542628 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Northern Spirits Ltd is involved in the import and distribution of wine and spirits business. The company offers Whisky, Vodka, GIN, Red and white wine, Beer, tequila, Shepherd Neame Beer, Amigos Beer, Carlo Rossi California Wines, Tomich Australian Wines, Cooper's Australian Beer, West Cork Irish Whiskey, Two Tree Gin, Reddot Wheat Beer, Aqua Riva Mexican Tequila and Organika Russian Vodka, and others.
75GF Score
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