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Innomet Advanced MaterialsNSE:INNOMET -0.95%44 PB Ratio is 8.48 as of Sep. 21, 2026, which is 65% above its 10-year median of 5.15. GuruFocus rates NSE:INNOMET with a GF Score™ of 44/100. The stock has 7 warning signs investors should review. Among 2,371 Metals & Mining companies, Innomet Advanced Materials ranks worse than 87.56% on this metric.
Innomet Advanced Materials Ltd stock PB Ratio (=8.54) is close to 1-year high of 8.54.
The historical rank and industry rank for Innomet Advanced Materials's PB Ratio or its related term are showing as below:
NSE:INNOMET'
s PB Ratio Range Over the Past 10 Years
Min: 2.11 Med: 5.15 Max: 20.2
Current: 8.49
During the past 6 years, Innomet Advanced Materials's highest PB Ratio was 20.20. The lowest was 2.11. And the median was 5.15.
NSE:INNOMET's PB Ratio is ranked worse than 87.56% of 2371
companies
in the Metals & Mining industry
Industry Median: 2.33
vs NSE:INNOMET: 8.49
During the past 12 months, Innomet Advanced Materials's average Book Value Per Share Growth Rate was 3.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 82.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 90.30% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Innomet Advanced Materials was 121.60% per year. The lowest was 82.50% per year. And the median was 85.50% 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.
Innomet Advanced Materials PB Ratio Related Terms
Innomet Advanced Materials 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.
Innomet Advanced Materials PB Ratio Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Innomet Advanced Materials'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.
Innomet Advanced Materials PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Innomet Advanced Materials's PB Ratio distribution charts can be found below:
* The bar in red indicates where Innomet Advanced Materials'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.
Innomet Advanced Materials (NSE:INNOMET) has a PB Ratio of 8.48 as of Sep. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Innomet Advanced Materials and its competitors. This is 65% above median its historical median of 5.15. Over the past decade, Innomet Advanced Materials' PB Ratio has ranged from 2.11 to 20.20. According to the industry distribution chart, Innomet Advanced Materials ranks #2076 out of 2371 companies in the Metals & Mining industry, placing it in the top 87.6%.
Is Innomet Advanced Materials' PB Ratio too high?
Innomet Advanced Materials' current PB Ratio of 8.48 is 65% above median its 10-year median of 5.15. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 20.20. The Metals & Mining industry median PB Ratio is 2.33. Innomet Advanced Materials' value of 8.48 is 263.9% above this industry median. Based on the distribution chart, Innomet Advanced Materials ranks #2076 out of 2371 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Innomet Advanced Materials has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Innomet Advanced Materials' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Innomet Advanced Materials ranks #2076 out of 2371 companies for PB Ratio. This places Innomet Advanced Materials in the lower half of its industry. The industry median PB Ratio is 2.33. Innomet Advanced Materials' value of 8.48 is 263.9% above this benchmark. Historically, Innomet Advanced Materials' own PB Ratio has ranged from 2.11 to 20.20 over the past decade. While the company's 10-year median is 5.15 vs. the industry median of 2.33, Innomet Advanced Materials 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 Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.33, based on 2,371 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. Innomet Advanced Materials's current PB Ratio of 8.48 is 263.9% 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 Innomet Advanced Materials and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innomet Advanced Materials's current PB Ratio is 8.48, which is 65% above median its own 10-year median of 5.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innomet Advanced Materials stock overvalued right now?
Innomet Advanced Materials (NSE:INNOMET) has a current PB Ratio of 8.48. The current PB Ratio is 8.48, which is 65% above median its 10-year median of 5.15 and 263.9% above the Metals & Mining industry median of 2.33. Innomet Advanced Materials' overall GF Score™ is 44/100 with 7 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 Innomet Advanced Materials (NSE:INNOMET), the current PB Ratio is 8.48 as of Sep. 21, 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.
Innomet Advanced Materials Ltd is involved in manufacturing and supplying ferrous and non-ferrous metal/alloy powders and tungsten heavy alloy components. It has two divisions under the brand names Innomet Powders and Innotung. Innomet Powders produces metal and alloy powders using water, air, and gas atomization processes. Innotung is the brand name for the tungsten heavy alloy series made through powder metallurgy by the company. It supplies these materials as bars, plates, cubes, spheres, and components of various sizes and shapes, also in finished machined condition according to customer drawings. The company operates in two product segments: metal powders and tungsten heavy alloys.
44GF Score
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