Ambuja Cements (FRA:GJA) PB Ratio: 1.13 (As of Jul. 13, 2026) — 54% Below Median

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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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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.

FRA:GJA Ambuja Cements Ltd FRA:GJA
65 GF Score
Price €2.54
GF Value €3.72
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Ambuja Cements PB Ratio?

Ambuja Cements FRA:GJA +5.83% 65 PB Ratio is 1.13 as of Jul. 13, 2026, which is 54% below its 10-year median of 2.44. GuruFocus rates FRA:GJA with a GF Score™ of 65/100 and a GF Value™ of €3.72 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 397 Building Materials companies, Ambuja Cements ranks worse than 68.51% 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 (2026-07-13), Ambuja Cements's share price is €2.54. Ambuja Cements's Book Value per Share for the quarter that ended in Mar. 2026 was €2.24. Hence, Ambuja Cements's PB Ratio of today is 1.13.

Good Sign:

Ambuja Cements Ltd stock PB Ratio (=1.82) is close to 5-year low of 1.74.

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

FRA:GJA' s PB Ratio Range Over the Past 10 Years
Min: 1.16   Med: 2.44   Max: 4.2
Current: 1.82

During the past 13 years, Ambuja Cements's highest PB Ratio was 4.20. The lowest was 1.16. And the median was 2.44.

FRA:GJA's PB Ratio is ranked worse than
68.51% of 397 companies
in the Building Materials industry
Industry Median: 1.16 vs FRA:GJA: 1.82

During the past 12 months, Ambuja Cements's average Book Value Per Share Growth Rate was 10.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 14.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ambuja Cements was 42.80% per year. The lowest was -3.30% per year. And the median was 13.40% per year.

Back to Basics: PB Ratio


Ambuja Cements  (FRA:GJA) 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.


Ambuja Cements PB Ratio Related Terms


Ambuja Cements PB Ratio Historical Data

* Premium members only.

The historical data trend for Ambuja Cements'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.

Ambuja Cements PB Ratio Chart

Ambuja Cements Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar24 Mar25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Ambuja Cements Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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

FRA:GJA vs : PB Ratio Comparison

For the Building Materials subindustry, Ambuja Cements'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.


Ambuja Cements PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ambuja Cements's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ambuja Cements's PB Ratio falls into.


FRA:GJA
65GF Score
Ambuja Cements Ltd FRA:GJA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ambuja Cements 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.

Ambuja Cements's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=2.54/2.238
=1.13

* 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 1.13 mean?
Ambuja Cements (FRA:GJA) has a PB Ratio of 1.13 as of Jul. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ambuja Cements and its competitors. This is 54% below median its historical median of 2.44. Over the past decade, Ambuja Cements' PB Ratio has ranged from 1.16 to 4.20. According to the industry distribution chart, Ambuja Cements ranks #272 out of 397 companies in the Building Materials industry, placing it in the top 68.5%.
Is Ambuja Cements' PB Ratio too high?
Ambuja Cements' current PB Ratio of 1.13 is 54% below median its 10-year median of 2.44. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 4.20. The Building Materials industry median PB Ratio is 1.16. Ambuja Cements' value of 1.13 is 2.6% below this industry median. Based on the distribution chart, Ambuja Cements ranks #272 out of 397 companies in the Building Materials industry, which is below the industry midpoint. Overall, Ambuja Cements has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ambuja Cements' PB Ratio compare to ?
According to the Building Materials industry distribution chart, Ambuja Cements ranks #272 out of 397 companies for PB Ratio. This places Ambuja Cements in the lower half of its industry. The industry median PB Ratio is 1.16. Ambuja Cements' value of 1.13 is 2.6% below this benchmark. Historically, Ambuja Cements' own PB Ratio has ranged from 1.16 to 4.20 over the past decade. While the company's 10-year median is 2.44 vs. the industry median of 1.16, Ambuja Cements 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 Building Materials company?
The median PB Ratio among Building Materials companies is 1.16, based on 397 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. Ambuja Cements's current PB Ratio of 1.13 is 2.6% 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 Ambuja Cements and its competitors. For the Building Materials industry, the median PB Ratio is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ambuja Cements's current PB Ratio is 1.13, which is 54% below median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ambuja Cements stock overvalued right now?
Based on GuruFocus' analysis, Ambuja Cements (FRA:GJA) is currently considered Possible Value Trap. The stock's GF Value™ is €3.72, compared to a current price of €2.54 — trading 31.7% below its estimated fair value. The current PB Ratio is 1.13, which is 54% below median its 10-year median of 2.44 and 2.6% below the Building Materials industry median of 1.16. Ambuja Cements' overall GF Score™ is 65/100 with 5 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 Ambuja Cements (FRA:GJA), the current PB Ratio is 1.13 as of Jul. 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.

Is Ambuja Cements (FRA:GJA) Overvalued in 2026?

Based on GuruFocus' analysis, Ambuja Cements stock appears to be undervalued. The current stock price of €2.54 is trading 31.7% below its estimated GF Value™ of €3.72. GuruFocus considers Ambuja Cements to be Possible Value Trap.

Key valuation signals for FRA:GJA:

  • PB Ratio: 1.13 (54% below median its 10-year median of 2.44)
  • GF Value™: €3.72 vs. price of €2.54 (31.7% below fair value)
  • GF Score™: 65/100 with 5 warning signs
  • Industry Position: 2.6% below the Building Materials median (#272 of 397)

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


Ambuja Cements Business Description

Comparable Companies
Other Exchanges AMBUJACEM:India500425:India
Address Shantigram, S.G. Highway, Adani Corporate House, Near Vaishno Devi Circle, Khodiyar, Ahemdabad, GJ, IND, 382421
Ambuja Cements Ltd is engaged in the manufacture and sale of cement, intermediary products, and cement-related products. The Company operates multiple cement manufacturing plants located at various locations and markets cement and cement-related products. Its product portfolio includes Ambuja Kawach, Ambuja Plus, Ambuja Compocem, Ambuja Cement, Ambuja Cool Walls, Purasand for Concrete & Plaster, and others. The Company generates revenue from within India.
65GF Score

Get the complete analysis for FRA:GJA

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

€2.54
Price
€3.72
GF Value