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Indian Card Clothing CoNSE:INDIANCARD +1.35%62 PB Ratio is 0.39 as of Jul. 26, 2026, which is 38% below its 10-year median of 0.63. GuruFocus rates NSE:INDIANCARD with a GF Score™ of 62/100 and a GF Value™ of ₹235.89 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,005 Manufacturing - Apparel & Accessories companies, Indian Card Clothing Co ranks better than 85.77% on this metric.
Indian Card Clothing Co Ltd stock PB Ratio (=0.41) is close to 1-year high of 0.44.
The historical rank and industry rank for Indian Card Clothing Co's PB Ratio or its related term are showing as below:
NSE:INDIANCARD'
s PB Ratio Range Over the Past 10 Years
Min: 0.29 Med: 0.63 Max: 1.83
Current: 0.41
During the past 13 years, Indian Card Clothing Co's highest PB Ratio was 1.83. The lowest was 0.29. And the median was 0.63.
NSE:INDIANCARD's PB Ratio is ranked better than 85.77% of 1005
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.06
vs NSE:INDIANCARD: 0.41
During the past 12 months, Indian Card Clothing Co's average Book Value Per Share Growth Rate was 1.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 12.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 28.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 13.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Indian Card Clothing Co was 51.00% per year. The lowest was -17.30% per year. And the median was 3.00% per year.
Back to Basics: PB Ratio
Indian Card Clothing Co (NSE:INDIANCARD) 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.
Indian Card Clothing Co PB Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Indian Card Clothing Co'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.
Indian Card Clothing Co PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indian Card Clothing Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Indian Card Clothing Co'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.
Indian Card Clothing Co (NSE:INDIANCARD) has a PB Ratio of 0.39 as of Jul. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Indian Card Clothing Co and its competitors. This is 38% below median its historical median of 0.63. Over the past decade, Indian Card Clothing Co's PB Ratio has ranged from 0.29 to 1.83. According to the industry distribution chart, Indian Card Clothing Co ranks #143 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 14.2%.
Is Indian Card Clothing Co's PB Ratio too high?
Indian Card Clothing Co's current PB Ratio of 0.39 is 38% below median its 10-year median of 0.63. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.83. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.06. Indian Card Clothing Co's value of 0.39 is 63.2% below this industry median. Based on the distribution chart, Indian Card Clothing Co ranks #143 out of 1005 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Card Clothing Co has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Card Clothing Co's PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Indian Card Clothing Co ranks #143 out of 1005 companies for PB Ratio. This places Indian Card Clothing Co in the top 14% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.06. Indian Card Clothing Co's value of 0.39 is 63.2% below this benchmark. Historically, Indian Card Clothing Co's own PB Ratio has ranged from 0.29 to 1.83 over the past decade. While the company's 10-year median is 0.63 vs. the industry median of 1.06, Indian Card Clothing Co 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.06, based on 1,005 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. Indian Card Clothing Co's current PB Ratio of 0.39 is 63.2% 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 Indian Card Clothing Co and its competitors. For the Manufacturing - Apparel & Accessories 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. Indian Card Clothing Co's current PB Ratio is 0.39, which is 38% below median its own 10-year median of 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Card Clothing Co stock overvalued right now?
Based on GuruFocus' analysis, Indian Card Clothing Co (NSE:INDIANCARD) is currently considered Fairly Valued. The stock's GF Value™ is ₹235.89, compared to a current price of ₹223.97 — trading 5.1% below its estimated fair value. The current PB Ratio is 0.39, which is 38% below median its 10-year median of 0.63 and 63.2% below the Manufacturing - Apparel & Accessories industry median of 1.06. Indian Card Clothing Co's overall GF Score™ is 62/100 with 5 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 Indian Card Clothing Co (NSE:INDIANCARD), the current PB Ratio is 0.39 as of Jul. 26, 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 Indian Card Clothing Co (NSE:INDIANCARD) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Card Clothing Co stock appears to be undervalued.
The current stock price of ₹223.97 is trading 5.1% below its estimated GF Value™ of ₹235.89.
GuruFocus considers Indian Card Clothing Co to be Fairly Valued.
Key valuation signals for NSE:INDIANCARD:
PB Ratio: 0.39 (38% below median its 10-year median of 0.63)
GF Value™: ₹235.89 vs. price of ₹223.97 (5.1% below fair value)
Industry Position: 63.2% below the Manufacturing - Apparel & Accessories median (#143 of 1005)
No single metric tells the full story. See the NSE:INDIANCARD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Card Clothing Co Ltd (ICC) is a precision engineering company specializing in the manufacturing and supply of card clothing products and carding solutions for the textile industry. ICC has developed card clothing products such as cylinder wires, doffer wires, lickerin wires, and flat tops used in cotton carding and non-woven textile processes. The company operates manufacturing facilities in Pune, Maharashtra, and Nalagarh, Himachal Pradesh, catering to domestic and international markets. It generates revenue through sales of card clothing sets and related accessories to textile producers. ICC focuses on technology-driven product innovation to meet evolving industry requirements.
62GF Score
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