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Godrej Industries Ltd stock PB Ratio (=3.71) is close to 1-year high of 3.76.
The historical rank and industry rank for Godrej Industries's PB Ratio or its related term are showing as below:
NSE:GODREJIND'
s PB Ratio Range Over the Past 10 Years
Min: 1.45 Med: 3.35 Max: 7.98
Current: 3.52
During the past 13 years, Godrej Industries's highest PB Ratio was 7.98. The lowest was 1.45. And the median was 3.35.
NSE:GODREJIND's PB Ratio is ranked worse than 85.74% of 540
companies
in the Conglomerates industry
Industry Median: 1.06
vs NSE:GODREJIND: 3.52
During the past 12 months, Godrej Industries's average Book Value Per Share Growth Rate was 10.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Godrej Industries was 52.50% per year. The lowest was -1.20% per year. And the median was 12.50% 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.
Godrej Industries PB Ratio Related Terms
Godrej Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for Godrej Industries'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 Conglomerates subindustry, Godrej Industries'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.
Godrej Industries PB Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Godrej Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Godrej Industries'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.
Godrej Industries (NSE:GODREJIND) has a PB Ratio of 3.52 as of Aug. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Godrej Industries and its competitors. This is near median its historical median of 3.35. Over the past decade, Godrej Industries' PB Ratio has ranged from 1.45 to 7.98. According to the industry distribution chart, Godrej Industries ranks #463 out of 540 companies in the Conglomerates industry, placing it in the top 85.7%.
Is Godrej Industries' PB Ratio too high?
Godrej Industries' current PB Ratio of 3.52 is near median its 10-year median of 3.35. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 7.98. The Conglomerates industry median PB Ratio is 1.06. Godrej Industries' value of 3.52 is 232.1% above this industry median. Based on the distribution chart, Godrej Industries ranks #463 out of 540 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Godrej Industries has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Godrej Industries' PB Ratio compare to MMM and HON?
According to the Conglomerates industry distribution chart, Godrej Industries ranks #463 out of 540 companies for PB Ratio. This places Godrej Industries in the lower half of its industry. The industry median PB Ratio is 1.06. Godrej Industries' value of 3.52 is 232.1% above this benchmark. Historically, Godrej Industries' own PB Ratio has ranged from 1.45 to 7.98 over the past decade. While the company's 10-year median is 3.35 vs. the industry median of 1.06, Godrej Industries 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 Conglomerates company?
The median PB Ratio among Conglomerates companies is 1.06, based on 540 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. Godrej Industries's current PB Ratio of 3.52 is 232.1% 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 Godrej Industries and its competitors. For the Conglomerates 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. Godrej Industries's current PB Ratio is 3.52, which is near median its own 10-year median of 3.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Godrej Industries stock overvalued right now?
Based on GuruFocus' analysis, Godrej Industries (NSE:GODREJIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,233.11, compared to a current price of ₹1,167.50 — trading 5.3% below its estimated fair value. The current PB Ratio is 3.52, which is near median its 10-year median of 3.35 and 232.1% above the Conglomerates industry median of 1.06. Godrej Industries' overall GF Score™ is 80/100 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 Godrej Industries (NSE:GODREJIND), the current PB Ratio is 3.52 as of Aug. 29, 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 Godrej Industries (NSE:GODREJIND) Overvalued in 2026?
Based on GuruFocus' analysis, Godrej Industries stock appears to be undervalued.
The current stock price of ₹1,167.50 is trading 5.3% below its estimated GF Value™ of ₹1,233.11.
GuruFocus considers Godrej Industries to be Fairly Valued.
Key valuation signals for NSE:GODREJIND:
PB Ratio: 3.52 (near median its 10-year median of 3.35)
GF Value™: ₹1,233.11 vs. price of ₹1,167.50 (5.3% below fair value)
Industry Position: 232.1% above the Conglomerates median (#463 of 540)
No single metric tells the full story. See the NSE:GODREJIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Godrej Industries Ltd is an India-based conglomerate with activities in agriculture, chemicals, real estate, consumer goods, and other industries. The firm has eight segments. The estate and property development segment develops, leases, and sells residential and commercial properties. The animal feed segment sells animal feed compounds for cattle, poultry, shrimp, and fish. The vegetable oils segment produces refined vegetable oils. The chemicals segment sells compounds used to make soaps, detergents, and other consumer products. The dairy segment sells milk and milk-based products. The crop protection segment provides pesticides and growth compounds. The two smallest segments account for finance and investments as well as hospitality. The majority of its revenue comes from India.
80GF Score
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