Madhya Bharat Agro Products Ltd stock PB Ratio (=9.19) is close to 10-year high of 9.27.
The historical rank and industry rank for Madhya Bharat Agro Products's PB Ratio or its related term are showing as below:
NSE:MBAPL'
s PB Ratio Range Over the Past 10 Years
Min: 0.86 Med: 5.24 Max: 9.27
Current: 9.19
During the past 13 years, Madhya Bharat Agro Products's highest PB Ratio was 9.27. The lowest was 0.86. And the median was 5.24.
NSE:MBAPL's PB Ratio is ranked worse than 95.58% of 249
companies
in the Agriculture industry
Industry Median: 1.5
vs NSE:MBAPL: 9.19
During the past 12 months, Madhya Bharat Agro Products's average Book Value Per Share Growth Rate was 36.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 18.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 27.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 20.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Madhya Bharat Agro Products was 53.70% per year. The lowest was 8.60% per year. And the median was 19.70% per year.
Back to Basics: PB Ratio
Madhya Bharat Agro Products (NSE:MBAPL) 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.
Madhya Bharat Agro Products PB Ratio Related Terms
Madhya Bharat Agro Products 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.
For the Agricultural Inputs subindustry, Madhya Bharat Agro Products'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.
Madhya Bharat Agro Products PB Ratio vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Madhya Bharat Agro Products's PB Ratio distribution charts can be found below:
* The bar in red indicates where Madhya Bharat Agro Products'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.
Madhya Bharat Agro Products (NSE:MBAPL) has a PB Ratio of 9.19 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Madhya Bharat Agro Products and its competitors. This is 75% above median its historical median of 5.24. Over the past decade, Madhya Bharat Agro Products' PB Ratio has ranged from 0.86 to 9.27. According to the industry distribution chart, Madhya Bharat Agro Products ranks #238 out of 249 companies in the Agriculture industry, placing it in the top 95.6%.
Is Madhya Bharat Agro Products' PB Ratio too high?
Madhya Bharat Agro Products' current PB Ratio of 9.19 is 75% above median its 10-year median of 5.24. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 9.27. The Agriculture industry median PB Ratio is 1.50. Madhya Bharat Agro Products' value of 9.19 is 512.7% above this industry median. Based on the distribution chart, Madhya Bharat Agro Products ranks #238 out of 249 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Madhya Bharat Agro Products has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Madhya Bharat Agro Products' PB Ratio compare to CTVA and CF?
According to the Agriculture industry distribution chart, Madhya Bharat Agro Products ranks #238 out of 249 companies for PB Ratio. This places Madhya Bharat Agro Products in the lower half of its industry. The industry median PB Ratio is 1.50. Madhya Bharat Agro Products' value of 9.19 is 512.7% above this benchmark. Historically, Madhya Bharat Agro Products' own PB Ratio has ranged from 0.86 to 9.27 over the past decade. While the company's 10-year median is 5.24 vs. the industry median of 1.50, Madhya Bharat Agro Products 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 an Agriculture company?
The median PB Ratio among Agriculture companies is 1.50, based on 249 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. Madhya Bharat Agro Products's current PB Ratio of 9.19 is 512.7% 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 Madhya Bharat Agro Products and its competitors. For the Agriculture industry, the median PB Ratio is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madhya Bharat Agro Products's current PB Ratio is 9.19, which is 75% above median its own 10-year median of 5.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madhya Bharat Agro Products stock overvalued right now?
Based on GuruFocus' analysis, Madhya Bharat Agro Products (NSE:MBAPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹794.04, compared to a current price of ₹576.70 — trading 27.4% below its estimated fair value. The current PB Ratio is 9.19, which is 75% above median its 10-year median of 5.24 and 512.7% above the Agriculture industry median of 1.50. Madhya Bharat Agro Products' overall GF Score™ is 86/100 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 Madhya Bharat Agro Products (NSE:MBAPL), the current PB Ratio is 9.19 as of Jun. 28, 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 Madhya Bharat Agro Products (NSE:MBAPL) Overvalued in 2026?
Based on GuruFocus' analysis, Madhya Bharat Agro Products stock appears to be undervalued.
The current stock price of ₹576.70 is trading 27.4% below its estimated GF Value™ of ₹794.04.
GuruFocus considers Madhya Bharat Agro Products to be Modestly Undervalued.
Key valuation signals for NSE:MBAPL:
PB Ratio: 9.19 (75% above median its 10-year median of 5.24)
GF Value™: ₹794.04 vs. price of ₹576.70 (27.4% below fair value)
Industry Position: 512.7% above the Agriculture median (#238 of 249)
No single metric tells the full story. See the NSE:MBAPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Madhya Bharat Agro Products Ltd is engaged in the manufacturing of fertilizers and chemicals. The company operates through one segment, namely Manufacturing of Fertilizers. The firm is setting up a project comprising phosphoric acid, triple superphosphate, chemicals, and allied products, and further expansion of single superphosphate and sulfuric acid. In addition, it is also involved in the business of the purchase and sale of textiles and agricultural products. The majority of its revenue is derived from the manufacturing of fertilizers.
86GF Score
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