IndusInd BankLUX:IDUSB 77 PB Ratio is 1.89 as of Jul. 13, 2026, which is 6% above its 10-year median of 1.78. GuruFocus rates LUX:IDUSB with a GF Score™ of 77/100 and a GF Value™ of $17.65. The stock has 8 warning signs investors should review. Among 1,520 Banks companies, IndusInd Bank ranks worse than 56.91% 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), IndusInd Bank's share price is $17.20. IndusInd Bank's Book Value per Share for the quarter that ended in Mar. 2026 was $9.09. Hence, IndusInd Bank's PB Ratio of today is 1.89.
Warning Sign:
IndusInd Bank Ltd stock PB Ratio (=1.2) is close to 1-year high of 1.2.
The historical rank and industry rank for IndusInd Bank's PB Ratio or its related term are showing as below:
LUX:IDUSB'
s PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 1.78 Max: 4.95
Current: 1.2
During the past 13 years, IndusInd Bank's highest PB Ratio was 4.95. The lowest was 0.63. And the median was 1.78.
LUX:IDUSB's PB Ratio is ranked worse than 56.91% of 1520
companies
in the Banks industry
Industry Median: 1.1
vs LUX:IDUSB: 1.20
During the past 12 months, IndusInd Bank's average Book Value Per Share Growth Rate was 1.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of IndusInd Bank was 35.70% per year. The lowest was 6.00% per year. And the median was 16.30% 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.
IndusInd Bank PB Ratio Related Terms
IndusInd Bank PB Ratio Historical Data
* Premium members only.
The historical data trend for IndusInd Bank'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 Banks - Regional subindustry, IndusInd Bank'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.
IndusInd Bank PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, IndusInd Bank's PB Ratio distribution charts can be found below:
* The bar in red indicates where IndusInd Bank'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.
IndusInd Bank'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.
IndusInd Bank (LUX:IDUSB) has a PB Ratio of 1.89 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 IndusInd Bank and its competitors. This is near median its historical median of 1.78. Over the past decade, IndusInd Bank's PB Ratio has ranged from 0.63 to 4.95. According to the industry distribution chart, IndusInd Bank ranks #865 out of 1520 companies in the Banks industry, placing it in the top 56.9%.
Is IndusInd Bank's PB Ratio too high?
IndusInd Bank's current PB Ratio of 1.89 is near median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 4.95. The Banks industry median PB Ratio is 1.10. IndusInd Bank's value of 1.89 is 71.8% above this industry median. Based on the distribution chart, IndusInd Bank ranks #865 out of 1520 companies in the Banks industry, which is below the industry midpoint. Overall, IndusInd Bank has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does IndusInd Bank's PB Ratio compare to competitors?
According to the Banks industry distribution chart, IndusInd Bank ranks #865 out of 1520 companies for PB Ratio. This places IndusInd Bank in the lower half of its industry. The industry median PB Ratio is 1.10. IndusInd Bank's value of 1.89 is 71.8% above this benchmark. Historically, IndusInd Bank's own PB Ratio has ranged from 0.63 to 4.95 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 1.10, IndusInd Bank 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 Banks company?
The median PB Ratio among Banks companies is 1.10, based on 1,520 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. IndusInd Bank's current PB Ratio of 1.89 is 71.8% 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 IndusInd Bank and its competitors. For the Banks 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. IndusInd Bank's current PB Ratio is 1.89, which is near median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IndusInd Bank stock overvalued right now?
IndusInd Bank (LUX:IDUSB) has a current PB Ratio of 1.89. The stock's GF Value™ is $17.65, compared to a current price of $17.20 — trading 2.5% below its estimated fair value. The current PB Ratio is 1.89, which is near median its 10-year median of 1.78 and 71.8% above the Banks industry median of 1.10. IndusInd Bank's overall GF Score™ is 77/100 with 8 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 IndusInd Bank (LUX:IDUSB), the current PB Ratio is 1.89 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 IndusInd Bank (LUX:IDUSB) Overvalued in 2026?
Based on GuruFocus' analysis, IndusInd Bank stock appears to be undervalued.
The current stock price of $17.20 is trading 2.5% below its estimated GF Value™ of $17.65.
Key valuation signals for LUX:IDUSB:
PB Ratio: 1.89 (near median its 10-year median of 1.78)
GF Value™: $17.65 vs. price of $17.20 (2.5% below fair value)
Industry Position: 71.8% above the Banks median (#865 of 1520)
No single metric tells the full story. See the LUX:IDUSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IndusInd Bank Ltd is a full-service banking group operating in India. Its services include consumer banking, credit cards, consumer finance, corporate banking, commercial banking, transaction banking, priority sector lending, risk management, and financial restructuring and reconstruction. The Bank operates in four business segments, viz. Treasury, Corporate/ Wholesale Banking, Retail Banking and Other Banking Operations. The Bank generates the majority of the revenue from Retail Banking segment. The bank's strategic focus has been to maintain its high-street brand, and it has adopted various initiatives to increase the brand's visibility through digital marketing and increased financial technology.
77GF Score
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