Jet Knitwears (NSE:JETKNIT) PB Ratio: 1.31 (As of Sep. 08, 2026) — 32% Below Median

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NSE:JETKNIT Jet Knitwears Ltd NSE:JETKNIT
59 GF Score
Price ₹48.45
GF Value ₹83.33
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Jet Knitwears PB Ratio?

Jet Knitwears NSE:JETKNIT 59 PB Ratio is 1.31 as of Sep. 08, 2026, which is 32% below its 10-year median of 1.93. GuruFocus rates NSE:JETKNIT with a GF Score™ of 59/100 and a GF Value™ of ₹83.33 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,008 Manufacturing - Apparel & Accessories companies, Jet Knitwears ranks worse than 55.85% on this metric.

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. As of today (2026-09-08), Jet Knitwears's share price is ₹48.45. Jet Knitwears's Book Value per Share for the quarter that ended in Mar. 2026 was ₹36.91. Hence, Jet Knitwears's PB Ratio of today is 1.31.

The historical rank and industry rank for Jet Knitwears's PB Ratio or its related term are showing as below:

NSE:JETKNIT' s PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.93   Max: 4.84
Current: 1.31

During the past 13 years, Jet Knitwears's highest PB Ratio was 4.84. The lowest was 0.43. And the median was 1.93.

NSE:JETKNIT's PB Ratio is ranked worse than
55.85% of 1008 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.11 vs NSE:JETKNIT: 1.31

During the past 12 months, Jet Knitwears's average Book Value Per Share Growth Rate was 3.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Jet Knitwears was 62.80% per year. The lowest was 2.50% per year. And the median was 10.50% per year.

Back to Basics: PB Ratio


Jet Knitwears  (NSE:JETKNIT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Jet Knitwears PB Ratio Related Terms


Jet Knitwears PB Ratio Historical Data

* Premium members only.

The historical data trend for Jet Knitwears'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.

Jet Knitwears PB Ratio Chart

Jet Knitwears Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.99 1.29 2.65 2.12 1.66

Jet Knitwears Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.65 2.29 2.12 2.06 2.42

NSE:JETKNIT vs RL, LEVI, VFC: PB Ratio Comparison

For the Apparel Manufacturing subindustry, Jet Knitwears'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.


Jet Knitwears PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jet Knitwears's PB Ratio distribution charts can be found below:

* The bar in red indicates where Jet Knitwears's PB Ratio falls into.


NSE:JETKNIT
59GF Score
Jet Knitwears Ltd NSE:JETKNIT
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jet Knitwears PB Ratio Calculation

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.

Jet Knitwears's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=48.45/36.91
=1.31

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.31 mean?
Jet Knitwears (NSE:JETKNIT) has a PB Ratio of 1.31 as of Sep. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Jet Knitwears and its competitors. This is 32% below median its historical median of 1.93. Over the past decade, Jet Knitwears' PB Ratio has ranged from 0.43 to 4.84. According to the industry distribution chart, Jet Knitwears ranks #563 out of 1008 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 55.9%.
Is Jet Knitwears' PB Ratio too high?
Jet Knitwears' current PB Ratio of 1.31 is 32% below median its 10-year median of 1.93. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 4.84. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.11. Jet Knitwears' value of 1.31 is 18% above this industry median. Based on the distribution chart, Jet Knitwears ranks #563 out of 1008 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Jet Knitwears has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jet Knitwears' PB Ratio compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Jet Knitwears ranks #563 out of 1008 companies for PB Ratio. This places Jet Knitwears in the lower half of its industry. The industry median PB Ratio is 1.11. Jet Knitwears' value of 1.31 is 18% above this benchmark. Historically, Jet Knitwears' own PB Ratio has ranged from 0.43 to 4.84 over the past decade. While the company's 10-year median is 1.93 vs. the industry median of 1.11, Jet Knitwears 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 1.11, based on 1,008 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. Jet Knitwears's current PB Ratio of 1.31 is 18% 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 Jet Knitwears and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jet Knitwears's current PB Ratio is 1.31, which is 32% below median its own 10-year median of 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jet Knitwears stock overvalued right now?
Based on GuruFocus' analysis, Jet Knitwears (NSE:JETKNIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹83.33, compared to a current price of ₹48.45 — trading 41.9% below its estimated fair value. The current PB Ratio is 1.31, which is 32% below median its 10-year median of 1.93 and 18% above the Manufacturing - Apparel & Accessories industry median of 1.11. Jet Knitwears' overall GF Score™ is 59/100 with 6 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 Jet Knitwears (NSE:JETKNIT), the current PB Ratio is 1.31 as of Sep. 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 Jet Knitwears (NSE:JETKNIT) Overvalued in 2026?

Based on GuruFocus' analysis, Jet Knitwears stock appears to be undervalued. The current stock price of ₹48.45 is trading 41.9% below its estimated GF Value™ of ₹83.33. GuruFocus considers Jet Knitwears to be Possible Value Trap.

Key valuation signals for NSE:JETKNIT:

  • PB Ratio: 1.31 (32% below median its 10-year median of 1.93)
  • GF Value™: ₹83.33 vs. price of ₹48.45 (41.9% below fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 18% above the Manufacturing - Apparel & Accessories median (#563 of 1008)

No single metric tells the full story. See the NSE:JETKNIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jet Knitwears Business Description

Address 119/410 B-1, Darshan Purwa, Kanpur, UP, IND, 208012
Jet Knitwears Ltd is engaged in manufacturing of textile Items, other knitted and crocheted apparel including hosiery. It offers intimate garments for men, women, and children. The company's products include such as vests, briefs, brassiere, panties, socks, t-shirts and casual wears.
59GF Score

Get the complete analysis for NSE:JETKNIT

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹48.45
Price
₹83.33
GF Value