These 5 Indian stocks trade below book value. Here's what the market sees

LiveMint highlights five Indian stocks currently trading below their book value, noting that a low price-to-book ratio is only a starting point and not a buy signal. UFlex trades at 0.4 times its book value at a share price of about Rs 450 versus a book value of Rs 1,125, with management expecting FY27 to be stronger as recent capex begins generating revenue. Raymond Lifestyle trades at around 0.5 times book value at Rs 744 versus Rs 1,582 per share, having turned net-debt-free in FY26 with a net cash surplus of Rs 1.8 billion and targeting double-digit revenue growth over the next three years.