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QMS Medical Allied ServicesNSE:QMSMEDI -1.11%77 PB Ratio is 2.33 as of Jul. 22, 2026, which is 0% below its 10-year median of 2.34. GuruFocus rates NSE:QMSMEDI with a GF Score™ of 77/100 and a GF Value™ of ₹120.61 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 786 Medical Devices & Instruments companies, QMS Medical Allied Services ranks worse than 55.47% on this metric.
QMS Medical Allied Services Ltd stock PB Ratio (=2.39) is close to 2-year high of 2.54.
The historical rank and industry rank for QMS Medical Allied Services's PB Ratio or its related term are showing as below:
NSE:QMSMEDI'
s PB Ratio Range Over the Past 10 Years
Min: 1.57 Med: 2.34 Max: 3.92
Current: 2.32
During the past 7 years, QMS Medical Allied Services's highest PB Ratio was 3.92. The lowest was 1.57. And the median was 2.34.
NSE:QMSMEDI's PB Ratio is ranked worse than 55.47% of 786
companies
in the Medical Devices & Instruments industry
Industry Median: 2.05
vs NSE:QMSMEDI: 2.32
During the past 12 months, QMS Medical Allied Services's average Book Value Per Share Growth Rate was -5.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 6.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 34.80% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of QMS Medical Allied Services was 95.60% per year. The lowest was 6.60% per year. And the median was 49.70% per year.
Back to Basics: PB Ratio
QMS Medical Allied Services (NSE:QMSMEDI) 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.
QMS Medical Allied Services PB Ratio Related Terms
QMS Medical Allied Services 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.
NSE:QMSMEDI vs ISRG, BDX, MDLN: PB Ratio Comparison
For the Medical Instruments & Supplies subindustry, QMS Medical Allied Services'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.
QMS Medical Allied Services PB Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, QMS Medical Allied Services's PB Ratio distribution charts can be found below:
* The bar in red indicates where QMS Medical Allied Services'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.
QMS Medical Allied Services (NSE:QMSMEDI) has a PB Ratio of 2.33 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on QMS Medical Allied Services and its competitors. This is near median its historical median of 2.34. Over the past decade, QMS Medical Allied Services' PB Ratio has ranged from 1.57 to 3.92. According to the industry distribution chart, QMS Medical Allied Services ranks #436 out of 786 companies in the Medical Devices & Instruments industry, placing it in the top 55.5%.
Is QMS Medical Allied Services' PB Ratio too high?
QMS Medical Allied Services' current PB Ratio of 2.33 is near median its 10-year median of 2.34. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 3.92. The Medical Devices & Instruments industry median PB Ratio is 2.05. QMS Medical Allied Services' value of 2.33 is 13.7% above this industry median. Based on the distribution chart, QMS Medical Allied Services ranks #436 out of 786 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, QMS Medical Allied Services has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does QMS Medical Allied Services' PB Ratio compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, QMS Medical Allied Services ranks #436 out of 786 companies for PB Ratio. This places QMS Medical Allied Services in the lower half of its industry. The industry median PB Ratio is 2.05. QMS Medical Allied Services' value of 2.33 is 13.7% above this benchmark. Historically, QMS Medical Allied Services' own PB Ratio has ranged from 1.57 to 3.92 over the past decade. While the company's 10-year median is 2.34 vs. the industry median of 2.05, QMS Medical Allied Services 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 Medical Devices & Instruments company?
The median PB Ratio among Medical Devices & Instruments companies is 2.05, based on 786 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. QMS Medical Allied Services's current PB Ratio of 2.33 is 13.7% 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 QMS Medical Allied Services and its competitors. For the Medical Devices & Instruments industry, the median PB Ratio is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QMS Medical Allied Services's current PB Ratio is 2.33, which is near median its own 10-year median of 2.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QMS Medical Allied Services stock overvalued right now?
Based on GuruFocus' analysis, QMS Medical Allied Services (NSE:QMSMEDI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹120.61, compared to a current price of ₹106.96 — trading 11.3% below its estimated fair value. The current PB Ratio is 2.33, which is near median its 10-year median of 2.34 and 13.7% above the Medical Devices & Instruments industry median of 2.05. QMS Medical Allied Services' overall GF Score™ is 77/100 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 QMS Medical Allied Services (NSE:QMSMEDI), the current PB Ratio is 2.33 as of Jul. 22, 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 QMS Medical Allied Services (NSE:QMSMEDI) Overvalued in 2026?
Based on GuruFocus' analysis, QMS Medical Allied Services stock appears to be undervalued.
The current stock price of ₹106.96 is trading 11.3% below its estimated GF Value™ of ₹120.61.
GuruFocus considers QMS Medical Allied Services to be Modestly Undervalued.
Key valuation signals for NSE:QMSMEDI:
PB Ratio: 2.33 (near median its 10-year median of 2.34)
GF Value™: ₹120.61 vs. price of ₹106.96 (11.3% below fair value)
Industry Position: 13.7% above the Medical Devices & Instruments median (#436 of 786)
No single metric tells the full story. See the NSE:QMSMEDI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
QMS Medical Allied Services Ltd is engaged in the marketing and distribution of a wide range of medical products as well as medical education services. The company's products are sold under brand name "QDevices" and also manage the distribution for other brands such as 3M, Heine, Rossmax and others. It offers medical products such as Blood Pressure Monitors, Glucose Monitoring Kits and strips, Dental Products, Personal protection kits eg-PPE kits, Infection prevention, Stethoscope and Oxygen Concentrator.
77GF Score
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