Indo Rama Synthetics (India)NSE:INDORAMA +0.93%66 PB Ratio is 2.30 as of Jul. 03, 2026, which is 11% below its 10-year median of 2.58. GuruFocus rates NSE:INDORAMA with a GF Score™ of 66/100 and a GF Value™ of ₹59.17 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,001 Manufacturing - Apparel & Accessories companies, Indo Rama Synthetics (India) ranks worse than 76.72% on this metric.
The historical rank and industry rank for Indo Rama Synthetics (India)'s PB Ratio or its related term are showing as below:
NSE:INDORAMA'
s PB Ratio Range Over the Past 10 Years
Min: 0.74 Med: 2.58 Max: 7.43
Current: 2.24
During the past 13 years, Indo Rama Synthetics (India)'s highest PB Ratio was 7.43. The lowest was 0.74. And the median was 2.58.
NSE:INDORAMA's PB Ratio is ranked worse than 76.72% of 1001
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.07
vs NSE:INDORAMA: 2.24
During the past 12 months, Indo Rama Synthetics (India)'s average Book Value Per Share Growth Rate was 41.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -6.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Indo Rama Synthetics (India) was 37.10% per year. The lowest was -36.40% per year. And the median was -3.20% per year.
Back to Basics: PB Ratio
Indo Rama Synthetics (India) (NSE:INDORAMA) 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.
Indo Rama Synthetics (India) PB Ratio Related Terms
Indo Rama Synthetics (India) PB Ratio Historical Data
* 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.
Indo Rama Synthetics (India) PB Ratio Competitor Comparison
For the Textile Manufacturing subindustry, Indo Rama Synthetics (India)'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.
Indo Rama Synthetics (India) PB Ratio vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indo Rama Synthetics (India)'s PB Ratio distribution charts can be found below:
* The bar in red indicates where Indo Rama Synthetics (India)'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.
Indo Rama Synthetics (India) (NSE:INDORAMA) has a PB Ratio of 2.30 as of Jul. 03, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Indo Rama Synthetics (India) and its competitors. This is 11% below median its historical median of 2.58. Over the past decade, Indo Rama Synthetics (India)'s PB Ratio has ranged from 0.74 to 7.43. According to the industry distribution chart, Indo Rama Synthetics (India) ranks #768 out of 1001 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 76.7%.
Is Indo Rama Synthetics (India)'s PB Ratio too high?
Indo Rama Synthetics (India)'s current PB Ratio of 2.30 is 11% below median its 10-year median of 2.58. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 7.43. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.07. Indo Rama Synthetics (India)'s value of 2.30 is 115% above this industry median. Based on the distribution chart, Indo Rama Synthetics (India) ranks #768 out of 1001 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Indo Rama Synthetics (India) has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indo Rama Synthetics (India)'s PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Indo Rama Synthetics (India) ranks #768 out of 1001 companies for PB Ratio. This places Indo Rama Synthetics (India) in the lower half of its industry. The industry median PB Ratio is 1.07. Indo Rama Synthetics (India)'s value of 2.30 is 115% above this benchmark. Historically, Indo Rama Synthetics (India)'s own PB Ratio has ranged from 0.74 to 7.43 over the past decade. While the company's 10-year median is 2.58 vs. the industry median of 1.07, Indo Rama Synthetics (India) 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 Manufacturing - Apparel & Accessories company?
The median PB Ratio among Manufacturing - Apparel & Accessories companies is 1.07, based on 1,001 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. Indo Rama Synthetics (India)'s current PB Ratio of 2.30 is 115% 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 Indo Rama Synthetics (India) and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Rama Synthetics (India)'s current PB Ratio is 2.30, which is 11% below median its own 10-year median of 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Rama Synthetics (India) stock overvalued right now?
Based on GuruFocus' analysis, Indo Rama Synthetics (India) (NSE:INDORAMA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹59.17, compared to a current price of ₹45.72 — trading 22.7% below its estimated fair value. The current PB Ratio is 2.30, which is 11% below median its 10-year median of 2.58 and 115% above the Manufacturing - Apparel & Accessories industry median of 1.07. Indo Rama Synthetics (India)'s overall GF Score™ is 66/100 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 Indo Rama Synthetics (India) (NSE:INDORAMA), the current PB Ratio is 2.30 as of Jul. 03, 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 Indo Rama Synthetics (India) (NSE:INDORAMA) Overvalued in 2026?
Based on GuruFocus' analysis, Indo Rama Synthetics (India) stock appears to be undervalued.
The current stock price of ₹45.72 is trading 22.7% below its estimated GF Value™ of ₹59.17.
GuruFocus considers Indo Rama Synthetics (India) to be Modestly Undervalued.
Key valuation signals for NSE:INDORAMA:
PB Ratio: 2.30 (11% below median its 10-year median of 2.58)
GF Value™: ₹59.17 vs. price of ₹45.72 (22.7% below fair value)
Industry Position: 115% above the Manufacturing - Apparel & Accessories median (#768 of 1001)
No single metric tells the full story. See the NSE:INDORAMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indo Rama Synthetics (India) Ltd is a polyester manufacturer. The company offers products such as Polyester Staple Fibre (PSF), Partially Oriented Yarn (POY), Draw Texturised Yarn (DTY), Fully Drawn Yarn (FDY), Polyester Chips, and Others. Its only operating segment is the manufacturing and trading of Polyester goods. Geographically, it derives a majority of revenue from India and also has a presence in Turkey, Nepal, and Other overseas countries.
66GF Score
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