India GlycolsNSE:INDIAGLYCO -2.23%73 Price-to-Tangible-Book is 2.14 as of Jun. 24, 2026, which is 89% above its 10-year median of 1.13. GuruFocus rates NSE:INDIAGLYCO with a GF Score™ of 73/100 and a GF Value™ of ₹749.36 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,546 Chemicals companies, India Glycols ranks worse than 53.17% on this metric.
The historical rank and industry rank for India Glycols's Price-to-Tangible-Book or its related term are showing as below:
NSE:INDIAGLYCO'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.64 Med: 1.13 Max: 2.19
Current: 2.13
During the past 13 years, India Glycols's highest Price to Tangible Book Ratio was 2.19. The lowest was 0.64. And the median was 1.13.
NSE:INDIAGLYCO's Price-to-Tangible-Book is ranked worse than 53.17% of 1546
companies
in the Chemicals industry
Industry Median: 2
vs NSE:INDIAGLYCO: 2.13
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
India Glycols Price-to-Tangible-Book Related Terms
India Glycols Price-to-Tangible-Book Historical Data
* Premium members only.
The historical data trend for India Glycols's Price-to-Tangible-Book 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.
NSE:INDIAGLYCO vs DOW: Price-to-Tangible-Book Comparison
For the Chemicals subindustry, India Glycols's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
India Glycols Price-to-Tangible-Book vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, India Glycols's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where India Glycols's Price-to-Tangible-Book falls into.
* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
India Glycols (NSE:INDIAGLYCO) has a Price-to-Tangible-Book of 2.14 as of Jun. 24, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on India Glycols and its competitors. This is 89% above median its historical median of 1.13. Over the past decade, India Glycols' Price-to-Tangible-Book has ranged from 0.64 to 2.19. According to the industry distribution chart, India Glycols ranks #822 out of 1546 companies in the Chemicals industry, placing it in the top 53.2%.
Is India Glycols' Price-to-Tangible-Book too high?
India Glycols' current Price-to-Tangible-Book of 2.14 is 89% above median its 10-year median of 1.13. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 2.19. The Chemicals industry median Price-to-Tangible-Book is 2.00. India Glycols' value of 2.14 is 7% above this industry median. Based on the distribution chart, India Glycols ranks #822 out of 1546 companies in the Chemicals industry, which is below the industry midpoint. Overall, India Glycols has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does India Glycols' Price-to-Tangible-Book compare to DOW?
According to the Chemicals industry distribution chart, India Glycols ranks #822 out of 1546 companies for Price-to-Tangible-Book. This places India Glycols in the lower half of its industry. The industry median Price-to-Tangible-Book is 2.00. India Glycols' value of 2.14 is 7% above this benchmark. Historically, India Glycols' own Price-to-Tangible-Book has ranged from 0.64 to 2.19 over the past decade. While the company's 10-year median is 1.13 vs. the industry median of 2.00, India Glycols 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 Price-to-Tangible-Book for a Chemicals company?
The median Price-to-Tangible-Book among Chemicals companies is 2.00, based on 1,546 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. India Glycols's current Price-to-Tangible-Book of 2.14 is 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on India Glycols and its competitors. For the Chemicals industry, the median Price-to-Tangible-Book is 2.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Glycols's current Price-to-Tangible-Book is 2.14, which is 89% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Glycols stock overvalued right now?
Based on GuruFocus' analysis, India Glycols (NSE:INDIAGLYCO) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹749.36, compared to a current price of ₹934.65 — trading 24.7% above its estimated fair value. The current Price-to-Tangible-Book is 2.14, which is 89% above median its 10-year median of 1.13 and 7% above the Chemicals industry median of 2.00. India Glycols' overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For India Glycols (NSE:INDIAGLYCO), the current Price-to-Tangible-Book is 2.14 as of Jun. 24, 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 India Glycols (NSE:INDIAGLYCO) Overvalued in 2026?
Based on GuruFocus' analysis, India Glycols stock appears to be overvalued.
The current stock price of ₹934.65 is trading 24.7% above its estimated GF Value™ of ₹749.36.
GuruFocus considers India Glycols to be Modestly Overvalued.
Key valuation signals for NSE:INDIAGLYCO:
Price-to-Tangible-Book: 2.14 (89% above median its 10-year median of 1.13)
GF Value™: ₹749.36 vs. price of ₹934.65 (24.7% above fair value)
Industry Position: 7% above the Chemicals median (#822 of 1546)
No single metric tells the full story. See the NSE:INDIAGLYCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
India Glycols Ltd is engaged in the manufacture of Bio-Based Specialities and Performance Chemicals, such as green technology-based bulk products, natural gums, and industrial gases; Potable Spirits, and Ennature Biopharma. The company operates through industries of Pharma & Healthcare, Oil & Gas, Textile, Food Ingredients, Automotive, Packaging, Personal Care, Potable Spirits, and Industrial and Manufacturing. Its operating segments are Bio-based Specialities and Performance Chemicals comprise Glycols, Specialty Chemicals, Natural Gum & other related goods, etc; Potable Spirits comprises the manufacture and sale of Ethyl Alcohol (Potable); Ennature Biopharma comprises the manufacture and sale of Nutraceutical Products; and Bio-fuel comprises Ethanol, DDGS & DWGS.
73GF Score
Get the complete analysis for NSE:INDIAGLYCO
Price-to-Tangible-Book 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:INDIAGLYCO has been successfully added to your 
