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Anand Rathi WealthNSE:ANANDRATHI +1.69%87 PB Ratio is 34.50 as of Aug. 02, 2026, which is 55% above its 10-year median of 22.29. GuruFocus rates NSE:ANANDRATHI with a GF Score™ of 87/100 and a GF Value™ of ₹1,618.29 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,602 Asset Management companies, Anand Rathi Wealth ranks worse than 99.5% on this metric.
Anand Rathi Wealth Ltd stock PB Ratio (=33.96) is close to 5-year high of 33.96.
The historical rank and industry rank for Anand Rathi Wealth's PB Ratio or its related term are showing as below:
NSE:ANANDRATHI'
s PB Ratio Range Over the Past 10 Years
Min: 6.84 Med: 22.29 Max: 34.41
Current: 34.41
During the past 8 years, Anand Rathi Wealth's highest PB Ratio was 34.41. The lowest was 6.84. And the median was 22.29.
NSE:ANANDRATHI's PB Ratio is ranked worse than 99.5% of 1602
companies
in the Asset Management industry
Industry Median: 0.95
vs NSE:ANANDRATHI: 34.41
During the past 12 months, Anand Rathi Wealth's average Book Value Per Share Growth Rate was 48.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 28.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 31.00% per year.
During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Anand Rathi Wealth was 40.50% per year. The lowest was 25.30% per year. And the median was 36.20% 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.
Anand Rathi Wealth PB Ratio Related Terms
Anand Rathi Wealth PB Ratio Historical Data
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The historical data trend for Anand Rathi Wealth'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.
NSE:ANANDRATHI vs BLK, BX, KKR: PB Ratio Comparison
For the Asset Management subindustry, Anand Rathi Wealth'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.
Anand Rathi Wealth PB Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Anand Rathi Wealth's PB Ratio distribution charts can be found below:
* The bar in red indicates where Anand Rathi Wealth'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.
Anand Rathi Wealth (NSE:ANANDRATHI) has a PB Ratio of 34.50 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Anand Rathi Wealth and its competitors. This is 55% above median its historical median of 22.29. Over the past decade, Anand Rathi Wealth's PB Ratio has ranged from 6.84 to 34.41. According to the industry distribution chart, Anand Rathi Wealth ranks #1594 out of 1602 companies in the Asset Management industry, placing it in the top 99.5%.
Is Anand Rathi Wealth's PB Ratio too high?
Anand Rathi Wealth's current PB Ratio of 34.50 is 55% above median its 10-year median of 22.29. Over the past 10 years, this metric has ranged from a low of 6.84 to a high of 34.41. The Asset Management industry median PB Ratio is 0.95. Anand Rathi Wealth's value of 34.50 is 3531.6% above this industry median. Based on the distribution chart, Anand Rathi Wealth ranks #1594 out of 1602 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Anand Rathi Wealth has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anand Rathi Wealth's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Anand Rathi Wealth ranks #1594 out of 1602 companies for PB Ratio. This places Anand Rathi Wealth in the lower half of its industry. The industry median PB Ratio is 0.95. Anand Rathi Wealth's value of 34.50 is 3531.6% above this benchmark. Historically, Anand Rathi Wealth's own PB Ratio has ranged from 6.84 to 34.41 over the past decade. While the company's 10-year median is 22.29 vs. the industry median of 0.95, Anand Rathi Wealth 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 an Asset Management company?
The median PB Ratio among Asset Management companies is 0.95, based on 1,602 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. Anand Rathi Wealth's current PB Ratio of 34.50 is 3531.6% 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 Anand Rathi Wealth and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anand Rathi Wealth's current PB Ratio is 34.50, which is 55% above median its own 10-year median of 22.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anand Rathi Wealth stock overvalued right now?
Based on GuruFocus' analysis, Anand Rathi Wealth (NSE:ANANDRATHI) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,618.29, compared to a current price of ₹2,073.70 — trading 28.1% above its estimated fair value. The current PB Ratio is 34.50, which is 55% above median its 10-year median of 22.29 and 3531.6% above the Asset Management industry median of 0.95. Anand Rathi Wealth's overall GF Score™ is 87/100 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 Anand Rathi Wealth (NSE:ANANDRATHI), the current PB Ratio is 34.50 as of Aug. 02, 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 Anand Rathi Wealth (NSE:ANANDRATHI) Overvalued in 2026?
Based on GuruFocus' analysis, Anand Rathi Wealth stock appears to be overvalued.
The current stock price of ₹2,073.70 is trading 28.1% above its estimated GF Value™ of ₹1,618.29.
GuruFocus considers Anand Rathi Wealth to be Modestly Overvalued.
Key valuation signals for NSE:ANANDRATHI:
PB Ratio: 34.50 (55% above median its 10-year median of 22.29)
GF Value™: ₹1,618.29 vs. price of ₹2,073.70 (28.1% above fair value)
Industry Position: 3531.6% above the Asset Management median (#1594 of 1602)
No single metric tells the full story. See the NSE:ANANDRATHI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Anand Rathi Wealth Ltd is a non-bank wealth solutions firm. The company focuses on High-Net-Worth Individuals (HNIs) and Ultra-High-Net-Worth Individuals (UHNIs) families, offering straightforward solutions aimed at optimizing and enhancing their wealth through a wide product portfolio of wealth solutions, financial product distributions, and technology solutions. The company operates only in one business segment, i.e., Services for the distribution and sale of financial products within India.
87GF Score
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