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Grover JewellsNSE:GJL -4.38%18 PB Ratio is 13.30 as of Jul. 22, 2026, which is 4% below its 10-year median of 13.89. GuruFocus rates NSE:GJL with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,080 Retail - Cyclical companies, Grover Jewells ranks worse than 95.46% 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 (2026-07-22), Grover Jewells's share price is ₹153.00. Grover Jewells's Book Value per Share for the quarter that ended in Mar. 2025 was ₹11.51. Hence, Grover Jewells's PB Ratio of today is 13.30.
The historical rank and industry rank for Grover Jewells's PB Ratio or its related term are showing as below:
NSE:GJL'
s PB Ratio Range Over the Past 10 Years
Min: 9.19 Med: 13.89 Max: 22.18
Current: 13.3
During the past 3 years, Grover Jewells's highest PB Ratio was 22.18. The lowest was 9.19. And the median was 13.89.
NSE:GJL's PB Ratio is ranked worse than 95.46% of 1080
companies
in the Retail - Cyclical industry
Industry Median: 1.455
vs NSE:GJL: 13.30
During the past 12 months, Grover Jewells's average Book Value Per Share Growth Rate was 84.00% 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.
Grover Jewells PB Ratio Related Terms
Grover Jewells PB Ratio Historical Data
* Premium members only.
The historical data trend for Grover Jewells'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.
Grover Jewells PB Ratio Chart
Grover Jewells Annual Data
Trend
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Mar24
Mar25
PB Ratio
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Grover Jewells Semi-Annual Data
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Mar24
Mar25
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NSE:GJL vs TPR: PB Ratio Comparison
For the Luxury Goods subindustry, Grover Jewells'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.
Grover Jewells PB Ratio vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Grover Jewells's PB Ratio distribution charts can be found below:
* The bar in red indicates where Grover Jewells'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.
Grover Jewells'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.
Grover Jewells (NSE:GJL) has a PB Ratio of 13.30 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Grover Jewells and its competitors. This is near median its historical median of 13.89. Over the past decade, Grover Jewells' PB Ratio has ranged from 9.19 to 22.18. According to the industry distribution chart, Grover Jewells ranks #1031 out of 1080 companies in the Retail - Cyclical industry, placing it in the top 95.5%.
Is Grover Jewells' PB Ratio too high?
Grover Jewells' current PB Ratio of 13.30 is near median its 10-year median of 13.89. Over the past 10 years, this metric has ranged from a low of 9.19 to a high of 22.18. The Retail - Cyclical industry median PB Ratio is 1.46. Grover Jewells' value of 13.30 is 814.1% above this industry median. Based on the distribution chart, Grover Jewells ranks #1031 out of 1080 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Grover Jewells has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Grover Jewells' PB Ratio compare to TPR?
According to the Retail - Cyclical industry distribution chart, Grover Jewells ranks #1031 out of 1080 companies for PB Ratio. This places Grover Jewells in the lower half of its industry. The industry median PB Ratio is 1.46. Grover Jewells' value of 13.30 is 814.1% above this benchmark. Historically, Grover Jewells' own PB Ratio has ranged from 9.19 to 22.18 over the past decade. While the company's 10-year median is 13.89 vs. the industry median of 1.46, Grover Jewells 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 Retail - Cyclical company?
The median PB Ratio among Retail - Cyclical companies is 1.46, based on 1,080 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. Grover Jewells's current PB Ratio of 13.30 is 814.1% 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 Grover Jewells and its competitors. For the Retail - Cyclical industry, the median PB Ratio is 1.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grover Jewells's current PB Ratio is 13.30, which is near median its own 10-year median of 13.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grover Jewells stock overvalued right now?
Grover Jewells (NSE:GJL) has a current PB Ratio of 13.30. The current PB Ratio is 13.30, which is near median its 10-year median of 13.89 and 814.1% above the Retail - Cyclical industry median of 1.46. Grover Jewells' overall GF Score™ is 18/100 with 2 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 Grover Jewells (NSE:GJL), the current PB Ratio is 13.30 as of Jul. 22, 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.
Grover Jewells Ltd specializes in the manufacturing and designing of a wide range of wholesale gold jewellery. Its collections include plain gold, studded, and semi-finished jewellery, mostly available in 22 Karat, 20 Karat, and 18 Karat. The company also sell hallmarked as well as non-hallmarked jewellery in its showrooms located at Karol Bagh, New Delhi and Chandni Chowk, Delhi. The company commenced its operations with a specialization in the large-scale manufacturing of gold chains, serving both wholesale and retail markets. By offering products across various styles and price segments, it is able to cater to a wide customer base while maintaining the highest standards of craftsmanship, reliability, and trust that form the cornerstone of its brand.
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