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MerritronixBOM:544773 -1.96%19 PB Ratio is 10.85 as of Aug. 13, 2026, which is 11% below its 10-year median of 12.17. GuruFocus rates BOM:544773 with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 2,418 Hardware companies, Merritronix ranks worse than 91.32% 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 (2026-08-13), Merritronix's share price is ₹329.55. Merritronix's Book Value per Share for the quarter that ended in Mar. 2026 was ₹30.39. Hence, Merritronix's PB Ratio of today is 10.85.
The historical rank and industry rank for Merritronix's PB Ratio or its related term are showing as below:
BOM:544773'
s PB Ratio Range Over the Past 10 Years
Min: 10.84 Med: 12.17 Max: 15
Current: 10.84
During the past 4 years, Merritronix's highest PB Ratio was 15.00. The lowest was 10.84. And the median was 12.17.
BOM:544773's PB Ratio is ranked worse than 91.32% of 2418
companies
in the Hardware industry
Industry Median: 2.34
vs BOM:544773: 10.84
During the past 12 months, Merritronix's average Book Value Per Share Growth Rate was 215.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 117.90% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Merritronix was 117.90% per year. The lowest was 117.90% per year. And the median was 117.90% 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.
Merritronix PB Ratio Related Terms
Merritronix PB Ratio Historical Data
* Premium members only.
The historical data trend for Merritronix'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.
Merritronix PB Ratio Chart
Merritronix Annual Data
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Merritronix Semi-Annual Data
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BOM:544773 vs APH, GLW, TEL: PB Ratio Comparison
For the Electronic Components subindustry, Merritronix'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.
Merritronix PB Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Merritronix's PB Ratio distribution charts can be found below:
* The bar in red indicates where Merritronix'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.
Merritronix's PB Ratio for today is calculated as follows:
* 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.
Merritronix (BOM:544773) has a PB Ratio of 10.85 as of Aug. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Merritronix and its competitors. This is 11% below median its historical median of 12.17. Over the past decade, Merritronix's PB Ratio has ranged from 10.84 to 15.00. According to the industry distribution chart, Merritronix ranks #2208 out of 2418 companies in the Hardware industry, placing it in the top 91.3%.
Is Merritronix's PB Ratio too high?
Merritronix's current PB Ratio of 10.85 is 11% below median its 10-year median of 12.17. Over the past 10 years, this metric has ranged from a low of 10.84 to a high of 15.00. The Hardware industry median PB Ratio is 2.34. Merritronix's value of 10.85 is 363.7% above this industry median. Based on the distribution chart, Merritronix ranks #2208 out of 2418 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Merritronix has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Merritronix's PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Merritronix ranks #2208 out of 2418 companies for PB Ratio. This places Merritronix in the lower half of its industry. The industry median PB Ratio is 2.34. Merritronix's value of 10.85 is 363.7% above this benchmark. Historically, Merritronix's own PB Ratio has ranged from 10.84 to 15.00 over the past decade. While the company's 10-year median is 12.17 vs. the industry median of 2.34, Merritronix 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 Hardware company?
The median PB Ratio among Hardware companies is 2.34, based on 2,418 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. Merritronix's current PB Ratio of 10.85 is 363.7% 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 Merritronix and its competitors. For the Hardware industry, the median PB Ratio is 2.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merritronix's current PB Ratio is 10.85, which is 11% below median its own 10-year median of 12.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merritronix stock overvalued right now?
Merritronix (BOM:544773) has a current PB Ratio of 10.85. The current PB Ratio is 10.85, which is 11% below median its 10-year median of 12.17 and 363.7% above the Hardware industry median of 2.34. Merritronix's overall GF Score™ is 19/100 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 Merritronix (BOM:544773), the current PB Ratio is 10.85 as of Aug. 13, 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.
Merritronix Ltd operates as an electronics manufacturing services (EMS) provider in India. It is engaged in the business of manufacturing and assembly of electronic components, including engineering design and development services. The company's offerings include electronic manufacturing services, encompassing component sourcing, printed circuit board ("PCB") assembly, system integration, testing, box-build solutions and delivery of finished electronic products. It serves various industries, including defence, aerospace, industrial electronics, and scientific research sectors. The company derives the majority of its revenue from the sale of its products in India.
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