Swaraj Suiting (NSE:SWARAJ) PB Ratio: 2.48 (As of Aug. 21, 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SWARAJ Swaraj Suiting Ltd NSE:SWARAJ
76 GF Score
Price ₹372.00
GF Value ₹264.40
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Swaraj Suiting PB Ratio?

Swaraj Suiting NSE:SWARAJ +1.35% 76 PB Ratio is 2.48 as of Aug. 21, 2026, which is 0% below its 10-year median of 2.49. GuruFocus rates NSE:SWARAJ with a GF Score™ of 76/100 and a GF Value™ of ₹264.40 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,002 Manufacturing - Apparel & Accessories companies, Swaraj Suiting ranks worse than 78.74% 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 (2026-08-21), Swaraj Suiting's share price is ₹372.00. Swaraj Suiting's Book Value per Share for the quarter that ended in Mar. 2026 was ₹150.16. Hence, Swaraj Suiting's PB Ratio of today is 2.48.

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

NSE:SWARAJ' s PB Ratio Range Over the Past 10 Years
Min: 1.6   Med: 2.49   Max: 3.66
Current: 2.48

During the past 8 years, Swaraj Suiting's highest PB Ratio was 3.66. The lowest was 1.60. And the median was 2.49.

NSE:SWARAJ's PB Ratio is ranked worse than
78.74% of 1002 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.09 vs NSE:SWARAJ: 2.48

During the past 12 months, Swaraj Suiting's average Book Value Per Share Growth Rate was 118.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 48.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 34.90% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Swaraj Suiting was 48.90% per year. The lowest was 18.20% per year. And the median was 30.30% per year.

Back to Basics: PB Ratio


Swaraj Suiting  (NSE:SWARAJ) 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.


Swaraj Suiting PB Ratio Related Terms


Swaraj Suiting PB Ratio Historical Data

* Premium members only.

The historical data trend for Swaraj Suiting'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.

Swaraj Suiting PB Ratio Chart

Swaraj Suiting Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 0.00 0.52 3.13 2.19 1.77

Swaraj Suiting Quarterly Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 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 0.00 2.19 2.09 0.00 1.80

Swaraj Suiting PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, Swaraj Suiting'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.


Swaraj Suiting PB Ratio vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Swaraj Suiting's PB Ratio falls into.


NSE:SWARAJ
76GF Score
Swaraj Suiting Ltd NSE:SWARAJ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swaraj Suiting 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.

Swaraj Suiting's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=372.00/150.155
=2.48

* 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 2.48 mean?
Swaraj Suiting (NSE:SWARAJ) has a PB Ratio of 2.48 as of Aug. 21, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Swaraj Suiting and its competitors. This is near median its historical median of 2.49. Over the past decade, Swaraj Suiting's PB Ratio has ranged from 1.60 to 3.66. According to the industry distribution chart, Swaraj Suiting ranks #789 out of 1002 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 78.7%.
Is Swaraj Suiting's PB Ratio too high?
Swaraj Suiting's current PB Ratio of 2.48 is near median its 10-year median of 2.49. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 3.66. The Manufacturing - Apparel & Accessories industry median PB Ratio is 1.09. Swaraj Suiting's value of 2.48 is 127.5% above this industry median. Based on the distribution chart, Swaraj Suiting ranks #789 out of 1002 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Swaraj Suiting has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Swaraj Suiting's PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Swaraj Suiting ranks #789 out of 1002 companies for PB Ratio. This places Swaraj Suiting in the lower half of its industry. The industry median PB Ratio is 1.09. Swaraj Suiting's value of 2.48 is 127.5% above this benchmark. Historically, Swaraj Suiting's own PB Ratio has ranged from 1.60 to 3.66 over the past decade. While the company's 10-year median is 2.49 vs. the industry median of 1.09, Swaraj Suiting 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 1.09, based on 1,002 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. Swaraj Suiting's current PB Ratio of 2.48 is 127.5% 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 Swaraj Suiting and its competitors. For the Manufacturing - Apparel & Accessories industry, the median PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swaraj Suiting's current PB Ratio is 2.48, which is near median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swaraj Suiting stock overvalued right now?
Based on GuruFocus' analysis, Swaraj Suiting (NSE:SWARAJ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹264.40, compared to a current price of ₹372.00 — trading 40.7% above its estimated fair value. The current PB Ratio is 2.48, which is near median its 10-year median of 2.49 and 127.5% above the Manufacturing - Apparel & Accessories industry median of 1.09. Swaraj Suiting's overall GF Score™ is 76/100 with 8 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 Swaraj Suiting (NSE:SWARAJ), the current PB Ratio is 2.48 as of Aug. 21, 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 Swaraj Suiting (NSE:SWARAJ) Overvalued in 2026?

Based on GuruFocus' analysis, Swaraj Suiting stock appears to be overvalued. The current stock price of ₹372.00 is trading 40.7% above its estimated GF Value™ of ₹264.40. GuruFocus considers Swaraj Suiting to be Significantly Overvalued.

Key valuation signals for NSE:SWARAJ:

  • PB Ratio: 2.48 (near median its 10-year median of 2.49)
  • GF Value™: ₹264.40 vs. price of ₹372.00 (40.7% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 127.5% above the Manufacturing - Apparel & Accessories median (#789 of 1002)

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


Swaraj Suiting Business Description

Other Exchanges 544861:India
Address RIICO Growth Centre, F-483 To F-487, Hamirgarh, Bhilwara, RJ, IND, 311025
Swaraj Suiting Ltd is mainly engaged in the textile industry. It operates under various verticals, namely manufacturing of denim, grey fabric, finished fabric, weaving on a Job Work basis, trading of the finished fabric, grey fabric, and yarn. The company's business segment is the manufacturing of denim/synthetic/cotton fabric. It generates the majority of its revenue from Finish Fabrics.
76GF Score

Get the complete analysis for NSE:SWARAJ

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

₹372.00
Price
₹264.40
GF Value