Giriraj Civil Developers (NSE:GIRIRAJ) PB Ratio: 1.22 (As of Sep. 05, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

NSE:GIRIRAJ Giriraj Civil Developers Ltd NSE:GIRIRAJ
79 GF Score
Price ₹74.65
GF Value ₹378.90
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Giriraj Civil Developers PB Ratio?

Giriraj Civil Developers NSE:GIRIRAJ -4.96% 79 PB Ratio is 1.22 as of Sep. 05, 2026, which is 2% below its 10-year median of 1.24. GuruFocus rates NSE:GIRIRAJ with a GF Score™ of 79/100 and a GF Value™ of ₹378.90 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,727 Construction companies, Giriraj Civil Developers ranks worse than 50.78% 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 (2026-09-05), Giriraj Civil Developers's share price is ₹74.65. Giriraj Civil Developers's Book Value per Share for the quarter that ended in Mar. 2026 was ₹61.22. Hence, Giriraj Civil Developers's PB Ratio of today is 1.22.

The historical rank and industry rank for Giriraj Civil Developers's PB Ratio or its related term are showing as below:

NSE:GIRIRAJ' s PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.24   Max: 31.89
Current: 1.22

During the past 13 years, Giriraj Civil Developers's highest PB Ratio was 31.89. The lowest was 0.27. And the median was 1.24.

NSE:GIRIRAJ's PB Ratio is ranked worse than
50.78% of 1727 companies
in the Construction industry
Industry Median: 1.33 vs NSE:GIRIRAJ: 1.22

During the past 12 months, Giriraj Civil Developers's average Book Value Per Share Growth Rate was 11.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 27.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 30.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 20.90% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Giriraj Civil Developers was 37.60% per year. The lowest was 9.40% per year. And the median was 17.30% per year.

Back to Basics: PB Ratio


Giriraj Civil Developers  (NSE:GIRIRAJ) 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.


Giriraj Civil Developers PB Ratio Related Terms


Giriraj Civil Developers PB Ratio Historical Data

* Premium members only.

The historical data trend for Giriraj Civil Developers'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.

Giriraj Civil Developers PB Ratio Chart

Giriraj Civil Developers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 1.18 11.42 4.84 3.03

Giriraj Civil Developers Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 11.42 7.91 4.84 6.52 3.02

NSE:GIRIRAJ vs PWR, FIX, EME: PB Ratio Comparison

For the Engineering & Construction subindustry, Giriraj Civil Developers'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.


Giriraj Civil Developers PB Ratio vs Construction Industry

For the Construction industry and Industrials sector, Giriraj Civil Developers's PB Ratio distribution charts can be found below:

* The bar in red indicates where Giriraj Civil Developers's PB Ratio falls into.


NSE:GIRIRAJ
79GF Score
Giriraj Civil Developers Ltd NSE:GIRIRAJ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Giriraj Civil Developers 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.

Giriraj Civil Developers's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=74.65/61.223
=1.22

* 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 1.22 mean?
Giriraj Civil Developers (NSE:GIRIRAJ) has a PB Ratio of 1.22 as of Sep. 05, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Giriraj Civil Developers and its competitors. This is near median its historical median of 1.24. Over the past decade, Giriraj Civil Developers' PB Ratio has ranged from 0.27 to 31.89. According to the industry distribution chart, Giriraj Civil Developers ranks #877 out of 1727 companies in the Construction industry, placing it in the top 50.8%.
Is Giriraj Civil Developers' PB Ratio too high?
Giriraj Civil Developers' current PB Ratio of 1.22 is near median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 31.89. The Construction industry median PB Ratio is 1.33. Giriraj Civil Developers' value of 1.22 is 8.3% below this industry median. Based on the distribution chart, Giriraj Civil Developers ranks #877 out of 1727 companies in the Construction industry, which is below the industry midpoint. Overall, Giriraj Civil Developers has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Giriraj Civil Developers' PB Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Giriraj Civil Developers ranks #877 out of 1727 companies for PB Ratio. This places Giriraj Civil Developers in the lower half of its industry. The industry median PB Ratio is 1.33. Giriraj Civil Developers' value of 1.22 is 8.3% below this benchmark. Historically, Giriraj Civil Developers' own PB Ratio has ranged from 0.27 to 31.89 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 1.33, Giriraj Civil Developers 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 Construction company?
The median PB Ratio among Construction companies is 1.33, based on 1,727 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. Giriraj Civil Developers's current PB Ratio of 1.22 is 8.3% 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 Giriraj Civil Developers and its competitors. For the Construction industry, the median PB Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Giriraj Civil Developers's current PB Ratio is 1.22, which is near median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giriraj Civil Developers stock overvalued right now?
Based on GuruFocus' analysis, Giriraj Civil Developers (NSE:GIRIRAJ) is currently considered Possible Value Trap. The stock's GF Value™ is ₹378.90, compared to a current price of ₹74.65 — trading 80.3% below its estimated fair value. The current PB Ratio is 1.22, which is near median its 10-year median of 1.24 and 8.3% below the Construction industry median of 1.33. Giriraj Civil Developers' overall GF Score™ is 79/100 with 4 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 Giriraj Civil Developers (NSE:GIRIRAJ), the current PB Ratio is 1.22 as of Sep. 05, 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 Giriraj Civil Developers (NSE:GIRIRAJ) Overvalued in 2026?

Based on GuruFocus' analysis, Giriraj Civil Developers stock appears to be undervalued. The current stock price of ₹74.65 is trading 80.3% below its estimated GF Value™ of ₹378.90. GuruFocus considers Giriraj Civil Developers to be Possible Value Trap.

Key valuation signals for NSE:GIRIRAJ:

  • PB Ratio: 1.22 (near median its 10-year median of 1.24)
  • GF Value™: ₹378.90 vs. price of ₹74.65 (80.3% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 8.3% below the Construction median (#877 of 1727)

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


Giriraj Civil Developers Business Description

Address Ramdas Sutrale Marg, Off Chandavarkar Lane, 2nd Floor, Nine Square, Borivali West, Mumbai, MH, IND, 400092
Giriraj Civil Developers Ltd is an Indian company that provides infrastructure and construction services. It executes contract work for government, semi-government, corporate, and private organizations. The services offered by the group are for RCC roads, Bridges, foot-over bridges, Buildings, Earthworks, Road over bridges, and Other civil engineering works. The company has one segment: civil contractors.
79GF Score

Get the complete analysis for NSE:GIRIRAJ

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

₹74.65
Price
₹378.90
GF Value