IIFL Capital ServicesNSE:IIFLCAPS 84 PB Ratio is 3.44 as of Jul. 08, 2026, which is 49% above its 10-year median of 2.31. GuruFocus rates NSE:IIFLCAPS with a GF Score™ of 84/100 and a GF Value™ of ₹235.29 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 776 Capital Markets companies, IIFL Capital Services ranks worse than 79.38% on this metric.
The historical rank and industry rank for IIFL Capital Services's PB Ratio or its related term are showing as below:
NSE:IIFLCAPS'
s PB Ratio Range Over the Past 10 Years
Min: 0.76 Med: 2.31 Max: 6.18
Current: 3.44
During the past 10 years, IIFL Capital Services's highest PB Ratio was 6.18. The lowest was 0.76. And the median was 2.31.
NSE:IIFLCAPS's PB Ratio is ranked worse than 79.38% of 776
companies
in the Capital Markets industry
Industry Median: 1.345
vs NSE:IIFLCAPS: 3.44
During the past 12 months, IIFL Capital Services's average Book Value Per Share Growth Rate was 21.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 30.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 26.00% per year.
During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of IIFL Capital Services was 30.60% per year. The lowest was 17.10% per year. And the median was 22.00% per year.
Back to Basics: PB Ratio
IIFL Capital Services (NSE:IIFLCAPS) PB Ratio Explanation
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 Capital Markets subindustry, IIFL Capital 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.
IIFL Capital Services PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, IIFL Capital Services's PB Ratio distribution charts can be found below:
* The bar in red indicates where IIFL Capital 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.
IIFL Capital Services (NSE:IIFLCAPS) has a PB Ratio of 3.44 as of Jul. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on IIFL Capital Services and its competitors. This is 49% above median its historical median of 2.31. Over the past decade, IIFL Capital Services' PB Ratio has ranged from 0.76 to 6.18. According to the industry distribution chart, IIFL Capital Services ranks #616 out of 776 companies in the Capital Markets industry, placing it in the top 79.4%.
Is IIFL Capital Services' PB Ratio too high?
IIFL Capital Services' current PB Ratio of 3.44 is 49% above median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 6.18. The Capital Markets industry median PB Ratio is 1.35. IIFL Capital Services' value of 3.44 is 155.8% above this industry median. Based on the distribution chart, IIFL Capital Services ranks #616 out of 776 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, IIFL Capital Services has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IIFL Capital Services' PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, IIFL Capital Services ranks #616 out of 776 companies for PB Ratio. This places IIFL Capital Services in the lower half of its industry. The industry median PB Ratio is 1.35. IIFL Capital Services' value of 3.44 is 155.8% above this benchmark. Historically, IIFL Capital Services' own PB Ratio has ranged from 0.76 to 6.18 over the past decade. While the company's 10-year median is 2.31 vs. the industry median of 1.35, IIFL Capital 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.35, based on 776 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. IIFL Capital Services's current PB Ratio of 3.44 is 155.8% 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 IIFL Capital Services and its competitors. For the Capital Markets industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IIFL Capital Services's current PB Ratio is 3.44, which is 49% above median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IIFL Capital Services stock overvalued right now?
Based on GuruFocus' analysis, IIFL Capital Services (NSE:IIFLCAPS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹235.29, compared to a current price of ₹338.95 — trading 44.1% above its estimated fair value. The current PB Ratio is 3.44, which is 49% above median its 10-year median of 2.31 and 155.8% above the Capital Markets industry median of 1.35. IIFL Capital Services' overall GF Score™ is 84/100 with 9 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 IIFL Capital Services (NSE:IIFLCAPS), the current PB Ratio is 3.44 as of Jul. 08, 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 IIFL Capital Services (NSE:IIFLCAPS) Overvalued in 2026?
Based on GuruFocus' analysis, IIFL Capital Services stock appears to be overvalued.
The current stock price of ₹338.95 is trading 44.1% above its estimated GF Value™ of ₹235.29.
GuruFocus considers IIFL Capital Services to be Significantly Overvalued.
Key valuation signals for NSE:IIFLCAPS:
PB Ratio: 3.44 (49% above median its 10-year median of 2.31)
GF Value™: ₹235.29 vs. price of ₹338.95 (44.1% above fair value)
Industry Position: 155.8% above the Capital Markets median (#616 of 776)
No single metric tells the full story. See the NSE:IIFLCAPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IIFL Capital Services Ltd is engaged in retail broking and financial product distribution. It operates as an independent full-service retail and institutional broking firm in India and provides a range of investment advisory and financial services. Its clients include corporates, institutional investors, foreign portfolio investors, mutual funds, insurance companies, alternative investment funds, trusts, high-net-worth individuals, and retail investors. The company's retail brokerage and financial services include financial planning, equity, commodities and currency broking, depository participant services, portfolio advisory, and other investment products. Its institutional equities business provides broking, research, and corporate access services to institutional clients.
84GF Score
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