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Arman Financial Services Ltd stock PB Ratio (=2.27) is close to 2-year high of 2.27.
The historical rank and industry rank for Arman Financial Services's PB Ratio or its related term are showing as below:
NSE:ARMANFIN'
s PB Ratio Range Over the Past 10 Years
Min: 1.45 Med: 2.76 Max: 5.4
Current: 2.27
During the past 13 years, Arman Financial Services's highest PB Ratio was 5.40. The lowest was 1.45. And the median was 2.76.
NSE:ARMANFIN's PB Ratio is ranked worse than 77.95% of 526
companies
in the Credit Services industry
Industry Median: 1.06
vs NSE:ARMANFIN: 2.27
During the past 12 months, Arman Financial Services's average Book Value Per Share Growth Rate was 6.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 27.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 37.60% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 32.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Arman Financial Services was 52.20% per year. The lowest was 5.50% per year. And the median was 28.15% 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.
* 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 Credit Services subindustry, Arman Financial Services'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.
Arman Financial Services PB Ratio vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Arman Financial Services's PB Ratio distribution charts can be found below:
* The bar in red indicates where Arman Financial Services'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.
Arman Financial Services (NSE:ARMANFIN) has a PB Ratio of 2.27 as of Aug. 14, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Arman Financial Services and its competitors. This is 18% below median its historical median of 2.76. Over the past decade, Arman Financial Services' PB Ratio has ranged from 1.45 to 5.40. According to the industry distribution chart, Arman Financial Services ranks #410 out of 526 companies in the Credit Services industry, placing it in the top 77.9%.
Is Arman Financial Services' PB Ratio too high?
Arman Financial Services' current PB Ratio of 2.27 is 18% below median its 10-year median of 2.76. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 5.40. The Credit Services industry median PB Ratio is 1.06. Arman Financial Services' value of 2.27 is 114.2% above this industry median. Based on the distribution chart, Arman Financial Services ranks #410 out of 526 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Arman Financial Services has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Arman Financial Services' PB Ratio compare to V and MA?
According to the Credit Services industry distribution chart, Arman Financial Services ranks #410 out of 526 companies for PB Ratio. This places Arman Financial Services in the lower half of its industry. The industry median PB Ratio is 1.06. Arman Financial Services' value of 2.27 is 114.2% above this benchmark. Historically, Arman Financial Services' own PB Ratio has ranged from 1.45 to 5.40 over the past decade. While the company's 10-year median is 2.76 vs. the industry median of 1.06, Arman Financial Services 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 Credit Services company?
The median PB Ratio among Credit Services companies is 1.06, based on 526 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. Arman Financial Services's current PB Ratio of 2.27 is 114.2% 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 Arman Financial Services and its competitors. For the Credit Services industry, the median PB Ratio is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arman Financial Services's current PB Ratio is 2.27, which is 18% below median its own 10-year median of 2.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arman Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Arman Financial Services (NSE:ARMANFIN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,769.94, compared to a current price of ₹2,013.40 — trading 13.8% above its estimated fair value. The current PB Ratio is 2.27, which is 18% below median its 10-year median of 2.76 and 114.2% above the Credit Services industry median of 1.06. Arman Financial Services' overall GF Score™ is 82/100 with 7 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 Arman Financial Services (NSE:ARMANFIN), the current PB Ratio is 2.27 as of Aug. 14, 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 Arman Financial Services (NSE:ARMANFIN) Overvalued in 2026?
Based on GuruFocus' analysis, Arman Financial Services stock appears to be overvalued.
The current stock price of ₹2,013.40 is trading 13.8% above its estimated GF Value™ of ₹1,769.94.
GuruFocus considers Arman Financial Services to be Modestly Overvalued.
Key valuation signals for NSE:ARMANFIN:
PB Ratio: 2.27 (18% below median its 10-year median of 2.76)
GF Value™: ₹1,769.94 vs. price of ₹2,013.40 (13.8% above fair value)
Industry Position: 114.2% above the Credit Services median (#410 of 526)
No single metric tells the full story. See the NSE:ARMANFIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arman Financial Services Ltd is a Non-Banking Financial Company (NBFC-AFC) registered with the RBI. It specialises in financing two-wheeler purchases to MSMEs and extends microfinance services through its subsidiary focusing on women entrepreneurs. The Company has a presence in several Indian states, strategically focusing on rural and semi-urban areas. It serves the underserved informal sector with small-scale retail loans. The company generates the majority of its revenue from Interest Income. All the operations of the company are in India.
82GF Score
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