Indorama Ventures PCLINDOY 72 PB Ratio is 1.03 as of Jun. 26, 2026, which is 24% below its 10-year median of 1.36. GuruFocus rates INDOY with a GF Score™ of 72/100 and a GF Value™ of $6.20. The stock has 6 warning signs investors should review. Among 1,583 Chemicals companies, Indorama Ventures PCL ranks better than 73.72% on this metric.
The historical rank and industry rank for Indorama Ventures PCL's PB Ratio or its related term are showing as below:
INDOY'
s PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 1.36 Max: 2.66
Current: 1.01
During the past 13 years, Indorama Ventures PCL's highest PB Ratio was 2.66. The lowest was 0.63. And the median was 1.36.
INDOY's PB Ratio is ranked better than 73.72% of 1583
companies
in the Chemicals industry
Industry Median: 1.77
vs INDOY: 1.01
During the past 12 months, Indorama Ventures PCL's average Book Value Per Share Growth Rate was -2.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -14.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Indorama Ventures PCL was 61.20% per year. The lowest was -14.20% per year. And the median was 12.40% per year.
Back to Basics: PB Ratio
Indorama Ventures PCL (OTCPK:INDOY) PB Ratio Explanation
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.
For the Chemicals subindustry, Indorama Ventures PCL'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.
Indorama Ventures PCL PB Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Indorama Ventures PCL's PB Ratio distribution charts can be found below:
* The bar in red indicates where Indorama Ventures PCL'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.
Indorama Ventures PCL (INDOY) has a PB Ratio of 1.03 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Indorama Ventures PCL and its competitors. This is 24% below median its historical median of 1.36. Over the past decade, Indorama Ventures PCL's PB Ratio has ranged from 0.63 to 2.66. According to the industry distribution chart, Indorama Ventures PCL ranks #416 out of 1583 companies in the Chemicals industry, placing it in the top 26.3%.
Is Indorama Ventures PCL's PB Ratio too high?
Indorama Ventures PCL's current PB Ratio of 1.03 is 24% below median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 2.66. The Chemicals industry median PB Ratio is 1.77. Indorama Ventures PCL's value of 1.03 is 41.8% below this industry median. Based on the distribution chart, Indorama Ventures PCL ranks #416 out of 1583 companies in the Chemicals industry, which is above the industry midpoint. Overall, Indorama Ventures PCL has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Indorama Ventures PCL's PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Indorama Ventures PCL ranks #416 out of 1583 companies for PB Ratio. This puts Indorama Ventures PCL in the upper half of its industry. The industry median PB Ratio is 1.77. Indorama Ventures PCL's value of 1.03 is 41.8% below this benchmark. Historically, Indorama Ventures PCL's own PB Ratio has ranged from 0.63 to 2.66 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 1.77, Indorama Ventures PCL 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.77, based on 1,583 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. Indorama Ventures PCL's current PB Ratio of 1.03 is 41.8% 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 Indorama Ventures PCL and its competitors. For the Chemicals industry, the median PB Ratio is 1.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indorama Ventures PCL's current PB Ratio is 1.03, which is 24% below median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indorama Ventures PCL stock overvalued right now?
Indorama Ventures PCL (INDOY) has a current PB Ratio of 1.03. The stock's GF Value™ is $6.20, compared to a current price of $7.03 — trading 13.4% above its estimated fair value. The current PB Ratio is 1.03, which is 24% below median its 10-year median of 1.36 and 41.8% below the Chemicals industry median of 1.77. Indorama Ventures PCL's overall GF Score™ is 72/100 with 6 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 Indorama Ventures PCL (INDOY), the current PB Ratio is 1.03 as of Jun. 26, 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 Indorama Ventures PCL (INDOY) Overvalued in 2026?
Based on GuruFocus' analysis, Indorama Ventures PCL stock appears to be overvalued.
The current stock price of $7.03 is trading 13.4% above its estimated GF Value™ of $6.20.
Key valuation signals for INDOY:
PB Ratio: 1.03 (24% below median its 10-year median of 1.36)
GF Value™: $6.20 vs. price of $7.03 (13.4% above fair value)
Industry Position: 41.8% below the Chemicals median (#416 of 1583)
No single metric tells the full story. See the INDOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indorama Ventures PCL is engaged in the manufacture and distribution of Polyethylene Terephthalate, Purified Terephthalic Acid, Paraxylene, recycling, Purified Isophthalic Acid, Naphthalene Dicarboxylate, PET preforms and packaging, Integrated EG, Integrated purified EO, PO/MTBE, Integrated Surfactants comprising EOA, LAB and others, Fibers including Polyester, Rayon, Nylon, Polypropylene, composites and worsted wool fibers products. The company operates in three reportable segments Combined PET, Integrated Oxides and Derivatives and Fibers. The maximum revenue is derived from the Combined PET segment.
72GF Score
Get the complete analysis for INDOY
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
INDOY has been successfully added to your 
