PB Ratio (Price to Book)

Share price compared with the company's net assets per share.

"Book value" is what would be left for shareholders on paper if the company sold everything it owns and paid off everything it owes. PB compares the market price with that figure.

A PB of 1 means you are paying exactly the accounting value of the assets. A PB of 8 means you are paying eight times it — you are buying the earning power and the brand, not the furniture.

PB is most useful for banks and lenders, whose assets are loans and are therefore measurable. It is far less useful for software or consumer companies, where the real value is people and brands that never appear on the balance sheet.

Share price ₹2,182, book value per share ₹249 → PB = 8.75. The market values the company at nearly nine times its accounting net worth.

A very low PB is not automatically a bargain. It often means the market doubts the assets are really worth what the books claim — bad loans, obsolete plant, stock that will not sell.

Analysis only: Supath AI does not give investment advice. Consult a SEBI-registered financial advisor before making investment decisions.