MMP IndustriesNSE:MMP +1.88%87 PB Ratio is 2.05 as of Jun. 26, 2026, which is 18% above its 10-year median of 1.74. GuruFocus rates NSE:MMP with a GF Score™ of 87/100 and a GF Value™ of ₹336.55 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,358 Metals & Mining companies, MMP Industries ranks better than 53.22% 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 (2026-06-26), MMP Industries's share price is ₹279.80. MMP Industries's Book Value per Share for the quarter that ended in Mar. 2026 was ₹136.35. Hence, MMP Industries's PB Ratio of today is 2.05.
The historical rank and industry rank for MMP Industries's PB Ratio or its related term are showing as below:
NSE:MMP'
s PB Ratio Range Over the Past 10 Years
Min: 0.63 Med: 1.74 Max: 2.63
Current: 2.06
During the past 13 years, MMP Industries's highest PB Ratio was 2.63. The lowest was 0.63. And the median was 1.74.
NSE:MMP's PB Ratio is ranked better than 53.22% of 2358
companies
in the Metals & Mining industry
Industry Median: 2.25
vs NSE:MMP: 2.06
During the past 12 months, MMP Industries's average Book Value Per Share Growth Rate was 7.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 10.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 10.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 19.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MMP Industries was 68.30% per year. The lowest was 10.50% per year. And the median was 15.30% 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.
MMP Industries PB Ratio Related Terms
MMP Industries PB Ratio Historical Data
* Premium members only.
The historical data trend for MMP Industries'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.
For the Aluminum subindustry, MMP Industries'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.
MMP Industries PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MMP Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where MMP Industries'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.
MMP Industries's PB Ratio for today is calculated as follows:
* 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.
MMP Industries (NSE:MMP) has a PB Ratio of 2.05 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on MMP Industries and its competitors. This is 18% above median its historical median of 1.74. Over the past decade, MMP Industries' PB Ratio has ranged from 0.63 to 2.63. According to the industry distribution chart, MMP Industries ranks #1103 out of 2358 companies in the Metals & Mining industry, placing it in the top 46.8%.
Is MMP Industries' PB Ratio too high?
MMP Industries' current PB Ratio of 2.05 is 18% above median its 10-year median of 1.74. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 2.63. The Metals & Mining industry median PB Ratio is 2.25. MMP Industries' value of 2.05 is 8.9% below this industry median. Based on the distribution chart, MMP Industries ranks #1103 out of 2358 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, MMP Industries has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MMP Industries' PB Ratio compare to AA?
According to the Metals & Mining industry distribution chart, MMP Industries ranks #1103 out of 2358 companies for PB Ratio. This puts MMP Industries in the upper half of its industry. The industry median PB Ratio is 2.25. MMP Industries' value of 2.05 is 8.9% below this benchmark. Historically, MMP Industries' own PB Ratio has ranged from 0.63 to 2.63 over the past decade. While the company's 10-year median is 1.74 vs. the industry median of 2.25, MMP Industries has consistently been below 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 2.25, based on 2,358 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. MMP Industries's current PB Ratio of 2.05 is 8.9% below 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 MMP Industries and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MMP Industries's current PB Ratio is 2.05, which is 18% above median its own 10-year median of 1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MMP Industries stock overvalued right now?
Based on GuruFocus' analysis, MMP Industries (NSE:MMP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹336.55, compared to a current price of ₹279.80 — trading 16.9% below its estimated fair value. The current PB Ratio is 2.05, which is 18% above median its 10-year median of 1.74 and 8.9% below the Metals & Mining industry median of 2.25. MMP Industries' overall GF Score™ is 87/100 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 MMP Industries (NSE:MMP), the current PB Ratio is 2.05 as of Jun. 26, 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 MMP Industries (NSE:MMP) Overvalued in 2026?
Based on GuruFocus' analysis, MMP Industries stock appears to be undervalued.
The current stock price of ₹279.80 is trading 16.9% below its estimated GF Value™ of ₹336.55.
GuruFocus considers MMP Industries to be Modestly Undervalued.
Key valuation signals for NSE:MMP:
PB Ratio: 2.05 (18% above median its 10-year median of 1.74)
GF Value™: ₹336.55 vs. price of ₹279.80 (16.9% below fair value)
Industry Position: 8.9% below the Metals & Mining median (#1103 of 2358)
No single metric tells the full story. See the NSE:MMP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MMP Industries Ltd is an Indian company engaged in manufacturing aluminum powders, aluminum pastes, and aluminum conductors. The products of the company are used in the construction industry. Its segments are Aluminium Powder and Paste; Aluminium Foil, Aluminium Conductor and Others. The business is spread across Europe, the Middle East, Africa and the Asia Pacific. The company generates the majority of its revenue from the Aluminium Powder and Paste segment.
87GF Score
Get the complete analysis for NSE:MMP
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:MMP has been successfully added to your 
