JSW Dulux (NSE:JSWDULUX) PB Ratio: 5.86 (As of Aug. 12, 2026) — 28% Below Median

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NSE:JSWDULUX JSW Dulux Ltd NSE:JSWDULUX
72 GF Score
Price ₹3,157.00
GF Value ₹2,800.52
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is JSW Dulux PB Ratio?

JSW Dulux NSE:JSWDULUX +3.33% 72 PB Ratio is 5.86 as of Aug. 12, 2026, which is 28% below its 10-year median of 8.19. GuruFocus rates NSE:JSWDULUX with a GF Score™ of 72/100 and a GF Value™ of ₹2,800.52 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,578 Chemicals companies, JSW Dulux ranks worse than 89.54% 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 (2026-08-12), JSW Dulux's share price is ₹3157.00. JSW Dulux's Book Value per Share for the quarter that ended in Jun. 2026 was ₹538.34. Hence, JSW Dulux's PB Ratio of today is 5.86.

Good Sign:

JSW Dulux Ltd stock PB Ratio (=5.6) is close to 10-year low of 5.4.

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

NSE:JSWDULUX' s PB Ratio Range Over the Past 10 Years
Min: 5.4   Med: 8.19   Max: 14.43
Current: 5.87

During the past 13 years, JSW Dulux's highest PB Ratio was 14.43. The lowest was 5.40. And the median was 8.19.

NSE:JSWDULUX's PB Ratio is ranked worse than
89.54% of 1578 companies
in the Chemicals industry
Industry Median: 1.76 vs NSE:JSWDULUX: 5.87

During the past 12 months, JSW Dulux's average Book Value Per Share Growth Rate was 84.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 23.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of JSW Dulux was 24.30% per year. The lowest was -16.50% per year. And the median was 6.35% per year.

Back to Basics: PB Ratio


JSW Dulux  (NSE:JSWDULUX) 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.


JSW Dulux PB Ratio Related Terms


JSW Dulux PB Ratio Historical Data

* Premium members only.

The historical data trend for JSW Dulux'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.

JSW Dulux PB Ratio Chart

JSW Dulux 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 6.90 7.96 8.17 12.32 5.28

JSW Dulux Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 6.68 0.00 5.28 0.00

NSE:JSWDULUX vs LIN, SHW, ECL: PB Ratio Comparison

For the Specialty Chemicals subindustry, JSW Dulux'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.


JSW Dulux PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, JSW Dulux's PB Ratio distribution charts can be found below:

* The bar in red indicates where JSW Dulux's PB Ratio falls into.


NSE:JSWDULUX
72GF Score
JSW Dulux Ltd NSE:JSWDULUX
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JSW Dulux 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.

JSW Dulux's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2026)
=3157.00/538.34
=5.86

* 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 5.86 mean?
JSW Dulux (NSE:JSWDULUX) has a PB Ratio of 5.86 as of Aug. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on JSW Dulux and its competitors. This is 28% below median its historical median of 8.19. Over the past decade, JSW Dulux's PB Ratio has ranged from 5.40 to 14.43. According to the industry distribution chart, JSW Dulux ranks #1413 out of 1578 companies in the Chemicals industry, placing it in the top 89.5%.
Is JSW Dulux's PB Ratio too high?
JSW Dulux's current PB Ratio of 5.86 is 28% below median its 10-year median of 8.19. Over the past 10 years, this metric has ranged from a low of 5.40 to a high of 14.43. The Chemicals industry median PB Ratio is 1.76. JSW Dulux's value of 5.86 is 233% above this industry median. Based on the distribution chart, JSW Dulux ranks #1413 out of 1578 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, JSW Dulux has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JSW Dulux's PB Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, JSW Dulux ranks #1413 out of 1578 companies for PB Ratio. This places JSW Dulux in the lower half of its industry. The industry median PB Ratio is 1.76. JSW Dulux's value of 5.86 is 233% above this benchmark. Historically, JSW Dulux's own PB Ratio has ranged from 5.40 to 14.43 over the past decade. While the company's 10-year median is 8.19 vs. the industry median of 1.76, JSW Dulux 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 Chemicals company?
The median PB Ratio among Chemicals companies is 1.76, based on 1,578 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. JSW Dulux's current PB Ratio of 5.86 is 233% 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 JSW Dulux and its competitors. For the Chemicals industry, the median PB Ratio is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Dulux's current PB Ratio is 5.86, which is 28% below median its own 10-year median of 8.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Dulux stock overvalued right now?
Based on GuruFocus' analysis, JSW Dulux (NSE:JSWDULUX) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹2,800.52, compared to a current price of ₹3,157.00 — trading 12.7% above its estimated fair value. The current PB Ratio is 5.86, which is 28% below median its 10-year median of 8.19 and 233% above the Chemicals industry median of 1.76. JSW Dulux's overall GF Score™ is 72/100 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 JSW Dulux (NSE:JSWDULUX), the current PB Ratio is 5.86 as of Aug. 12, 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 JSW Dulux (NSE:JSWDULUX) Overvalued in 2026?

Based on GuruFocus' analysis, JSW Dulux stock appears to be overvalued. The current stock price of ₹3,157.00 is trading 12.7% above its estimated GF Value™ of ₹2,800.52. GuruFocus considers JSW Dulux to be Modestly Overvalued.

Key valuation signals for NSE:JSWDULUX:

  • PB Ratio: 5.86 (28% below median its 10-year median of 8.19)
  • GF Value™: ₹2,800.52 vs. price of ₹3,157.00 (12.7% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 233% above the Chemicals median (#1413 of 1578)

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


JSW Dulux Business Description

Other Exchanges 500710:India
Address JSW Centre, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400051
JSW Dulux Ltd is engaged in the business of manufacturing, trading and selling paints and related products. The Company is principally engaged in the manufacturing of paints, coatings and allied products in India. It operates through the Paints segment. The Company generates maximum revenue from Domestic operations and also has Overseas operations.
72GF Score

Get the complete analysis for NSE:JSWDULUX

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

₹3,157.00
Price
₹2,800.52
GF Value