Kalyan Jewellers India Ltd
NSE:KALYANKJIL

Watchlist Manager
Kalyan Jewellers India Ltd Logo
Kalyan Jewellers India Ltd
NSE:KALYANKJIL
Watchlist
Price: 412.55 INR 0.04% Market Closed
Market Cap: ₹426B

P/B

7.9
Current
19%
Cheaper
vs 3-y average of 9.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
7.9
=
Market Cap
₹416.9B
/
Total Equity
₹53.4B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
7.9
=
Market Cap
₹416.9B
/
Total Equity
₹53.4B

Valuation Scenarios

Kalyan Jewellers India Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (9.8), the stock would be worth ₹510.09 (24% upside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-70%
Maximum Upside
+24%
Average Downside
31%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 7.9 ₹412.55
0%
3-Year Average 9.8 ₹510.09
+24%
5-Year Average 6.5 ₹339.39
-18%
Industry Average 2.4 ₹125.39
-70%
Country Average 3.3 ₹169.17
-59%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
IN
Kalyan Jewellers India Ltd
NSE:KALYANKJIL
425.8B INR 7.9 37.5
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
222.6B EUR 3.3 20.4
FR
Hermes International SCA
PAR:RMS
168.5B EUR 9 37.5
KR
SBW
KRX:102280
235.5T KRW 2 461.2 -117 637.1
CH
Compagnie Financiere Richemont SA
SIX:CFR
85.8B CHF 4.3 23.4
FR
EssilorLuxottica SA
PAR:EL
83.7B EUR 2.1 36
FR
Christian Dior SE
PAR:CDI
76.1B EUR 3.1 16.8
IN
Titan Company Ltd
NSE:TITAN
3.9T INR 30.4 81.7
FR
Kering SA
PAR:KER
28.5B EUR 1.9 395.5
DE
Adidas AG
XETRA:ADS
26.7B EUR 4.6 19.9
CN
ANTA Sports Products Ltd
HKEX:2020
232.7B HKD 3.1 14.8

Market Distribution

Higher than 82% of companies in India
Percentile
82st
Based on 2 820 companies
82st percentile
7.9
Low
0 — 2.1
Typical Range
2.1 — 5.5
High
5.5 —
Distribution Statistics
India
Min 0
30th Percentile 2.1
Median 3.3
70th Percentile 5.5
Max 4 699.1

Kalyan Jewellers India Ltd
Glance View

Kalyan Jewellers India Ltd., a prominent player in the Indian jewelry retail industry, has built its reputation on a foundation of trust, transparency, and a client-first approach. This family-owned business, which was founded by T.S. Kalyanaraman in 1993 in Thrissur, Kerala, has grown exponentially over the decades. Initially a modest operation, Kalyan Jewellers has expanded its footprint across India with an extensive network of showrooms, reaching both urban and semi-urban markets. The brand is known for its wide range of meticulously crafted jewelry that caters to diverse tastes and occasions, from weddings to casual wear, thereby marrying traditional designs with contemporary styles to appeal to a broad demographic. This strategic focus on consumer needs and local tastes has been a significant factor in their sustained growth, making them a household name across the subcontinent. The company primarily generates revenue through its extensive line of gold, diamond, and other precious jewelry collections, along with branded and unbranded jewelry offerings. This diversified product line, coupled with an innovative approach to marketing—often leveraging high-profile brand ambassadors—facilitates a strong connection with customers. Kalyan Jewellers positions itself as a trustworthy brand by emphasizing high-quality products and transparent pricing policies, which include detailed breakups of costs, something relatively novel in the jewelry industry. Additionally, the company has ventured into e-commerce, complementing its physical stores and tapping into the growing online retail market, thereby enhancing its accessibility and reach. This blend of traditional charm with modern innovation enables Kalyan Jewellers to maintain robust sales and expand its market share both domestically and internationally.

KALYANKJIL Intrinsic Value
359.2 INR
Overvaluation 13%
Intrinsic Value
Price ₹412.55
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett