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Shine Fashions (India)BOM:543244 -2.26%76 PB Ratio is 2.21 as of Aug. 15, 2026, which is 36% below its 10-year median of 3.47. GuruFocus rates BOM:543244 with a GF Score™ of 76/100 and a GF Value™ of ₹57.32 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,000 Manufacturing - Apparel & Accessories companies, Shine Fashions (India) ranks worse than 75.3% on this metric.
During the past 12 months, Shine Fashions (India)'s average Book Value Per Share Growth Rate was 21.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 61.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 44.90% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Shine Fashions (India) was 61.30% per year. The lowest was 23.60% per year. And the median was 42.90% 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.
* 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.
Shine Fashions (India) PB Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Shine Fashions (India)'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.
Shine Fashions (India) PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shine Fashions (India)'s PB Ratio distribution charts can be found below:
* The bar in red indicates where Shine Fashions (India)'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.
Shine Fashions (India) (BOM:543244) has a PB Ratio of 2.21 as of Aug. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Shine Fashions (India) and its competitors. This is 36% below median its historical median of 3.47. Over the past decade, Shine Fashions (India)'s PB Ratio has ranged from 1.43 to 11.80. According to the industry distribution chart, Shine Fashions (India) ranks #753 out of 1000 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 75.3%.
Is Shine Fashions (India)'s PB Ratio too high?
Shine Fashions (India)'s current PB Ratio of 2.21 is 36% below median its 10-year median of 3.47. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 11.80. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.10. Shine Fashions (India)'s value of 2.21 is 100.9% above this industry median. Based on the distribution chart, Shine Fashions (India) ranks #753 out of 1000 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Shine Fashions (India) has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shine Fashions (India)'s PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shine Fashions (India) ranks #753 out of 1000 companies for PB Ratio. This places Shine Fashions (India) in the lower half of its industry. The industry median PB Ratio is 1.10. Shine Fashions (India)'s value of 2.21 is 100.9% above this benchmark. Historically, Shine Fashions (India)'s own PB Ratio has ranged from 1.43 to 11.80 over the past decade. While the company's 10-year median is 3.47 vs. the industry median of 1.10, Shine Fashions (India) 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 1.10, based on 1,000 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. Shine Fashions (India)'s current PB Ratio of 2.21 is 100.9% 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 Shine Fashions (India) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shine Fashions (India)'s current PB Ratio is 2.21, which is 36% below median its own 10-year median of 3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine Fashions (India) stock overvalued right now?
Based on GuruFocus' analysis, Shine Fashions (India) (BOM:543244) is currently considered Possible Value Trap. The stock's GF Value™ is ₹57.32, compared to a current price of ₹26.00 — trading 54.6% below its estimated fair value. The current PB Ratio is 2.21, which is 36% below median its 10-year median of 3.47 and 100.9% above the Manufacturing - Apparel & Accessories industry median of 1.10. Shine Fashions (India)'s overall GF Score™ is 76/100 with 7 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 Shine Fashions (India) (BOM:543244), the current PB Ratio is 2.21 as of Aug. 15, 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 Shine Fashions (India) (BOM:543244) Overvalued in 2026?
Based on GuruFocus' analysis, Shine Fashions (India) stock appears to be undervalued.
The current stock price of ₹26.00 is trading 54.6% below its estimated GF Value™ of ₹57.32.
GuruFocus considers Shine Fashions (India) to be Possible Value Trap.
Key valuation signals for BOM:543244:
PB Ratio: 2.21 (36% below median its 10-year median of 3.47)
GF Value™: ₹57.32 vs. price of ₹26.00 (54.6% below fair value)
Industry Position: 100.9% above the Manufacturing - Apparel & Accessories median (#753 of 1000)
No single metric tells the full story. See the BOM:543244 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shine Fashions (India) Ltd imports, supplies, and trades non-woven interlining fabrics, woven fusible interlinings, and microdot fusible interlinings. The company's product portfolio includes Hot Web Adhesive; Woven Stretch Interlining; Cap Interlining; Tricot; Non-Woven Interlining; Cotton Fusible Interlining; and Trafetta. It offers products in white, off-white, black, and charcoal.
76GF Score
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